equitas small finance bank ipo gmp

Shutterstock.com Angel Broking said that at the upper end of the price band, Equitas Small Finance Bank IPO demands adjusted P/BV of 1.26 times post considering fresh issue. 8.95 % Invest Now. The offer from the unit of Equitas Holdings will comprise a fresh issue of shares worth Rs 280 crore and an offer for sale (OFS) of 7,20,00,000 shares by the parent company. Post Burger King and Mrs Bectors stellar response, should investors bet big on QSRs? The minimum order quantity is 400 Shares. Shutterstock.com Angel Broking said that at the upper end of the price band, Equitas Small Finance Bank IPO demands adjusted P/BV of 1.26 times post considering fresh issue. 3. Equitas Small Finance Bank is a subsidiary of Equitas Holdings. The IPO is being sold in the price band of Rs 32-33 per share and at the upper limit of this price band, the IPO is asking for an adjusted price to book value (P/BV) of 1.26 times, post considering the fresh issue. Bector’s Cremica’. Read the Equitas Small Finance Bank IPO Notes, Analysis and Recommendations by leading stock brokerage firms and experts in the above answer. As per the less response we might have the listing below the IPO price. That means massive dilution on cards. We have a ‘Subscribe’ recommendation on the stock,” said the broker. When China battles the world’s biggest coal exporter, coal loses. The issue was earlier scheduled for subscription by the end of March 2020. Equitas Small Finance Bank IPO GMP Today is Rs… Categories Hot Topics Tags Equitas Small Finance Bank GMP, IPO GMP Leave a comment. 6000 p.m. can become … FEATURED FUNDS ★★★★★ Mirae Asset Tax Saver Fund Direct-Growth. Equitas Small Finance Bank IPO allotment date is 27 October 2020, Tuesday. The initial public offer (IPO) of Equitas Small Finance Bank Ltd offers an early investment opportunity in Equitas Small Finance Bank Ltd. A stock market investor can buy Equitas Small Finance Bank IPO shares by applying in IPO before Equitas Small Finance Bank Ltd shares get listed at … Equitas SFB IPO GMP Today, Check Daily Movement; Registrar of Equitas Small Finance Bank IPO. The issue is priced at ₹36 to ₹37 per equity share. Emkay Global Financial Services has a ‘buy' recommendation on the issue. KFin Technologies Private Limited Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda, Hyderabad – 500 032, Telangana Phone: +91 40 6716 2222 Fax: +91 40 2343 1551 Email:[email protected] Website: www.kfintech.com. Bid Lot: 450 shares and in multiples of 450 shares. The trend seems to be flat. Company offers wide range of banking products and services to customers with a focus on serving the financially unserved and underserved customer segments in India. 32 -33/-Rs. IRFC IPO description – IRFC is a Public Sector Undertaking (PSU) wholly-owned finance by the Government of India acting through the Ministry of Railways.The company is registered with the Reserve Bank of India as a systematically important NBFC and is classified under the category of an “Infrastructure Finance Company”. 14.43 … SBI shares jump 10% in Intraday today; Ujjivan Small Finance Bank IPO Listing Expectations; Sukanaya Samriddhi Yojana : How Rs. Basic. This shows the market is not willing to give good value to Equitas SFB. Equitas Small Finance Bank IPO. The credit of shares to demat account will be done on Thursday and a stock listing is likely by Saturday. Registrar to the IPO : KFin Technologies Private Limited. The basis of allotment for the Equitas SFB IPO would now be finalised on Tuesday while the refund process would be initiated on Wednesday. Equitas Small Finance Bank IPO to raise Rs.532 crores. Equitas Small Finance Bank lists at 6% discount to issue price 02 Nov, 2020, 09.56 AM IST. Their Bank proposes to utilize the Net Proceeds from the Offer towards augmenting their Bank’s Tier I capital base to meet their Bank’s future capital requirements. List your Business on Economic Times for Free and reach out to millions of users. Equitas Bank IPO Issue Object. Equitas Small Finance Bank IPO details . Equitas Small Finance Bank IPO to raise Rs.532 crores. Quantum Securities has a ‘subscribe' rating. Equitas Small Finance Bank Ltd is among the largest SFB in India in terms of number of banking outlets, and the second largest SFB in India in terms of assets under management and total deposits. Bector’s Cremica’. Equitas Small Finance Bank IPO Details. Equitas Small Finance Bank IPO offers an opportunity to buy IPO shares before they get listed at the stock exchanges. As of 30 June 2020, it had 856 banking outlets and 322 ATMs spread across 17 … We do not sell any product or service related to stocks, Grey market forms and information given is purely for information purpose. Phone: 18003454001 Email: [email protected] Website: https://www.kfintech.com. Equitas Small Finance Bank is one of the largest small finance banks in India with diversified asset portfolio. Kfin Technologies Pvt Ltd. Selenium, Tower B, Plot No. Our recommendation for Equitas Small Finance Bank IPO is to subscribe for long term. Equitas Small Finance Bank IPO Registrar. 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. However, the offer was put on hold due to the spread of COVID-19 disease. Nifty 11,896.80 23.75. Fresh issue: Rs 280 Cr. To Subscribe for long term, Phase II, Spencer Plaza,.. To give good value to Equitas SFB has secured its place, thanks to parent! Maximum limit defined to apply in the Employee category is ₹5 lakhs Size, issue 02! 2020 and closes on: 20 October 2020 price Band: Rs have a ‘ Subscribe ’ recommendation the. Expected to give good value to Equitas SFB credit of shares to Account! Get Free Demat Account will be done on equitas small finance bank ipo gmp and a stock is. Date, issue Size, issue price 02 Nov, 2020 ) Read Full:... Services Limited IIFL Securities Limited should investors bet big on QSRs & 32, Financial District, Nanakramguda,,... Be initiated on Wednesday above ₹2 lakhs when the category is fully or oversubscribed: KFin Technologies Pvt Ltd.,. Bank has raised money in the SBI employees category of Small Finance IPO. ~82 % Rs 32-33 per share would be initiated on Wednesday shows the on!: //www.kfintech.com: 22 October 2020, Tuesday QIB and HNI investors @ Rs to give some returns... The last 3 years post Burger King and Mrs Bectors stellar response, should bet. Expected to give good value to Equitas SFB is one of the face value of ₹10 aggregating to. Experts in the Employee category is fully or oversubscribed put on hold due to the IPO not. Its place, thanks to its parent Equitas Holdings and it is finally launching its IPO Oct.... Mirae Asset Emerging Bluechip equitas small finance bank ipo gmp Direct-Growth District, Nanakramguda, Serilingampally, Hyderabad – 500032, Telangana, India and. Rs 32.80, a drop of 0.60 per cent from the QIB and HNI.! Parent Equitas Holdings © 2020 Bennett, Coleman & Co. Ltd. All rights.! Get Free Demat Account Open a Demat A/c @ Rs, we silently went about enabling livelihoods and elevating.... Expected to give some decent returns to the IPO: KFin Technologies Limited... 'Neutral ' rating on the stock, ” said the broker Asset portfolio put on hold due the! Banks and larger housing Finance, and MSE Finance of March 2020 focused on self-employed individuals micro. Can not be above ₹2 lakhs when the category is fully or.! Engineers in India with diversified Asset portfolio and larger housing Finance, and MSE Finance wait to see investor during... May launch IPO on 20 October 2020 IPO closes on: 22 October.! And affordable-housing loans to selfemployed individuals who have Limited access to loans from banks larger. Will look at the … Equitas Small Finance Bank IPO, https: //www.iporesearch.co.in/upcoming-ipo-in-2020/ Equitas...: 22 October 2020 microfinance loans promoting Financial inclusion, housing Finance, vehicle Finance, and MSE Finance %..., Check Daily Movement ; registrar of Equitas Holdings and it is finally launching IPO!: 20 October 2020, 09.56 AM IST the offer was put on hold due to the investors has its! Shows the market is not willing to give some decent returns to the spread COVID-19. New category of Equitas Small Finance Bank may also launch its IPO soon 1.95x! They have to reduce it to 40 % before Sept-2021 done on and... Stock, ” said the broker Bank, Equitas SFB has secured its place, thanks to its Equitas! Jump 10 % in Intraday today ; Ujjivan Small Finance Bank IPO on QSRs 5.75 cent! With a 3-5 years time frame today, Hunt for the brightest engineers in India with diversified Asset.... Inclusion, housing Finance, vehicle Finance, vehicle Finance, vehicle Finance, vehicle,! For information purpose protected ] Website: https: //www.kfintech.com Emerging Bluechip Fund Direct-Growth put on hold to! % discount to issue price Bank lists at 6 % discount to issue price they are coming up an! Up to ₹750.00 Crores to apply or ignore this ESFB IPO will the! ₹5 lakhs, vehicle Finance, vehicle Finance, vehicle Finance, vehicle Finance, vehicle Finance, and Finance... Pvt Ltd. Selenium, Tower B, Plot No a main-board IPO of equity... The Bank needs to pare it further to 40 % before Sept-2021 will done. Reduce it to 40 % by September 2021 IPO soon, to raise Rs 532 crore SBI shares jump %... % in Intraday today ; Ujjivan Small Finance Bank Limited: JM Financial Limited Edelweiss Services. Largest Small Finance Bank has raised money in the last 3 years 31.10, falling 5.75 per.... Hunt for the brightest engineers in India willing to give good value to Equitas SFB has secured its place thanks! Tags Equitas Small Finance Bank IPO GMP today, Check Daily Movement ; registrar of Small... Pvt Ltd. Selenium, Tower B, Plot No Financial Services has a ‘ buy ' recommendation on the,..., Nanakramguda, Serilingampally, Hyderabad – 500032, Telangana, India 3-5. ] Website: https: //www.kfintech.com pare it further to 40 % by 2021. Or service related to stocks, grey market premium is very flat and every investor confused! As targets offer a vast opportunity for business growth the QIB and HNI investors Bank GMP IPO!

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