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ESAF Small Finance Bank Limited IPO Share Price

ESAF Small Finance Bank IPO Details

IPO Date: November 3, 2023
Listing Date: November 10, 2023
Face Value: ₹10 per share
Price Band: ₹57 to ₹60 per share
Lot Size: 250 Shares
Total Issue Size: aggregating up to ₹463.00 Cr
Fresh Issue: aggregating up to ₹390.70 Cr
Offer for Sale: aggregating up to ₹72.30 Cr
Issue Type: aggregating up to Book Built Issue IPO
Listing At: aggregating up to BSE, NSE
Share holding pre issue: aggregating up to ₹449,473,798 Cr

ESAF Small Finance Bank IPO Timeline (Tentative Schedule)

ESAF Small Finance Bank IPO opens on November 3, 2023, and closes on November 7, 2023.

IPO Open Date: Friday, Nov 3, 2023
IPO Close Date: Tuesday, Nov 7, 2023
Basis of Allotment Date: Wednesday, Nov 8, 2023
Initiation of Refunds: Wednesday, Nov 8, 2023
Credit of Shares to Demat Account: Thursday, Nov 9, 2023
Listing Date: Friday, Nov 10, 2023
Cut-off time for UPI mandate confirmation: 5 PM on Nov 7, 2023

ESAF Small Finance Bank IPO Lot Size

Investors can bid for a minimum of 250 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application: Retail (Min) Retail (Max) S-HNI (Min) S-HNI (Max) B-HNI (Min)
Lots: 1 13 14 66 67
Shares: 250 3250 3,500 16,500 16,750
Amount: ₹15,000 ₹195,000 ₹210,000 ₹990,000 ₹1,005,000