iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Capital Small Finance Bank IPO Oversubscribed with 1.62 Times Subscription

9 Feb 2024 , 11:59 AM

The IPO of Capital Small Finance Bank saw a subscription of 97% on the second day of bidding, with retail and QIB investor portions fully subscribed, while the NII portion received 64% bids. Click here to subscribe the IPO.

On the third day, at the time of writing, the Non-institutional investors’ portion was oversubscribed by 1.78 times, while the qualified institutional buyers’ (QIBs) portion witnessed a subscription of 1.07 times. The retail portion of the IPO has been oversubscribed by 1.76 times. The IPO has a price band of ₹445-468 per share. 

Capital SFB’s 523 Crore IPO includes a fresh equity issue of 450 Crore and an offer for sale (OFS) of 15.61 lakh shares, with shares being offloaded by Oman India Investment Fund, Amicus, and others.

Established in 2016 as India’s first small finance bank, Capital Small Finance Bank offers a range of banking products, with 42% of branches in rural areas, 34% in semi-urban areas, and 24% in urban areas as of September 2023.

The bank boasts a diversified portfolio with a significant proportion of secured lending, accounting for 99.85% of its portfolio as of September 2023.

In the period ending September 2023, the company’s revenue from operations increased by 21% to 415 Crore, while net profit rose by 31% to 54.3 Crore.

For feedback and suggestions, write to us at editorial@iifl.com

 

Related Tags

  • Capital Small Finance Bank
  • Capital Small Finance Bank IPO live subscription
  • Capital Small Finance Bank IPOsubscription
  • IPO
  • IPO news
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
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.