The promoter group s stake will fall to 63.5% after the IPO from 74.4%. The company focuses on customers in rural and semi-urban areas which contribute nearly two-thirds to the loan book
ESAF Small Finance Bank was incorporated in 1992, which majorly focuses on providing loans to rural and semi-urban customers, providing financial solutions.
ESAF Small Finance Bank IPO to open, MRF, JSW Infra, Zomato, IndiGo Q2 results in Top News on November 3: NTPC among ex-dividend stocks, share markets, Bank Nifty, currency outlook also in focus.