The ESAF SFB, or ESAF Small Finance Bank, IPO date has not yet been released; however, the company has received SEBI approval for an IPO. The ESAF Small Finance Bank IPO would raise 997.78 crores through an IPO that will include a fresh issue of 800 crores and an offer for sale of up to 197.78 crores of 10 apiece. The retail quota is 10%, with 75% going to QIBs and 15% going to
HNIs. SEBI authorized ESAF Small Finance Bank’s IPO, and the dates may be announced soon. They are an Indian small finance bank that started as an NGO in 1992. ESAF SFB operates around 550 banking branches in 21 states and two union territories. ATMs, debit cards, safe deposit lockers, internet banking, mobile banking, agent banking, SMS banking, RTGS, NEFT, CTS, and other modern banking services are also available from ESAF SFB. Savings accounts, current accounts, recurring deposits, fixed deposits, loans, microbanking, and other services are available.
Important Details:
- The company reported ₹105 crores of profit in 2021 against ₹190 crores in 2020.
- The company reported ₹1767 crores of revenues in 2021 against ₹1564 crores in 2020.
- PNB MetLife will offer shares of ₹21.33 crores.
- Bajaj Allianz Life will offer shares of ₹17.46 crore.
- PI Ventures will offer a share worth ₹8.73 crore.
- John Chakola will offer shares worth ₹26 lakh.
ESAF Small Finance Bank IPO GMP, Date and Price Band
| IPO Open: | November 3, 2023 |
| IPO Close: | November 7, 2023 |
| IPO Size: | Approx ₹997.78 Crores |
| Fresh Issue: | Approx ₹800 Crores |
| Offer for Sale: | Approx ₹197.78 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹57 to ₹60 per equity |
| Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
ESAF Small Finance Bank IPO Market Lot
The ESAF Small Finance Bank IPO minimum market lot is – shares with ₹- application amount. The retail investors can apply up-to – lots, – shares with ₹- application amount.
| Minimum Lot Size: | Minimum – Shares for 1 lot |
| Minimum Amount: | ₹- for 1 lot |
| Maximum Lot Size: | Maximum – Shares for – lot |
| Maximum Amount: | ₹- for – lot |
ESAF Small Finance Bank IPO Review
- To be updated soon
Brokerage Firm IPO Reviews
- ICICI Securities: –
- Axis Bank: –
- JM Financial: –
- Kotak Securities: –
- Angel Broking: –
- Arihant Capital Market: –
- HDFC Securities: –
- Capital Market: –
- Hem Securities: –
- IIFL Securities: –
- KR Choksey: –
- Marwadi Shares and Finance: –
- Reliance Securities: –
- Religare Broking: –
- Ventura Capital: –
ESAF Small Finance Bank IPO Date, Time Table, Allotment & Listing
The ESAF Small Finance Bank IPO date is 2022 and the IPO close date is 2022. The allotment date is 2022 and the IPO may list on 2022.
| Price Band Announcement: | 2022 |
| Anchor Investors Allotment: | 2022 |
| IPO Open Date: | 2022 |
| IPO Close Date: | 2022 |
| Basis of Allotment: | 2022 |
| Refunds: | 2022 |
| Credit to Demat Account: | 2022 |
| IPO Listing Date: | 2022 |
ESAF Small Finance Bank Company Financial Report
| ₹ in Crores | Revenue | Expense | PAT |
|---|---|---|---|
| 2019 | ₹1141 | ₹1051 | ₹90.28 |
| 2020 | ₹1546 | ₹1356 | ₹190.39 |
| 2021 | ₹1767 | ₹1662 | ₹105.40 |
ESAF Small Finance Bank IPO Form
How to apply the ESAF Small Finance Bank IPO? –> You can apply for the ESAF Small Finance Bank IPO by using your bank account’s ASBA. Go ahead and log in to your online bank and apply through your bank account by selecting the ESAF Small Finance Bank IPO in the Invest section. You can also apply for the ESAF Small Finance Bank IPO by downloading the IPO forms from the NSE and BSE. Review the ESAF Small Finance Bank forms.
Company Promoters
- Kadambelil Paul Thomas
- ESAF Financial Holdings Private Limited
ESAF Small Finance Bank IPO Registrar
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: https://www.linkintime.co.in
Investor Grievance ID: esaf.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR000004058
Company Address
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: https://www.esafbank.com
Contact Person: Ranjith Raj P
Company Secretary and Compliance Officer
E-mail: investor.relations@esafbank.com
Corporate Identity Number: U65990KL2016PLC045669
ESAF Small Finance Bank IPO Lead Managers
- Axis Capital Limited
- Edelweiss Financial Services Limited
- ICICI Securities Limited
- IIFL Securities Limited
ESAF Small Finance Bank IPO FAQs:
Q1. What is ESAF Small Finance Bank IPO?
Ans. ESAF Small Finance Bank IPO is a main-board IPO. They are going to raise ₹997.78 Crores via IPO. The issue is priced at ₹- to ₹- per equity share. The IPO to be listed on BSE & NSE.
Q2. When ESAF Small Finance Bank IPO will open?
Ans. The IPO is to open on 2022 for QIB, NII, and Retail Investors.
Q3. What is ESAF Small Finance Bank IPO Investors Portion?
Ans. The investors’ portion for QIB is 75%, NII 15%, and Retail 10%.
Q4. How to Apply the ESAF Small Finance Bank IPO?
Ans. You can apply ESAF Small Finance Bank IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the ESAF Small Finance Bank IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “ESAF Small Finance Bank Finance”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the ESAF Small Finance Bank IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “ESAF Small Finance Bank Finance”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.
Q7. What is ESAF Small Finance Bank IPO Size?
Ans. ESAF Small Finance Bank IPO size is ₹997.78 crores. The IPO comprises ₹800 crores of fresh issues and offers for sale of ₹197.78 crores.
Q8. What is ESAF Small Finance Bank IPO Price Band?
Ans. ESAF Small Finance Bank IPO Price Band is ₹57 to ₹60 per equity.
Q9. What is ESAF Small Finance Bank IPO Minimum and Maximum Lot Size?
Ans. 250 Shares, and the minimum amount required is ₹15,000.
Q10. What is ESAF Small Finance Bank IPO Allotment Date?
Ans. ESAF Small Finance Bank IPO allotment date is November 8, 2023.
Q11. What is ESAF Small Finance Bank IPO Listing Date?
Ans. ESAF Small Finance Bank IPO listing date is November 10, 2023. The IPO to list on BSE and NSE.
