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Jana Small Finance Bank IPO subscribed 18 50 times

Jana Small Finance Bank IPO subscribed 18 50 times
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Financial and Economic News: Market Trends, Sensex, Nifty and IPO Live ► Yourtopia

Financial and Economic News: Market Trends, Sensex, Nifty and IPO Live ► Yourtopia
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Jana Small Finance Bank IPO gets subscribed 18 50 times on final day

Jana Small Finance Bank IPO gets subscribed 18 50 times on final day
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Jana Small Finance Bank: Controls in place to avoid loans to NPA customers: Jana SFB CEO Ajay Kanwal

Jana Small Finance Bank has 771 branches in 22 states and 2 UTs, with ~49 lakhs customers and ~20,000 employees. The bank s customer base has grown by ~3 lakhs in the first 6 months of this financial year. The bank s growth rate as on Sep23 Y-o-Y basis was 42.39% on assets and 33.66% on deposits.

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Jana Small Finance Bank IPO fully booked on Day 2

The Rs 570-crore Jana Small Finance Bank IPO is combination of a fresh issue and an offer-for-sale

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