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ESAF Small Finance Bank IPO Date, Price, GMP, Market Lot, Share Market, Review, & Details

Today we are going to give you an update regarding the ESAF Small Finance Bank IPO. They have been planning to release their shares for the buyers in the share market through an Initial Public Offering. The institution has not been informed about the IPO date yet. when they will be starting to offer their share in the market. But the company got the permit from SEBI for IPO. We are going to provide you with all the necessary details about the company’s upcoming share lot size and market price.

As far as we know that company would like to raise ₹997.80 crores for IPO. This includes a fresh issue of ₹800 crores and an offer for sale up to ₹197.78 crores with a face value of ₹10 each. The retail quota is 10% with QTB 75% and HNI 15%.

ESAF Small Finance Bank IPO Date, Price, GMP, Market Lot, Share Market, Review, & Details

ESAF Small Finance Bank IPO Review & Company Details

Let’s see and know about the company’s background. ESAF Small Finance Bank is an Indian private corporation. They have incorporated in 1882 as an NGO. The company has around 500 institutions across 21 states and 2 Union Territories.

ESAF facilitates many banking services like ATMs, Debit Card, Safe Deposit Lockers, Internet Banking, Mobile Banking, Agent Banking, SMS Banking, RTGS, NEFT, CTS, etc. The Service includes Saving Account, Current Account, Recurring deposits, Fixed deposits, Fixed deposits, Loans, Micro Banking, and more.

These are important details that you should know: –

Partners How many shares will offer
PNB MetLife ₹21.33 crores
Bajaj Allianz Life ₹17.46 crores
PI Venture ₹8.73 crores
John Chakola ₹26 lakhs

ESAF Small Finance Bank IPO Date & Price Band

 IPO Open:  2021
 IPO Close:  2021
 IPO Size:  Approx ₹997.78 Crores
 Fresh Issue:  Approx ₹800 Crores
 Offer for Sale:  Approx ₹197.78 Crores
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹- to ₹- Per Share
 Listing on:  BSE & NSE
 Retail Quota:  10%
 QIB Quota:  75%
 NII Quota:  15%
 Discount:  N/A

ESAF Small Finance Bank IPO Market Lot

The ESAF Small Finance Bank IPO minimum market lot is – shares with ₹13,500 application amount. The retail investors can apply up-to – lots, – shares with ₹- application amount.

 Minimum Lot Size:  Shares for 1 lot
 Minimum Amount:  ₹- for 1 lot
 Maximum Lot Size:  Shares for – lot
 Maximum Amount:  ₹- for – lot

ESAF Small Finance Bank IPO Date, Time Table, Allotment & Listing

The ESAF Small Finance Bank IPO date is 2021 and the IPO close date is 2021. The allotment date is 2021 and the IPO may list in 2021.

 Price Band Announcement:  2021
 Anchor Investors Allotment:  2021
 IPO Open Date:  2021
 IPO Close Date:  2021
 Basis of Allotment:  2021
 Refunds:  2021
 Credit to Demat Account:  2021
 IPO Listing Date:  2021

We hope these are the details that we have provided will be useful for you in the future. The company has not mentioned their opening date of releasing its shares for IPO. So keep in touch with us for the future when they will announce their shares. For the company IPOs review and updates keep following on All Social Updates

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