ESAF Small Finance Bank IPO Registration Status: ESAF Small Finance Bank was registered on 3 days 73.02 times. The ESF Small Finance Bank IPO opened for subscription on Friday, November 3 and will close on Tuesday, November 7. ₹57 to ₹Face value of 60 per equity share ₹10. ESAF Small Finance Bank Lot size is 250 shares and multiple is 250 shares.
ESAF Small Finance Bank IPO reserves more than 50% of the shares in the public issue to qualified institutional buyers (QIB), not less than 15% to institutional investors (NII), and the discount is not less than 35%. Reserved for retail investors. discount of ₹A 5 percent share is being offered to employees competing in the Employee Stock Division.
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On the 3rd day, ESAF Small Finance Bank’s retail investors were registered 16.73 times, Bituah Leumi segment 84.32 times and Qualified Institutional Buyers (QIB) segment 173.52 times and employee segment 4.30 times.
Also Read: ESAF Small Finance Bank IPO Day 2: Issue subscribed 8.32 times. Retail business, Bituah Leumi segment sees high demand
ESAF Small IPO registration status
ESAF Small Finance Bank IPO received bids for 4,21,65,57,000 shares against 5,77,28,408 shares at 16:30 IST, data from BSA showed.
The retail investor segment of ESAF IPO bid for 46,36,33,500 shares against 2,76,62,281 shares.
ISAF Bank has tendered 99,96,74,000 1,18,55,264 shares of non-institutional investors.
The ESAF Small IPO Qualified Institutional Buyers (QIBs) segment received bids for 2,74,28,94,000 shares against the 1,58,07,017 shares offered for this segment.
The employee portion of ESAF Small Finance Bank’s IPO has bid for 1,03,55,500 shares against 24,03,846.
Also Read: ISAF Small Finance Bank IPO Bid Ends Today: Check GMP, Subscription Status & Brokerage Reviews
ISAF Small Finance Bank IPO details
ESAF Bank’s IPO includes the sale of new shares ₹390.7 crores and Offered for Sale (OFS) equity shares in the company ₹72.3 crore by three shareholders. The company plans to grow ₹463 crore from the IPO.
In the OFS, promoter ESAF Financial Holdings will sell value shares ₹49.26 crore, PNB MetLife India Insurance Company and Bajaj Allianz Life Insurance Company will hold shares worth Rs. ₹23.04 crores.
ESAF Small Finance Bank IPO Dates
The ESAF Small Finance Bank listing date is scheduled for Thursday, November 16. ESAF Small Finance Bank’s IPO date has been set for Friday, November 10. If the company changes to T+3 rules, the dates will change accordingly.
Also Read: ESAF Small Finance Bank IPO: GMP, Subscription Status on Day 2, Review, Other Details. Do you have to register?
ISAF Small Finance Bank IPO GMP today
ISAF Small Finance Bank IPO GMP Today or Gray Market Premium is +20. This suggests that ESAF Small Finance Bank’s share price was trading at a premium. ₹ ₹On Tuesday 20 in the gray market, according to investorgain.com. It was +19 in the previous session.
Taking into account the upper end of the IPO price band and the premium in the current gray market, the estimated price of the shares of ISAF Small Finance Bank is at ₹80 apiece, which is 33.33% higher than the IPO price. ₹60.
A ‘grey market premium’ indicates that investors are prepared to pay more than the price.
Also Read: ESAF Small Finance Bank IPO Day 1: Issue subscribed 1.74 times. Retail, Bituah Leumi section fully occupied
Disclaimer: The opinions and recommendations in this article are those of individual analysts. These do not represent mint views. We recommend that investors check with certified professionals before making any investment decision.
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