IPO screener: TPG, Morgan Stanley-backed Jana SFB offer opens today for public 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.
The IPO consists of a fresh issuance of shares worth Rs 462 crore by the bank, and an offer-for-sale (OFS) of 26,08,629 equity shares worth Rs 108 crore by six investors
Jana Small Finance Bank is engaged in providing MSME loans, affordable housing loans, term loans to NBFC, loans against fixed deposits, two-wheeler loans and gold loans.