Suryoday Small Finance Bank Ltd. IPO
Issue Price
₹305
GMP
—
Lot Size
49
Face Value
₹10
Issue Size
19,093,070 shares (aggregating up to ₹582 Cr)
Subscription
—
IPO Timeline
Open Date17-Mar-21
Close Date19-Mar-21
Allotment24-Mar-21
Refund Initiation24-Mar-21
Demat Credit25-Mar-21
UPI Mandate Deadline19-Mar-21
Listing Date26-Mar-21
Lock-in (30%)23-Apr-21
Lock-in (50%)22-Jun-21
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 9,296,534 (49%) | — | ₹28,354 Cr |
| NII (HNI) | — | 2,788,961 (15%) | — | ₹8,506 Cr |
| Retail | — | 6,507,575 (34%) | — | ₹19,848 Cr |
| Employee | — | 500,000 (3%) | — | ₹153 Cr |
| Σ Total | — | 19,093,070 (100%) | — | ₹582,339 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹305
Face Value₹10
Lot Size49 shares
Issue Size19,093,070 shares (aggregating up to ₹582 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeNSE & BSE
Sale TypeFresh Capital-cum-Offer for Sale
Script Code—
Fresh Issue8,150,000 shares (aggregating up to ₹248 Cr)
Offer for Sale10,943,070 shares of ₹10 (aggregating up to ₹334 Cr)
Net Offer to Public—
Amount InCrore
Stock Price History · BSE
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Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 49 | ₹14,945 |
| Retail (Max) | 13 | 637 | ₹194,285 |
| S-HNI (Min) | 14 | 686 | ₹209,230 |
| B-HNI (Min) | 67 | 3,283 | ₹1,001,315 |
Retail1 lot(s)49 shares₹14,945
S-HNI14 lot(s)686 shares₹209,230
B-HNI67 lot(s)3,283 shares₹1,001,315
Financial Statements Amount in Crore
| Metric | 31-Dec-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 689 | 854 | 597 |
| Profit After Tax | 55 | 111 | 90 |
| Total Assets | 6,350 | 5,365 | 3,761 |
Valuation & Key Ratios
ROE—
ROCE—
RONW—
PAT Margin—
EBITDA Margin—
Debt/Equity—
P/BV—
Pre EPS—
Post EPS—
Pre P/E—
Post P/E—
Grey Market Premium (GMP)
—
Current GMP
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Augmenting our Bank’s Tier –1 capital base to meet our Bank’s futurecapital requirements –
Company Overview
Incorporated in 2008, Suryoday Small Finance Bank Ltd is a leading Small Finance Bank(SFB) in India. The company started offering SFB services in 2017. They serve customers in the unbanked and underbanked segments. Before SBF, the company operated as an NBFC.
As of July 31, 2020, the company had 482 Banking Outlets and had a customer base of 14.3 lakh. The company operates predominantly in urban and semi-urban locations.
As a bank, Company
- Offer credit products like MFI loans, Vikas Loans, Shopkeeper Loans, etc.
- Offer digital banking, NPCI payment systems, and mobile technologies along with banking through traditional channels.
- Focus on the unserved and the underserved through innovative banking practices.
- Offers diversified asset portfolio with a focus on retail operations.
Company Information
AddressUnit No. 1101, Sharda Terraces, Plot No. 65, Sector 11, CBD Belapur, Navi Mumbai 400 614 Navi Mumbai, Maharashtra
Phone+91 22 4043 5800