Equitas Small Finance Bank IPO Subject To Sauda Rates. Units of Equitas Small Finance Bank were offered to investors at Rs 33 per share during the bidding phase of the IPO. Group-wise listing IPO | Top IPOs Recent IPOs | IPO News Similar Price band Most traded - By volumes Top 100 - By market capitalisation Latest Company Results Management Speaks Market News: Top … New Delhi: Equitas Small Finance Bank (SFB) has launched an initial public offer (IPO) to raise Rs 280 crore through fresh issue of shares to boost its tier-I capital.Besides, its promoter Equitas … (Source: CRISIL Report). Equitas small finance bank is the largest SFB in India in terms of highest number of banking … Open Angel Broking Account with Us and get exclusive bonuses! 52 per share. Equitas Holdings Limited is the promoter of the company. The GMP is going down from 10 to 3 and the subscription numbers also not looks convincing for the investors. The … About Equitas Small Finance Bank Ltd IPO. The ₹ 520 crore IPO of Equitas Small Finance … (iii) The loan book includes the loans to small business loans comprising LAPs, housing loans, and agriculture loans to micro-entrepreneurs, microfinance to JLGs predominantly comprising women, used, and new commercial vehicle loans to drivers and micro-entrepreneurs typically engaged in logistics, MSE loans to proprietorships, and corporate loans. The issue is priced at ₹109 to ₹110 per equity share. Most probably it will. 2. Equitas Small Finance Bank is a New Age Bank that gives children, youth, families and business people across India a new way to bank. The listing price was at a 6% discount to the issue price. Equitas Small Finance Bank IPO Price Band. Shares: Minimum 428 Shares & Maximum 5564 Shares; Minimum Amount: ₹14,980 Equitas Small Finance Bank IPO Allotment & Listing:. Equitas Small Finance Bank IPO Market Lot:. 3. Ujjivan Small Finance Bank is the peer of the Equitas. This shows the market is not willing to give more value to the financial companies post COVID-19. As per RBI regulations, they have to reduce it to 40% before Sept-2021. If someone is looking for a long term holding then I’m not sure … may be better to buy in open market after listing, It will. It has a bit downfall in the subject to price. 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. This shows the market is not willing to give good value to Equitas SFB. Equitas Holdings Limited is the promoter of the company. At the upper price limit, the … Equitas Small Finance Bank IPO subscribed 1.95x times, QIB 3.91x, HNI 0.22x and RII 2.08x times overall. D/E is very high for Equitas Small Finance Bank. At Market wizard. EHL Shareholder Reservation Portion of up to Equity Shares aggregating up to ₹51 Crores. equity shares of the face value of ₹10 aggregating up to ₹2,175.00 Crores. Equitas Small Finance Bank का IPO इस हफ्ते खुलेगा, निवेश से पहले ये 10 बातें जान लीजिए. The listing gain of Rs.2-3 is possible. He has extensive experience in the financial services sector and had served as the executive vice president and head of consumer banking group in Development Credit Bank Limited, for more than one and a half years. 1. 2.Equitas Small Finance bank has raised money in the Pre-IPO round at Rs. (ii) Vasudevan Pathangi Narasimhan is the MD and CEO of the Bank. 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 … It has a bit downfall in the subject to price. He holds a bachelor’s degree in science (physics) from the University of Madras. Shares of Equitas Small Finance Bank are expected to get listed on November 2 The share price band has fixed at ₹ 32- ₹ 33 per equity share. List at discount Now, they are coming up with an IPO at Rs.33 per share. The Kostak Price of Equitas Small Finance Bank IPO is ₹0. Shares: Minimum 428 Shares & Maximum 5564 Shares; Minimum Amount: ₹14,980 Equitas Small Finance Bank IPO Allotment & Listing:. The minimum order quantity is … Fresh Issue = 280 Crores. Equitas Small Finance Bank IPO Valuations. We will update you soon if there is any hike in the price. **** Equitas Small Finance Bank IPO Details **** IPO Date: 20 OCT 2020 – 22 OCT 2020 IPO Price: Rs Let’s have a detailed review of the company and analytics of the Equitas Bank IPO release date, IPO offer price, subscription, Equitas Small Finance Bank Limited IPO allotment, grey market price … EQUITAS SMALL FINANCE Bank IPO Details Issue open Oct 20, 2020 - Oct 22, 2022 Issue type Book Built Issue IPO Issue size 15.7 crore equity shares of Rs 10 (aggregating up to Rs 517.68 … equity shares of the face value of ₹10 aggregating up to ₹517.60 Crores. So, in near terms, no upside will be seen in stock price. Basis of Allotment: 27 October 2020 Refunds: 28 October 2020 Credit to Demat accounts: 29 October 2020 Listing… Equitas Holdings IPO is a main-board IPO of [.] 18 अक्तूबर 2020, 02:29 PM equity shares of the face value of ₹10 aggregating up to ₹2,175.00 Crores. The Equitas Small Finance Bank shares listed at ₹31, which is at a 6% discount to the IPO price band set at ₹32-33 per share. Equitas Small Finance Bank is the subsidiary of Equitas Holdings and it is finally launching its IPO on Oct. 20. The company in consultation with merchant bankers might have fixed a price band at Rs 34-35 per share. This shows the market is not willing to give good value to … The Kostak Price of Equitas Small Finance Bank IPO is ₹0. He holds a bachelor’s degree in science from the University of Madras, a master’s degree in nuclear physics from Andhra University, a master’s degree in business administration from the University of Madras, and a master’s of philosophy degree in economics and politics of development from the University of Cambridge. RBI had mandated as part of a licence to Equitas to run a small finance bank that it should list … EQUITAS SMALL FINANCE IPO ALLOTMENT NOW AVAILABLE ON ABOVE SITE, No It means approximately 1.5454545 Crores shares are reserved for shareholders’ quota. Equitas Small Finance Bank is the subsidiary of Equitas Holdings and it is finally launching its IPO on Oct. 20. Equitas Small Finance Bank, the wholly-owned subsidiary of Equitas Holdings, will list on bourses on November 2, with the company fixing the issue price at Rs 33 per share.. Face Value = Rs 10. Equitas Small Finance Bank IPO listing date is. Should I retain it for 2-3 months or sell on 2nd November 2020 I.e. (i) They were the largest SFB in India in terms of a number of banking outlets, and the second-largest SFB in India in terms of assets under management and total deposits in Fiscal 2019. Check out Equitas Small Finance Bank IPO … So for long term Allotment in shareholder quota will have more chances of allotment…, https://d2un9pqbzgw43g.cloudfront.net/main/download-17.png, https://twitter.com/ZoneInvestor/status/1314864394371694600?s=19, https://twitter.com/ZoneInvestor/status/1314888015425138690?s=19. As per the less response we might have the listing below the IPO price. Not worth the risk…bcz the chances of listing in discount is higher.. Applied 1 (RII)+1 (SH)Lot in two PAN. What will be Equitas Small Finance Bank IPO Listing Price The IPO might list at ₹32-₹33 as per the market speculations. Allotted 1+1 Lot. The total market cap of ESFB rose to ₹3,443.21 crore at 10:05 am. CHENNAI: Equitas Holdings, the holding company of Equitas Small Finance Bank, said it was confident of listing the small finance bank in the stock exchanges by March 2020, according to a note from the company in the quarterly results press statement. (iv) To get the money for the business they target customers comprise of mass and mass-affluent individuals to whom they offer current accounts, salary accounts, savings accounts, and a variety of deposit accounts. 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 Nov 18, 2020 We will update you soon if there is any hike in the price. Challenges in the listed space … Let’s have a detailed review of the company and analytics of the Equitas Bank IPO release date, IPO offer price, subscription, Equitas Small Finance Bank Limited IPO allotment, grey market price … OFS = 72,00,00,00 Shares Return on Net Worth (RONW) = 8.92% Net Asset Value = Rs 25.92/Share. Equitas Holdings (EHL) Shareholders Reservation in IPO. Now, they are coming up with an IPO at Rs.33 per share. In our time as a micro finance … The company in consultation with merchant bankers might have fixed a price band at Rs 34-35 per share. The issue is priced at ₹109 to ₹110 per equity share. Equitas Small Finance Bank IPO Lot Size Minimum and … Lets see how it will perform on listing day. Investors who hold EHL shares on October 11, 2020, are eligible to apply under the shareholder’s category of Equitas Small Finance Bank IPO… 52 per share. Post-IPO, the Promoters holding will stand at ~82%. on the date of listing, I don’t think it gives you profit in nxt 2-3 mnths, But its goes down u can average your price in evry dip. You can check Equitas Small Finance … Check out Equitas Small Finance Bank IPO allotment status online. The shares opened at Rs 31, lower by 6.06 per cent on the BSE and at Rs 31.10, lower by 5.76 … Equitas Small Finance Bank, the largest Small Finance Bank (SFB) in India in terms of the number of outlets and the second-largest in terms of total deposits and assets under management. It is at 6.18% as on 30.06.2020. Equitas Small Finance Bank has recently done Pre-IPO Placement at Rs.52 per share. Get Equitas Small Finance IPO open dates, review, price band, form and market lot details at Groww. Equitas Small Finance Bank is a New Age Bank that gives children, youth, families and business people across India a new way to bank. 5. Equitas Holdings (EHL) Shareholders Reservation in IPO. Equitas Small Finance Bank IPO subscribed 1.95x times, QIB 3.91x, HNI 0.22x and RII 2.08x times overall. Units of Equitas Small Finance Bank were offered to investors at Rs 33 per share during the bidding phase of the IPO. Equitas Small Finance Bank has two comparable peers: Ujjivan Small Finance Bank in the listed space, and Suryoday Small Finance Bank in the unlisted space. The Subject to Sauda Price of Equitas Small Finance Bank IPO is ₹500. 2. 18 अक्तूबर 2020, 02:29 PM Buy from open market, Better banks and opportunities available in open market, Should We apply for listing gain??? CHENNAI: Equitas Holdings, the holding company of Equitas Small Finance Bank, said it was confident of listing the small finance bank in the stock exchanges by March 2020, according to a note from the company in the quarterly results press statement. **** 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 … Equitas Small Finance Bank IPO Market Lot:. Equitas Small Finance Bank IPO Subject To Sauda Rates. (i) Arun Ramanathan is the Part-time Chairman and Non-Executive Independent Director of our Bank. A Team with enough knowledge of ipo industry and stock market. Equitas Small Finance Bank IPO Price Band. know more, Click here to login/signup to join the discussion*, ⭐⭐⭐⭐⭐ Most Influential Member (2955 Posts), I have allotted 1259 shares of Equitas in IPO. Any idea if better to apply for EHL share holder or general retail? That means massive dilution on cards. Equitas Small Finance Bank initial public offer (IPO) made a listless listing on the bourses. 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. Check out Equitas Small Finance Bank IPO allotment status online. He has also worked for about two decades in Cholamandalam Investment and Finance Company Limited, part of the Murugappa Group, where he joined as a management trainee and resigned as the vice president and head of vehicle finance. (ii) They offer 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 IPO listing date is 02 November 2020. The Kostak Price for this IPO has no trades. Review and Recommendation of InvestorZone are 3/10 Equitas Small Finance Bank IPO … Equitas Small Finance Bank का IPO इस हफ्ते खुलेगा, निवेश से पहले ये 10 बातें जान लीजिए. He is a qualified company secretary from the Institute of Company Secretaries of India. The ₹ 520 crore IPO of Equitas Small Finance … The IPO of Equitas Small Finance Bank opens on October 20 and closes on October 22. The total IPO size of Rs 517.60 crores will … Equitas Holdings IPO is a main-board IPO of [.] Investors who hold EHL shares on October 11, 2020, are eligible to apply under the shareholder’s category of Equitas Small Finance Bank IPO… The Equitas Small Finance Bank is coming with an IPO as they have regulatory compliance. Mrs. Bectors Food IPO Subscription Numbers & Status - Should you subscribe? The company to raise around 517.60 crore via IPO. Equitas SFB IPO subscribed two times even as HNIs give offer a miss Equitas SFB IPO: Attractive play on diversification and valuation Equitas Small Finance Bank made a weak debut at the bourses as shares of the company listed at Rs 31, 6 per cent lower against the issue price of Rs 33 per share on the BSE on Monday. In a fixed price IPO offer, Equitas is launching its shares in the price band of Rs 34-35 apiece. The minimum order quantity is … EQUITAS SMALL FINANCE Bank IPO Details Issue open Oct 20, 2020 - Oct 22, 2022 Issue type Book Built Issue IPO Issue size 15.7 crore equity shares of Rs 10 (aggregating up to Rs 517.68 … 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. The share price band of the ₹ 520 crore IPO has fixed at ₹ 32- ₹ 33 per equity share. 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. And now. At the upper price limit, the bank … List at discount, In my opinion even if it lists at premium it wont be more than 2rs per share… Equitas Small Finance Bank will make a market debut on October 20. Equitas Small Finance Bank is coming out with an IPO on October 20, 2020. The Subject to Sauda Price of Equitas Small Finance Bank IPO is ₹500. they are coming up with an IPO at around 33-35 price band. Otherwise, this is not the right time to bring IPO, especially for the financial service company as their business is most hit due to rampage created in the economy due to COVID-19. You can check Equitas Small Finance … We have seen how Bandhan Bank stock fell from highs of 700 to 350 when they were finding it difficult to reduce the promoter holding. The total IPO size of Rs 517.60 crores will … Equitas Small Finance Bank will make a market debut on October 20. Equitas small finance bank is the largest SFB in India in terms of highest number of banking … Further, he is an associate member of the Institute of Cost and Works Accountants of India. In a fixed price IPO offer, Equitas is launching its shares in the price band of Rs 34-35 apiece. The Kostak Price for this IPO has no trades. Equitas Small Finance Bank, the wholly-owned subsidiary of Equitas Holdings, will list on bourses on November 2, with the company fixing the issue price at Rs 33 per share.. 2.Equitas Small Finance bank has raised money in the Pre-IPO round at Rs. About Equitas Small Finance Bank Ltd IPO. 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 … Equitas Small Finance Bank IPO Lot Size Minimum and … 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. 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. Total Shares outstanding = 1053402000 + 84848484.85 (New shares) = 113.8250485 Crores. Click here to login/signup to join the discussion, Click here to download the Android App from Play Store, Net Profit as a Percentage of Average Shareholders’ Equity, Provisions and Contingencies (Other than tax). The issue is priced at ₹32 to ₹33 per equity share. Equitas Small Finance Bank Ltd IPO Review (ESFB IPO), Dates, Price Bands, Market Lot, Equitas Bank IPO Grey Market Price, Listing Date & Time Details. The listing price was at a 6% discount to the issue price. In our time as a micro finance … 32-33 per Share Issue Size Rs… RBI had mandated as part of a licence to Equitas to run a small finance bank that it should list … Shares of Equitas Small Finance Bank are expected to get listed on November 2 The share price band has fixed at ₹ 32- ₹ 33 per equity share. Yes, The IPO to list on NSE and BSE both the indices. Equitas Small Finance Bank IPO to List on 2nd November on NSE and BSE, 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. 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. Gland Pharma Gland Pharma ‘s IPO … Basis of Allotment: 27 October 2020 Refunds: 28 October 2020 Credit to Demat accounts: 29 October 2020 Listing… 1. As of September 30, 2019, they have distribution channels comprised of 853 Banking Outlets and 322 ATMs across 15 states and union territories in India. Equitas Small Finance Bank may launch IPO on October 20, to raise Rs 532 crore… At present, the Ujjivan Small Finance Bank is trading at a P/B of 1.68x. The IPO Size of 517.60 Crores and the same will be used for augmenting Bank’s Tier I capital base to meet the Bank’s future capital requirements. As per the less response we might have the listing below the IPO price. 4. Equitas Small Finance Bank IPO is a main-board IPO of [.] Earnings Per Share (EPS) = Rs 2.39 PE Ratio = 13.80 (Approx). Read more on Groww: Equitas Small Finance IPO. Regulatory compliance reserved for Shareholders ’ quota fixed a price band at Rs 34-35 apiece October!: Minimum 428 shares & Maximum 5564 shares ; Minimum Amount: ₹14,980 Equitas Small Finance … About Equitas Finance! 10 to 3 and the Subscription Numbers & status - should you subscribe + (! Crore IPO of Equitas Small Finance Bank Ltd IPO November 2020 I.e and get bonuses! Are coming up with an IPO on October 20 Crores will … the listing price the IPO.... 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