The Capital Small Finance Bank Limited dates will be updated soon .
Capital Small Finance Bank began operations as India’s first Small Finance Bank on April 24, 2016, following the conversion of Capital Local Area Bank. Prior to its conversion to a Small Finance Bank, Capital Local Area Bank had been India’s largest local area bank since January 14, 2000.
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Bidding Dates
Coming Soon
Price Range
₹ to ₹ per share
Face Value
₹ per share
GMP
₹ [ ]
Capital Small Finance Bank Limited GMP
The Capital Small Finance Bank Limited IPO GMP is ₹[ ].
IPO Overview
The bank was a pioneer in offering low-cost contemporary financial services to rural communities. Since its inception, the bank has provided 7-day branch banking with extended banking hours. Most of the branches quickly became market leaders in their respective centers. The bank is lowering the local community’s reliance on moneylenders by making need-based financing freely accessible. The bank has opened 121 new branches since transitioning to a small finance bank, bringing the total number of branches to 170. Following its strong presence in the state of Punjab, the bank has begun expansion in the states of Delhi, Haryana, Rajasthan, and Himachal Pradesh, as well as the Union Territory of Chandigarh. The bank’s entire activity has surpassed INR 12,000 crores, with over 8,97,000 accounts. As of March 31, 2023, the bank did 70% of its business in rural and semi-urban areas, with priority sector lending accounting for 78.85% of Adjusted Net Bank Credit.
As of March 31, 2023, 65.49% of total advances were made to borrowers with average ticket sizes of INR 25 lacs or less. The Reserve Bank of India gave Capital Small Finance Bank Scheduled Status in a notification dated February 16, 2017.
Capital Small Finance Bank Unlisted Share Details
| Name | Capital Small Finance Bank Unlisted Share Details |
| Face Value | INR 10 per share |
| ISIN Code | INE646H01017 |
| Lot Size | 100 shares |
| Demat Status | NSDL, CDSL |
| Capital Small Finance Bank Unlisted Share Price | INR 410 per share |
| Market Cap | INR 1,404 crore |
| Total Number of Shares | 34,252,454 shares |
| Website | www.capitalbank.co.in |
Capital Small Finance Bank Unlisted Share Details: Shareholding Pattern
The top 10 equity shareholders of the company as of March 31, 2021:
| Shareholder Name | % to Holding | No. of shares |
| Sarvjit Singh Samra | 12.24 | 4,174,619 |
| Oman India Joint Investment Fund II | 9.82 | 3,346,914 |
| Santokh Singh Chhokar | 5.16 | 1,760,000 |
| PI Ventures LLP | 4.95 | 1,686,980 |
| Amarjit Singh Samra | 4.81 | 1,640,864 |
| Amicus Capital Private Equity I LLP | 4.43 | 1,511,535 |
| HDFC Life Insurance Company Limited | 4.09 | 1,394,400 |
| Small Industries Development Bank of India | 3.96 | 1,349,650 |
| ICICI Prudential Life Insurance Company Limited | 3.88 | 1,322,400 |
| Surinder Kaur Samra | 2.75 | 936,486 |
Capital Small Finance Bank Unlisted Share Details: Financial Metrics
| Particulars | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
| Revenue | 458.13 | 511.44 | 578.21 | 676.01 |
| Expenses | 475.71 | 516.51 | 569.83 | 631.89 |
| Net income | 25.38 | 40.78 | 62.57 | 93.60 |
| Margin (%) | 5.54 | 7.97 | 10.82 | 13.85 |
| ROE (%) | 7.72 | 9.51 | 12.95 | 16.62 |
| CAR (%) | 19.11 | 19.80 | 18.63 | 18.87 |
| NPA (%) | 1.25 | 1.13 | 1.36 | 1.36 |
| EPS | 8.18 | 11.98 | 18.22 | 27.21 |
| Dividend (per share) | – | 0.80 | 1.00 | 1.20 |
Capital Small Finance Bank Unlisted Share Peer Comparison
| Company | 3-yr ( Sales CAGR (%)) | PE Ratio | Book Value | Net Margin (%) | MCap((INR crore)) |
| Capital Small Finance Bank | 13.86 | 15.07 | 117.36 | 13.85 | 1,404 |
| AU Small Finance Bank | 24.2 | 31.8 | 165.0 | 17.40 | 49,195 |
| Equitas Small Finance Bank | 16.3 | 14.7 | 46.4 | 13.79 | 9,820 |
Company Profile
In February 2017, the Reserve Bank of India granted scheduled status to Capital Small Finance Bank. It commenced operations on April 24, 2016, becoming India’s first small finance bank after converting from Capital Local Area Bank. Since January 14, 2000, it had been the largest local area bank in India. With 47 branches, the bank transitioned from a local area bank to a small finance bank. Currently, it has established 112 new branches, bringing the total number to 159 branches. Initially operating in Punjab, the bank has expanded its presence to Haryana, Rajasthan, Delhi, and the union territory of Chandigarh.
The bank’s business primarily comes from rural and semi-urban areas, accounting for 71.12% of its operations. It has opened a total of 685,599 accounts. As of June 30, 2021, the bank operates 161 ATMs, with 74% of its branches located in rural and semi-urban areas. Capital Small Finance Bank offers a range of products, including agriculture loans, trading and MSME loans, and mortgages. As of June 30, 2021, the loan book amounted to Rs. 3,680.8 crore. Agriculture loans make up 36.88% of the loan book, while MSME and trading loans account for 26.08%. Mortgages constitute 22.66% of the loan book.
IPO Strenghts
- 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.
