Equitas Small Finance Bank Ltd IPO

Equitas Small Finance Bank Ltd IPO is listed on BSE and NSE, priced at ₹32–₹33 per share. The stock debuted at ₹31.1. The IPO had a lot size of ₹450 shares and a minimum investment of ₹14,850.

Equitas Small Finance Bank Ltd IPO

Mainboard Listed
₹14,850 (450 Shares)
Minimum Investment
Check Allotment
IPO Dates
Oct 20, 2020 – Oct 22, 2020
Price band
₹32 - 33 per equity share
Minimum Investment
₹14,850
Issue size
Total Equity Shares 15,68,48,485 of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 517.6/- Cr Fresh Issue: 8,48,48,485 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 32/- with aggregating up to Rs 280/- Cr Offer for Sale: 7,20,00,000 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 237.6/- Cr
Lot size
450
Allotment Date
Oct 28, 2020
Listing
Nov 2, 2020
Listing At
BSE, NSE

IPO timeline

  1. Oct 20, 2020

    Open Date

    Completed

  2. Oct 22, 2020

    Close Date

    Completed

  3. Oct 28, 2020

    Allotment Date

    Completed

  4. Nov 2, 2020

    Listing Date

    Completed

Price Summary

Last closing
68.06 (106.24%)
52 week high
74.60
52 week low
50.00
Last update

Equitas Small Finance Bank Ltd IPO Subscription Details

View Subscription Details
QIB 3.91x
Retail 2.08x
NIIs 0.22x
Retail 2.08x
EMP 1.84x
Total 1.95x

Equitas Small Finance Bank Ltd IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Equitas Small Finance Bank Ltd IPO Essentials

Equitas Small Finance Bank Ltd IPO Details

Equitas Small Finance Bank Ltd IPO is priced at ₹32 - 33 per share with a total issue size of Total Equity Shares 15,68,48,485 of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 517.6/- Cr Fresh Issue: 8,48,48,485 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 32/- with aggregating up to Rs 280/- Cr Offer for Sale: 7,20,00,000 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 237.6/- Cr. The IPO has a lot size of 450 shares and is listed on BSE and NSE.

Issue price
₹32 to ₹33 per equity share

Shareholder Discount: ₹0
Employee Discount: ₹0
Lot size
450 shares
Face value
₹10 Per Equity Share 
Issue size
Total Equity Shares 15,68,48,485 of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 517.6/- Cr

Fresh Issue: 8,48,48,485 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 32/- with aggregating up to Rs 280/- Cr

Offer for Sale: 7,20,00,000 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 237.6/- Cr
Listing at
BSE, NSE
List price
31.10
Listing date
Registrar
KFintech Private Limited
Lead manager
Edelweiss Financial Services Ltd, IIFL Holdings Limited, JM Financial Consultants Private Limited

Equitas Small Finance Bank Ltd IPO Details

  • Retail Portion N/A

Equitas Small Finance Bank Ltd IPO Documents

Equitas Small Finance Bank Ltd IPO Analytics

Equitas Small Finance Bank Ltd IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Equitas Small Finance Bank Ltd IPO Subscription Status

Equitas Small Finance Bank Ltd IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
Retail Employee Share Holder Total
Shares Offered / Reserved 27,975,001
21,487,500
50,137,500 312,500 15,937,500 115,850,001
Day 1 20-10-20 05:00 PM
0.00 x
0.02x
0.85 x 0.59 x 0.14 x 0.39 x
Day 2 21-10-20 05:00 PM
0.05 x
0.05x
1.42 x 0.97 x 0.24 x 0.67 x
Day 3 22-10-20 05:00 PM
3.91 x
0.22x
2.08 x 1.84 x 0.41 x 1.95 x

Equitas Small Finance Bank Ltd Valuations

Earnings

EPS (Post IPO)
₹2.15/-
P/E Ratio
15.42

Returns

RoNW
8.92%

Data sourced from DRHP / RHP • For educational purposes only

Equitas Small Finance Bank Ltd Financials( In Crs.)

30-Jun-20 31-Mar-20 31-Mar-19 31-Mar-18
Assets 20,892.13 19,314.54 15,762.69 13,301.15
Revenue 750.96 2,927.79 2,394.83 1,772.90
Profit After Tax 57.67 243.63 210.56 3,183

Equitas Small Finance Bank Ltd Company & Offer Insights

About Equitas Small Finance Bank Ltd

Equitas Small Finance Bank is a small finance bank founded in 2007 by Equitas as a microfinance lender, with headquarters in Chennai, India. After receiving a license from the Reserve Bank of India on 30 June 2016, Equitas began banking on 5 September 2016 as a subsidiary of holding company Equitas Holdings Ltd. With effect from 4 February 2017, Equitas became a scheduled bank.

Equitas Small Finance Bank Ltd IPO Issue Objectives

The bank proposes to utilize the Net Proceeds from the fresh issue offer towards augmenting the Bank's Tier I capital base to meet the future capital requirement.

Equitas Small Finance Bank Ltd IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Equitas Small Finance Bank Limited 1.32 15.42 8.92 2927.80 Cr.
DCB Bank Limited 0.69 7.03 9.83 3927.73 Cr.
AU Small Finance Bank Limited 5.21 33.30 15.66 4991.98 Cr.
Bandhan Bank Limited 3.39 18.62 18.23 12,434.69 Cr.
Ujjivan Small Finance Bank Limited 1.72 14.36 6.87 3025.81 Cr.
Sundaram Finance Limited 2.60 19.70 13.20 4722.53 Cr.
CreditAccess Grameen Limited 3.66 33.07 11.06 170 Cr.

Contact Information

Frequently Asked Questions

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Equitas Small Finance Bank Ltd IPO is a book-built IPO worth ₹Total Equity Shares 15,68,48,485 of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 517.6/- Cr Fresh Issue: 8,48,48,485 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 32/- with aggregating up to Rs 280/- Cr Offer for Sale: 7,20,00,000 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 237.6/- Cr. The price band is ₹32–₹33 per share. The IPO opens on Oct 20, 2020 and closes on Oct 22, 2020. It will be listed on BSE and NSE. KFintech Private Limited is the registrar.

The price band of Equitas Small Finance Bank Ltd IPO is ₹32 to ₹33 per share.

The lot size of Equitas Small Finance Bank Ltd IPO is 450 shares.

The minimum investment for Equitas Small Finance Bank Ltd IPO is approximately ₹14,850 based on the upper price band .

Equitas Small Finance Bank Ltd IPO opens on Oct 20, 2020 and closes on Oct 22, 2020.

The allotment date of Equitas Small Finance Bank Ltd IPO is Oct 28, 2020.

Equitas Small Finance Bank Ltd IPO is expected to be listed on Nov 2, 2020, on BSE and NSE .

Equitas Small Finance Bank Ltd IPO listed on Nov 2, 2020. It was issued at ₹31.10 and is currently around ₹68.06 as on 14-May-2026 3:30 PM, which is approximately 106.2% versus issue price. The 52-week high is ₹74.60.

Based on listing and post-listing performance, Equitas Small Finance Bank Ltd IPO delivered around 106.2% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Equitas Small Finance Bank Ltd IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Equitas Small Finance Bank Ltd IPO valuation snapshot: P/E 15.42, EPS ₹2.15/-, P/B N/A, RoNW 8.92%, and market cap N/A.

To apply for Equitas Small Finance Bank Ltd IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Equitas Small Finance Bank Ltd IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Equitas Small Finance Bank Ltd IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Equitas Small Finance Bank Ltd IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Equitas Small Finance Bank Ltd IPO allotment status on IPO Ji for quick and easy access.