Suryoday Small Finance Bank, often known as Suryoday Bank, will become public on March 17, 2021, and will close on March 19, 2021.
Suryoday Bank is situated in Mumbai and plans to generate around 582 crore through an initial public offering (IPO). Suryoday Bank was established in 2008 in Mumbai. They are one of India’s prominent small financing banks. They service customers who are unbanked or underbanked. They have a presence in ten states and serve 1.25 million clients. They offer banking services as well as microfinance loans to individuals and businesses. They offer credit products such as MFI loans, Vikas loans, Shopkeeper loans, and so on. Along with traditional banking channels, they offer digital
banking, NPCI payment systems, and mobile technology. Look for information on the Suryoday Bank IPO date, price band, and market lot.
About Suryoday Bank
Suryoday Small Finance Bank is a brand new bank that launched on January 23rd, 2017. Our objective is to provide the greatest banking solutions to the ‘banked,’ ‘under-banked,’ and ‘un-banked‘ sections of society. Our feature-rich products are designed to provide the highest possible benefits to meet a variety of financial requirements. As always, our priority will be to provide the best ‘Customer Experience‘ in the industry.
Important Details about IPO:
- Earnings Per Share (EPS): ₹13.3
- Price/Earnings (PE ratio): 22.78 to 22.93
- Return on Net Worth (RONW): 10.43
- Net Asset Value (NAV): ₹123.13 Per Share
Suryoday Bank IPO Review
- Apply for Short Term and Long Term Gain
Brokerage Firm IPO Reviews
- Axis Capital: None
Suryoday Bank IPO GMP, Date & Price Band
| IPO Open: | 17 March 2021 |
| IPO Close: | 19 March 2021 |
| IPO Size: | Approx ₹582.34 Crore |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹303 to ₹305 Per Share (Approx) |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 19,093,070 Shares |
Suryoday Bank IPO Market Lot
| Minimum Lot Size: | Minimum 49 Shares |
| Minimum Amount: | ₹14,945 |
| Maximum Lot Size: | Maximum 637 Shares |
| Maximum Amount: | ₹194,285 |
Suryoday Bank IPO Allotment & Listing
| Basis of Allotment: | 24 March 2021 |
| Refunds: | 24 March 2021 |
| Credit to Demat Account: | 25 March 2021 |
| Listing Date: | 30 March 2021 |
Suryoday Bank IPO Form
How to apply the Suryoday Bank IPO? –> You can apply Suryoday Bank IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Suryoday Bank IPO in the Invest section. The other option you can apply Suryoday Bank IPO via IPO forms download via NSE and BSE. Check out the Suryoday Bank forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
Suryoday Bank Company Financial Report
| ₹ in Crore | Revenues | Expenses | Net Income |
|---|---|---|---|
| 2017 | – | – | – |
| 2018 | 325 | 313 | 11.50 |
| 2019 | 597 | 507 | 90.40 |
| 2020 | 854 | 743 | 111.20 |
| 2021 – 9M | 689 | 634 | 54.87 |
Suryoday Bank IPO Registrar
Kfin Technologies Private Limited
(formerly known as Karvy Fintech Private Limited)
Selenium, Tower B,
Plot No. – 31 and 32 Financial District Nanakramguda,
Serilingampally Hyderabad, Rangareddi 500032
Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: https://www.kfintech.com
Investor grievance ID: [email protected]
Contact Person: M.Murali Krishna
SEBI Registration Number: INR00000022
Company Address
SURYODAY SMALL FINANCE BANK LIMITED
Unit No. 1101, Sharda Terraces, Plot No. 65,
Sector 11, CBD Belapur, Navi Mumbai
400 614, Maharashtra, India
Tel: +91 22 4043 5800
Website: https://www.suryodaybank.com
Contact Person: Geeta Krishnan
Company Secretary and Compliance Officer
E-mail: [email protected]
Corporate Identity Number:
U65923MH2008PLC26147
Suryoday Bank IPO Lead Managers
- Axis Capital Limited
- ICICI Securities Limited
- IIFL Securities Limited
- SBI Capital Markets Limited
Company Promoters
- BASKAR BABURAMACHANDRAN
- P. SURENDRA PAI
- P. S. JAGDISHAND
- G. V. ALANKARA
Suryoday Bank IPO FAQs
Q1. When Suryoday Bank IPO will open for QIB, NII, and Retail?
Ans. The IPO is to open on 17 March 2021 for QIB, NII, and Retail Investors.
Q2. What is Suryoday Bank IPO Investors Portion?
Ans. The investors’ portion for QIB-50%, NII-15%, and Retail 35%.
Q3. How to Apply the Suryoday Bank IPO?
Ans. You can apply Suryoday Bank IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q4. How to Apply the Burger King IPO through Zerodha?
Ans. Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Suryoday Bank”. 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.
Q5. What is Suryoday Bank IPO Size?
Ans. Suryoday Bank IPO size is ₹582.34 crores.
Q6. What is Suryoday Bank IPO Price Band?
Ans. Suryoday Bank IPO Price Band is ₹303 – ₹305.
Q7. What is Suryoday Bank IPO Minimum and Maximum Lot Size?
Ans. The minimum bid is 49 Shares with ₹14945 amount while maximum bid is 637 shares with ₹194285.
Q8. What is Suryoday Bank IPO Allotment Date?
Ans. Suryoday Bank IPO allotment date is 24 March 2021.
Q9. What is Suryoday Bank IPO Listing Date?
Ans. Suryoday Bank IPO listing date is 30 March 2021. The IPO to list on BSE and NSE.
