|
|
| Issue Open | Oct 20, 2020 |
| Issue Close | Oct 22, 2020 |
| IPO Price | ₹33 |
| Face Value | ₹10 |
| IPO Size | ₹517.60 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 450 |
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 Category | Subscription (times) |
|---|---|
| Qualified Institutions | 3.91 |
| Non-Institutional Buyers | 0.22 |
| Retail Investors | 2.08 |
| Employees | 1.84 |
| Others | 0.42 |
| Total | 1.95 |
| Date | QIB | NII | Retail | EMP | Others | Total |
|---|---|---|---|---|---|---|
Day 1 | 0.00 | 0.01 | 0.38 | 0.12 | 0.05 | 0.17 |
Day 2 | 0.00 | 0.02 | 0.64 | 0.25 | 0.08 | 0.29 |
Day 3 | 3.91 | 0.22 | 2.08 | 1.84 | 0.42 | 1.95 |
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.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 27,975,001 | 24.15% |
| NII | 21,487,500 | 18.55% |
| Retail | 50,137,500 | 43.28% |
| Employee | 312,500 | 0.27% |
| Others | 15,937,500 | 13.76% |
| Total | 115,850,001 | 100% |
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.
Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.
The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.
A category of eligible employees who have a reserved quota in the IPO.
A category of eligible shareholders or other investors who have a reserved quota in the IPO.
The Equitas Small Finance Bank IPO is subscribed 1.95 by Oct 22, 2020.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 3.91 |
| Non Institutional | 0.22 |
| Retail Individual | 2.08 |
| Employee Reservations | 1.84 |
| Others | 0.42 |
| Total Subscription | 1.95 |
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.
Visit Equitas Small Finance Bank IPO subscription status page for real-time bidding information about Equitas Small Finance Bank IPO.
| IPO Opens On | Oct 20, 2020 |
| IPO Closes On | Oct 22, 2020 |
| Finalisation of Basis of Allotment | Oct 27, 2020 |
| Initiation of Refunds | Oct 28, 2020 |
| Credit of Shares to Demat Account | Oct 29, 2020 |
| IPO Listing Date | Nov 2, 2020 |
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
