ESAF Small Finance Bank Ltd

ESAF Small Finance Bank Ltd IPO

IPO Price Range: ₹57 - 60

ESAF Small Finance Bank Limited is a small finance bank headquartered in Kerala with a focus on unbanked and under-banked customer segments, especially in rural and semi-urban centres. Its primary products are its advances and deposits (current accounts, savings accounts, term deposits and recurring deposits). Its advances comprise: (a) micro loans, comprising microfinance loans (loans made in compliance with RBI Regulatory Framework for Microfinance Loans Direction, 2022) and other micro loans; (b) retail loans, which includes gold loans, mortgages, personal loans, and vehicle loans; (c) loans to micro, small and medium enterprises (MSMEs); (d) loans to financial institutions; and (e) agricultural loans.

Min Investment

₹15,000

IPO Size

₹463 Cr

IPO Status

Closed

Quantity in 1 Lot

250

Max Bid allowed

13

Listing Exchange

NSE

IPO Application Timeline of ESAF Small Finance Bank Ltd

Open Date3 Nov 2023
Close Date7 Nov 2023
Allotment Date10 Nov 2023
Listing Date16 Nov 2023

Key Statistics

Bid Opening DateBid Opening Date3 Nov 2023
Bid Closing DateBid Closing Date7 Nov 2023
Allotment DateAllotment Date10 Nov 2023
Issue SizeIssue Size₹463Cr
Quantity in 1 lotQuantity in 1 lot250

About ESAF Small Finance Bank Ltd

OrganisationESAF Small Finance Bank Ltd
HeadquartersTrissur
IndustryBanks

Frequently Asked Questions

  • What is the size of the ESAF Small Finance Bank Ltd IPO?

    The size of the ESAF Small Finance Bank Ltd IPO is ₹463Cr .

  • What is 'pre-apply' for ESAF Small Finance Bank Ltd IPO?

    'Pre-apply' for ESAF Small Finance Bank Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my ESAF Small Finance Bank Ltd IPO order be placed?

    Your ESAF Small Finance Bank Ltd IPO order will be placed on 3 Nov 2023.

  • What are the open and close dates of the ESAF Small Finance Bank Ltd IPO?

    The open and close dates of the ESAF Small Finance Bank Ltd IPO are 3 Nov 2023 to 7 Nov 2023.

  • What is the lot size and minimum order quantity of the ESAF Small Finance Bank Ltd IPO?

    The lot size and minimum order quantity of the ESAF Small Finance Bank Ltd IPO are 250 and 250 respectively.

  • What would be the listing gains on the ESAF Small Finance Bank Ltd IPO?

    The potential listing gains on the ESAF Small Finance Bank Ltd IPO will depend on various market factors and cannot be predicted with certainty.