The Capital Small Finance Bank date has been confirmed from February 7, 2024 and closes on February 9, 2024. Read the post to learn about Capital Small Finance Bank IPO GMP.
Capacity Small Finance Bank through Fixed Price IPO of the amount of Rs. 450.00 crore. The share range is set at the interval of ₹445 to ₹468. To determine lot size for an application, 32 shares are the minimum required. Capital Small Finance Bank IPO GMP Today is ₹3. The minimum investment of an investor by retail investors is Rs 14,971. The st./bNII minimum investment unit size is 14(448) shares at ₹209664 and 67(2144) shares at ₹10,03392.
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Key Details Of Capital Small Finance Bank IPO:
Bidding Dates
Feb 7-9
Price Range
₹445 to ₹468 per share
Face Value
₹10 per share
GMP
₹3
Capital Small Finance Bank IPO GMP
The Capital Small Finance Bank IPO GMP Today is ₹3.
Capital Small Finance Bank IPO Overview
Capital Small Finance Bank has decided to do its initial public offer (IPO) through a computerized book-building process. The offering has two components. One is the green shoem fresh issue of Rs 450.00 crore. The other is the offer for sale of 0.16 crore shares. Capital Small Finance Bank’s IPO is slated to begin on February 7, 2024 and run till on February 9, 204. Capital Small Finance Bank today acts as an IPO of ₹3. Successfully concluding the allocation of Capital Small Finance Bank IPO stocks to subscribers will be a key milestone for the company by 12 February 2024. The IPO of the Capital Small Finance Bank for listing on both the BSE and the NSE will occur on Wednesday, February 14, 2024.
Capital Small Finance Bank’s IPO will float on 445-468 per share. The GMP (gray market price) of Capital Small Finance IPO (initial public offer) is ₹3. To a company that applies for the program, the minimum number of lots it is able to purchase is 32. The total investment for retail investors is at least ₹14,976. As for sNII hedgers, they would need to invest at least fourteen lots (448 shares) worth ₹280,208, while bNII hedgers will need sixty seven lot hedges (2144 shares) worth ₹1,011,332.
Capital Small Finance Bank IPO Details
| IPO Date | February 7, 2024 to February 9, 2024 |
| Listing Date | February 7, 2024 to February 9, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹445 to ₹468 per share |
| Lot Size | 32 Shares |
| Total Issue Size | ₹450.00 Cr |
| Fresh Issue | [.] shares (aggregating up to ₹450.00 Cr) |
| Offer for Sale | 1,561,329 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 35,350,636 |
Capital Small Finance Bank Limited Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 8,390.69 | 7,990.77 | 7,153.92 | 6,371.24 |
| Revenue | 415.22 | 725.48 | 632.40 | 557.27 |
| Profit After Tax | 54.39 | 93.60 | 62.57 | 40.78 |
| Net Worth | 711.76 | 610.61 | 515.78 | 450.79 |
| Reserves and Surplus | 12.60 | 12.06 | 14.71 | 10.73 |
| Total Borrowing | 572.76 | 721.38 | 498.43 | 616.72 |
| Amount in ₹ Crore | ||||
Capital Small Finance Bank IPO Timeline
| IPO Open Date | Wednesday, February 7, 2024 |
| IPO Close Date | Friday, February 9, 2024 |
| Basis of Allotment | Monday, February 12, 2024 |
| Initiation of Refunds | Tuesday, February 13, 2024 |
| Credit of Shares to Demat | Tuesday, February 13, 2024 |
| Listing Date | Wednesday, February 14, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 9, 2024 |
Company Profile
Small Infrastructure Finance Banking Corporation, Limited, being incorporated in 1999, is a small bank finance institution. For the first bid in the history of Philippine banking, CAP AcSFB as a microfinance institution was granted an SFB license in 2015. As a result of the organization’s a network whose branches are located in the smaller cities and rural areas the organization is considered to have a strong presence in these areas Capital Small Finance Bank specifically targets the large-sized middle-class customer segment which has an average yearly income between 0.4-5 million rupees. They plan to become the most favorite bank for individuals with the help of diversified offers in product line, classy customer service, physical as well as digital branch presence.
channels. The Point of presence of human small finance bank in Jalandhar, Punjab, the northern part of India which includes in Punjab, Haryana, Rajasthan, Delhi, Himachal Pradesh and Chandigarh Union Territory the headquarter of the bank has been strategically extended is the small finance bank (SFB operations). As of the Jun 30, 2023, Capital Small Finance Bank is covered by 5 Unit States and one Region Union with 172 Branches and 174 ATMs. Our bank through its branches was situated primarily in rural and semi-rural areas, covering 24 districts, and it together could serve about 75.90 customers in areas of credit and deposits.
The BSP concentrates in the financial services of the so called middle-income consumers mainly in the urban districts and fields. Without a doubt, the Lending program loans are almost “equivalent” to 99.8% of the value of the collateral asset while 85% are secured through the real estate. Different loan categories have varying average loan amounts: The borrower will be granted ₹1.23 million for agricultural loans, ₹1.82 million for small businesses, trading and mortgages. By the time of June this year, the number of employee is over a thousand which is 1827.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Capital Small Finance Bank Limited |
| Phone number | +91 181 5051111 |
| Email ID | [email protected] |
| Website | capitalbank.co.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Capital Small Finance Bank IPO FAQs
When Capital Small Finance Bank IPO will open?
The Capital Small Finance Bank IPO opens on February 7, 2024 and closes on February 9, 2024.
What is the lot size of Capital Small Finance Bank IPO?
Capital Small Finance Bank IPO lot size is 32 Shares, and the minimum amount required is ₹14,976.
When is Capital Small Finance Bank IPO allotment?
The finalization of Basis of Allotment for Capital Small Finance Bank IPO will be done on Monday, February 12, 2024, and the allotted shares will be credited to your demat account by Tuesday, February 13, 2024.
When is Capital Small Finance Bank IPO listing date?
The Capital Small Finance Bank IPO listing date is not yet announced. The tentative date of Capital Small Finance Bank IPO listing is Wednesday, February 14, 2024.
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