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Equitas Small Finance Bank IPO Subscription Details (Live Status)

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 Subscription Status Live

Equitas Small Finance Bank IPO subscribed 1.95 times. The public issue subscribed 2.08 times in the retail category, 3.91 times in QIB, and 0.22 times in the NII category by Oct 22, 2020.

Investor CategorySubscription (times)
Qualified Institutions3.91
Non-Institutional Buyers0.22
Retail Investors2.08
Employees1.84
Others0.42
Total1.95

Equitas Small Finance Bank IPO Subscription Details (times)

DateQIBNIIRetailEMPTotal
Day 1
Oct 20, 2020
0.000.010.380.120.050.17
Day 2
Oct 21, 2020
0.000.020.640.250.080.29
Day 3
Oct 22, 2020
3.910.222.081.840.421.95

Equitas Small Finance Bank IPO Shares Offered

Equitas Small Finance Bank IPO is a public issue of 115,850,001 equity shares. The issue offers 50,137,500 shares to retail investors, 27,975,001 shares to qualified institutional buyers, and 21,487,500 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB27,975,00192.3224.15%
NII21,487,50070.9118.55%
Retail50,137,500165.4543.28%
Employee312,5001.030.27%
Others15,937,50052.5913.76%
Total115,850,001382.31100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Equitas Small Finance Bank IPO Subscription FAQs

The Equitas Small Finance Bank IPO is subscribed 1.95 by Oct 22, 2020.

Equitas Small Finance Bank IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional3.91
Non Institutional0.22
Retail Individual2.08
Employee Reservations1.84
Others0.42
Total Subscription1.95

Retail category of Equitas Small Finance Bank IPO subscribed 2.08 times as of date Oct 22, 2020. The public issue closes on Oct 22, 2020 for bidding.

An investor can apply in Equitas Small Finance Bank IPO online via bank (using ASBA) or the broker (using UPI). The Equitas Small Finance Bank IPO shares are offered online only.

The Equitas Small Finance Bank IPO is subscribed 1.95 by Oct 22, 2020.

The Equitas Small Finance Bank IPO allotment status is expected on or around Oct 27, 2020. Visit Equitas Small Finance Bank IPO allotment status to check.

The Equitas Small Finance Bank IPO listing date is Monday, November 2, 2020. The equity share of Equitas Small Finance Bank Ltd will list on BSE, NSE.

Visit Equitas Small Finance Bank IPO subscription status page for real-time bidding information about Equitas Small Finance Bank IPO.

Equitas Small Finance Bank IPO Timetable

IPO Opens OnOct 20, 2020
IPO Closes OnOct 22, 2020
Finalisation of Basis of AllotmentOct 27, 2020
Initiation of RefundsOct 28, 2020
Credit of Shares to Demat AccountOct 29, 2020
IPO Listing DateNov 2, 2020