Jana Small Finance Bank Ltd
Registered Office : The Fairway B.Park # 10/1 11/2 , 12/2B Nxt to EGL Challaghatta , Bangalore - 560071 , Karnataka , India.
Phone : +91 80 4602 0100 Fax :
Email :investor.grievance@janabank.com Website : www.janabank.com
Initial public offer of 13,768,049# equity shares of face value of Rs. 10 each (Equity Shares) of Jana Small Finance Bank Limited (Bank or Issuer) for cash at a price of Rs. 414 per equity share (including a share premium of Rs. 404 per equity share) aggregating to Rs. 570.00# crores (Offer) comprising of a fresh issue of 11,159,420# equity shares aggregating to Rs. 462.00#* crores (the Fresh Issue) and an offer for sale of 2,608,629# equity shares aggregating to Rs. 108# crores (the Offer for Sale), comprising 906,277# equity shares aggregating to Rs. 37.52# crores by Client Rosehill Limited, 929,656# equity shares aggregating to Rs. 38.49# crores by cvcigp ii employee rosehill limited, 141,285# equity shares aggregating to Rs. 5.85# crores by global impact funds, s.c.a., sicar, sub-fund global financial inclusion fund, 413# equity shares aggregating to Rs. 0.02# crores by growth partnership ii Ajay Tandon co-investment trust, and 998# equity shares aggregating to Rs. 0.04# crores by growth partnership ii Siva Shankar co-investment trust, and 630,000# equity shares aggregating to Rs. 26.08# crores by Hero Enterprise Partner Ventures (the Selling Shareholders and such equity shares the Offered Shares). The offer included a reservation of 326,086# equity shares, aggregating to Rs. 13.50# crores (constituting 0.31% of the post-offer paid-up equity share capital), for subscription by eligible employees (Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer constitute 13.16% and 12.85%, respectively, of the post-offer paid-up equity share capital of he bank. *The bank, in consultation with the brlms, undertook a private placement of (i) 12,154,044 ccps (which were subsequently converted into 401,149 equity shares) at an issue price of Rs. 10 each aggregating to Rs. 12.15 crores (pre-ipo ccps placement); and (ii) 2,439,607 equity shares at an issue price of Rs. 414 each (including a premium of Rs. 404 per equity share) aggregating to Rs. 101 crores (pre-ipo equity placement, and together with pre-ipo ccps placement, the pre-ipo placement). The size of the fresh issue has been adjusted to Rs. 462.00 crores. The bank had intimated the subscribers to the pre-ipo placement that the bank is contemplating the offer and that there is no guarantee that the bank may proceed with the offer, or that the offer may be successful and will result into listing of the equity shares on the stock exchanges, and the investment is being done solely at their own risk. #Subject to finalisation of basis of allotment The face value of equity shares is Rs. 10 each. The offer price is 41.40 times the face value of the equity shares.
Issue | Money Payable On | ||
---|---|---|---|
Opens On | Closes On | Application | Allotment |
2/7/2024 12:00:00 AM | 2/9/2024 12:00:00 AM | Rs 414 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 36 Further Multiples of : 36 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 0 | Axis Capital Ltd |
Project Financed through Current Offer | 570 | |
Post Issue Equity Share Capital | 0 | |
Issue Price | Rs. 414 |
Projects |
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To be utilised towards Augmentation of the Banks Tier I capital base to meet the Banks future capital requirements |
Promoted By | Listing At | Registrar to the Issue | ||
---|---|---|---|---|
| - | KFin Techologies Ltd |
ATTENTION INVESTORS
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
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This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.
ATTENTION INVESTORS
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
We are ISO 27001:2013 Certified.
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.