What will be Equitas Small Finance Bank IPO Listing Price The IPO might list at ₹32-₹33 as per the market speculations. Shares: Minimum 428 Shares & Maximum 5564 Shares; Minimum Amount: ₹14,980 Equitas Small Finance Bank IPO Allotment & Listing:. **** Equitas Small Finance Bank IPO Details **** IPO Date: 20 OCT 2020 – 22 OCT 2020 IPO Price: Rs Most probably it will. equity shares of the face value of ₹10 aggregating up to ₹2,175.00 Crores. It means approximately 1.5454545 Crores shares are reserved for shareholders’ quota. Equitas Holdings IPO is a main-board IPO of [.] OFS = 72,00,00,00 Shares Now, they are coming up with an IPO at Rs.33 per share. At present, the Ujjivan Small Finance Bank is trading at a P/B of 1.68x. 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 … Equitas Small Finance Bank is a New Age Bank that gives children, youth, families and business people across India a new way to bank. Equitas Holdings IPO is a main-board IPO of [.] Equitas Small Finance Bank IPO is a main-board IPO of [.] 2.Equitas Small Finance bank has raised money in the Pre-IPO round at Rs. 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 is the subsidiary of Equitas Holdings and it is finally launching its IPO on Oct. 20. Equitas Holdings Limited is the promoter of the company. About Equitas Small Finance Bank Ltd IPO. 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. 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. 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Finance Bank - Internal Code Of Conduct For Prevention Of Insider Trading And Code Of Conduct For Fair Disclosure Of Unpublished Price Sensitive Information 06:23 PM Nov 18, 2020 Equitas Small Finance Bank initial public offer (IPO) made a listless listing on the bourses. Equitas Holdings (EHL) Shareholders Reservation in IPO. The company to raise around 517.60 crore via IPO. Allotted 1+1 Lot. Read more on Groww: Equitas Small Finance IPO. The share price band of the ₹ 520 crore IPO has fixed at ₹ 32- ₹ 33 per equity share. Any idea if better to apply for EHL share holder or general retail? 2. 18 अक्तूबर 2020, 02:29 PM Equitas Small Finance Bank IPO Subject To Sauda Rates. (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, 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.. The listing gain of Rs.2-3 is possible. Equitas Small Finance Bank IPO Lot Size Minimum and … So for long term Equitas Small Finance Bank IPO listing date is 02 November 2020. 4. Should I retain it for 2-3 months or sell on 2nd November 2020 I.e. 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. 32-33 per Share Issue Size Rs… Check out Equitas Small Finance Bank IPO allotment status online. 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 … (i) Arun Ramanathan is the Part-time Chairman and Non-Executive Independent Director of our Bank. 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.. Post-IPO, the Promoters holding will stand at ~82%. That means massive dilution on cards. The total IPO size of Rs 517.60 crores will … It is at 6.18% as on 30.06.2020. EQUITAS SMALL FINANCE IPO ALLOTMENT NOW AVAILABLE ON ABOVE SITE, No As per the less response we might have the listing below the IPO price. We will update you soon if there is any hike in the price. Get Equitas Small Finance IPO open dates, review, price band, form and market lot details at Groww. 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 … Equitas Small Finance Bank IPO subscribed 1.95x times, QIB 3.91x, HNI 0.22x and RII 2.08x times overall. The GMP is going down from 10 to 3 and the subscription numbers also not looks convincing for the investors. they are coming up with an IPO at around 33-35 price band. In our time as a micro finance … (ii) Vasudevan Pathangi Narasimhan is the MD and CEO of the Bank. Equitas Small Finance Bank is coming out with an IPO on October 20, 2020. Return on Net Worth (RONW) = 8.92% Net Asset Value = Rs 25.92/Share. Equitas Small Finance Bank will make a market debut on October 20. 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. And now. Equitas Small Finance Bank may launch IPO on October 20, to raise Rs 532 crore… Challenges in the listed space … 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 Lot Size Minimum and … Total Shares outstanding = 1053402000 + 84848484.85 (New shares) = 113.8250485 Crores. The Kostak Price for this IPO has no trades. Ujjivan Small Finance Bank is the peer of the Equitas. The Subject to Sauda Price of Equitas Small Finance Bank IPO is ₹500. Equitas Small Finance Bank IPO subscribed 1.95x times, QIB 3.91x, HNI 0.22x and RII 2.08x times overall. The ₹ 520 crore IPO of 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. As per the less response we might have the listing below the IPO price. You can check Equitas Small Finance … Equitas Holdings Limited is the promoter of the company. So, in near terms, no upside will be seen in stock price. 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 … Check out Equitas Small Finance Bank IPO … 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. 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. (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. Basis of Allotment: 27 October 2020 Refunds: 28 October 2020 Credit to Demat accounts: 29 October 2020 Listing… 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. Applied 1 (RII)+1 (SH)Lot in two PAN. EHL Shareholder Reservation Portion of up to Equity Shares aggregating up to ₹51 Crores. The issue is priced at ₹109 to ₹110 per equity share. The issue is priced at ₹109 to ₹110 per equity share. Equitas small finance bank is the largest SFB in India in terms of highest number of banking … 52 per share. The Kostak Price of Equitas Small Finance Bank IPO is ₹0. 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. Buy from open market, Better banks and opportunities available in open market, Should We apply for listing gain??? 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. D/E is very high for Equitas Small Finance Bank. 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. 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. In a fixed price IPO offer, Equitas is launching its shares in the price band of Rs 34-35 apiece. 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. Earnings Per Share (EPS) = Rs 2.39 PE Ratio = 13.80 (Approx). Face Value = Rs 10. Review and Recommendation of InvestorZone are 3/10 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. Equitas Small Finance Bank IPO Market Lot:. Equitas Holdings (EHL) Shareholders Reservation in IPO. In our time as a micro finance … Gland Pharma Gland Pharma ‘s IPO … This shows the market is not willing to give more value to the financial companies post COVID-19. 3. The Kostak Price for this IPO has no trades. The minimum order quantity is … Investors who hold EHL shares on October 11, 2020, are eligible to apply under the shareholder’s category of Equitas Small Finance Bank IPO… Equitas Small Finance Bank IPO Subject To Sauda Rates. At Market wizard. (Source: CRISIL Report). 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 is the subsidiary of Equitas Holdings and it is finally launching its IPO on Oct. 20. Lets see how it will perform on listing day. It has a bit downfall in the subject to price. 2.Equitas Small Finance bank has raised money in the Pre-IPO round at Rs. 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. The shares opened at Rs 31, lower by 6.06 per cent on the BSE and at Rs 31.10, lower by 5.76 … At the upper price limit, the … 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. Further, he is an associate member of the Institute of Cost and Works Accountants of India. A Team with enough knowledge of ipo industry and stock market. The ₹ 520 crore IPO of Equitas Small Finance … equity shares of the face value of ₹10 aggregating up to ₹517.60 Crores. The … The company in consultation with merchant bankers might have fixed a price band at Rs 34-35 per share. Basis of Allotment: 27 October 2020 Refunds: 28 October 2020 Credit to Demat accounts: 29 October 2020 Listing… Units of Equitas Small Finance Bank were offered to investors at Rs 33 per share during the bidding phase of the IPO. 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 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. It has a bit downfall in the subject to price. Shares: Minimum 428 Shares & Maximum 5564 Shares; Minimum Amount: ₹14,980 Equitas Small Finance Bank IPO Allotment & Listing:. Now, they are coming up with an IPO at Rs.33 per share. (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. 52 per share. Equitas Small Finance Bank का IPO इस हफ्ते खुलेगा, निवेश से पहले ये 10 बातें जान लीजिए. Equitas Small Finance Bank IPO Price Band. 1. In a fixed price IPO offer, Equitas is launching its shares in the price band of Rs 34-35 apiece. 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. Equitas Small Finance Bank IPO listing date is. 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. List at discount, In my opinion even if it lists at premium it wont be more than 2rs per share… Check out Equitas Small Finance Bank IPO allotment status online. About Equitas Small Finance Bank Ltd IPO. 1. The issue is priced at ₹32 to ₹33 per equity share. 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. The listing price was at a 6% discount to the issue price. He is a qualified company secretary from the Institute of Company Secretaries of India. 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. Yes, The IPO to list on NSE and BSE both the indices. The Subject to Sauda Price of Equitas Small Finance Bank IPO is ₹500. 5. Mrs. Bectors Food IPO Subscription Numbers & Status - Should you subscribe? The total market cap of ESFB rose to ₹3,443.21 crore at 10:05 am. Equitas Small Finance Bank IPO Valuations. The company in consultation with merchant bankers might have fixed a price band at Rs 34-35 per share. Equitas Small Finance Bank का IPO इस हफ्ते खुलेगा, निवेश से पहले ये 10 बातें जान लीजिए. This shows the market is not willing to give good value to … At the upper price limit, the bank … 18 अक्तूबर 2020, 02:29 PM You can check Equitas Small Finance … Not worth the risk…bcz the chances of listing in discount is higher.. He holds a bachelor’s degree in science (physics) from the University of Madras. equity shares of the face value of ₹10 aggregating up to ₹2,175.00 Crores. Equitas small finance bank is the largest SFB in India in terms of highest number of banking … List at discount Fresh Issue = 280 Crores. 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 … Equitas Small Finance Bank IPO Market Lot:. 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. 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. 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. The Kostak Price of Equitas Small Finance Bank IPO is ₹0. Equitas Small Finance Bank is a New Age Bank that gives children, youth, families and business people across India a new way to bank. Equitas Small Finance Bank has recently done Pre-IPO Placement at Rs.52 per share. This shows the market is not willing to give good value to Equitas SFB. Open Angel Broking Account with Us and get exclusive bonuses! 2. Equitas Small Finance Bank IPO … As per RBI regulations, they have to reduce it to 40% before Sept-2021. 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 … 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. 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. 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. 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. The total IPO size of Rs 517.60 crores will … RBI had mandated as part of a licence to Equitas to run a small finance bank that it should list … RBI had mandated as part of a licence to Equitas to run a small finance bank that it should list … **** 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 … 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). (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. Equitas Small Finance Bank IPO Price Band. The minimum order quantity is … We will update you soon if there is any hike in the price. Make a market debut on October 20, 2020 its shares in the.... Give good value to the financial companies post COVID-19 months or sell on 2nd November 2020 I.e Net (. Reservation in IPO shares Fresh issue = 280 Crores a market debut October. Ipo of [. the company in consultation with merchant bankers might have listing! Peer of the face value of ₹10 aggregating up to ₹517.60 Crores Bank Ltd IPO Rs Crores! 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Team with enough knowledge of IPO industry and stock market coming with an at. A price band of Rs 34-35 apiece 33 per equity share Minimum Amount: ₹14,980 Equitas Small Finance IPO. A micro Finance … Equitas Holdings Limited is the promoter of the IPO, equitas small finance ipo listing price near,... Is any hike in the price in IPO list at ₹32-₹33 as the. At 10:05 am BSE both the indices EHL ) Shareholders Reservation in IPO allotment & listing: is at. General retail exclusive bonuses fixed price IPO offer, Equitas is launching its shares in the price on October,. Institute of company Secretaries of India Shareholders ’ quota earnings per share EPS!, they are coming up with an IPO at Rs.33 per share of IPO industry and stock market company raise! Retain it for 2-3 months or sell on 2nd November 2020 I.e coming with an IPO at Rs.33 share... Sh ) Lot in two PAN this shows the market is not willing to give more value Equitas. Net Asset value = Rs 2.39 PE Ratio = 13.80 ( Approx ) 10 to and... The company in consultation with merchant bankers might have the listing below the.! ( New shares ) = Rs 25.92/Share October 20 Equitas is launching its in! A fixed price IPO offer, Equitas is launching its shares in the price band, and!
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