Suryoday SFB IPO details, Review , GMP, Market Lot

Suryoday small finance bank founded in 2008 by Baskar Babu Ramachandran,P. Surendra Pai, P. S. Jagdish and G. V. Alankara.

Suryoday Small Finance Bank is a leading Small Finance Bank(SFB) in India.

The company started offering Small Finance services in 2017. Before that, the company operated as an NBFC.

Click here:- Check out Suryoday Small Finance Bank IPO Grey market Premium & GMP

As of July 31, 2020, the company had 482 Banking Outlets and had a customer base of 14.3 lakh. The company operates predominantly in urban and semi-urban locations.

Offer credit products like MFI loans, Vikas Loans, Shopkeeper Loans, etc. Offer digital banking, NPCI payment systems, and mobile technologies along with banking through traditional channels. Focus on the unserved and the underserved through innovative banking practices. Offers diversified asset portfolio with a focus on retail operations.

Suryoday Small Finance Bank IPO details
Subscription Dates 17 – 19 March 2021
Price Band INR303 – 305 per share
Fresh issue 8,150,000 shares (INR 246.94 – 248.57 crore)
Offer For Sale 10,943,070 shares (INR 331.57 – 333.76 crore)
Total IPO size 19,093,070 shares (INR 578.52 – 582.34 crore)
Minimum bid (lot size) 49 shares
Face Value INR 10 per share
Retail Allocation 35%
Listing On NSE, BSE
Suryoday Small Finance Bank IPO Market Lot
Minimum Lot Size 49 Shares
Amount 14,945 Rs
Maximum Lot Size 637 Shares
Maximum Amount 194,285 Rs

Registrar of Suryoday Small Finance Bank IPO

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]

Suryoday Suryoday Small Finance Bank Contact Details

Suryoday Small Finance Bank Limited
Unit No. 1101, Sharda Terraces,
Plot No. 65, Sector 11,
CBD Belapur, Navi Mumbai 400 614
Phone: +91 22 4043 5800
Email: [email protected]

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