ESAF Small Finance Bank IPO subscribed 73
时间:2024-06-26 14:00:50 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:Stock market today- Wall Street edges higher to edge of a new bull market
下一篇:Year Ender 2023 - Indian Railways- Measures taken to improve safety in train operations
猜你喜欢
- Budget 2024- Extend all MSME benefits to retail traders, urges retailers’ body RAI
- Spot USDINR makes second weekly gain in a row; all eyes on RBI monetary policy
- Year ender 2023- From Generative to Predictive, many faces of AI
- Stocks To Watch- Infosys, IOC, Titan, Tata Steel, JK Cement, Dabur, Suzlon, Ujjivan Small Finance Bank
- Bombay Dyeing to challenge order
- Bitcoin price may hit $60,000 this quarter – 5 reasons why
- BSE, NSE remove 3 Adani Group stocks from ASM framework from today
- Stock market today- Wall Street edges higher to edge of a new bull market
- BSE adds 1 crore investors in 148 days to reach 12 crore-mark