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Equitas Small Finance Bank IPO Details

IPO Open Oct 20, 2020
IPO Close Oct 22, 2020
IPO Price ₹33
Face Value ₹10
IPO Size ₹517.60 Cr
Listing At BSE, NSE
Lot Size 450
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Equitas Small Finance Bank IPO Date & Price

The Equitas Small Finance Bank IPO opens on Oct 20, 2020 and closes on Oct 22, 2020.

Equitas Small Finance Bank IPO timetable / schedule is as below:
  • Bid/Offer Opens On: Oct 20, 2020
  • Bid/Offer Closes On: Oct 22, 2020
  • Finalization of Basis of Allotment: Oct 27, 2020
  • Initiation of refunds: Oct 28, 2020
  • Credit of Equity Shares: Oct 29, 2020
  • Listing Date: Nov 2, 2020

Equitas Small Finance Bank IPO price is set at ₹33 per equity share.

Equitas Small Finance Bank IPO will close for subscription at 5 PM on Oct 22, 2020. But most brokers stop accepting application between 1 PM to 3 PM.

The Equitas Small Finance Bank IPO starts on Oct 20, 2020. The issue ends on Oct 22, 2020.

Equitas Small Finance Bank IPO Issue Size and Subscription Status

The Equitas Small Finance Bank IPO size is Equity Shares of ₹10 aggregating up to ₹517.60 Cr.

Equitas Small Finance Bank Ltd is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Equitas Small Finance Bank IPO shares through the banks (using ASBA) or through the broker (using UPI).

Equitas Small Finance Bank IPO Offer Size

Qualified Institutional Buyers (QIB)27,975,001 Shares
Non-Institutional Investors (NII)21,487,500 Shares
Retail Individual Investor (RII)50,137,500 Shares
Employee Reservations312,500 Shares
Other Reservations15,937,500 Shares
Total Issue Size115,850,001 Shares

Equitas Small Finance Bank IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)3.91 times times
Non-Institutional Investors (NII)0.22 times times
Retail Individual Investor (RII)2.08 times times
Employee Reservations1.84 times times
Other Reservations times
Total Issue Size1.95 times times

Click here to check the Equitas Small Finance Bank IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Equitas Small Finance Bank IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Equitas Small Finance Bank IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Equitas Small Finance Bank IPO Allotment and Listing

The Equitas Small Finance Bank IPO allot status will be available online on Oct 27, 2020. Check the Equitas Small Finance Bank IPO Allotment Status here.

Click here to check Equitas Small Finance Bank IPO Allotment Status.

Equitas Small Finance Bank IPO listing Date is Nov 2, 2020. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Equitas Small Finance Bank IPO listing date and time is published by the exchange in a circular.

Click here to view the Equitas Small Finance Bank IPO Basis of Allotment.

It is hard to say at what price Equitas Small Finance Bank IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Equitas Small Finance Bank IPO shares will list on Nov 2, 2020 at BSE, NSE.

Equitas Small Finance Bank IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Equitas Small Finance Bank IPO which could help you with questions like Equitas Small Finance Bank IPO buy or not? You should also read Equitas Small Finance Bank IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Equitas Small Finance Bank IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Equitas Small Finance Bank IPO performance. The performance reports are available 1 day after listing.

1 Comments

1. SHANI     Link|Oct 5, 2020 1:50:32 PM
Dear ADMIN SIR - Request help , pls advise if today i.e 05-oct-20 i buy one share of Equitas holding , can i eligible to apply in shareholder quota