IPO screener: Bengaluru-headquartered Jana Small Finance Bank issue subscribed 0 88 times thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The Jana Small Finance Bank IPO will close on February 9, while the bank will finalise the basis of allotment of IPO shares by February 12 and the eligible investors will get the shares in their demat accounts by February 13.
Jana SFB IPO includes a fresh equity worth Rs 462 crore and an offer for sale (OFS) of 26.08 lakh shares. Under the OFS, existing investors Client Rosehill, CVCIGP II Employee Rosehill, Global Impact Funds, Growth Partnership and Hero Enterprise Partner Ventures will offload shares.
Ahead of the offer, shares of Jana SFB are trading with a premium of Rs 80, and Capital Small Finance Bank is fetching a GMP of Rs 47. Jana SFB has priced the Rs 570-crore IPO at Rs 414 at the upper end, Capital SFB has fixed a price band of Rs 468.