ListedMainboardSURYODAY

Suryoday Small Finance Bank Limited

Suryoday Small Finance Bank Limited is a mainboard IPO raising ₹581 Cr at ₹303 – ₹305 a share. It listed on 30 Mar 2021 and trades at ₹167 today, −45.3% against its issue price of ₹305. It was subscribed 2.37× in total.

305
Issue price
167
Price now
−45.3%
Since issue price
30 Mar 2021
Listed on
2.37×Subscribed (final) · all exchanges

2.4 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₹303 – ₹305
Cut-off price₹305
Issue size₹581 Cr
Shares per lot49
Minimum application₹14,945
Minimum quantity49
Face value₹10
Listing exchanges
ISININE428Q01011
Bidding hours10:00 – 17:00 IST
Bidding window17 Mar 2021 – 19 Mar 2021

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.