CAPITAL SFB IPO
Hyundai India to Ola Electric: Over Rs 50,000 crore worth planned IPOs likely in next few months
Some of the expected IPOs in the next few months include that of Ola Electric, FirstCry, Fincare SFB, NSDL, Afcons Infrastructure, Waaree Energies, Asirvad Microfinance, Stanley Lifestyles, One MobiKwik Systems, Emcure Pharmaceuticals, Allied Blenders and Distillers, Shiva Pharmachem, Bansal Wire Industries among others.
Unlisted shares offer terrific returns, but also carry very high risks; should you invest?
In the past decade, many Indians have embraced the equity culture and started investing in stocks and equity mutual funds. Some analysts feel that retail investors should put money in unlisted shares if they want outsized returns. Other financial advisers say retail investors should not dabble in unlisted shares for the simple reason that the risk they entail is not worth the rewards they offer.
Jana Small Finance Bank lists at a discount. Should you buy, sell or hold now?
"The key trigger of Jana SFB’s strong fundamentals is that it intends to strengthen its liability franchise with a focus on growing its deposit base to attain a stable and low-cost source of funding. Thus, we advise the investors who have been allotted the shares to hold them for the long term," said Shreyansh V Shah, Research Analyst, StoxBox.
Capital Small Finance Bank makes a disappointing debut. What should investors do now?
Analysts said the negative performance falls significantly short of pre-listing expectations and raises questions about investor confidence in the bank's prospects.
We raised Rs 575 crore in total, money to go towards growth of bank: Ajay Kanwal, Jana SFB
Jana SFB's ROA has been improving due to factors such as growth in good quality assets, reduction in COVID provisioning, and cost control through digitalization. The bank anticipates a continued improvement in ROA in the future. The September 23 NIM was also 7.8%, March was 7.7%. So, the bank maintained a flattish NIMs growth. There was a small rise in cost of funds but thanks to a product mix we are able to make sure the NIMs remain steady.
After successful IPOs, two small finance banks to debut on D-Street tomorrow. Here's what to expect
Ahead of the listing, the GMP of Jana SFB is around Rs 30, indicating a gain of 7% on debut, while that of Capital SFB is Rs 0, which implies a flat or even a discounted listing. Both the IPOs of Jana SFB and Capital SFB sailed through with subscriptions of 18.5 times and 2 times, respectively.
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IPO Calendar: Primary market to breathe easy with only 2 IPOs scheduled next week
The Street will see a flurry of listings, four of them in the mainboard segment. Three IPOs of Rashi Peripherals, Jana SFB and Capital SFB opened last week and closed for subscription. The listings of these three public offers are scheduled for next week.
Capital Small Finance Bank IPO: Check subscription on last day, GMP and other details
Capital Small Finance Bank IPO is a fresh equity issue of Rs 450 crore and an offer for sale (OFS) of 15.61 lakh shares. Under the OFS, Oman India Investment Fund, Amicus among others will offload shares.
Jana Small Finance Bank IPO booked 18.5 times on last day. Check GMP and other details
Jana Small Finance Bank IPO was subscribed 18.5 times on Friday, the third day of the bidding process, led by robust bidding from non-institutional and institutional investors.
Capital Small Finance Bank IPO: Retail portion fully booked. Check GMP and other details
Capital Small Finance Bank commenced operations as India’s first small finance bank in 2016. They offer a range of banking products on the asset and liability side. It has 42% of the branches in rural areas, 34% branches in semi-urban areas and 24% in urban areas, as of September 2023.
Jana Small Finance Bank IPO fully subscribed on Day 2. Check GMP and other details
Jana SFB IPO: Both the categories of retail and NIIs were booked over 2%. The QIB portion lagged with just 14% subscriptions so far. In the unlisted market, the shares are fetching a premium of Rs 55, down from the previous day.
Controls in place to avoid loans to NPA customers: Jana SFB CEO Ajay Kanwal
Jana Small Finance Bank has 771 branches in 22 states and 2 UTs, with ~49 lakhs customers and ~20,000 employees. The bank's customer base has grown by ~3 lakhs in the first 6 months of this financial year. The bank's growth rate as on Sep’23 Y-o-Y basis was 42.39% on assets and 33.66% on deposits.
Jana Small Finance Bank IPO: Check subscription on Day 1, GMP and other details
The initial public offer (IPO) of Jana Small Finance Bank was subscribed 88% on Wednesday, the first day of the bidding process. The NII portion of the issue was booked the most at 1.2 times, followed by retail investors at 1.19 times. There QIB category was subscribed just 14%.
Capital Small Finance Bank's Rs 523-crore IPO opens. Should you apply?
Capital Small Finance Bank IPO, which opens for subscription today, will run till February 9. The IPO is priced in the range of Rs 445-468 per share and investors can bid for 32 shares in one lot and in multiples thereafter. Capital Small Finance Bank commenced operations as India’s first small finance bank in 2016.
Jana Small Finance Bank IPO opens for subscription. Should you bid?
Jana Small Finance Bank IPO is priced in the range of Rs 393-414 per share, where investors can bid for 36 shares in one lot and multiples thereafter. The issue, which comprises fresh equity worth Rs 462 crore and an offer for sale (OFS) of 26.08 lakh shares, opens today and closes on February 9.
Capital SFB IPO offers exposure to secured MSME lending in the North region
The bank has zero direct exposure to microfinancing with most of the loan book consisting of secured assets unlike some of the SFBs, which have a significant exposure to unsecured microfinancing portfolios. CSFB has one of the lowest costs of funds
Jana and Capital SFBs secure Rs 324 crore from anchor investors ahead of IPOs
Jana's IPO comprises a fresh share issue for Rs 462 crore and an offer for sale of nearly 2.61 million shares by existing investors. It has set the price band at Rs 393 to Rs 414 per share for the IPO which will open for subscription on February 7.
2 small finance banks to raise over Rs 1,000 cr in IPOs. Check GMP before subscription
Ahead of the offer, shares of Jana SFB are trading with a premium of Rs 80, and Capital Small Finance Bank is fetching a GMP of Rs 47. Jana SFB has priced the Rs 570-crore IPO at Rs 414 at the upper end, Capital SFB has fixed a price band of Rs 468.
Capital Small Finance Bank IPO: Offer size, price band among 10 things to know about Rs 523-crore issue
Capital Small Finance Bank IPO comprises a fresh equity issue of Rs 450 crore and an offer for sale (OFS) of 15.61 lakh shares. Under the OFS, Oman India Investment Fund, Amicus among others will offload shares.
Secured loans, low concentration top draw for Jana SFB
It has been improving the share of secured loans in the loan book over the past few years. Its loan book is spread across multiple states with a lesser geographical concentration. Given these factors and a reasonable valuation, investors with a long-term view may consider the IPO.
Capital Small Finance Bank, Jana IPOs to open for subscription on Feb 7
Capital SFB fixes Rs 445-468 price band for share sale, Jana SFB sets Rs 393-414
Jana Small Finance Bank to launch Rs 570-crore IPO on February 7, announces price band
The issue, which received approval from the regulator in November last year, has fixed a price band of Rs 393-414 per share, where investors can bid for 36 shares in one lot and multiples thereafter.
Capital SFB IPO to open on February 7. Check price band, issue size and other details
Capital SFB IPO: The lender has priced the IPO in the range of Rs 445-468 per share and investors can bid for 32 shares in one lot, and in multiples thereafter. About 50% of the offer is reserved for qualified institutional buyers, 35% for retail investors and the remaining 15% for non-institutional investors.
Capital SFB, Krystal Integrated Services and Vibhor Steel get Sebi nod to launch IPOs
Capital Small Finance Bank, which filed its DRHP in September 2023, is among the leading SFBs in India in terms of cost of funds, retail deposits, and CASA deposits for FY23. The issue comprises a fresh issue equity issue of Rs 450 crore and an OFS of 24.12 lakh equity shares by existing investors.
Jana SFB, DOMS Industries among 5 companies get Sebi nod for IPOs
Jana Small Finance Bank's IPO comprises fresh issue of Rs 575 crore and an offer for sale aggregating up to 4,051,516 equity shares by investor selling shareholders
Jana Small Finance Bank gets Sebi nod for IPO
Jana would be the seventh small finance bank (SFB) to be listed. The already listed small finance banks are AU, ESAF, Equitas, Suryoday, Ujjivan and Utkarsh out of the 12 licensed by the Reserve Bank of India
ESAF SFB mobilises Rs 135 crore from anchor investors
The Thrissur-headquartered small finance bank allocated shares worth Rs 20 crore each to ACM Global Fund VCC, Edelweiss Life and Kotak Mahindra Life Insurance Company. Edelweiss Life acquired those shares through its four schemes. ICICI Prudential Life, SBI General Insurance, Founders Collective Fund and Ananta Capital Ventures have put in Rs 11 crore each.
ESAF Small Finance Bank to launch IPO on November 3, aims to raise Rs 463 cr
Under the OFS, promoter selling shareholder ESAF Financial Holdings will offload stake worth Rs 49 crore and other selling shareholders PNB MetLife and Bajaj Allianz Life make up for the remaining OFS portion.
Dee Development Engineers, Capital SFB and CJ Darcl Logistics file draft papers to launch IPOs
Dee Development Engineers is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), chemicals and other process industries
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