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Suryoday Small Finance Bank IPO opens March 17; check issue size, price band, bid details

Suryoday Small Finance Bank IPO opens March 17; check issue size, price band, bid details Surbhi Jain © Provided by The Financial Express Investors can make bids for a minimum of 49 equity shares and in multiples thereafter, translating to a minimum investment of Rs 14,945. Image: Reuters Suryoday Small Finance Bank’s Rs 582.33-crore IPO will open for subscription next week, Wednesday, March 17, 2021. The company has fixed a price band at Rs 303-305 per share of face value of Rs 10 each. The issue will close for subscription on March 19, 2021. Suryoday Small Finance Bank initial public offer comprises fresh issue of 81.50 lakh shares, and an offer-for-sale (OFS) of up to 1.09 crore equity shares. So far, no grey market activity was seen in Suryoday Small Finance Bank shares.

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