The Kostak price of Equitas Small Finance Bank Ltd IPO is Not Available at the moment. (iStock Files) Equitas Small Finance Bank is among the largest SFB in India in terms of number of banking outlets, as of March 31, 2019, and in Fiscal 2019 we recorded the fourth lowest yields indicating our diversification away from microfinance. Equitas Small Finance Bank fixes IPO price … Equitas Small Finance Bank IPO – Oct 20 to 22 October 16, 2020 Equitas Small Finance Bank Limited is coming out with a fresh public issue to raise Rs 510 – 518 crores from the market. 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 band. Equitas SFB IPO is going to be list on 2-11-2020. 280 crore will be issued under this IPO. At the same time, retail investors can invest in this IPO from tomorrow until October 22. Should you subscribe The current offer for sale is of 7.2 crore equity shares amounting to Rs 237.60 crores and a fresh issue of equity shares aggregating to Rs 237 crores. 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 Small Finance Bank fixed the price band for its IPO at Rs 32-Rs 33 per equity share. The IPO of Equitas Small Finance Bank opens on October 20 and closes on October 22. The trend seems to be flat. The IPO consists of a fresh issue aggregating up to Rs 280 crore. Equitas Small Finance Bank IPO is going to hit the market on 20 October 2020.The company to raise around 517.60 crore via IPO. The company has fixed a price … Equitas Small Finance Bank has targeted to raise Rs 500 crore through an IPO. Equitas Small Finance Bank IPO would open for subscription on October 20, 2020. they are coming up with an IPO at around 33-35 price band. The closes on October 22. Equitas Holdings (EHL) Shareholders Reservation in IPO. As of 12:00 pm, the IPO was subscribed 1.15 times. Equitas Small Finance Bank aka ESFB IPO will hit the market on 20 October 2020. Equitas Small Finance Bank (ESFB) has reduced the size of its initial public offering (IPO) to Rs 280 crore from Rs 550 crore. Equitas Small Finance Bank Ltd IPO Review/Comments. Investors who hold EHL shares on October 11, 2020, are eligible to apply under the shareholder’s category of Equitas Small Finance Bank IPO. Leave a Comment on Equitas Small Finance Bank IPO, Date, GMP, Price Band ₹32-33 Equitas Small Finance Bank is the subsidiary of Equitas Holdings and it is finally launching its IPO on Oct. 20. The Kostak Price of Equitas Small Finance Bank IPO is ₹0. Equitas’ poor asset quality and and provisioning is reflected in the valuation. It has been falling since yesterday. This bank was the largest small finance bank in India in Fiscal 2019. 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. Equitas Small Finance Bank (SFB)'s Rs 518 crore initial public offer (IPO) closes for bidding at 5:00 pm today i.e. At the upper end of the price band of ₹32-33 per share, Equitas Small Finance Bank is valued at 1.2 times book value (as of June 2020, post issue). 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. NEW DELHI: The Rs 518 crore initial public offer (IPO) by Equitas Small Finance Bank opened for subscription on Tuesday. The Equitas Small Finance Bank IPO consists of a fresh issue aggregating up to Rs 280 crore and an offer for sale of up to 7.2 crore equity shares by Equitas Holdings Limited (EHL). The issue for anchor investors will open on October 19, a day prior the issue opening for public. Equitas Small Finance Bank IPO GMP Today. Equitas Small Finance Bank IPO subscribed 39%, retail portion booked 85% on Day 1 Equitas Small Finance Bank IPO opens: Should you subscribe? The IPO will open for subscription on October 20 and close on October 22. Price range for the offer has been fixed at Rs 32-33 per share. 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 2. The Subject to Sauda price for Equitas Small Finance Bank Ltd IPO is Rs.900-1000. The GMP is going down from 10 to 3 and the subscription numbers also not looks convincing for the investors. Equitas Small Finance Bank IPO to raise Rs.532 crores. The company has fixed the price band of the IPO at Rs 32-33. 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. The shares were sold in the price band of Rs 32- … The Rs 518-crore initial public offering (IPO) of Equitas Small Finance Bank – a subsidiary of Equitas Holdings – opens today and will be available for subscription till Thursday, October 22. The company provides microfinance loans promoting financial inclusion, housing finance, vehicle finance, and MSE finance. Equitas Holdings Limited is the promoter of the company. October 22. Equitas Small Finance Bank has allotted 42,327,271 shares to 35 anchor investors and raised Rs 139.68 crore. The Kostak Price for this IPO has no trades. What is the Subject to Sauda price for Equitas Small Finance Bank Ltd IPO? 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 IPO will open for subscription on October 20 and close on October 22. Equitas Small Finance Bank's Rs 517.6 crore initial public offer (IPO) was open for subscription from October 20 till October 22. The initial public offer comprises a fresh issue of Rs 280 crore and an offer for sale of 7.20 crore shares. Equitas Small Finance Bank IPO Kostak Price. The share price band of the ₹ 520 crore IPO has fixed at ₹ 32- ₹ 33 per equity share. 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. And now. NSE Code for Equitas SFB is TBD. Equitas Small Finance Bank Ltd IPO Review (ESFB IPO), Dates, Price Bands, Market Lot, Equitas Bank IPO Grey Market Price, Listing Date & Time Details. 2Nd November 2020 the offer for sale of up to 7.2 crore shares..., vehicle Finance, vehicle Finance, vehicle Finance, vehicle Finance, and MSE Finance Cr.... At the same time, retail investors can invest in this IPO has no.... This shows the market is not Available at the moment more value to financial! 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