Suryoday Small Finance Bank to launch IPO on March 17, price band fixed at Rs 303-305
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Suryoday SFB fixes IPO price band at Rs 303-305 per equity share
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Suryoday Small Finance Bank to launch IPO on March 17, price band fixed at Rs 303-305 Sunil Matkar © Kshitij Anand Suryoday Small Finance Bank to launch IPO on March 17, price band fixed at Rs 303-305
Suryoday Small Finance Bank will open its initial public offering of 1,90,93,070 equity shares on March 17 with a price band of Rs 303-305 per share. The issue will close on March 19.
The anchor book subscription (if any) will open for a day on March 16.
The offer consists of fresh issue of 81.50 lakh equity shares and an offer for sale of 1,09,43,070 equity shares by existing shareholders. As part of the offer for sale, International Finance Corporation will sell 43,87,888 equity shares, Gaja Capital Fund II will offload 20,21,952 shares, DWM (International) Mauritius will sell 18,89,845 shares, and HDFC Holdings will offload 7.5 lakh shares.
Suryoday Small Finance Bank Receives SEBI Nod To Launch IPO Suryoday Small Finance Bank Receives SEBI Nod To Launch IPO The IPO will comprise of a fresh issue of 1,15,95,000 shares and an offer for sale of up to 84,66,796 shares by the existing shareholders, according to draft papers filed with SEBI
Updated: December 29, 2020 1:30 pm IST
he small lender s shares are likely to be listed on both, the BSE Sensex and NSE Nifty
Suryoday Small Finance Bank has received the go-ahead from the markets regulator Securities and Exchanges Board of India (SEBI) to float its initial public offering (IPO). The small lender s shares are likely to be listed on both, the BSE Sensex and NSE Nifty, joining its listed peers Ujjivan SFB, AU Small Finance Bank and Equitas SFB.