It is a good indication for IPO investors that ESAF small finance bank IPO GMP is rising from 15% to 33% on the first day of opening.
Table of Contents
ESAF Small Finance Bank IPO GMP
| Dates: | Grey Market Premium Amount | GMP% (Listing Gain) |
| 3rd November | Rs. 20 | 33% |
| 2nd November | Rs. 9 | 15% |
| 1st November | Rs. 9 | 15% |
| 31st October | Rs. 9 | 15% |
Anchor Investors’ List of ESAF Small Finance Bank IPO
Total 11 Anchor Investors participated in the anchor book, the part of qualified institutional buyers, including
- ACM Global Fund VCC
- Founders Collective Fund
- Ananta Capital Ventures Fund
- Astorne Capital VCC
- BNP Paribas Arbitrage
- Copthall Mauritius Investment
- Alchemie Ventures Fund
Further
- Kotak Mahindra Life Insurance Company
- Edelweiss Tokio Life Insurance Company
- ICICI Prudential Life Insurance
- SBI General Insurance
Also invested in ESAF Small Finance Bank via the anchor book.
Fundamentals & Financials of ESAF Small Finance Bank
| P/E Ratio | 8.94 |
| Post P/E | 5.94 |
| Market capital | Rs. 3087.54 cr |
| EPS | 6.73 |
| RoNW | 17.69% |
| Statement | 2021 | 2022 | 2023 |
| Net income | Rs. 105.40 Cr | Rs. 54.73 Cr | Rs. 302.33 Cr |
| Revenue | Rs. 1641. 17 Cr | Rs. 1939.93 Cr | Rs. 2853.66 cr |
| Gross Profit | Rs. 169. 96 Cr | Rs. 106.62 Cr | Rs. 447.83 Cr |
| Asset | Rs. 12.05 K Crore | Rs. 17.18K | Rs. 19.73 Cr |
| Liabilities | Rs. 10.69 Cr | Rs. 15.77K Cr | Rs. 18.02K Cr |
ESAF Small Finance Bank IPO details:
TimeTable:
- Opening Date: 3rd November, 2023
- Closing Date; 7th November, 2023
- Finalization of Basic Allotment: 10th November
- Initiation of Refund: 13th November
- Transfer of shares to Demat Account; 15th November
- Listing Date: 16th November
- Issue Size: Rs. 463 Cr
- Minimum investment; Rs. 15, 000/Lot
- Price Band: Rs. 57 – Rs. 60
How to Apply for ESAF Small Finance Bank IPO:
- Online Application through: Groww, Upstox, Angel one, etc.
- Online Payment for Apply: BHIM UPI (All supporting banks)
- Allotment Status check on: Linkintime
- All investors shall mandatorily use only apps supported by blocked amount facility for making payments.
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