Capital Small Finance Bank IPO Complete Details

Capital Small Finance Bank IPO Details: Capital Small Finance Bank will begin their Initial Public Offering on February 7th as they gear up for their official launch.

Capital Small Finance Bank IPO Complete Details

A hybrid offering consisting of new issues and sales from current shareholders aims to raise Rs523.07 crore investors with minimum orders of 32 shares may bid between Rs445-Rs468, depending on market fluctuations, until February 14th when shares should be listed on both BSE and NSE exchanges.

Capital Small Finance Bank Details:

Capital Small Finance Bank (CSFB), founded in India since 2000 and still with their home office located in Jalandhar, has always been focused on increasing financial inclusion from day one. Led by CEO Ashish Dhawan’s direction they’ve experienced exponential expansion – now boasting over 1,000 branches and 2,600 ATMs all around India!

CSFB joined Paytm Bank who both provide underserved populations financial empowerment via Paytm mobile bank Paytm to strengthen India’s economy!

Capital Small Finance Details of Jalandhar has submitted to SEBI a draft red herring prospectus (DRHP), signalling an initial public offering (IPO). An IPO offer likely involves both newly issued shares as well as selling off of existing ones at once.

Nuvama Wealth Management, Dam Capital Advisors Ltd (formerly IDFC Securities), and Equirus Capital will act as book running lead managers of this initial public offering (IPO), while Link Intime India serves as its Registrar.
Accept deposits: They provide current accounts, savings accounts and fixed deposits just like any bank would do – offering current accounts, savings accounts and fixed deposits just like every bank would.
Loan Services: They specialize in various loan products including microloans, housing loans, small and medium-sized business (SMB) loans and agricultural loans for both people and companies alike.

Capital Small Finance Bank Pro and Cons:

FactorProCon
Financial GrowthConsistent increase in deposits, loan portfolio, and net profitLower profitability margins compared to established players
Asset QualityLow gross NPA ratio indicating good loan managementUncertainties in rural markets can impact asset quality
Market FocusServes underbanked segment with large growth potentialLimited geographical reach exposes them to specific regional risks
TechnologyActive adoption of digital initiatives for improved efficiency and reachRecent IPO brings additional regulatory scrutiny and pressure
ProfitabilityConsistently profitable with increasing ROELower ROE and ROA compared to established players

Their Market Objective is:

  • Rural and semi-urban regions that do not have access to traditional financial services. Small companies within this industry sector that cater specifically to small and medium-sized enterprises (SMEs).
  • Financial Inclusion: Capital Small Finance Bank focuses on creating economic development by offering financial services to underbanked sectors of society.
  • Economic Development: By giving access to financing solutions within rural and semirural regions, Capital Small Finance Bank facilitates economic development.
  • Capital Small Finance Bank has seen rapid expansion since opening for business in 2016. Today it boasts more than 2,600 ATMs and 1,000 branches spread throughout India; both the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE) list them among their listings.’

Capital Small Finance Bank IPO Allotment & Listing Dates

EventDate
Anchor Investor AllotmentFebruary 6, 2024
IPO Open DateFebruary 7, 2024
IPO Close DateFebruary 9, 2024
Basis of AllotmentFebruary 12, 2024
RefundsFebruary 13, 2024
Credit to Demat AccountFebruary 13, 2024
IPO Listing DateFebruary 14, 2024

Capital Small Finance Bank IPO Date & Price Band Details

InformationDetails
IPO Open DateFebruary 7, 2024
IPO Close DateFebruary 9, 2024
IPO SizeApprox ₹523.07 Crores
Fresh IssueApprox ₹450 Crores
Offer for SaleApprox 1,561,329 Equity Shares
Face Value₹10 Per Equity Share
IPO Price Band₹445 to ₹468 Per Share
IPO Listing onBSE & NSE
Retail Quota15%
QIB Quota50%
NII Quota35%
DiscountN/A
DRHP Draft ProspectusAvailable at Capital Small Finance Bank website: Click Here

Capital Small Finance Bank IPO Market Lot

ApplicationLot SizeSharesAmount
Retail Minimum132₹14,976
Retail Maximum13416₹194,688
S-HNI Minimum14448₹209,664
B-HNI Minimum672,112₹1,003,392

Capital Small Finance Bank Company Financial Report

Metric202120222023Sep 2023
Revenue557.27632.40725.48415.21
Expense516.48569.83631.88287.57
PAT(profit after tax)30.1018.2893.5954.39

Capital Small Finance Bank address and other details:

CategoryDetails
Peer GroupIDFC First Ban
AU SFB
Equitas SFB
ESAF SFB
Suryoday SFB
Ujjivan SFB
Capital Small Finance Bank IPO RegistrarLink Intime India Private Ltd
Registrar Phone+91-22-4918 6270
Registrar Email[email protected]
Registrar WebsiteLink Intime
IPO Allotment Status CheckCheck Capital Small Finance Bank IPO allotment status on Linkintime website allotment URL. Click Here
Lead Managers (Merchant Bankers)1. Nuvama Wealth Management Limited
2. DAM Capital Advisors Limited
3. Equirus Capital Private Limited
Company AddressCapital Small Finance Bank Limited
MIDAS Corporate Park,
3rd Floor, 37, G.T. Road,
Jalandhar 144 001, Punjab, India
Company Tel+911815051111/2222
Company Websitewww.capitalbank.co.in
Company Email[email protected]

Frequently asked question by investors:

When Capital Small Finance Bank IPO will open?

This initial public offering (IPO) will launch on February 7, 2024 for Qualified Institutional Buyers (QIBs), Network Investment Advisors (NIIs), and Retail Investors.

What is Capital Small Finance Bank IPO Investors Portion?

For QIB, the investors contribute 50%, NII makes up 35%, and retail makes up 15%.

What is Capital Small Finance Bank IPO Size?

The IPO amount for Capital Small Finance Bank is ₹523.07 crores.

What is Capital Small Finance Bank IPO Price Band?

The IPO price range for Capital Small Finance Bank is ₹445 to ₹468.

What is Capital Small Finance Bank IPO Minimum and Maximum Lot Size?

Minimum bid was set at 32 Shares with Rs14,976 amount while maximum was set for 67 Shares of Rs1,003,392.

What is the Capital Small Finance Bank IPO Allotment Date?

The IPO allotment date for Capital Small Finance Bank is February 12, 2024.

What is the Capital Small Finance Bank IPO Listing Date?

The IPO listing date for Capital Small Finance Bank is set for February 14, 2024. The BSE and NSE will list the IPO.

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