ListedMainboardESAFSFB

ESAF Small Finance Bank Limited

ESAF Small Finance Bank Limited is a mainboard IPO raising ₹463 Cr at ₹57 – ₹60 a share. It listed on 10 Nov 2023 and trades at ₹37 today, −37.7% against its issue price of ₹60. It was subscribed 73× in total.

60
Issue price
37
Price now
−37.7%
Since issue price
10 Nov 2023
Listed on
73×Subscribed (final) · all exchanges

73.2 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹57 – ₹60
Cut-off price₹60
Issue size₹463 Cr
Shares per lot250
Minimum application₹15,000
Minimum quantity250
Face value₹10
Listing exchanges
ISININE818W01011
Bidding hours10:00 – 17:00 IST
Bidding window3 Nov 2023 – 7 Nov 2023

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.