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Muted Listing | Jana Small Finance Bank lists at 4% discount to IPO price

The Rs 570-crore offer, which consisted of a fresh issue of 1.11 crore shares worth Rs 462 crore and an OFS of 26.08 lakh shares worth Rs 108 crore, was subscribed 19.8 times

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Jana Small Finance Bank lists at a discount Should you buy, sell or hold now?

"The key trigger of Jana SFBs strong fundamentals is that it intends to strengthen its liability franchise with a focus on growing its deposit base to attain a stable and low-cost source of funding. Thus, we advise the investors who have been allotted the shares to hold them for the long term," said Shreyansh V Shah, Research Analyst, StoxBox.

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Jana Small Finance Bank drops 11% on debut, settles at Rs 368

Jana Small Finance Bank mopped up Rs 570 crore through its public issue

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Share Market Highlights 14 February 2024: Sensex and Nifty slip due to rising US inflation worries; IT and Pharma sectors hit hard

Share Market Highlights 14 February 2024: Sensex and Nifty slip due to rising US inflation worries; IT and Pharma sectors hit hard
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Juniper Hotels IPO to open for subscription on Feb 21; Here s all we know so far

Juniper Hotels intends to allocate the proceeds towards clearing a debt amounting to ₹1,500 crore.

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