Capital Small Finance Bank, which filed its DRHP in September 2023, is among the leading SFBs in India in terms of cost of funds, retail deposits, and CASA deposits for FY23. The issue comprises a fresh issue equity issue of Rs 450 crore and an OFS of 24.12 lakh equity shares by existing investors.
Proceeds from the fresh issue will be utilised for debt payment, supporting working capital requirements, fund capital expenditure for purchase of new machinery and for general corporate purposes.