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The SME segment was launched over a decade ago to provide smaller firms easy entry to the listed space. While it has brought more than 850 SMEs to the stock exchanges, certain practices have put it under the regulator's lens, and tighter regulations are in the making - Issue Date: Nov 12, 2023 ....
Suryoday Small Finance Bank IPO opens today: Check price band, other details Suryoday Small Finance Bank IPO: The lender has fixed a price a band of Rs 303-305 a share for the issue, which will close on March 19 BusinessToday.In | March 17, 2021 | Updated 12:11 IST Suryoday Small Finance Bank IPO opens on March 17 The Rs 582-crore initial public offering (IPO) of Suryoday Small Finance Bank (SSFB) has started today, March 17. The offer comprises a fresh issue of 81.50 lakh equity shares and an offer for sale of 1.09 crore equity shares by existing selling shareholders. The lender has fixed a price a band of Rs 303-305 a share for the issue, which will close on March 19. Ahead of IPO, the company has raised around Rs 170 crore from anchor investors. ....
Highlights Offers to raise an estimated Rs 3,764 crore. Shares of these companies will be listed on BSE and NSE. New Delhi: The IPO of Suryoday Small Finance Bank will open on Wednesday. The IPO comprises fresh issuance of 81,50,000 equity shares and an offer for sale of up to 1,09,43,070 equity shares by existing shareholders. The small finance bank has proposed to utilise proceeds from the fresh issue towards augmenting its Tier-1 capital base to meet future capital requirements. Suryoday Small Finance Bank on Tuesday raised a little over Rs 170 crore from anchor investors ahead of an initial share-sale, which will open for public subscription on Wednesday. ....