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November 3, 2023 - November 7, 2023

ESAF Small Finance Bank IPO FAQ

ESAF Small Finance Bank IPO Date & Price

The ESAF Small Finance Bank IPO opens on November 3, 2023 and closes on November 7, 2023.

ESAF Small Finance Bank IPO timetable / schedule is as below:
  • Bid/Offer Opens On: November 3, 2023
  • Bid/Offer Closes On: November 7, 2023
  • Finalization of Basis of Allotment: November 8, 2023
  • Initiation of refunds: November 8, 2023
  • Credit of Equity Shares: November 9, 2023
  • Listing Date: November 10, 2023

ESAF Small Finance Bank IPO price is set at ₹60 per equity share.

ESAF Small Finance Bank IPO will close for subscription at 5 PM on November 7, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The ESAF Small Finance Bank IPO starts on November 3, 2023. The issue ends on November 7, 2023.

ESAF Small Finance Bank IPO Issue Size and Subscription Status

The ESAF Small Finance Bank IPO size is 77166667 Equity Shares of ₹10 aggregating up to ₹463.00 Cr.

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

ESAF Small Finance Bank IPO Offer Size

Qualified Institutional Buyers (QIB)15,016,669 Shares
Non-Institutional Investors (NII)11,262,500 Shares
Retail Individual Investor (RII)26,279,167 Shares
Employee Reservations2,283,653 Shares
Other Reservations0 Shares
Total Issue Size54,841,989 Shares

ESAF Small Finance Bank IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)182.66 times times
Non-Institutional Investors (NII)88.81 times times
Retail Individual Investor (RII)17.86 times times
Employee Reservations4.59 times times
Other Reservations times
Total Issue Size77.00 times times

Click here to check the ESAF 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 ESAF 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 ESAF 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.

ESAF Small Finance Bank IPO Allotment and Listing

The ESAF Small Finance Bank IPO allot status will be available online on November 8, 2023. Check the ESAF Small Finance Bank IPO Allotment Status here.

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

ESAF Small Finance Bank IPO listing Date is November 10, 2023. 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 ESAF Small Finance Bank IPO listing date and time is published by the exchange in a circular.

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

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

The ESAF Small Finance Bank IPO shares will list on November 10, 2023 at BSE, NSE.

ESAF 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 ESAF Small Finance Bank IPO which could help you with questions like ESAF Small Finance Bank IPO buy or not? You should also read ESAF 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.

ESAF 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 ESAF Small Finance Bank IPO performance. The performance reports are available 1 day after listing.