The ESAF Small Finance Bank IPO, whose book-building issue is worth Rs 463 crore, is said to be a combination of the fresh issue of 6.51 crore shares through this issue. Bidding for the ESAF Small Finance Bank IPO opened for membership on November 3, 2023. And it will be closed on November 7, 2023. ESAF Small Finance Bank Limited IPO will be listed on BSE and NSE on Thursday, November 16, 2023, with a provisional listing date for allotment status. For detailed information, the ESAF Small Finance Bank IPO RHP can be checked.
ESAF Small Finance Bank Limited IPO Allotment Status
Here, we would like to make it clear to you that the range of the ESAF Small Finance Bank IPO has been fixed from Rs 57 to Rs 60 per share. And we know that the minimum lot size for any application is 250 shares. The minimum amount required for investment by retail investors is Rs 15,000.
According to ESAF Small Finance Bank Limited IPO Allotment Status, this issue includes the reservation of 2,283,653 shares to employees at a discount of ₹5 on the issue price. The minimum lot size investment for SNII is 14 lots, i.e., 3500 shares. And for BNII, it is 67 lots, i.e., 16750 shares. The amount of which has been fixed at Rs 1,005,000.
ESAF Small Finance Bank IPO Reservation
| Company name | ESAF Small Finance Bank |
| Category | IPO release date |
| IPO schedule date | 03 November 2023 to 07 November 2023 |
| Group of friends | Suryoday laghu vitt Bank limited
Spandana Sfurti financial limited Bandhan Bank limited Ujjivan Small Finance Bank Limited Equitas small finance Bank Limited |
| Company promotor | Kadambelil Paul Thomas
ESAF Financial Holdings Private Limited |
| Year | 2023 |
| Website | esafbank.com |
ESAF Small Finance Bank IPO Details
The IPO of ESAF Small Finance Bank will be held from November 3, 2023, to November 7, 2023, for which information regarding the listing date is yet to come and for which the price band has been fixed from ₹ 57 to ₹ 60 per share. ESAF Small Finance Bank IPO Details Under this, the face value per share has been fixed at ₹10.
If we talk about the total issue size and latest issue, then it is found to be Lal Yadav’s 77,166,667 shares and 65,116,667 shares, respectively. ESAF Small Finance Bank Limited IPO Allotment Status will be listed on BSE and NSE. An employee discount of ₹5 per share will be given.
ESAF Small Finance Bank IPO Form
How you can apply for the ESAF Small Finance IPO You can apply to learn about ESAF Small Finance Bank Limited IPO Allotment Status through ASBA, which is available in your bank account.
You just have to login to the online bank, go to the investment section, select ESAF Small Finance Bank IPO, and apply through your bank account. And according to the second option, you can apply for the ESAF Small Finance Bank IPO through the IPO form downloaded through NSE and BSE.
ESAF Small Finance Bank IPO Timeline (Tentative Schedule)
| Event | IPO open date | IPO close date | Allotment basis | Refunds initiation | Demat credit shares | Listing date |
| Date | 3 November 2023 Friday | 7 November 2023 Tuesday | 10 November 2023 Friday | 13 November 2023
Monday |
15 November 2023 Wednesday | 16 November 2023 Thursday |
ESAF Small Finance Bank IPO Lot Size
| Application | Retail min | Retail max | SHNI min | SHNI max | B-HNI min |
| Lots | 1 | 13 | 14 | 66 | 67 |
| Amount | 15000 | 195,000 | 210000 | 99,0000 | 1,005,000 |
| Share | 250 | 3250 | 3500 | 16500 | 16750 |
FAQs Related ESAF Small Finance Bank Limited IPO Allotment Status
When will the bidding for the ESAF Small Finance Bank IPO be held?
3 November 2023 to 7 November 2023
What is the ESAF Small Finance Bank IPO Investor Part?
50 percent for QIB, 35 percent for NII, and 10 percent for retail.
What is the size of the ESAF Small Finance Bank IPO?
463 crore rupees
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