ESAF Small Finance Bank Limited

ESAF Small Finance Bank Limited

MainboardClosed

₹15,000(250 Shares)

Minimum Investment

IPO Dates

Nov 3, 2023 – Nov 7, 2023

Price Band

₹57–60 per equity share

Lot Size

250

Listing

Jan 4, 2024

Listing At

BSE, NSE

Nov 3, 2023Open DateCompleted
Nov 7, 2023Close DateCompleted
TBAAllotment DateUpcoming
Jan 4, 2024Listing DateCompleted

ESAF Small Finance Bank Limited Live Subscription Details

All IPOs
Employee4.36x
Retail16.97x
QIB173.52x
NIIs
84.37x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

91.68x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

69.74x

Overall Subscription

Total Bids Received

73.15x

ESAF Small Finance Bank Limited IPO Issue Details

Issue Price
₹57-60 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
BSE, NSE
Listing Date
Jan 4, 2024

Company Information

ESAF is a Small Finance Bank mainly focusing on providing loans to rural and semi-urban customers. The Bank's products consist of (a) Micro Loans, (b) retail loans, (c) MSME loans; (d) loans to financ...

Valuations

RoNW

17.69%

Financial Information (₹ in Crores)

MetricFY 23FY 22FY 21
Total Assets20223.6617707.5612338.65
Total Revenue3141.572147.511768.42
Profit After Tax302.3354.73105.4
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1The Net Proceeds are proposed to be utilized towards augmentation of the Bank's Tier-I capital base to meet the Bank's future capital requirements which are expected to arise out of growth in the Bank's assets, primarily the Bank's loans/advances and investment portfolio and to ensure compliance with regulatory requirements on capital adequacy prescribed by the RBI from time to time. The Bank expects to receive the benefits of listing the Equity Shares on the Stock Exchanges

ESAF Small Finance Bank Limited – Promoter(s)

Kadambelil Paul Thomas
ESAF Financial Holdings Private Limited

Contact Details

ESAF Small Finance Bank Limited IPO Documents

Frequently Asked Questions — ESAF Small Finance Bank Limited IPO

The ESAF Small Finance Bank Limited IPO price band is set at ₹57.00 to ₹60.00 per equity share.

The lot size for ESAF Small Finance Bank Limited IPO is 250 shares per lot. The minimum investment amount is approximately ₹15,000.

The ESAF Small Finance Bank Limited IPO opens on Nov 3, 2023 and closes on Nov 7, 2023.

ESAF Small Finance Bank Limited IPO is expected to be listed on Jan 4, 2024 on BSE, NSE.

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