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ESAFSFBEQ / NSE, BSEListed

ESAF Small Finance Bank Limited

Incorporated in 1992, ESAF is a Small Finance Bank primarily focused on providing loans to rural and semi-urban customers, offering micro loans, retail loans, MSME loans, loans to financial institutions, and agricultural loans. As of March 2023, the bank operates through 700 outlets, 743 customer service centers, 20 business correspondents, 481 business facilitators, and 581 ATMs across 21 states in India. ESAF also provides convenient digital banking solutions such as internet banking, mobile banking, SMS alerts, bill payments, and RuPay debit cards. As of March 2022, the bank has employed over 4,100 people.

₹57 - ₹6077x sub
Listed Price71.00
Listing Gain+18.33%
TimelineBook Built Issue IPO
Open03 Nov 2023
Close07 Nov 2023
Allotment09 Nov 2023
Listing10 Nov 2023

Quota Reservation Portions

QIBPortion: 3,75,41,665 shares
48.53%
Nii (hni)Portion: 1,12,62,500 shares
14.56%
RetailPortion: 2,62,79,167 shares
33.97%
EmployeePortion: 22,72,727 shares
2.94%

Minimum Application Bracket Matrix

Retail1 lots / 250 shares
₹15,000
sHNI14 lots / 3,500 shares
₹2,10,000
bHNI67 lots / 16,750 shares
₹10,05,000

About the Company

Incorporated in 1992, ESAF is a Small Finance Bank primarily focused on providing loans to rural and semi-urban customers, offering micro loans, retail loans, MSME loans, loans to financial institutions, and agricultural loans. As of March 2023, the bank operates through 700 outlets, 743 customer service centers, 20 business correspondents, 481 business facilitators, and 581 ATMs across 21 states in India. ESAF also provides convenient digital banking solutions such as internet banking, mobile banking, SMS alerts, bill payments, and RuPay debit cards. As of March 2022, the bank has employed over 4,100 people.

Company Promoters

Kadambelil Paul ThomasESAF Financial Holdings Private Limited
ESAF Small Finance Bank Limited IPO Details | GMP, Allotment & Financials | IPO Trending