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ESAF IPO GMP Date wise
| Date | GMP (Grey Market Premium) | Expected Listing Price |
| 3rd November | Rs. 20 | Rs. 80 |
| 2nd November | Rs. 9 | Rs. 69 |
| 1st November | Rs. 9 | Rs. 69 |
| 31st October | Rs. 9 | Rs. 69 |
Upcoming IPO ESAF Finance Bank: The underbanked can obtain banking services and small loans from ESAF Small Finance Bank, an Indian small finance bank. It was created in 1992 and started out as a small finance bank in March 2017. The bank employs around 4,100 people and serves 56 lakh customers. The bank is one of the ten NBFCs that the Reserve Bank of India has given its in-principle approval to establish a Small Finance Bank in the private sector.
Read about Cello World IPO
On November 3, 2023, ESAF Small Finance Bank will launch its initial public offering (IPO). The IPO consists of three shareholders’ offer-for-sale (OFS) of equity shares valued at ₹72.3 crore and the company’s new issue of equity shares valued at ₹390.7 crore. With its initial public offering, the bank hopes to raise Rs 463 crores at the top of the pricing band.
*Every upcoming IPO investor always looks for latest GMP so first we should know the latest GMP (Grey Market Premium).
ESAF Small Finance Bank IPO Details:
| Bidding Date | 3rd Nov to 7th Nov |
| Lot Size | 250/lot |
| Price range | Rs. 57 to Rs. 60 |
| Total issue size | Rs. 463 Crore |
How to Apply for 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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