247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Equitas Small Finance Bank Limited IPO (Equitas Small Finance Bank IPO) Details

Equitas Small Finance Bank Limited is an Banking And Finance based company, located in Chennai, Equitas Small Finance Bank Limited IPO size was 517.60 Cr. and was issued at 33.00 per share. The share of Equitas Small Finance Bank Limited were listed at 32.75 per share and are currently trading at 70.97 per share.

Type :
Sub Sector : Financial Services
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
3003.88 Cr.

PAT :
230.68 Cr.

Pricing Report

Issue Price :
33.00

Listing Price :
32.75

Current Market Price :
70.97

Issue Price vs CMP :
37.97 (115.06%)

listing Price vs CMP :
38.22 (116.70%)

Performance Report (CAGR* wise)

CAGR : 19.9
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Equitas Small Finance Bank

Company Information
Equitas Small Finance Bank Limited was the largest Small Finance Bank (SFB) in India in terms of the number of banking outlets and the second largest SFB in terms of assets under management and total deposits in Fiscal 2019 (Source: CRISIL Report). It has successfully diversified its loan portfolio and significantly reduced its dependence on the microfinance business compared to other microfinance companies that have converted to SFBs (Source: CRISIL Report).
The company offers a wide range of banking products and services, with a focus on serving financially unserved and underserved customer segments in India. Its strength lies in promoting financial inclusion within these segments. The group began operations in 2007 as a Non-Banking Financial Company (NBFC) providing microfinance loans through EMFL. In 2011, it
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Object of Issue
  • The bank proposes to utilize the Net Proceeds from the fresh issue offer towards augmenting the Bank's Tier I capital base to meet the future capital requirement

Equitas Small Finance Bank MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Nov, 2020
IPO Size :
517.60 Cr.
IPO Subscription :
1.95 X     
PE Multiple :
16.25
Merchant Banker :
Edelweiss Financial Services Limited
IPO Registrar:
Kfin Technologies Limited

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FAQs

Equitas Small Finance Bank operates in Banking And Finance and Financial Services. The Issue is listed on MainBoard in Nov, 2020. Equitas Small Finance Bank IPO size was 517.60 Cr. with Issue price of 33.00 .

Merchant Banker(s) of Equitas Small Finance Bank IPO: Edelweiss Financial Services Limited , Iifl Securities Limited , Jm Financial Limited

Equitas Small Finance Bank IPO subscription was 1.95 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Equitas Small Finance Bank IPO listed at a listing price of 32.75 against the offer price of 33.00.

The current market price of Equitas Small Finance Bank is 70.97.

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