Suryoday Small Finance Bank Ltd - Prospectus Synopsis

Suryoday Small Finance Bank Ltd RHP

Registered Office : 1101 Sharda Terrace Plot 65 , Sector 11 CBD Belapur , Navi Mumbai - 400614 , Maharashtra , India.

Phone :   Fax :

Email :company.secretary@suryodaybank.com    Website : www.suryodaybank.com

Initial public offer of 19,093,070 equity shares of face value of Rs. 10 each (equity shares) of Suryoday Small Finance Bank Limited (Bank or issuer) for cash at a price of Rs. 305 per equity share (including a share premium of Rs. 295 per equity share) aggregating to Rs. 580.84 Crores (the issue) comprising a fresh issue of 8,150,000** equity shares aggregating to Rs. 247.94 Crores (the fresh issue) and an offer for sale of 10,943,070 equity shares aggregating to Rs. 332.90 Crores (the offer for sale), comprising 4,387,888 equity shares aggregating to Rs. 133.49 Crores by International Finance Corporation, 2,021,952 equity shares aggregating to Rs. 61.51 Crores by Gaja Capital Fund II Limited, 1,889,845 equity shares aggregating to Rs. 57.49 Crores by DWM (International) Mauritius Ltd, 750,000 equity shares aggregating to Rs. 22.82 Crores by HDFC Holdings Limited, 1,500,000 equity shares aggregating to Rs. 45.63 Crores by IDFC First Bank Limited, 100,000 equity shares aggregating to Rs. 3.04 Crores by Americorp Ventures Limited, 186,966 equity shares aggregating to Rs. 5.69 Crores by Kotak Mahindra Life Insurance Company Limited and 106,419 equity shares aggregating to Rs. 3.24 Crores by Gaja Capital India AIF Trust (Represented by its trustee, Gaja Trustee Company Private Limited) (collectively, referred to as the selling shareholders and such equity shares the offered shares). The issue included a reservation of 500,000 equity shares, aggregating to Rs. 13.75 Crores (constituting 0.47% of the post-issue paid-up equity share capital), for subscription by Eligible Employees (The Employee Reservation Portion). The issue less the employee reservation portion is hereinafter referred to as net issue. The issue and net issue constitute 17.99% and 17.52%, respectively, of the post-issue paid-up equity share capital of the bank. The bank and the selling shareholders in consultation with the book running lead managers, have offered a discount of Rs. 30 per equity share on the issue price to eligible employees bidding in the employee reservation portion (Employee Discount). Issue Price : Rs. 305 per Equity Share of face value of Rs. 10 each. Anchor Investor Issue Price : Rs. 305 per Equity Share. The Issue Price is 30.50 times the face value.