ESAF SMALL FINANCE BANK LIMITED IPO
ESAF SMALL FINANCE BANK LIMITED was a mainboard IPO, offered at ₹57–₹60 per share to raise ₹463 crore. The issue was subscribed 73.15× overall (QIBs 173.52×, NIIs 84.37×, retail 16.97×). It listed on 10 Nov 2023 and closed its first day at ₹69, a listing gain of +15.1% versus the ₹60 issue price. It now trades around ₹42 (-29.2% versus the issue price).
Frequently asked questions
- How many times was the ESAF SMALL FINANCE BANK LIMITED IPO subscribed?
- The ESAF SMALL FINANCE BANK LIMITED IPO was subscribed 73.15× overall — 173.52× in the QIB category, 84.37× among non-institutional investors, 16.97× in retail.
- What were the ESAF SMALL FINANCE BANK LIMITED IPO listing gains?
- ESAF SMALL FINANCE BANK LIMITED listed on 10 Nov 2023, closing its first day at ₹69 — a listing gain of +15.1% versus the ₹60 issue price.
- What were the retail allotment odds for the ESAF SMALL FINANCE BANK LIMITED IPO?
- Retail was subscribed 16.97×, so a single-lot application had roughly a 5.9% chance of allotment (about 1 in 17), and allotment was finalised on 6 Nov 2023.
- What was the price band and lot size of the ESAF SMALL FINANCE BANK LIMITED IPO?
- The price band was ₹57–₹60 per share, with a minimum lot of 250 shares (₹15,000 at the upper band).
- Who were the registrar and lead manager for the ESAF SMALL FINANCE BANK LIMITED IPO?
- Link Intime India Private Limited was the registrar to the issue.