Exchanges
BSE, NSE
Industry
Other Bank
Issue
Book building

Equitas Small Finance Bank IPO

₹32.80

−0.61% on listing

Listing-day close · NSE · 2 Nov 2020 · issue price ₹33

Equitas Small Finance Bank’s ₹518 crore IPO was priced at ₹33 a share. It listed on the NSE on 2 Nov 2020 and closed its first day at ₹32.80, down 0.61% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹518 Cr
Fresh issue
₹280 Cr
Offer for sale
₹238 Cr
Lot size
450 shares
Minimum investment
₹14,850
Face value
₹10
Registrar
Kfin Technologies

Subscription

Equitas Small Finance Bank IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.53×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,756 Cr
Promoter holding
95.49% → 82.05%

From the offer documents.

Listing

Listing date
2 Nov 2020
Issue price
₹33
Open
₹31.10
High
₹33.15
Low
₹30.05
Close
₹32.80

Listing day on the NSE. The close was −0.61% on the issue price.

EQUITASBNK share price today

FAQs

When did the Equitas Small Finance Bank IPO open and close?

It opened on 20 Oct 2020 and closed on 22 Oct 2020.

What was the Equitas Small Finance Bank IPO price?

The price band was ₹32–33 a share. The final issue price was ₹33.

What is the lot size and minimum investment?

One lot is 450 shares, ₹14,850 at ₹33 a share. Retail investors apply in whole lots.

How much did Equitas Small Finance Bank raise?

₹518 crore: ₹280 crore of new shares and ₹238 crore offered by existing shareholders.

How many times was the Equitas Small Finance Bank IPO subscribed?

1.53 times overall.

How did Equitas Small Finance Bank list?

It listed on the NSE on 2 Nov 2020 at ₹31.10 and closed the day at ₹32.80, down 0.61% on the ₹33 issue price.

Who is the registrar of the Equitas Small Finance Bank IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app