equitas small finance bank grey market premium

Equitas Holdings' Rs 2,170-crore Initial Public Offering (IPO) — the first by a small finance bank (SFB) licence recipient — was subscribed 38 per cent on Wednesday. It includes Equitas Small Finance Bank Stock Price Details like live share price, day's high & low, 6 month & 1 year return & more. Equitas Small Finance Bank IPO Details - IPO Open & Close Date, GMP, Share Price, Min. Disclosure: No Interest. Equitas Small Finance Bank IPO. The bank has raised Rs 140 crore from anchor investors by the way of allocating 4.23 crore equity shares at the price of Rs 33 per … Earlier this week, Equitas Small Finance Bank raised around Rs 140 crore from 12 anchor investors and finalised allotment of 4.23 crore equity shares at … To know how it operates, read our article ‘ grey market premium ’ in Pathshala column. In the so-called grey market, Equitas’s shares were quoting at a premium of ₹ 20 per share, indicating significant investor interest, dealers said. Get Equitas Small Finance Bank IPO details. The company's market valuation was at Rs 3,727.77 crore on the BSE during the close of trade. Peer Comparison for Equitas Small Finance Bank Limited : AU Small Finance @PE Multiple of 60.81,RoNW :12.07% Bandhan Bank @PE Multiple of 31.48, RoNW :16.34 % CreditAccess Gramin @ PE Multiple of 34.35 , RoNW : 23.14 % Spandana Sphoorty Financial @ PE Multiple of 21.91 , RoNW : 16.51 % In this market, an investor could sell IPO share or IPO application before the company gets listed on the stock exchange. Whereas the grey market premium is very flat and every investor is confused, whether to apply or ignore this ESFB IPO. Note : IPO GMP (Grey Market Premium) can’t be used for taking any sort of decision, investors should proceed carefully and do there own study and analysis before proceeding further, GMP can’t be treated as basis for investment decision. Equitas Small Finance Bank Ltd IPO Review (ESFB IPO), Dates, Price Bands, Market Lot, Equitas Bank IPO Grey Market Price, Listing Date & Time Details. The initial public offer (IPO) of Equitas, given its existing customer base and products, can transition smoothly into a small finance bank. The stock is trading with nil or zero premium in the secondary market on the back of thin interest in the IPO. Equitas Small Finance Bank IPO to raise Rs.517.60 crores. The revenues was reported around 1787 crores in 2018 while net income was around 31 crore. Equitas Small Finance Bank: Equitas Small Finance Bank Limited Has Informed The Exchange Regarding Grant Of 291000 Options. Earlier this week, Equitas Small Finance Bank raised around Rs 140 crore from 12 anchor investors and finalised allotment of 4.23 crore equity shares at upper price band of Rs 33 per equity share. The headquarter is based in Chennai. Visit Our Other Sites: www.TraderJi.com Stock Market Discussion Forum. NEW DELHI: The Rs 518 crore initial public offer (IPO) by Equitas Small Finance Bank opened for subscription on Tuesday. The Equitas, Small Finance Bank issue, was subscribed only 2 times on the last day of bidding. Pre-Covid, new small finance banks were fancied by markets, in preference to traditional small old private sector banks, due to their higher and faster growth potential as they cater to underserved clients. Ujjivan Bank IPO Grey Market Premium (IPO GMP) rates . till 6 th April,2017. Equity2Commodity will help in IPO, Upcoming IPO, Trading Strategy, Electric Vehicle Stocks in India, Lithium Ion Battery Manufacturers Stocks In India. You might have heard quite often that the Upcoming IPO is quoting at a grey market premium or at a grey market discount.. Our today’s post is centered around the IPO grey market. Equitas Small Finance Bank aka ESFB IPO has begun and this Rs. IPO Grey Market Premium & Rates, Upcoming IPO GMP Detailed Guide. Besides, it has received in-principle approval from RBI to set up a small finance bank (SFB), which is valid for a period of 18 months from the date of its grant, viz. Equitas Small Finance Bank is going to launch its maiden public offer on 29 September and has priced the offer in the range of INR32 – 33 per share. Read Full Details : Equitas Small Finance Bank IPO. The Equitas Bank IPO Grey Market Premium price is 8-10, the Kostak rate is Rs X and the Subject to Sauda is 2000. Equitas Small Finance Bank Ltd is among the largest SFB in India in terms of number of banking outlets, and the second largest SFB in India in terms of assets under management and total deposits. Equitas Small Finance Bank Stock Price Details - Find Equitas Small Finance Bank Live Share Price. Equitas Small Finance Bank may launch IPO on October 20, to raise Rs 532 crore. What is the maximum limit to apply in the Equitas Small Finance Bank employee category? If the branch is in metro then the customer is required to maintain an amo Grey Market Premium (GMP) of Equitas Small Finance Bank: Grey Market Premium is an unofficial figure, against guidelines of SEBI and we are strongly against it. Equitas Small Finance Bank Limited – Company Overview Their focus customer segments include individuals with limited access to formal financing channels on account of their informal, variable and cash-based income profile. It is the largest SFB in India in terms of a number of banking outlets and second-largest SFB in … Quantity, Subscription & Allotment Status, Listing Date. IPO Grey Market is the over-the-counter market where deals are done in-person only among the trusted group of investors. Grey Market News of Equitas Small Finance Bank Limited: On 2 Nov 2020 GMP : ( – ) 2 For past trend , check page-bottom. The price range for the company’s IPO was fixed at Rs 32-33 per share. In terms of PE, Equitas Small Finance Bank is offered at 15.4 times, while AU Small Finance Bank is trading at 33.1 times and Ujjivan Small Finance Bank at 15.2 times. Equitas Small Finance Bank is a small finance bank founded in 2007 by Equitas as a microfinance lender, with headquarters in Chennai, India. The primary market showed tepid response to the Rs 517.6 crore issue, when it … The Average Monthly Balance must be maintained in the Equitas Small Finance Bank depend upon the region. Equitas Small Finance Bank: Equitas Small Finance Bank Limited Has Informed The Exchange Regarding Grant Of 291000 Options ... My Premium; Magazines & Books 10-Dec-2020. New Delhi: The stock of Equitas Small Finance Bank (ESFB) is reflecting absolute disinterest among investors in the grey market, the unofficial market for trading in unlisted shares. ... What is the Primary Market and the Secondary Market in terms of IPO investment? Equitas Small Finance Bank is a mass-market focused small finance bank (SFB), providing banking products and services to an unserved and underserved segment. Hello Viewers, You guys are already well versed with What is IPO?If you have been investing in IPO for quite a time. Equitas Small Finance Bank, the subsidiary of Equitas Holdings, has fixed the price band at Rs 32-33 per shares for its forthcoming initial public offering.. Date : Grey Market Premium (GMP in INR) Kostak Rate (in INR) Subject to Sauda Rate (in INR) 11 December 2019: 21: 200 – 10 ... Equitas Small Finance Bank IPO (20-22 Oct) Likhitha Infrastructure IPO (29 Sep-7 Oct) The Equitas Small Finance Bank was established in 2007 founded by Equitas. The Rs 517-crore initial public offer of Equitas Small Finance Bank was subscribed 1.95 times last month. Microfinance lender Equitas Holdings' shares are changing hands at a premium of 12-15 per cent in the grey market, three brokers aware of the functioning of the unofficial trading platform, said. 520 Crore IPO is expected to give some decent returns to the investors. Find IPO Date, Price, Live Subscription, Allotment, Grey Market Premium GMP, Listing Date, Analysis and Review. “It is attracting huge interest. Stay informed with us to know the IPO lot size, IPO issue size, price band, DRHP, RHP, and other details. Find Equitas Small Finance Bank Live Share Price in NSE & BSE here. After receiving license from the Reserve Bank of India (RBI) 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. ... IPO Grey Market Premium. Equitas Small Finance Bank IPO Review| Equitas Bank IPO opens on 20 Otober at a lot size of 450 shares and the price band is fixed to Rs.32 - Rs.33. IPO Reviews. Check out the Equitas Small Finance Bank IPO date, price band, and market lot details. Equitas Small Finance Bank, the wholly-owned subsidiary of Equitas Holdings, will list on bourses on November 2, with the company fixing the issue price at Rs 33 per share.. We were the largest Small Finance Bank in India in terms of the number of banking outlets and the second-largest Small Finance Bank in India in terms of assets under management and total deposits in Fiscal 2019. The deals are usually facilitated by the broker in neighborhood. Company offers wide range of banking products and services to customers with a focus on serving the financially unserved and underserved customer segments in India. 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