The Initial Public Offering of ESAF Small Finance Bank Limited was fully subscribed on the first day of bidding led by Retail and NII.
The issue received bids of 10,06,48,500 shares against the offered 5,77,28,408 equity shares, at a price band of ?57-60, according to the data available on the stock exchanges. Overall, the issue was subscribed 1.44 times
Non-Institutional Investors Portion was the most subscribed with 2.44 times, followed by Retail Portion with 1.98 ...
ESAF Small Finance Bank IPO fully subscribed on the first day of its issue opening
ESAF Small Finance Bank Limited, a small finance bank with a focus on unbanked and under-banked customer segments, especially in rural and semi-urban centers, has fixed the price band at ?57 to ?60 per Equity Share for its maiden initial public offer. The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, November 3, 2023, for subscription and close on Tuesday, November 7, 2023. Investors can bid for a minimum of 250...
ESAF Small Finance Bank Limited`s Initial Public Offering to open on Friday, November 3, 2023, sets price band at Rs 57 to Rs 60 per Equity Share
