Fincare Small Finance Bank files for IPO, plans to raise Rs 1,330 crore

Fincare Small Finance Bank files for IPO, plans to raise Rs 1,330 crore
The IPO of Bengaluru-based microfinance company comprises a fresh issue of Rs 330 crore by the bank and an offer for sale of Rs 1,000 crore by promoter Fincare Business Services
BusinessToday.In | May 10, 2021 | Updated 18:20 IST
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Fincare Small Finance Bank has filed draft papers for its initial public offering (IPO) with the Securities and Exchange Board of India (SEBI). It plans to raise Rs 1,330 crore from the primary market.
The IPO of Bengaluru-based microfinance company comprises a fresh issue of Rs 330 crore by the bank and an offer for sale of Rs 1,000 crore by promoter Fincare Business Services.

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