Equitas Small Finance Bank IPO allotment status is now available on KFin Technologies’ website. Equitas Bank IPO Dates / Launch Date The opening and the closing date of Equitas Bank IPO is Oct 20, 2020 – Oct 22, 2020. 52 per share. Here is a quick look at some important information about Equitas Small Finance Bank: Equitas Small Finance Bank has posted strong growth in revenues over the last three years. A significant portion of the bank’s advances are towards customers located in the State of Tamil Nadu and any adverse changes in the conditions affecting the region can adversely impact its business, financial condition, results of operations and cash flows. Investors can invest in this IPO with a 3-5 years time frame. Department of Revenue, GOI, that certain fraudsters are collecting data of customers It touched a high of Rs 31.45 on the BSE, the exchange data shows. Phase II, 4th Floor, Spencer Plaza, No. Equitas SFB also offers debit cards, mutual funds, third-party insurance, and issues FASTags. Growth Story, Advice Based Mutual The company provides microfinance loans promoting financial inclusion, housing finance, vehicle finance, and MSE finance. 2.Equitas Small Finance bank has raised money in the Pre-IPO round at Rs. Equitas Small Finance Bank IPO - Read Equitas Small Finance Bank IPO Review and Analysis on The Economic Times. The IPO to list on NSE and BSE. NPS POP 27092018; ROC-CIN- U67120WB1997PLC096496| G RAJ & COMPANY CONSULTANTS LTD– DISCLAIMER. Equitas Small Finance Bank IPOs will make a market debut next week. The continuing impacts of COVID-19 are highly unpredictable and could be significant, and may have an adverse effect on the bank’s business, operations, and future financial performance. Being one of the largest SFBs in India, many investors are looking forward to the launch date to become a part of its growth story. to take note of the above and exercise caution and due care. REGISTRATION NUMBERS (NSE/BSE/MSEI): INZ000166737; IN-DP-380-2018 (NSDL/CDSL); SEBI: on your mobile/email at the end of the day. PHONE NO.-022-6839-1234/35; WEBSITE WWW.NARNOLIA.COM. The deadline for the bank’s listing is September 4. The value of the bank’s collateral may decrease or it may experience delays in enforcing collateral when borrowers default on their obligations, which may result in failure to recover the expected value of collateral security exposing it to potential losses. Receive information of your transactions/alerts directly from Exchange/Depository Equitas Small Finance Bank IPO Time Line. Equitas Small Finance Bank Ltd. Equitas Holding is a listed entity while RBI has also directed it to list Equitas Small Finance Bank as per the bank licensing agreement. 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 Now, they are coming up with an IPO at Rs.33 per share. Listing Date: 2 November 2020. Phase II, 4th Floor, Spencer Plaza, No. Equitas Small Finance Bank listed at Rs 31 on BSE, a 6 percent discount to the issue price of Rs 33 per share. on SCORES  | Name, PAN, Address, Mobile Number, Email ID  |  c. Face Value ₹10 Per Equity Share: 2. 27, ROAD NO. EQUITAS SMALL FINANCE BANK LIMITED 20-Oct-20 Subscribe (Long Term) Issue Details Issue Details Issue Size (Value in ` crore, Upper Band) Equitas SFB ranked as the largest SFB in India in terms of number of 517.60 Fresh Issue (No. We need to wait to see investor sentiment during the subscription period for expecting any listing gains. MERCHANT BANKING- INM 000010791; PMS- NP000006420, RESEARCH ANALYST- INH 300006500, Find out Equitas Small Finance Bank IPO Issue Price, Subscription Dates and Status, Equitas Small Finance Bank IPO Listing Date and more. Reports, Technical 2.Equitas Small Finance bank has raised money in the Pre-IPO round at Rs. Equitas Small Finance Bank's IPO comprises fresh issue of 85 million shares and offer for sale of 72 million shares mainly to meet the RBI’s listing norms. of the grievances, Equity number to create pledge. I believe good content empowers people to unleash their wealth-creation potential, and I am happy if I can contribute to it. Equitas Holdings currently trades at about 0.6 times book, owing to the holding company discount. Go to IPO ( login to your account). Equitas Small Finance Bank made a weak debut at the bourses as shares of the company listed at Rs 31, 6 per cent lower against the issue price of Rs 33 per share on the BSE on Monday. At A Glance, Partner Equitas Small Finance Bank Limited proposes to utilize the net proceeds from this issue towards boosting its Tier I capital base to meet its future capital requirements. Get issue price, issue size, lot size and all other details, apply for Equitas Small Finance Bank IPO with 5paisa. 134 (VALID TILL After receiving license from the Reserve Bank of India (RBI) on 30 June 2016, Equitas began banking on 5 September 2016 as a subsidiary of holding company Equitas Holdings Ltd. With effect from 4 February 2017, Equitas became a scheduled bank. The IPO Shares of Equitas Small Finance Bank Ltd IPO are proposed to list on Monday, November 2, 2020 at BSE, NSE. Listing At: NSE & BSE. On the liability side, the bank primarily has mass and mass-affluent individuals having savings, current, salary, and deposit accounts. 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 Investment in securities market are subject to market risks, read all the related documents carefully before investing. Phase II, 4th Floor, Spencer Plaza, No. Grey Market News of Equitas Small Finance Bank Limited: On 2 Nov 2020 GMP : ( – ) 2 For past trend , check page-bottom. Equitas Bank IPO allotment date is Oct 27, 2020. Visit Narnolia to get complete information on Equitas Small Finance Bank Ltd. IPO including listing date, allotment status, analysis and recommendations. Equitas Small Finance Bank the largest Small Finance Bank (SFB) in India in terms of the number of outlets and the second-largest in terms of total deposits and assets under management. their bogus firms by promising huge profits. The public issue of Equitas Small Finance Bank IPO was opened on Oct 20, 2020 and closed for subscription on Oct 22, 2020. Besides, its promoter Equitas Holdings (EHL) will sell shares worth up to Rs 238 crore to reduce its stake to around 82% from the 95.5% at present. Issued in public interest by Narnolia: Prevent unauthorised transactions in your Any adverse developments in the segments that the bank operates in, including small business loans, microfinance and vehicle finance could adversely affect its business and results of operations. 769, Anna Salai, Chennai - 600 002. participant. It may not be able to realize the expected value of the collateral on loans due to fluctuating real estate prices and/ or enforce the security in a timely manner or at all in the event of default and this may have a material adverse effect on its business, results of operations, financial condition and cash flows. However, the central bank rejected the request. DISCLAIMER. Equitas Small Finance Bank IPO is opening on 20 Oct 2020, closing date 22 Oct 2020. Shares: Minimum 428 Shares & Maximum 5564 Shares; Minimum Amount: ₹14,980 Equitas Small Finance Bank IPO Allotment & Listing:. Equitas Small Finance Bank IPO Tentative Timetable, About the Company – Equitas Small Finance Bank, 1. The Equitas Small Finance Bank IPO open date is Oct 20, 2020, and the close date is Oct 22, 2020. However, the promoter of Equitas SFB, Equitas Holdings Limited (EHL), currently prepares its financial statements under Indian Accounting Standard (Ind AS) and as a result, it is required to prepare limited financial information in accordance with the accounting policies of EHL for the limited purposes of consolidation by EHL. Shares: Minimum 428 Shares & Maximum 5564 Shares; Minimum Amount: ₹14,980 Equitas Small Finance Bank IPO Allotment & Listing:. 3. Select Equitas Small Finance Bank IPO and click on ‘Apply’. If you have any questions only by way of pledge in the depository system.. 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