Equitas Small Finance Bank may launch IPO on October 20, to raise Rs 532 crore. The initial public offer (IPO) of Equitas Small Finance Bank (ESFB) is expected to be launched on October 20, 2020. The issue was earlier scheduled for subscription by the end of March 2020. However, the offer was put on hold due to the spread of COVID-19 disease.
The fresh issue of equity shares for its proposed IPO was revised recently downward to Rs 280 crore from Rs 550 crore planned earlier. The IPO consists of a fresh issue of 8 crore equity shares and an offer for sale of 7.2 crore equity shares.
Equitas Small Finance Bank IPO Allotment & Listing Details:
Equitas Small Finance Bank IPO allotment date is 28 October 2020.
Equitas Small Finance Bank IPO Allotment Date | 28-Oct-20
|
Equitas Small Finance Bank IPO Listing Date | 02-Nov-20 |
Equitas Small Finance Bank IPO Basis of Allotment | 51:2 |
Check Mazagon Dock IPO Allotment Here:
Note: Equitas Small Finance Bank IPO Allotment Status will be available whenever the Registrar of IPO will put on their official sites.
# Option 1: BSE Website:
- Go to BSE Website
- Check box "Equity"
- Select IPO Name Equitas SFB
- Type Your Application Number
- Type Your Pan Number
# Option 2: Kfintech Website
- Go to Kfintech Website
- Select IPO Name Equitas Small Finance Bank IPO
- Select Option from PAN Number, Application Number or Demat Account Number
- As per selection add PAN Number, Application Number or Demat Account Number
# Option 3: in Your Demat Account:
- Call Your Broker or Login to Your Demat Account / Trading Account
- Check the stock is credited to your account or not
# Option 4: in Your Bank Account:
- Login to your Bank Account
- Check the Amount is debited or released
Equitas Small Finance Bank IPO Subscription Numbers
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.0x | 0.0x | 0.0x |
| HNI | 0.0x | 0.0x | 0.0x |
| RII | 0.0x | 0.0x | 0.0x |
| EMP | 0.0x | 0.0x | 0.0x |
| Total | 0.0x | 0.0x | 0.0x |
Equitas Small Finance Bank IPO Dates & Price Band:
Issuer Equitas Small Finance Bank Ltd (ESFBL) Issue Type Book Built Issue IPO Issue Period Issue Opens: Sep 29, 2020 Issue Closes: Oct 1, 2020 Price Brand ₹34 to ₹35 per equity share Issue Size ₹532 Crores (Approx) Face Value Rs.10 per Equity Share Market Lot 103 Shares and in multiples thereof Maximum Bid amount for Retail Rs. 2 Lakhs QIB 50% of the issue size NIB 15% of the issue size Retail Individual Bidders 35% of the issue size Offer for Sale ₹ Cr Fresh Issue ₹280 Cr Listing at NSE & BSE Apply With Any ASBA Book Running Lead Managers Grey Market Price Equitas Bank IPO GMP
Equitas Small Finance Bank IPO Market Lot:
| Lot Size: | Minimum 428 Shares & Maximum 5564 Shares |
| Minimum Amount: | ₹14980 |
| Maximum Amount: | ₹194,740 |
Equitas Small Finance Bank IPO Allotment & Listing:
| Basis of Allotment: | 27 October 2020 |
| Refunds: | 28 October 2020 |
| Credit to Demat Account: | 29 October 2020 |
| Listing Date: | 02 November 2020 |
Equitas Small Finance Bank IPO Allotment FAQs:
When is Equitas SFB IPO Allotment Date?
Equitas SFB Dock IPO Allotment date is 27 October 2020.
What will be Equitas SFB IPO Refund Date?
The IPO refund date is 28 October 2020.
What is the chance to get the Equitas SFB IPO Allotment?
The IPO allotment is based of the subscription. As per the retail application received the basis of allotment will be around 51:2
How to check the Equitas SFB IPO Allotment?
Check Equitas SFB IPO allotment via your PAN number, the application number, or amount deducted in your bank.
