Equitas Small Finance Bank aka ESFB IPO will hit the market on 20 October 2020. Equitas Small Finance Bank IPO to raise Rs.532 crores. The company provides microfinance loans promoting financial inclusion, housing finance, vehicle finance, and MSE finance. Equitas Small Fin Bank offers financial products according to customers’ income profile, type of security available, and nature of business.
Equitas Small Finance Bank Review :
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Equitas Small Finance Bank IPO Review
Equitas Small Finance Bank IPO Date & Price Band (Tentative):
| 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 |
| Face Value: | ₹10 Per Equity Share |
| Grey Market Premium | Rs. 5 |
Equitas Small Finance Bank IPO Market Lot:
- Shares: Minimum 428 Shares & Maximum 5564 Shares
- Minimum Amount: ₹14,980
- Maximum Amount: ₹1,94,740
Equitas Small Finance Bank IPO Allotment & Listing:
- Basis of Allotment: 27 October 2020
- Refunds: 28 October 2020
- Credit to Demat accounts: 29 October 2020
- Listing: 02 November 2020
Equitas Small Finance Bank IPO Form Download:
Thinking about how to apply the Equitas Small Finance Bank IPO? Here is the answer, You can apply for Equitas Small Finance Bank IPO through the ASBA feature of your bank. Login to your Net Banking option and go to Invest / IPO section. Select the Equitas Small Finance Bank IPO, fill up and check the details and click submit. Another option to apply for Equitas Small Finance Bank IPO is by submitting physical forms to your Bank. For that, you need to download forms – NSE Blank IPO Form