Small finance banks bounce back from Covid lowsEquitas and Ujjivan lead the show with more than 80% jump in market capitalisation this year while Suryoday bounced back after dips in the ...
Chasing IPO gold, small lenders, finance companies to raise over Rs 6,500 croreThe IPO pipeline of small finance, microfinance and non-banking finance companies worth over ₹6,500 crore is bigger than the amounts raised...
Capital Small Finance Bank files IPO papers with SebiThose selling shares in the OFS include -- Oman India Joint Investment Fund II, PI Ventures LLP, Amicus Capital Private Equity I LLP and Am...
Utkarsh Small Finance Bank IPO to open on July 12. 10 things to know about the public offerUtkarsh Small Finance Bank will begin its 3-day initial public offering (IPO) on July 12, with shares expected to be listed on both the exc...
Price band for Utkarsh Small Finance Bank IPO fixed at Rs 23-25 per share. Check detailsAbout 75% of the offer is reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NII) and the rest 10% fo...
Utkarsh Small Finance Bank IPO to open on July 12. Check detailsUtkarsh Small Finance Bank is launching an IPO of fresh issue shares worth INR500 crore ($67m) to increase its Tier 1 capital base in order...
Ramesh Damani, Ashish Kacholia & others invest Rs 560 cr in Jana BankThe bank raised the money this week in which investors like Enam Holdings' Akash Bhanshali, Ashish Kacholia, DMart owner Radhakishan Damani...
Small finance banks, microlenders stay away from IPO partyHalf-a-dozen entities in the small finance bank and microfinance space that have received approval for raising funds through initial public...
Why newly-listed stocks of banks and NBFCs are failing to beat the StreetBanks and finance companies that have listed on the bourses in the past two years have mostly been let-downs for investors even as stock be...
Fincare Small Finance Bank files IPO papers with SEBIThe company is a "digital-first" SFB with a focus on unbanked and under-banked customers, especially in rural and semi-urban areas.
Fincare SFB to file IPO papers this weekFincare SFB was one of the 10 micro finance institutions that received RBI permission to convert into a small finance bank. Under RBI norms...
Suryoday Small Finance Bank's shares close 9% lower than issue price on debutThe lender became the fourth small finance bank (SFB) to be listed after AU Small Finance Bank, Equitas Small Finance Bank and Ujjivan Smal...
Equitas Small Finance Bank lists at 6% discount to issue priceThe IPO, which was sold between October 20 and 22, was subscribed 1.95 times in the three-day bidding process, much less compared with the ...
Equitas SFB IPO opens for subscription: Here's what analysts are sayingThe Equitas IPO is not commanding much premium over the price band in the grey market, the unofficial market for trading in unlisted shares...
Retail investors can give Equitas SFB IPO a miss: Here's whyThe IPO demands a lower valuation compared with peers including Ujjivan SFB and AU SFB. But, Equitas SFB has poorer asset quality largely d...
Fincare Small Finance Bank plans Rs 1,200 crore IPO, hires bankersAs per central bank norms, SFBs need to have a holding company as a promoter and the bank to be listed in three years of commencement of op...
Small finance banks start on a strong wicket: ICRAICRA estimates that SFBs have reported an annualised growth of 33% in the assets under management (AUM) in 9M FY2019 to Rs. 64,325 crore.