ESAF Small Finance Bank IPO subscribed 73
时间:2024-06-26 09:24:53 阅读(143)
The Initial Public Offering (IPO) of ESAF Small Finance Bank was subscribed 73.15 times on the last day of subscription on Tuesday.
The Rs 463-crore initial share sale received bids for 4,22,28,99,750 shares against 5,77,28,408 shares on offer, as per NSE data.
The retail individual investors part received 16.97 times subscription. The public offer had a fresh issue aggregating up to Rs 390.7 crore and offer for sale of up to Rs 72.3 crore.
The initial share sale had a price range of Rs 57-60 a share.
Those selling shares in the OFS were promoter ESAF Financial Holdings Pvt Ltd, and other shareholders — PNB MetLife India Insurance Company Ltd and Bajaj Allianz Life Insurance Company Ltd.
ESAF Small Finance Bank said it has collected Rs 135 crore from anchor investors. Proceeds of the fresh issue will be utilised to augment the bank’s Tier-1 capital base.
ESAF Small Finance Bank is one of the leading small finance banks in India in terms of client base size, yield on advances, net interest margin, assets under management, Compound Annual Growth Rate (CAGR), total deposit CAGR, loan portfolio concentration in rural and semi-urban areas and ratio of micro loan advances to gross advances.
ICICI Securities, DAM Capital Advisors and Nuvama Wealth Management were the managers to the offer.
The equity shares of the bank will be listed on the BSE and the NSE.
上一篇:Macrotech Developers rating – Buy- Best ever pre-sales for June quarter
下一篇:World stocks hit five-week peak, as dollar continues retreat
猜你喜欢
- Buy these 4 stocks for gains, charts show bullish trend in near-term; Nifty below 15700 may fall to 15600
- Low-weight jewellery sales up
- CASE Construction partners IIT Indore to set-up Centre of Excellence
- Markets are getting heavy- So where do we go from here-
- Charts suggest bulls in control but global cues remain weak; 5 things to know before opening bell
- Will the US Fed’s hawkish tone, rate hike threat stop Sensex, Nifty rally; experts weigh bonds-stocks tradeoff
- Zepto on track for $1 billion run rate in annual sales value
- Zaggle Prepaid Ocean, Zomato and Century Plyboards among Mehta’s top stock recommendations
- Cipla Rating- Neutral - Making a difference with its efforts