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IPO Status: Listed [17th Mar 2021 to 19th Mar 2021]
| IPO Issue Opening Date: | 17th Mar 2021 |
| IPO Issue Closing Date: | 19th Mar 2021 |
| IPO Issue Price: | ₹303-305 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | 51.85 |
| IPO Issue Type: | Book Build Issue |
| IPO Issue Size: | ₹582.34 Cr |
| Offer for Sale: | 10,943,070 shares at ₹305 per share [Aggregating upto ₹333.76 Cr] |
| Fresh Issue: | 8,150,000 shares at ₹305 per share [Aggregating upto ₹248.58 Cr] |
| Face Value: | ₹10 Per Equity Share |
| IPO Discount: | NA |
| Promoter Holding Pre IPO: | 30.35% |
| Promoter Holding Post IPO: | 28.02% |
| Allotment Status: | Allotment Status |
| BSE Code: | 543279 |
| NSE Code: | SURYODAY |
Get important updates regarding Suryoday Small Finance Bank IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 24th Mar 2021 |
| Refunds Initiation* | 24th Mar 2021 |
| Credit of Shares to Demat* | 25th Mar 2021 |
| IPO Listing Date* | 26th Mar 2021 |
* - Tentative Dates
| IPO Activity | Date |
|---|---|
| Issue Price | ₹303-305 |
| Market Lot: | 49 Shares |
| 1 Lot Amount: | ₹14945 |
| Min Small HNI Lots(2-10 Lakh): | 686 shares(14 lots) |
| Min Big HNI Lots(10+ Lakh): |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 25-03-2021 | 305 | -10 | -- | ₹295 (-3.28%) | 25-Mar-2021 10:49 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
India's one of the leading small finance banks, Suryoday Small Finance Bank is coming with an IPO of Rs. 582 Cr. The IPO opens on 17 Mar and closes on 19 March. It is a book-built IPO that price band is Rs. 303-305 that is 30.3 and 30.5 times the face value of Rs. 10. One can apply for the IPO lot size of 49 shares or its multiples subject to a minimum order quantity of Rs. 14,945. Scroll down the page further to know more about Suryoday Small Finance Bank IPO including business overview, financials, strengths, risks, GMP, live subscription, allotment, and recommendations.
Suryoday Small Finance Bank is among one of the leading SFBs in India. The bank serves customers in the unbanked and underbanked segments in India. Initially, the company started its operations as an NBFC and later became an SFB. Since its inception, the firm has expanded its presence, as of Dec 31, 2020, it has a clientele base of 1.44 million customers across 13 states and union territories of India. It also has 661 Customer Service Points (CSPs) to offer additional services.
The bank offers a variety of products and services including commercial vehicle loans, affordable housing loans, micro business loans, unsecured micro and small enterprise, SME loans, secured business loans, etc. It has a strong network distribution of ATMs, phone banking, mobile banking, unified payment interface, tablet banking, CSPs, and net banking services.
| Incorporation | Sector | IPO Issue Size | Website |
| NULL | NULL | ₹582.34 Cr | http://www.suryodaybank.com/ |
The table below is live update of IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | EMP | Total | |
|---|---|---|---|---|---|---|
| # of Shares Offered | 3,718,614 (27.51%) | 2,788,961 (20.64%) | 6,507,575 (48.15%) | 500,000 | 13,515,150 | |
| 1 | 17th Mar 2021 05:02 | 0.00x | 0.04x | 0.84x | 0.06x | 0.42x |
| 2 | 18th Mar 2021 05:02 | 0.00x | 0.20x | 2.00x | 0.17x | 1.01x |
| 3 | 19th Mar 2021 05:02 | 2.18x | 1.31x | 3.09x | 0.34x | 2.37x |
| Suryoday Small Finance Bank Financials | 31-Dec-2020 | 31-Mar-2020 | 31-Mar-2019 | 31-Mar-2018 |
|---|---|---|---|---|
| Total Assets | ₹6,350.41 Cr | ₹5,364.52 Cr | ₹3,761.20 Cr | ₹2,155.96 Cr |
| Total Income | ₹689.27 Cr | ₹854.14 Cr | ₹597.03 Cr | ₹324.93 Cr |
| Net Profit/Loss | ₹54.87 Cr | ₹111.19 Cr | ₹90.34 Cr | ₹11.49 Cr |
Last Updated on 10-Jun-2021 12:49:04
