Issue Price
₹305
Per Share
GMP
NIL
Grey Market
Est. Listing
₹305
Expected Price
Min. Application
₹29,890
2 lots × 49 shares
Incorporated in 2008, Suryoday Small Finance Bank Ltd is a leading Small Finance Bank(SFB) in India. The company started offering SFB services in 2017. They serve customers in the unbanked and underbanked segments. Before SBF, the company operated as an NBFC.As of July 31, 2020, the company had 482 Banking Outlets and had a customer base of 14.3 lakh. The company operates predominantly in urban and semi-urban locations.As a bank, CompanyOffer credit products like MFI loans, Vikas Loans, Shopkeeper Loans, etc.Offer digital banking, NPCI payment systems, and mobile technologies along with banking through traditional channels.Focus on the unserved and the underserved through innovative banking practices.Offers diversified asset portfolio with a focus on retail operations.
Suryoday Small Finance Bank Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 19,093,070 | 100.00% | ₹582.34 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 49 | ₹14,945 |
| Retail (Max) | 13 | 637 | ₹194,285 |
| sNII (Min) | 14 | 686 | ₹209,230 |
| bNII (Min) | 68 | 3,332 | ₹1,016,260 |
| Particulars | 31-Dec-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue from Operations | 689.27 | 854.14 | 597.03 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 54.87 | 111.20 | 90.40 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 6350.41 | 5364.52 | 3761.20 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |