Exchanges
BSE, NSE
Industry
Other Bank
Issue
Book building

Suryoday Small Finance Bank IPO

₹277.80

−8.92% on listing

Listing-day close · NSE · 26 Mar 2021 · issue price ₹305

Suryoday Small Finance Bank’s ₹582 crore IPO was priced at ₹305 a share. It listed on the NSE on 26 Mar 2021 and closed its first day at ₹277.80, down 8.92% on the issue price.

Timeline

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

Issue details

Issue size
₹582 Cr
Fresh issue
₹248 Cr
Offer for sale
₹334 Cr
Lot size
49 shares
Minimum investment
₹14,945
Face value
₹10
Registrar
Kfin Technologies

Subscription

Suryoday Small Finance Bank IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.70×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,237 Cr
Promoter holding
30.35% → 30.35%

From the offer documents.

Listing

Listing date
26 Mar 2021
Issue price
₹305
Open
₹292.00
High
₹296.35
Low
₹255.00
Close
₹277.80

Listing day on the NSE. The close was −8.92% on the issue price.

SURYODAY share price today

FAQs

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

It opened on 17 Mar 2021 and closed on 19 Mar 2021.

What was the Suryoday Small Finance Bank IPO price?

The price band was ₹303–305 a share. The final issue price was ₹305.

What is the lot size and minimum investment?

One lot is 49 shares, ₹14,945 at ₹305 a share. Retail investors apply in whole lots.

How much did Suryoday Small Finance Bank raise?

₹582 crore: ₹248 crore of new shares and ₹334 crore offered by existing shareholders.

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

1.70 times overall.

How did Suryoday Small Finance Bank list?

It listed on the NSE on 26 Mar 2021 at ₹292.00 and closed the day at ₹277.80, down 8.92% on the ₹305 issue price.

Who is the registrar of the Suryoday 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

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