ESAF Small Finance Bank IPO GMP, Price; unlisted shares of ESAF Small Finance Bank are trading at a Rs 80 in the grey market, which is about 33.33 per cent higher than its upper issue price of Rs 60 per share
ESAF Small Finance Bank IPO: The Rs 463-crore IPO includes a fresh equity issue of Rs 391 crore and an offer for sale (OFS) of Rs 72 crore. Under the OFS, promoter selling shareholder ESAF Financial Holdings will offload stake worth Rs 49 crore and other selling shareholders – PNB MetLife and Bajaj Allianz Life – make up for the remaining OFS portion.