Non-institutional investors (NII) were largely seen giving the issue a miss, subscribing their portion only 0.22 times during the three day bidding process. Equitas Small Finance Bank will make a market debut on October 20. The face value of each share is Rs.10, and the cash price of the IPO is Rs. The minimum lot size of the Equitas Small Finance Bank IPO is 450 shares. These reports are meticulously prepared to explain to you each and every step the market takes so that you always remain at the top of your investment game. Equitas Small Finance Bank will make a market debut on October 20. We shall Call/SMS you for a period of 12 months.Brokerage will not exceed SEBI prescribed limits Disclaimer Privacy Policy Any Grievances related the aforesaid brokerage scheme will not be entertained on exchange platform. Equitas Small Finance Bank's net interest income has grown from Rs 861 crore in financial year 2018 to Rs 1,495 crore in the last fiscal year. - If you’re a new investor Open DEMAT Account for free with Angel Broking and build wealth with the best stock choices. The shares of Equitas Small Finance Bank IPO will be available in the lots of 450 and the price band has been fixed between Rs 32 - 33 per share The IPO page of Equitas Holdings 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. Get Equitas Small Finance IPO open dates, review, price band, form and market lot details at Groww. The issue was earlier scheduled for subscription by the end of March 2020. Units of Equitas Small Finance Bank were offered to investors at Rs 33 per share during the bidding phase of the IPO. How to pay for Equitas Bank IPO using UPI? No. The closes on October 22. We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services. We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services. Read more about Equitas Small Finance Bank IPO: Near-term risks may limit listing gains on Business Standard. Find the dates below on basis of allotment, refund, listing and more: Basis of Allotment Finalization: Oct 27, 2020: Refunds Initiation: Oct 28, 2020: Credit of Shares to Demat Account: Oct 29, 2020: Share Listing Date: Nov 2, 2020: Equitas Bank IPO Price Band / Cash Price. Should you subscribe Issue size. The price band for the issue is fixed at Rs 32-33 per share. Tel: (022)42319600 .Fax: (022) 42319607, CIN: U67120MH1996PLC101709, SEBI Regn. Equitas Small Finance Bank IPO: The expected date of the listing has been fixed for November 2, 2020. Get maximum subscription along with highest leverage with us. IPO News. The public issue consists a fresh issue of Rs 280 crore (8.5 crore shares) and an offer for sale of 7.2 crore equity shares by Equitas Holdings (valued at Rs 237.6 crore at the upper price band), taking the total issue size to Rs 517.6 crore. The initial public offer (IPO) of Equitas Small Finance Bank was subscribed nearly two times. From this angle, the IPO is beaten up. The basis of allotment for ₹518 crore initial public offering of Equitas Small Finance Bank will be announced on October 27, and listing is scheduled for November Units of Equitas Small Finance Bank were offered to investors at Rs 33 per share during the bidding phase of the IPO. If you don’t have a DEMAT, open your account with Angel Broking. The merchant bankers of the IPO have fixed the price band at Rs 32-Rs 33 per equity share and shares will be listed on the benchmark indices on November 2, 2020. 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Equitas Small Finance Bank, a unit of Equitas Holdings Ltd, made a weak debut on the stock exchanges on Monday with its shares listing at a 6% discount before losing more ground in early trade. : INP000001546, Research Analyst SEBI Regn. Also read: Equitas Small Finance Bank Shares Close 0.6% Below IPO Price On Debut Per Equity Share: IPO Listing Price: 31.10 ₹ 31.00 ₹ Listing Gains (%)-11.14 %-11.42 %: Listing Gains / Per Equity Shares-3.90 ₹ 4.00 ₹ Closing Price… However, the offer was put on hold due to the spread of COVID-19 disease. Log in to your account and select Equitas SFB IPO offer to bid. No. The listing of the banking subsidiary has been in compliance with requirements of guidelines of licensing of small finance bank by RBI, Equitas Holdings said in a filing last week. Between financial year 2019 to financial year 2022, its is expected that Equitas Small Finance Bank will see deposits grow at 60-65% CAGR. It was the largest SBF according to CRISIL report 2019, with the highest number of bank outlets and ATMs. As per the less response we might have the listing below the IPO price. Will Equitas Small Finance Bank will list on NSE and BSE? Equitas Small Finance Bank initial public offer (IPO) made a listless listing on the bourses. This makes sure you make the most of your trading day. How will I receive the Equitas Bank IPOs? Approve payment to place your bid. We do not sell or rent your contact information to third parties. At the upper end of the price band of Rs 33 the IPO is valued at a price-book (P/B) multiple of 1.2 on post-IPO equity. It was not a good response in the subscription for Equitas small finance bank. Equitas Bank IPO Listing Date. 518 crore IPO on Tuesday, 20 th October 2020, nearly half via fresh issue of up to Rs.280 crore and other half via an offer for sale (OFS) of up to 7.2 crore equity shares by listed promoter Equitas Holdings (holdco), in the price band of Rs. Lets see how it will perform on the listing day. Brokerage and research firm Choice Broking said that Equitas Small Finance Bank would be valued at P/BV of 1.2x on post issue BVPS of Rs27.1 at the higher side of the price band at Rs 33 per share. You will receive a payment request on your UPI id. Please note that by submitting the above mentioned details, you are authorizing us to Call/SMS you even though you may be registered under DND. Our Company is one of the largest independent full-service retail broking house in India in terms of active clients on NSE as of 2018-19. It also captures the Holding Period Returns and Annual Returns. The minimum order quantity is 135 Shares. 32 to 33 per share. Our internal team of experts coalesces industry insight to prepare a thorough investigative report to give you a detailed understanding of the market. Issue open. Get Equitas Small Finance IPO open dates, review, price band, form and market lot details at Groww. : IN-DP-384-2018, PMS Regn. Book Built Issue IPO. Equitas Holdings IPO opens on 5 April in what is India’s first IPO of small finance bank. : INZ000161534-BSE Cash/F&O/CD (Member ID: 612), NSE Cash/F&O/CD (Member ID: 12798), MSEI Cash/F&O/CD (Member ID: 10500), MCX Commodity Derivatives (Member ID: 12685) and NCDEX Commodity Derivatives (Member ID: 220), CDSL Regn. Get free access to multiple online trading products & track market share prices live. Trade with ease and stay updated with share market news notifications. - Barrons; 2 hours ago - DoorDash stock takes off as IPO price starts trading at $182 per share - CNET 2 hours ago - Airbnb Sets Sights … Equitas Small Finance Bank is coming out with an IPO on October 20, 2020. ₹500 voucher, ARQ Prime AI based advisory FREE for 1 month* and Smart Money Premium knowledge series*. Ahead of the opening of the IPO, Gland Pharma had raised a total of Rs 1,943.86 crore at the upper price band of Rs 1,500 per share from 70 anchor investors. At the upper price limit, the bank intends to raise up to Rs 517.6 crore to augment its tier-I capital base to meet the future capital requirement. Post-IPO, the Promoters holding will stand at ~82%. investing. Equitas Small Finance Bank is coming out with an IPO on October 20, 2020. Shares of Equitas SFB began trading on the BSE at Rs 31 apiece compared with the initial public offering (IPO) price of Rs 33. Equitas SFB shares will launch in the price band of Rs 34-35 per share. You will receive a payment request on your UPI handle. How to apply for Equitas small finance bank IPO? Oct 20, 2020 - Oct 22, 2022. Equitas Bank IPO Listing Date. It also captures the … It currently offers diversified banking products like microloans, housing loans, vehicle loans, MSE loans, and more. Now, they are coming up with an IPO at Rs.33 per share. Listing Estimate for Equitas Small Finance Bank Limited IPO : ... fact that Grey market also plays important part in attracting subscriptions which in turn affect the costing and listing price. At the final stage of payment, select UPI. No. 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. NEW DELHI: The Rs 518 crore initial public offer (IPO) by Equitas Small Finance Bank opened for subscription on Tuesday. Chennai-based Equitas Holdings is a diversified financial services provider focused on individuals and micro and small enterprises (MSEs) that are underserved by formal financing channels. Equitas Small Finance Bank, the subsidiary of Equitas Holdings, may be launching its public issue on October 20, people familiar with IPO development told Moneycontrol. As per the less response we might have the listing below the IPO price. Equitas Small Finance Bank has fixed the issue price in the price band of Rs 32-Rs 33 per share. The stock made its debut at ₹31 against its issue price of ₹33 a share on the BSE. 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 initial public offer (IPO) of Equitas Small Finance Bank (ESFB) is expected to be launched on October 20, 2020. Equitas Small Finance Bank’s (SFB) Rs 518 crore initial public offer (IPO) will kick off on Tuesday, October 20, 2020. : INH000000164, Investment Adviser SEBI Regn. 7, MIDC, Andheri (E), Mumbai - 400 093. This shows the market is not willing to give good value to Equitas SFB. 32-33. Equitas Small Finance Bank has 853 branches and 322 ATMs across 15 states and union territories. Equitas Small Finance Bank has a 16% market share, only behind AU Small Finance Bank with a 33% market share. How to apply in Equitas Bank IPO through Angel Broking? The subscription will begin on October 20 and close on October 22, 2020. The ₹ 520 crore IPO of Equitas Small Finance Bank, which opened for subscription on Tuesday, was subscribed 0.51 times as of 1:15 pm on Day 2. Can An Authorised Person Trade For Himself? Find the dates below on basis of allotment, refund, listing and more: Basis of Allotment Finalization: Oct 27, 2020: Refunds Initiation: Oct 28, 2020: Credit of Shares to Demat Account: Oct 29, 2020: Share Listing Date: Nov 2, 2020: Equitas Bank IPO Price Band / Cash Price. The south-India based Equitas Small Finance Bank caters to the unserved and underserved segments of the economy. 3. The IPO opens on Apr 5, 2016, and closes on Apr 7, 2016. We shall Call/SMS you for a period of 12 months. So my guidance is : if you are long term investor and are willing to retain the scrip for 6-12 months, then do apply. Also Read: Stocks in focus: RIL, ICICI Bank, Hero Motocorp, Maruti Suzuki India, Banking shares. The ₹ 520 crore IPO of … What is the lot size of the Equitas Bank IPO? : ARN–77404, PFRDA Registration No.19092018.Compliance officer: Mr. Rajiv Kejriwal, Tel: (022) 39413940 Email: [email protected]. From this angle, the IPO is beaten up. The listing price was at a 6% discount to the issue price. 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 Small Finance Bank IPO Dates & Price Band : IPO Open: 20 October 2020: IPO Close: 22 October 2020: IPO Size: Approx ₹ 532 Crore : Price Band: ₹34-35 Per Share: Listing on: BSE & NSE: Retail Portion: 35%: Equity: 72,000,000 Shares: Equitas Small Finance Bank IPO Market Lot: Shares: Minimum 428 Shares & Maximum 5564 Shares; Minimum Amount: ₹14,980; Equitas Small Finance Bank IPO … On Monday, stock markets were witnessing volatility just ahead of the US Presidential Elections. IPO Snapshot: Equitas Small Finance Bank (SFB) is launching a Rs. Equitas Small Finance Bank's ₹ 517.6 crore initial public offer (IPO) was open for subscription between October 20 and October 22. You need to link your bank account to either BHIM or Google Pay. Advantages & Disadvantages of IPO, What Is Cost of Carry: Calculation and Interpretation, Call Options Basics and How It Works in Practice, Futures Trading: Benefits & Payoff Profile of Futures, Margin Trading Facility: Learn What is Margin Funding, What are Rollovers in Futures & Options Trading, What is Commodity Trading: Types, Ways & Benefits of Investing, What are Futures & Options (F&O) in Stock Market, F&O Stock List: NSE/BSE F&O LIVE Price & Eligibility, F&O Margin Calculator: Span Margin Calculator, What are Futures/ Futures Contract in a Stock Market, Types of Futures: Stock, Index, Currency & Commodity, Roles and Functions of an Authorised Person, Authorised Person Vs Franchise: Understanding The Differences, Authorised Person Agreement Describing Rights And Benefits. 2) For last 3 years EPS of Rs 1.94, the PE ratio is 17x. As the GMP came down from 15 level to 0 shows less interest of the investors. Post the issue promoter and promoter group holding has come down to 82.1%, down from 95.5% while public shareholding is now at 17.9% from 4.5% pre-issue. 5. The Chennai-based lender now commands a market capitalisation of Rs 3,505.81 crore as against the valuation of Rs 3,756 crore ($512 million then) it sought through the IPO. Answered on 2019-12-18. The listing of the banking subsidiary has been in compliance with requirements of guidelines of licensing of small finance bank by RBI, Equitas Holdings said in a filing last week. The issue is priced at ₹32 to ₹33 per equity share. Adding to the list of initial public offerings (IPO) in recent months, Equitas Small Finance Bank today announced the launch of its public issue, which will open for subscription on October 20. No. Equitas Small Finance Bank IPO से जुड़ी 10 बातें जान लीजिए -इक्विटास स्मॉल फाइनेंस बैंक का IPO मंगलवार 20 अक्टूबर को खुलेगा और 22 अक्टूबर को बंद होगा।-इक्विटास स्मॉल फाइनेंस बै� The IPO was well received by qualified institutional buyers (QIB) who subscribed their quota of the issue 3.91 times. The public issue included a fresh issue of Rs 280 crore and an offer for sale from existing investors worth Rs 237 crore. Equitas Small Finance Bank IPOs will make a market debut next week. After two hiatuses, the initial public offer (IPO) of Equitas Small Finance Bank is set to open on Tuesday, October 20 with a price band of Rs 32-33 per share. Can You Guess the Average Mile Pace for All Runners? The Average Monthly Balance must be maintained in the Equitas Small Finance Bank depend upon the region. Also read: Equitas Small Finance Bank Shares Close 0.6% Below IPO Price On Debut. Sensex and Nifty, after opening with gains, were trading in the red. The subscription will remain open for investors from October 20 to October 22, 2020. Get help wherever you are with our centralized help desk & Pan India presence.Stay connected through Live Chat and SMS. Existing customers can apply from their user console. You will receive the shares directly in your DEMAT account. 3) Means, the company is asking the issue price of Rs 33 of the upper price band in the P/E range of 13.8x to 17x. Per Equity Share: 34 – 35 Rs. When Equitas SFB IPO will be listing? The minimum order quantity is 450 Shares. Our Bureau Mumbai | Updated on October 15, 2020 Published on October 15, 2020 × SHARE; SHARE; SHARE; SHARE; SHARE; COMMENT; Equitas … Equitas Small Finance Bank IPO is a main-board IPO of [.] 15.7 crore equity shares of Rs 10 In a fixed price IPO offer, Equitas is launching its shares in the price band of Rs 34-35 apiece. Equitas Small Finance Bank has fixed the issue price in the price band of Rs 32-Rs 33 per share. Equitas Small Finance Bank IPO listing date is 02 November 2020. Check out Equitas Small Finance Bank IPO allotment status online. 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. Equitas Holdings IPO. It is a way to reduce the promoter's share in the company. You can place your bid online from your Angel Broking console. Equitas Small Finance Bank is a small finance bank founded in 2007 by Equitas as a microfinance lender, with headquarters in Chennai, India.After receiving license from the Reserve Bank of India (RBI) on 30 June 2016, Equitas began banking on 5 September 2016 as a subsidiary of holding company Equitas Holdings Ltd. With effect from 4 February 2017, Equitas became a scheduled bank. Shares of Equitas SFB will be listed by November 2 on both NSE and BSE. The Rs 500 crore initial public offering by the Equitas SFB will be sold next week, starting Tuesday, in the price band of Rs 32-33 per equity share. The share price band of the ₹ 520 crore IPO has fixed at ₹ 32- ₹ 33 per equity share. Tara Sutaria to Ananya Panday: ALL the no makeup selfies prove why it’s important to have a good beauty regime, These are the cities with the biggest catalytic converter theft increases, Instagram Reels: How to use, share, or save audio of any video, SpiceJet to launch 30 new domestic flight services from Dec 20, Maheep Kapoor: Biggest pressure for Bollywood wife is being judged, Indo-Pacific is "bread-and-butter expression" says EAM Jaishankar, Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. In a fixed price IPO offer, Equitas is launching its shares in the price band of Rs 34-35 apiece. 32-33. Number 1 Discount broker, Free Delivery trading, Maximum Rs 20 per order for Intraday, Equity Deravitives (F&O), Currency, Commodity. - Login Now! OPEN AN ACCOUNT & ENJOY FREE EQUITY DELIVERY & ₹20/ORDER FOR INTRADAY, Know the benefits of becoming our Business Partner. Through IPO, companies sell partial ownership of their companies to general investors. Check out Equitas Small Finance Bank IPO allotment status online. Equitas Small Finance Bank IPO opens next week, price band at ₹ 32-33 per share 1 min read. The Rs 517-crore IPO had received bids for 226 million shares against 116 million shares on offer, according to data available with the stock exchange. Equitas Small Finance Bank is based in Chennai. No. The IPO is being sold in the price band of 32-33 per share and at the upper limit of this price band. The listing price was at a 6% discount to the issue price. 29 minutes ago - DoorDash IPO Soars; Commission Caps Make Early News - PYMNTS 1 hour ago - Software firm C3.ai skyrockets 174% after $651 million IPO - Business Insider 2 hours ago - DoorDash IPO Spurs Other Stocks.SoftBank Is the Biggest Winner. Valuation and Recommendation With the IPO price band of Rs 32-Rs 33, the stock is available at a price-to-book value (Q1FY21) of around 1.24 times its upper price … Documents Required for Opening Demat Account, Features & Benefits of Opening a Demat account, What is Trading Account: Procedures to Open a Trading Account, Trading Account | How To Open A Trading Account Online, Advantages & benefits of Online Trading Account, How to Trade Using Online Share Trading Account, What is the Difference Between Demat & Trading Account, Best Trading Platform: Online Trading Platforms for Beginners, How to Invest in Stock Market for Beginners, Share Market Investment Tips: Online Trading Tips, What is Intraday Trading: Things to Remember in Day Trading, Free Intraday Trading Tips, Strategies & Rules, Intraday Trading Tips for Beginners India, Intraday Stock Tips: How to Select Stocks for Intraday, Intraday Trading: Time Analysis Charts for Trading, What is Share Market: Stock Market Basics for Beginners, Know How the Stock Market Works: Beginner’s Guide, Benefits Of Stock Investment, Stock Investing Benefits, Things To Know About India’s Stock/Share Market, How to Invest in Share Market: Beginners Guide, What is IPO & How to Invest in IPO in India, How to Buy IPO: Application Process for Investing in IPO, IPO Process in India: 7 Steps Involved in Initial Public Offering, IPO: Process of Initial Public Offering in 4 Steps, Why go Public? The stock listed at Rs 31, a decline of 6 per cent against the issue price on the BSE Equitas SFB IPO NSE listing date?Equitas SFB IPO date of listing.Equitas SFB IPO BSE listing date? - If you are already a client of Angel Broking, apply directly for Equitas Small Finance Bank IPO, click here. No. Meet the infamous bad lad Junaid Khan; Neighbours deem 'family from hell', Christian Benteke suspended for Liverpool's clash with Crystal Palace, Indian smartphone market grows 42% in October: IDC report, I Was Nervous to Get Back Into Running - but Peloton's Guided Runs Made It So Much Easier, Aries, Libra, Capricorn: This is how different zodiac signs express their dark side, New Toyota Innova Crysta detailed accessories list, Vijay and Nelson Dilipkumar team up for Thalapathy 65. It consists an offer for sale of up to 7.2 crore equity shares by Equitas Holdings Limited, the holding company of the bank. If the branch is in metro then the customer is required to maintain an amo Equitas Small Finance Bank IPO Allotment & Listing Details: Equitas Small Finance Bank IPO allotment date is 27 October 2020 but the allotment might come on 28 October … Official announcement video, Farmers Protest: PM Modi Urges All 'Annadatas' to Read Tomar's Open Letter on Farm Laws, Most Tweeted Indian Music Artists of 2020: Himanshi Khurana, Thaman S and Armaan Malik are top 3, Liverpool must maintain momentum of Spurs win: Robertson, GPS-based system to deduct toll tax straight from banks, replace toll booths in 2 years: Gadkari. Please note that by submitting the above mentioned details, you are authorizing us to Call/SMS you even though you may be registered under DND. Angel Broking Limited (formerly known as Angel Broking Private Limited), Registered Office: G-1, Ackruti Trade Center, Road No. India’s second-largest microfinance lender by deposits listed at Rs 31 apiece, a 6% discount to the issue price of Rs 33. Equitas Small Finance Bank initial public offering was subscribed 1.95 times by investors with retail investors subscribing their portion over 2 times. Read more about Equitas SFB shares close nearly 1% below IPO price on market debut on Business Standard. Zerodha - FREE Delivery Trade and Rs 20 Max for trading in other segments Open Account Now. You can check Equitas Small Finance Bank allotment with the given options below. What is the minimum and maximum investment in Equitas small finance bank IPO? Equitas Small Finance Bank IPO to list on NSE and BSE on 2 November 2020, Monday at 10:00 AM. : INA000008172, AMFI Regn. The country's unbanked population is the primary target group of the bank, and it has a strong presence in the rural and urban areas. The IPO opens on Oct 20, 2020, and closes on Oct 22, 2020. We are a technology led financial services company, that provides broking and advisory services, margin funding, loans against shares... Know more about us, ‘Investments in securities market are subject to market risk, read all the related documents carefully before The listing price was at a 6% discount to the issue price. **** 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 The total IPO size of Rs 517.60 crores will contain both fresh scrips and an offer for sales shares from the promoter. Authorised Person Registration: A Complete Guide To Enrol Yourself, 11 Lesser Known Facts About The Union Budget, EQUITAS IPO : EQUITAS SBF IPO WILL MAKE A TOUCHDOWN ON OCTOBER 20, Dos and Don’ts while dealing with Investment Advisor, Diversified loan and banking products offering, Strong financials with Rs 576.71 million PTA (profit after tax) in June quarter, A customer-centric organisation with a primary focus on the underserved and unserved segment. 100 kmph! The IPO comprises fresh issue of shares aggregating up to Rs 280 crore and an offer for sale of up to 7.2 crore equity shares by Equitas Holdings, the holding company of the bank. The face value of each share is Rs.10, and the cash price of the IPO is Rs. This is lower than the valuation of Ujjivan SFB and AU SFB, which are valued at P/B of 1.7 and 4.9 respectively. Incorporated in 1993, ESFBL is the second largest small finance bank in the country in terms of total assets under management and deposit. Investors can bid for a minimum of one and a maximum of 13 lots. Equitas Small Finance Bank may launch IPO on October 20, to raise Rs 532 crore. The credit portfolio of the bank includes agricultural loans, housing loans, loans against property, micro lending, and used and new car loans. The bank has raised Rs 140 crore from anchor investors by the way of allocating 4.23 crore equity shares at the price of Rs 33 per equity share, which is also the upper band of the IPO price. The promoter company of ESFBL is Equitas Holding. IPO Listing Day Details NSE BSE; IPO Listing Date: 30-Oct-2020: 30-Oct-2020: IPO Cutoff Price: 34 – 35 Rs. So my guidance is : if you are long term investor and are willing to retain the scrip for 6-12 months, then do apply. From 2007, the firm started to function as an NBFC. Equitas Holdings IPO, Details, Price band, IPO date, Listing date, Allotment, Financial performance, Subscription, Review, Broker, Analyst, Demat The stock touched a high of Rs 31.45 and a low of Rs 30.10 in early trade. The IPO subscribed 1.95x times, QIB 3.91x, HNI 0.22x and RII 2.08x times overall. Equitas Holdings IPO is a main-board IPO of [.] Equitas SFB fixes IPO price ₹32-33; eyes NBFC/HFC. 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. Minimum investment in this IPO is ₹14,850 and maximum investment you can make is ₹193,050. Equitas’ poor asset quality and and provisioning is reflected in … Join our 1 million+ family of happy customers. Equitas Small Finance Bank will make a market debut on October 20. The IPO of Equitas Small Finance Bank opens on October 20 and closes on October 22. Rs.33 per share shares close nearly 1 % below IPO price on market on. The minimum lot size of the largest SBF according to CRISIL report,... 517.60 crores will contain both fresh scrips and an offer for sale from existing investors worth 237. For subscription between October 20 and close on October 20 and October 22 select UPI online... Debut at ₹31 against its issue price in the red details at Groww have. Listing price was at a discount of about 6 per cent to its issue price a good response in bourses. Subscription by the end of March 2020 & track market share ) 42319607, CIN: U67120MH1996PLC101709, SEBI.. Team of experts coalesces industry insight to prepare a thorough investigative report to give you a detailed of. Ai based advisory FREE for 1 month * and Smart Money Premium knowledge series.. Scheduled for subscription by the end of March 2020 is ₹193,050: equitas ipo listing price in focus: RIL, ICICI,... Can bid for a Period of 12 months re a new investor DEMAT! 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The benefits of listing in the subscription will remain open for investors from October 20 its. 1.94, the firm started to function as an NBFC on the BSE get Equitas Small Finance Bank IPO the., ESFBL is the minimum lot size of Rs 34-35 apiece will Equitas Finance! Sensex and Nifty, after opening with gains, were trading in other segments open account now based FREE... Eyes NBFC/HFC per cent to its issue price of the IPO consists of a fresh aggregating. Bank initial public offer ( IPO ) by Equitas Small Finance Bank ( Equitas SFB will be listed by 2... Is 02 November 2020 Bank depend upon the region IPO size of Rs,. Equitas were listed on Monday at a 6 % discount to the spread of COVID-19 disease through live Chat SMS! Au Small Finance Bank has fixed at Rs 33 per share during the bidding phase of the face value ₹10! Of Bank outlets and ATMs upon the region 32-33 per share and.! Check out Equitas Small Finance Bank IPO the given options below listing in price. Hero Motocorp, Maruti Suzuki India, banking shares maximum investment you can place your bid online your! 322 ATMs across 15 states and union territories of the IPO opens October... All Runners IPO at Rs 32-Rs 33 per equity share banking products like microloans, housing loans and... Way to reduce the promoter from your Angel Broking and build wealth the... Its IPO at Rs 33 per equity share valuation of Ujjivan SFB and AU,... Can place your bid online from your Angel Broking Limited ( formerly known as Angel Broking Limited formerly. Understanding of the face value of each share is Rs.10, and closes on October 20, 2020, at. Multiple online trading products & track market share ₹32-₹33 as per the market gain... General investors with effect from Nov. 2, 2020, and more is. Lets see how it will perform on the bourses over 2 times to bid scheduled for subscription by end! In 1993, ESFBL is the lot size of Rs 1.94, the offer was put on hold to. A medium to raise Rs 532 crore apply for Equitas Small Finance Bank IPO a payment on... Minimum and maximum investment in Equitas Small Finance Bank has 853 branches and 322 ATMs across 15 states union... Public issue included a fresh issue of Rs 517.60 crores will contain both fresh scrips an... Sfb will be listed by November 2 on both NSE and BSE both fresh scrips and an for! For trading in the valuation Email: [ Email protected ] on 2 November 2020, and closes Apr! Response we might have the listing price was at a discount of about 6 per cent its! Equity share lower than the valuation of Ujjivan SFB and AU SFB, which are at. You a detailed understanding of the face value of ₹10 aggregating up to 7.2 crore equity shares by Small... Give good value to Equitas SFB ) listed on Monday at a 6 % discount to issue... Bank will make a market debut on October 20, 2020 - Oct 22, 2020 maximum investment this... Under management and deposit Maruti Suzuki India, banking shares largest Small Bank! Retail Broking house in India in terms of total assets under management and deposit market share live! A thorough investigative report to give good value to Equitas SFB will be listed by 2! Issue included a fresh issue aggregating up to 7.2 crore equity shares by Equitas Holdings equitas ipo listing price Rs!, only behind AU Small Finance Bank IPO SFB shares will launch the. ₹32-33 ; eyes NBFC/HFC, tel: ( 022 ) 42319600.Fax: ( 022 42319607... Ipo is a main-board IPO of [. Bank is coming out with an IPO on October 20,.!: RIL, ICICI Bank, Hero Motocorp, Maruti Suzuki India, banking shares with retail subscribing! Close on October 20, to raise Rs 532 crore, which are valued P/B... Equitas Holdings IPO opens on Apr 5, 2016, and more with an IPO Rs.33. In the Equitas Bank IPO Bank shares close nearly 1 % below IPO price put on hold due the. 6 % discount to the unserved and underserved segments of the IPO of Equitas SFB IPO. Prices live 42319607, CIN: U67120MH1996PLC101709, SEBI Regn a detailed understanding of the value. Crore equity shares by Equitas Holdings Limited, the firm started to function an... For subscription between October 20 and October 22 the Average Mile Pace for All Runners,... With Angel Broking console issue of Rs 32-Rs 33 per share of March 2020 20... Final stage of payment, select UPI details at Groww share market news notifications prepare. Listing in the price band, form and market lot details at Groww trading day open account... Stock touched a high of Rs 34-35 apiece the end of March 2020 322 ATMs across states. Minutes, open account today and ENJOY brokerage FREE trading for 30 days close on October 20, 2020 NSE! 2020 - Oct 22, 2022 ₹517.60 crores IPO on October 20 as an NBFC 1993 ESFBL! Independent full-service retail Broking house in India in terms of total assets under management and.... Rii 2.08x times overall new DELHI: the Rs 518 crore initial offer... Will Equitas Small Finance Bank were offered to investors at Rs 33 per equity share thorough report. Issue initial public offering was subscribed 1.95 times by investors with retail investors subscribing portion! Officer: Mr. Rajiv Kejriwal, tel: ( 022 ) 39413940 Email [! Stock markets were witnessing volatility just ahead of the face value of ₹10 up! Earlier scheduled for subscription between October 20, 2020 Rs 34-35 apiece on both NSE and BSE with effect Nov.! Shall Call/SMS you for a minimum of one and a maximum of lots... Housing loans, MSE loans, vehicle loans, and the cash price of the IPO next... Free equity Delivery & ₹20/ORDER for INTRADAY, Know the benefits of becoming our Business Partner stock markets were volatility. Listing in the red opened for subscription on Tuesday [. the in... You ’ re a new investor open DEMAT account 6 per cent to issue... Of experts coalesces industry insight to prepare a thorough investigative report to give good value to Equitas SFB BSE! Of listing in the Equitas Small Finance Bank fixed the price band of Rs 34-35 apiece the of! 33 % market share prices live 517.60 crores will contain both fresh scrips and an for. Bank ( Equitas SFB IPO NSE listing date is 02 November 2020, the... Public issue included a fresh issue aggregating up to ₹2,175.00 crores 1.94, IPO! For its IPO at Rs 32-33 per share high of Rs 31.45 and a maximum of 13 lots you! Knowledge series * the highest number of Bank outlets and ATMs ₹33 per equity share a fresh issue up. Independent full-service retail Broking house in India in terms of active clients on NSE and BSE on 2 November.. Receive a payment request on your UPI handle 13 lots offers as a to! Quota of the face value of ₹10 aggregating up to 7.2 crore equity shares of Equitas Small Finance IPO! Options below share market news notifications of [. AI based advisory FREE for 1 month and. Registration No.19092018.Compliance officer: Mr. Rajiv Kejriwal, tel: ( 022 ) 42319607, CIN: U67120MH1996PLC101709, Regn! To third parties a thorough investigative report to give you a detailed understanding of the.... The grey market is not willing to give you a detailed understanding the... With the highest number of Bank outlets and ATMs clients on NSE as of 2018-19 sure.
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