ESAF Small Finance Bank IPO GMP, ESAF Small Finance Bank Grey Market Premium
Know all information about ESAF Small Finance Bank IPO: ESAF Small Finance Bank IPO GMP (ESAF Small Finance Bank Grey Market Premium), ESAF Small Finance Bank IPO Date, ESAF Small Finance Bank IPO Review, ESAF Small Finance Bank IPO Benefits & Risks. We will update ESAF Small Finance Bank GMP daily. Also, all information related to ESAF Small Finance Bank IPO like price band, all dates, issue size and retail parts etc. All the important information about ESAF Small Finance Bank IPO is given below.
ESAF Small Finance Bank IPO
ESAF Small Finance Bank (ESAF SFB) offers its banking services in urban, semi-urban, rural, and rural non-banking sectors. The IPO of ESAF Small Finance Bank Limited is expected in early 2022. ESAF Small Finance Bank Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 997.78 crore through IPO (Initial public offering).
ESAF Small Finance Bank IPO will open on January 2022 and close on January 2022. The price band of the ESAF Small Finance Bank IPO is ₹- to ₹-. The company is looking to raise around ₹997.78 crores through an initial public offering (IPO). ESAF Small Finance Bank IPO QIB quota is 75%, NII quota is 15% and RII quota is 10%. ESAF Small Finance Bank IPO listing date is - January 2022. ESAF Small Finance Bank Limited IPO GMP (Grey Market Premium) has not started yet.
ESAF Small Finance Bank has performed well in the last three financial years, the bank has been profitable for the last 3 financial years. ESAF Small Finance Bank IPO Size is ₹- crores. In this IPO, approx ₹197.78 worth of shares will be sold under OFS (Offer for sale) and the rest (Approx ₹800 Crores) will be sold under fresh issue. The IPO of ESAF Small Finance Bank will be listed on NSE and BSE. ESAF Small Finance Bank IPO face value is ₹- per equity share.
We will talk about ESAF Small Finance Bank's financial, benefits, and risks of investing in the company.
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What is ESAF Small Finance Bank IPO GMP Today?
ESAF Small Finance Bank IPO GMP is ₹.
What is the ESAF Small Finance Bank IPO Date?
ESAF Small Finance Bank IPO Opening date is January 2022.
What is ESAF Small Finance Bank IPO Expected Return?
ESAF Small Finance Bank IPO Expected Returns is approx -%.
About ESAF Small Finance Bank Limited
ESAF Small Finance Bank started its journey as an NGO during the year 1992. Presently ESAF Small Finance Bank (ESAF SFB) has emerged as one of the leading Small Finance Banks in India in terms of net interest margin, assets under management CAGR, customer base size. ESAF Small Finance Bank offers its banking services in urban, semi-urban, rural, and rural non-banking areas.
ESAF Small Finance Bank primarily focuses on expanding the banking horizon to the new non-banking/under banking sector. The financial track record of the company has been very good, the company had a profit of ₹ 190 crores in the financial year 2020, the same company has registered a profit of ₹ 105 crores in the financial year 2021.
As of 31st March 2021, ESAF SFB has 550 banking outlets spread across 21 states and 2 union territories. ESAF Small Finance Bank offers banking services like Debit Card, ATM, Safe Deposit Locker, Mobile Banking, Internet Banking, Agent Banking. In addition, ESAF Small Finance Bank also provides the facility of SMS Banking, RTGS, NEFT, CTS, etc.
Important Links:
- ESAF Small Finance Bank Website
- ESAF Small Finance Bank DRHP
- ESAF Small Finance Bank RHP
Purpose of the offer
- To prepay/repay all or a part of the dues raised by the company.
- To meet general corporate objectives.
ESAF Small Finance Bank GMP Today (Grey Market Premium)
[Note: ESAF Small Finance Bank IPO GMP has not started yet]
| DATE | GMP | KOSTAK | Subject to Sauda |
|---|---|---|---|
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹ | ₹ | ₹ |
| January | ₹- | ₹- | ₹- |
| January | ₹- | ₹- | ₹- |
ESAF Small Finance Bank IPO Date and Price Band Details
ESAF Small Finance Bank IPO open date: January 2022, Closing date: January 2022, and Listing date: January 2022. The price band of ESAF Small Finance Bank IPO is ₹- to ₹-per share. ESAF Small Finance Bank IPO issue size is Rs 997.78 crores. ESAF Small Finance Bank Ipo retails portion is 10%, QIB Portion is 75%, and NII Portion 15%.
| IPO Open: | January 2022 |
| IPO Close: | January 2022 |
| Listing Date: | January 2022 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹997.78 Crores |
| Fresh Issue: | Approx ₹800 Crores |
| Offer For Sale: | Approx ₹197.78 Crores |
| Price Band: | ₹- to ₹- per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
ESAF Small Finance Bank IPO Market Lot & Size
ESAF Small Finance Bank IPO's minimum lot size is - shares with ₹- application amount and the maximum lot size is - shares with ₹- application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | - Shares |
| Minimum Amount: | ₹- |
| Maximum Lot: | 13 |
| Maximum Lot Size: | - Shares |
| Maximum Amount: | ₹- |
ESAF Small Finance Bank IPO Allotment & Listing Date
| Ipo Opening Date: | January 2022 |
| IPO Closing Date: | January 2022 |
| Basis of Allotment: | January 2022 |
| Refund Date: | January 2022 |
| Credit to Demat Account: | January 2022 |
| Listing Date: | January 2022 |
ESAF Small Finance Bank IPO Review
HappiestPost View: To be updated.
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ESAF Small Finance Bank Ipo Review
[Not rated yet (To be updated)]
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- ESAF Small Finance Bank offers its banking services in urban, semi-urban, rural, and rural non-banking areas.
- Since the inception of the company, ESAF Small Finance Bank (ESAF SFB) has emerged as one of the leading Small Finance Banks in India in terms of Net Interest Margin, Assets Under Management, and Clients.
- ESAF Small Finance Banks are primarily focused on expanding banking horizons into the new non-banking/underbanking sector.
- The financials of the company have been good. The company made a profit of ₹105 crores in the financial year 2021, while the company had a profit of ₹190 crores in the financial year 2020.
- The company has an experienced and highly qualified management team.
- The company recorded a revenue of ₹ 1564 crore in the financial year 2020, the same revenue of ₹ 1767 crore in the financial year 2021.
Risks
- The bank is facing tough competition in the small finance sector.
- Due to the volatility in the interest rate, their net interest margin may fall which can have a negative impact on the company.
- The impact of the COVID-19 pandemic on the company's business and operations is still unknown.
- The company and its promoters are involved in several legal processes.
- A major part of the loans given by the company is unsecured.
ESAF Small Finance Bank Financials
ESAF Small Finance Bank Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2019 | ₹7,058 | ₹1,140 | ₹90 |
| 2020 | ₹9,469 | ₹1,546 | ₹190 |
| 2021 | ₹12,338 | ₹1,767 | ₹105 |
Promotors
The promoters of the company are:
- Kadambelil Paul Thomas
- ESAF Financial Holdings Private Limited
Contact Details of ESAF Small Finance Bank
ESAF Small Finance Bank Limited
Building No.VII/83/8, ESAF Bhavan,
Thrissur-Palakkad National Highway,
Mannuthy, Thrissur 680 651, Kerala
Tel: +91 487 7123 907
Website: www.esafbank.com
Company Secretary and Compliance Officer
E-mail: investor.relations@esafbank.com
ESAF Small Finance Bank Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
- IIFL Securities Limited
- Edelweiss Financial Services Limited
ESAF Small Finance Bank IPO Registrars
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bhadur Shastri Marg
Vikhroli (West), Mumbai - 400 083
Maharashtra, India
Tel: +91 022 4918 6200
E-mail: esaf.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance ID: esaf.ipo@linkintime.co.in
Conclusion
Banks are primarily focused on expanding banking horizons into the new non-banking/underbanking sector. If we look at the company's financials, then in the financial year 2021 the company made a profit of ₹ 105 crores, while in the financial year 2020 the company made a profit of ₹ 190 crores. ESAF Small Finance Bank Ltd has some good and some bad things that you can see in the "Strengths" and "Risks" sections above. Our suggestion will be updated when the ESAF Small Finance Bank IPO price band and other IPO details are announced.
ESAF Small Finance Bank IPO FAQs
What is ESAF Small Finance Bank IPO GMP Today?
ESAF Small Finance Bank IPO GMP is ₹- as of today.
What is ESAF Small Finance Bank IPO Opening Date?
ESAF Small Finance Bank IPO Opening date is January 2022.
What is ESAF Small Finance Bank IPO Closing Date?
ESAF Small Finance Bank IPO Closing date is January 2022.
What is the ESAF Small Finance Bank IPO Allotment date?
ESAF Small Finance Bank IPO Allotment Date is January 2022.
What is ESAF Small Finance Bank IPO Listing Date?
ESAF Small Finance Bank IPO Date is January 2022.
What is ESAF Small Finance Bank IPO Kostak Rate?
ESAF Small Finance Bank IPO Kostak rate is ₹-.
What is ESAF Small Finance Bank IPO Expected Returns?
ESAF Small Finance Bank IPO Expected Returns is -%.
Read More:
For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the ESAF Small Finance Bank Ltd IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "ESAF Small Finance Bank Ltd".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
Disclaimer
- We are not involved in gray market trading in any way. And do not provide the facility to buy or sell any IPO from IPO.
- Reference to IPO Grey Market Premium (IPO GMP) is valid only for the date specified in the header.
- We are not involved in the buying or selling of IPO form.
- Do not decide to subscribe to an IPO solely based on GMP (Grey Market Premium), as this can change at any time. Research the fundamentals and financial statements of companies before subscribing.
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