Jana Small Finance Bank Limited IPO
Jana Small Finance Bank Limited was a mainboard IPO in the Other Bank sector, offered at ₹393–₹414 per share to raise ₹570 crore. The issue was subscribed 18.5× overall (QIBs 38.75×, NIIs 25.05×, retail 5.46×). It listed on 14 Feb 2024 at ₹396 and closed its first day at ₹368, a listing loss of -11.1% versus the ₹414 issue price. It now trades around ₹374 (-9.8% versus the issue price).
Frequently asked questions
- How many times was the Jana Small Finance Bank Limited IPO subscribed?
- The Jana Small Finance Bank Limited IPO was subscribed 18.5× overall — 38.75× in the QIB category, 25.05× among non-institutional investors, 5.46× in retail.
- What were the Jana Small Finance Bank Limited IPO listing gains?
- Jana Small Finance Bank Limited listed on 14 Feb 2024 at ₹396, closing its first day at ₹368 — a listing loss of -11.1% versus the ₹414 issue price.
- What were the retail allotment odds for the Jana Small Finance Bank Limited IPO?
- Retail was subscribed 5.46×, so a single-lot application had roughly a 18.3% chance of allotment (about 1 in 5), and allotment was finalised on 12 Feb 2024.
- What was the price band and lot size of the Jana Small Finance Bank Limited IPO?
- The price band was ₹393–₹414 per share, with a minimum lot of 36 shares (₹14,904 at the upper band).
- Who were the registrar and lead manager for the Jana Small Finance Bank Limited IPO?
- KFin Technologies Limited was the registrar, and Axis Capital was the book-running lead manager.