Equitas Small Finance Bank IPO :- Equitas Small Finance Bank is Incorporated in Chennai in 2007. The bank offers a number of banking products and services to customers like Fixed deposits, Saving and current accounts, Personal loans as well as Microfinance loans to its customer.
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Equitas Small Finance Bank IPO details
Subscription Dates | 20 -22 October 2020 |
Price Band | 32-33 per share |
Fresh issue | INR280 crore |
Offer For Sale | 72,000,000 shares (INR230.4 – 237.6 crore) |
Total IPO size | INR510.4 – 517.6 crore |
Minimum bid (lot size) | 450 shares |
Face Value | INR10 per share |
Retail Allocation | 35% |
Listing On | NSE, BSE |
Equitas Bank’s financial performance (in INR crore)
FY2018 | FY2019 | FY2020 | Q1 FY2021 | |
Revenue | 1,772.9 | 2,394.8 | 2,927.8 | 751.0 |
Expenses | 1,741.1 | 2,184.3 | 2,684.2 | 693.3 |
Net income | 31.8 | 210.6 | 243.6 | 57.7 |
Net margin (%) | 1.8 | 8.8 | 8.3 | 7.7 |
Equitas Small Finance Bank Contact Details
Equitas Small Finance Bank Limited
Address:- 4th Floor, Phase II, Spencer Plaza No. 769,
Mount Road, Anna Salai Chennai 600 002,
Tamil Nadu Phone: +91 44 4299 5000
Email : [email protected]
Website: www.equitasbank.com