The Fincare Small Finance Bank Ltd IPO date will be updated soon. Read the post to learn about Fincare Small Finance Bank Ltd IPO GMP.
Fincare Small Finance Bank has filed a prospectus for a Rs 1330 crore original public immolation( IPO), with Rs 330 crore in new stock and Rs 1,000 crore in offer for trade equity. Fincare SFB serves India’s unbanked and underbanked populations in pastoral areas.
Start your investing journey today. Find the latest information on Upcoming IPOs.
Key Details Of Fincare Small Finance Bank Ltd IPO:
Bidding Dates
Coming Soon
Price Range
₹0 per share
Face Value
₹0 per share
GMP
₹0
Fincare Small Finance Bank Ltd GMP
The Fincare Small Finance Bank Ltd IPO GMP Today is ₹[].
Fincare Small Finance Bank Ltd IPO Overview
Fincare Small Finance Bank said it plans to raise its league I capital base with the net proceeds of the new Issue to satisfy its bank’s unborn capital requirements. Fincare Business Services Limited may offer up to 1.49 crore equity shares, Wagner may offer up to 4.7 lakh equity shares, True North Fund V LLP may offer up to 4.4 lakh equity shares, Indium IV( Mauritius) effects Limited may offer up to4.3 lakh equity shares. Omega TC effects PTE may offer up to 2.3 lakh equity shares in the equity share immolation.
Fincare Small Finance Bank IPO Financials
| Particulars | FY 2021 | FY 2020 | FY 2019 |
| Revenue From Operation | NA | NA | NA |
| EBITDA | 1,471.10 | 2,196.29 | 1,224.95 |
| EBITDA Margin (%) | NA | NA | NA |
| Profit After Tax | 1,434.49 | 1,019.80 | 975.50 |
| EPS | NA | NA | NA |
| ROE | 18.41 | 22.00 | 24.76 |
Fincare Small Finance Bank Peer Comparison
| Company Name | Total Income (in Rs million) | P/E | EPS |
| Fincare Small Finance Bank Ltd. | 12,157.20 | NA | 24.43 |
| Peer Group | |||
| AU Small Finance Bank Ltd. | 49,919.76 | 41.35 | 22.78 |
| Bandhan Bank Limited | 30,237.37 | 16.58 | 18.78 |
| CreditAccess Grameen Ltd. | 17,054.80 | 25.89 | 23.20 |
| Equitas Small Finance Bank Ltd. | 29,277.96 | 24.27 | 2.39 |
| Ujjivan Small Finance Bank | 30,258.10 | 13.56 | 2.19 |
| Spandana Sphoorty Financial Ltd | 14,695.06 | 10.61 | 56.21 |
| Suryoday Small Finance Bank Ltd. | 8,541.38 | 18.39 | 13.38 |
Fincare Small Finance Bank Ltd Company Financial Report
| Year (₹ in Crores) | Revenue | Expense | PAT |
| 2021 | ₹1568 | ₹1420 | ₹106.20 |
| 2022 | ₹2024 | ₹1906 | ₹82.66 |
| 2023 | ₹2566 | ₹2391 | ₹122.95 |
| 2024 3M | ₹658 | ₹612 | ₹34.83 |
Company Profile
The small backing bank primarily serves pastoral India’s unbanked and underbanked populations. According to a CRISIL assessment, Fincare SBF had the loftiest growth rate in advances among peers between 2017 and 2020. Fincare provides MSMEs, individual consumers, and other unorganized businesses with banking services, access to savings, and other financial products. Marquee investors backed the bank and promoters, including True North Fund VLLP, Wagner Limited, Tata openings Fund, LeapFrog Investments, SIDBI, Kotak Mahindra Life Insurance, and Edelweiss Tokio Life Insurance.
Fincare Small Finance Bank Ltd is a ‘digital-first’ SFB emphasizing underserved and unbanked client orders, particularly in pastoral and semi-urban areas.
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.
Fincare Small Finance Bank Ltd FAQs
When will Fincare Small Finance Bank Ltd. list on exchanges?
It usually takes ten working days from the last day of subscription to list the IPO on the bourses.
What would be the listing gains on Fincare Small Finance Bank Ltd. IPO?
Listing gain is the difference between the IPO’s opening and offer prices.
The listing gain results from changing investors’ interests, global parameters, and short vs long-term outlooks.
I have finished the application process for Fincare Small Finance Bank Ltd. IPO, but the funds are not yet debited. What is the reason?
The bank initially blocks the amount you bid for an IPO. It will debit the amount when the shares get allotted or unblock it after the UPI mandate expiry date.
How to approve the UPI mandate request for Fincare Small Finance Bank Ltd. IPO?
Login to your UPI handle and approve the payment mandate to complete the IPO application process.
Can I submit more than one application for the public issue of Fincare Small Finance Bank Ltd. using one PAN?
You can submit only one application using one PAN card.
What is the minimum order quantity for Fincare Small Finance Bank Ltd. IPO?
The minimum size of the application will be one lot.
Leave a Reply