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ESAFSFBEQ / NSE, BSEListed
ESAF Small Finance Bank

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.

DRHPANCHOR
₹57 - ₹6077x sub
Listed Price₹71.00
Listing Gain+18.33%

IPO Schedule & Timeline

Book Built Issue IPO
Open03 Nov 2023
Close07 Nov 2023
Allotment09 Nov 2023
Listing10 Nov 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB3,75,41,665 shares
48.53%
Nii (hni)1,12,62,500 shares
14.56%
Retail2,62,79,167 shares
33.97%
Employee22,72,727 shares
2.94%

Minimum Application Lots

Retail1 Lot (250 shares)
₹15,000
sHNI14 Lots (3,500 shares)
₹2,10,000
bHNI67 Lots (16,750 shares)
₹10,05,000

Company Promoters

Kadambelil Paul ThomasESAF Financial Holdings Private Limited

Company Background

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 faci...

Lead Managers & Bankers

ICICI Securities LimitedDam Capital Advisors LimitedNuvama Wealth Management Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun 2023)₹991.78 Cr
Growth-43.9%
Revenue Trend (₹ in Crores)
0.01.2k2.4k3.6kMar 2021Mar 2022Mar 2023Jun 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun 2023991.78129.9620,795.942,739.13
Mar 20233,141.57302.3320,223.663,354.20
Mar 20222,147.5154.7317,707.562,952.83
Mar 20211,768.42105.4012,338.651,694.00

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values6.730%0%8.945.94

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
09 Nov 2023
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
10 Nov 2023

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for ESAF Small Finance Bank. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization09 Nov 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date10 Nov 2023Trading commences on exchange

How to Check ESAF Small Finance Bank Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select ESAF Small Finance Bank from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About ESAF Small Finance Bank IPO

Complete issue overview for ESAF Small Finance Bank (ESAFSFB) IPO. The issue features an equity share price band of ₹57 – ₹60 per share with a minimum retail lot size of 250 Shares (minimum application amount of ₹15,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions