Equitas Small Finance Bank is a New Age Bank that gives children, youth, families and business people across India a new way to bank. Issue type. Equitas Small Finance Bank may launch IPO on October 20, to raise Rs 532 crore. Equitas Small Finance Bank aka ESFB IPO to hit the market on 22 October as per the speculations. Equitas Small Finance Bank has recently done Pre-IPO Placement at Rs.52 per share. 32-33 per Share Issue Size Rs. EQUITAS SMALL FINANCE Bank IPO Details. Equitas Small Finance Bank IPO Subscription Details (22 Oct 5:00 pm) Fax: +91 40 2343 1551  769, Mount Road, Anna Salai  This shows the market is not willing to give more value to the financial companies post COVID-19. Registrar of Equitas Small Finance Bank IPO, Equitas Small Finance Bank Contact Details, Equitas Small Finance Bank IPO Subscription Details, Listing Performance of Equitas Small Finance Bank, Investors need IPO exit strategy, here is why, Option Trading Basics – Types, Definitions, Strategies, Benefits, Best IPOs in 5 years that doubled investors’ money, IPO Process in India: All you need to know, IPO Allotment Process: Here is how it works, Laxmi Organics files DRHP for INR800 crore IPO, Mrs Bectors IPO GMP Today, Check Daily Movement, Burger King IPO GMP Today, Check Daily Movement, Gland Pharma IPO GMP Today, Check Daily Movement, Equitas Bank IPO GMP Today, Check Daily Movement, UTI AMC IPO GMP Today, Check Daily Movement. Equitas Small Finance Bank, the subsidiary of Equitas Holdings, may be launching its public issue on October 20 and closed on October 22 as per the speculations still the dates are not confirmed. Market Lot: 428 Shares Equitas Small Finance Bank IPO price valuations. The issue was earlier scheduled for subscription by the end of March 2020. Mazagon Dock Shipbuilders IPO Review: Should you invest? Phone: +91 44 4299 5000 Book Built Issue IPO. The total IPO size of Rs 517.60 crores will contain both fresh scrips and an offer for sales shares from the promoter. 15.7 crore equity shares of Rs 10 The company reserved 10% of the offer for Shareholders (approximate ₹51 Cr). Updated: 18 Oct 2020, 12:28 PM IST Edited By Surajit Dasgupta. Angel Broking IPO Review: Should you invest? Website: www.kfintech.com, Equitas Small Finance Bank Limited IPO Opening Date: 20 October 2020 IPO Closing Date: 22 October 2020Finalisation of Basis of Allotment: 27 October 2020Initiation of refunds: 28 October 2020Transfer of shares to demat accounts: 29 October 2020Listing Date: 2 November 2020Opening Price on NSE: INR31.1 per share (down 5.76% from IPO price)Closing Price on NSE: INR33.05 per share (up 0.15% from IPO price), **** Equitas Small Finance Bank IPO Details ****, IPO Date: 20 OCT 2020 – 22 OCT 2020 Issue open. Face Value: Rs 10 per equity share Equitas Small Finance Bank IPO is a main-board IPO of [.] 2) For last 3 years EPS of Rs 1.94, the PE ratio is 17x. A Team with enough knowledge of ipo industry and stock market. You have entered an incorrect email address! Mrs. Bectors Food IPO Subscription Numbers & Status - Should you subscribe? Equitas Small Finance Bank aka ESFB IPO has begun and this Rs. 1) On the upper price band of Rs 33 and EPS of Rs 2.39 for FY20, the P/E ratio works out to be 13.8x. Equitas Small Finance Bank on Thursday fixed the price band for its over Rs 500 crore initial public offering (IPO) at Rs 32-Rs 33 per equity share. As of 31 March 2019, it had the largest network of banking outlets among all SFBs in India. The IPO page of Equitas Small Finance Bank Ltd. captures the details on its Issue Open Date, Issue Close Date, Listing Date, Face Value, Price band, Issue Size, Issue Type, and Listing Date's Open Price, High Price, Low Price, Close price and Volume. Equitas Holdings Limited is the promoter of the company. Investors who hold EHL shares on October 11, 2020, are eligible to apply under the shareholder’s category of Equitas Small Finance Bank IPO. Gachibowli, Nanakramguda, Equitas Small Finance Bank IPO to raise Rs.532 crores. Equitas Small Finance Bank IPO allotment date is, Equitas Small Finance Bank IPO listing date is, Equitas Small Finance Bank IPO Date, Review, Price Band, Form & Market Lot Details, Mrs. Bectors Food IPO Date, Review, Price Band, Form & Market Lot Details, Mrs. Bectors Food IPO GMP Today, Mrs. Bectors Food IPO Grey Market Premium Updates, Antony Waste IPO Date, Review, Price Band, Form & Market Lot Details, IRFC IPO Date, Review, Price Band, Form & Market Lot Details. On the liability side, it offers current accounts, salary accounts, savings accounts, and a variety of deposit accounts. The company provides microfinance loans promoting financial inclusion, housing finance, vehicle finance, and MSE finance. The revenues was reported around 1787 crores in 2018 while net income was around 31 crore. Through its unbiased approach of dissecting the prevalent challenges and finding ways for small investors to make money in the market, IPO Central aims to help individual investors in starting their stock market journey in a surefooted way. StockAxis Review – Subscription fees, Services, Trial, Complaints, Equitas SFB IPO GMP Today, Check Daily Movement, 7 common IPO mistakes and how to avoid them, All-time largest IPOs in India at a glance, Understanding employee and shareholder reservation in IPOs, 72,000,000 shares (INR230.4 – 237.6 crore). About Equitas Small Finance Bank Ltd IPO. At the upper end of the price band of ₹32-33 per share, Equitas Small Finance Bank is valued at 1.2 times book value (as of June 2020, post issue). i want to purchase this ipo please let me know the payment procedure. Equitas small finance bank (ESFB) is the subsidiary of Equitas Holding Ltd. Equitas Small Finance Bank IPO Price Band The initial public offer (IPO) of Equitas Small Finance Bank (ESFB) is expected to be launched on October 20, 2020. Save my name, email, and website in this browser for the next time I comment. Equitas Small Finance Bank is coming out with an IPO on October 20, 2020. Equitas Small Finance Bank IPO allotment status is now available on KFin Technologies’ website. Issue Size: 15,20,00,000 Shares (Rs 532 crore) The bank offers a range of banking products and services to customers with a focus on serving the financially unserved and underserved customer segments in India. Equitas Small Finance Bank is the subsidiary of Equitas Holdings and it is finally launching its IPO on Oct. 20. Equitas Small Finance Bank aka ESFB IPO will hit the market on 20 October 2020. The headquarter is based in Chennai. Equitas Small Finance Bank began trading on the stock exchanges at Rs 31 per share, soon after opening the stock price improved only to fall further after the initial few minutes of trade. Brokerage-free IPO Investing with India's #1 Broker. Equitas small finance bank is the largest SFB in India in terms of highest number of banking outlets and the second largest SFB in terms of assets under management and total deposits. Here is what you should know about Angel Broking IPO, Goblin IPO Review: Growth play at value prices. The Company was incorporated in 1993 at Madras, Tamil Nadu and is now coming up with an IPO amounting to … Equitas Small Finance Bank aka ESFB IPO to hit the market on 22 October as per the speculations. The Equitas Small Finance Bank was established in 2007 founded by Equitas. Indian capital market has seen a quantum jump in terms of turnover, market participants as well as regulations over the last couple of decades. 520 Crore IPO is expected to give some decent returns to the investors. The group started operations in 2007 as an NBFC providing microfinance loans and gradually started providing housing finance, vehicle finance and MSE finance. And now. Email: [email protected] Earnings Per Share (EPS) = Rs 2.39 PE Ratio = 13.80 (Approx). IPO Price: Rs 34 – 35 per equity share In a fixed price IPO offer, Equitas is launching its shares in the price band of Rs 34-35 apiece. Face Value = Rs 10. In our time as a micro finance company, we silently went about enabling livelihoods and elevating lives. If the branch is in metro then the customer is required to maintain an amo Whereas the grey market premium is very flat and every investor is confused, whether to apply or ignore this ESFB IPO. Equitas Small Finance Bank - Internal Code Of Conduct For Prevention Of Insider Trading And Code Of Conduct For Fair Disclosure Of Unpublished Price Sensitive Information 06:23 PM … Equitas Small Finance Bank will make a market debut on October 20. Hyderabad – 500 032, Telangana The issue is priced at ₹32 to ₹33 per equity share. Disclaimer: No content on this website should be treated as investment advice. Issue size. Oct 20, 2020 - Oct 22, 2022. Mumbai, Oct 15 (PTI) Equitas Small Finance Bank on Thursday fixed the price band for its over Rs 500 crore initial public offering (IPO) at Rs 32-Rs 33 per equity share. The IPO consists of a fresh issue aggregating up to Rs 280 crore and an offer for sale of up to 7.2 crore equity shares by Equitas Holdings Limited, the holding company of the bank. Emkay Global Financial Services recommended investors to subscribe to the IPO. Equitas Small Finance Bank IPO to hit the market on 20 October 2020 and closes on 22 October 2020.As per the GMP came down from 10-15 level to 2-3 it shows the less interest in grey market but still the things will be settle on the last day. You can apply Equitas Small Finance Bank IPO via ASBA online via your bank account. Gensol IPO Review: Should you invest in this solar play? As of 30 September 2019, its distribution network comprised 853 banking outlets and 322 ATMs across 15 states and union territories in India. Equitas Holdings (EHL) Shareholders Reservation in IPO. equity shares of the face value of ₹10 aggregating up to ₹517.60 Crores. Issue details So far all the public issues have been oversubscribed by retail investors. Equitas Small Finance Bank's Rs 517.6 crore initial public offer (IPO) will opens for bidding on Tuesday i.e. The brokerage said it has a ‘buy’ rating on the holding company Equitas Holdings Ltd with target price of Rs 64 for its superior asset diversification, reasonable liability profile, better management pedigree, healthy return ratios and reasonable valuations. The IPO will remain open for three days, from October 20 till October 22. However, little has gone towards bolstering participation of retail investors in the market. 517.60 Crore Please contact your adviser before making an investment. 4th Floor, Phase II, Spencer Plaza  Email:[email protected] Check out the Equitas Small Finance Bank IPO date, price band, and market lot details. Equitas Bank’s financial performance (in INR crore), KFin Technologies Private Limited Selenium Tower B, Plot 31-32, Equitas Small Finance Bank, the subsidiary of Equitas Holdings, has fixed the price band for its forthcoming initial public offering (IPO) at Rs 32-33 per share. The minimum order quantity is 450 Shares. No. **** Equitas Small Finance Bank IPO Details **** IPO Date: 20 OCT 2020 – 22 OCT 2020 IPO Price: Rs 34 – 35 per equity share Issue Size: 15,20,00,000 Shares (Rs 532 crore) Face Value: Rs 10 per equity share Market Lot: 428 Shares Listing At: BSE, NSE Listing At: BSE, NSE, I want to one lot of equitas small finance bank. Equitas Small Finance Bank (ESFB) is one of the largest small finance banks in India. The IPO indicative price is ₹ 32-33 per share which values the lender at ₹ 3800 crore post issue, according to analysts at Emkay Global Financial. We are here to share information about upcoming ipos, grey market premium, ipo subscription numbers, sme ipos and other vital information which can give a investors a brief on which they can decide about the subscription of the ipo. Equitas Small Finance Bank (SFB) was the largest SFB in India in terms of number of banking outlets, and the second largest SFB in India in terms of assets under management and total deposits in Fiscal 2019. The price … October 20. Equitas Small Finance Bank IPO Dates. The investors' portion for QIB-50%, NII-15%, and Retail-35%. The IPO opens on Oct 20, 2020, and closes on Oct 22, 2020. Equitas Small Finance Bank, will be the ninth IPO to enter the primary market in recent months. Click on this link to get allotment status. Equitas Small Finance Bank IPO Valuations. The headquarter is based in Chennai. DRS Dilip Roadlines IPO Review: Should you invest? Equitas Small Finance Bank, the subsidiary of Equitas Holdings, has fixed the price band at Rs 32-33 per shares for its forthcoming initial public offering.. Deccan Healthcare IPO Review: Should you invest? RailTel IPO Date, Review, Price Band, Form & Market Lot Details, Burger King IPO GMP Today, Burger King IPO Grey Market Premium Updates, Burger King IPO Date, Review, Price Band, Form & Market Lot Details, Burger King IPO Listing on 14th December on NSE and BSE, IRFC IPO GMP Today, IRFC IPO Grey Market Premium Updates. Equitas Bank IPO Review: Fortune at bottom of pyramid? The IPO Size is 532 Crore with Offer for Sale of 280 crores and fresh issue 72,000,000 shares. IPO Particulars of Equitas Small Finance Bank Limited: IPO Opens on : 20 Oct 2020 IPO Closes on : 22 Oct 2020 Issue Type: Book Built Issue IPO PUBLIC OFFER OF UP TO 15 EQUITY SHARES OF FACE VALUE OF Rs 10 EACH (“EQUITY SHARES”) OF EQUITAS SMALL FINANCE BANK LIMITED FOR CASH AT A PRICE OF Rs. they are coming up with an IPO at around 33-35 price band. I want to be apply for this need guidance. The Equitas Small Finance Bank was established in 2007 founded by Equitas. You can apply ASBA online via UPI through your stock brokers. Currently, the bank’s asset products include small business loans comprising LAPs, housing loans, and agriculture loans to micro-entrepreneurs, microfinance to JLGs (Joint Liability Groups), used and new commercial vehicle loans to drivers and micro-entrepreneurs typically engaged in logistics, MSE loans to proprietorships, and corporate loans. Equitas Small Finance Bank IPO to raise Rs.517.60 crores. Ahead of the IPO, Equitas Small Finance Bank raised Rs 139.68 crore from anchor investors on 19 October 2020. The IPO consisted of fresh issue of shares amounting to Rs 280 crore and an offer of sale comprised of 7.20 crore shares by the bank's promoter, Equitas Holdings (including anchor portion of 4.23 crore equity shares). Return on Net Worth (RONW) = 8.92% Net Asset Value = Rs 25.92/Share. Phone: +91 40 6716 2222  The Rs 518 crore initial public offer (IPO) of Equitas Small Finance Bank, which was open for bidding between October 20 and 22, was subscribed 1.95 times at close. Equitas Small Finance Bank IPO opens this week: 10 things to know 2 min read. The Average Monthly Balance must be maintained in the Equitas Small Finance Bank depend upon the region. All the content offered on the website is for informational purposes only. Website: www.equitasbank.com, Earnings Per Share (EPS): INR2.39Price/Earnings (PE ratio): 13.39 – 13.81Return on Net Worth (RONW): 8.92% Net Asset Value (NAV): INR25.92 per share, Emkay Global – SubscribeChoice Broking – AvoidQuantum Securities – Subscribe for Long Term SMC Global – 2/5Angel Broking – NeutralKR Choksey – SubscribeICICIdirect – Subscribe. Chennai 600 002, Tamil Nadu Mumbai: Equitas Small Finance Bank’s (SFB) initial public offer (IPO) to raise up to Rs 518 crore will open for subscription on October 20. Kranti Industries IPO Review: Auto profits? You can also apply via your stock brokers by filling up the offline form. Equitas Small Finance Bank IPO to raise Rs.517.60 crores. ESFB is licensed by the RBI under Section 22 of the Banking Regulation Act, 1949 to carry on the business of Small Finance Bank. Get Equitas Small Finance IPO open dates, review, price band, form and market lot details at Groww. 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