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SURYODAYEQ / NSE, BSEListed
Suryoday Small Finance Bank

Incorporated in 2008, Suryoday Small Finance Bank Ltd is a leading Small Finance Bank in India, serving primarily unbanked and underbanked customers. The company commenced its SFB operations in 2017, having previously operated as an NBFC. As of July 31, 2020, it had 482 banking outlets and a customer base of 1.43 million, operating mainly in urban and semi-urban areas. The bank offers a range of credit products including MFI loans, Vikas Loans, and Shopkeeper Loans, along with digital banking, NPCI payment systems, and mobile banking solutions. It focuses on innovative banking practices to serve underserved segments and maintains a diversified asset portfolio with an emphasis on retail operations.

drhpanchor
₹305 - ₹305Open
Listed Price₹292.00
Listing Gain-4.26%

IPO Schedule & Timeline

Bookbuilding IPO
Open17 Mar 2021
Close19 Mar 2021
Allotment24 Mar 2021
Listing26 Mar 2021

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB48.69 shares
9296534%
HNI27,88,961 shares
14.61%
Retail65,07,575 shares
34.08%
Employee5,00,000 shares
2.62%

Minimum Application Lots

Retail1 Lot (49 shares)
₹14,945
HNI14 Lots (686 shares)
₹2,09,230
bHNI67 Lots (3,283 shares)
₹10,01,315

Company Promoters

Baskar Babu RamachandranP. Surendra PaiP. S. JagdishG. V. Alankara

Company Background

Incorporated in 2008, Suryoday Small Finance Bank Ltd is a leading Small Finance Bank in India, serving primarily unbanked and underbanked customers. The company commenced its SFB operations in 2017, having previously operated as an NBFC. As of July 31, 2020, it had 482 banking outlets and a customer base of 1.43 million, operating mainly in urban and semi-u...

Lead Managers & Bankers

Axis Capital LimitedICICI Securities LimitedIIFL Capital Services LimitedSBI Capital Markets Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-20)₹6892.73 Cr
Growth+112.1%
Revenue Trend (₹ in Crores)
0.03.3k6.5k9.8kMar-18Mar-19Mar-20Dec-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-206,892.73548.6663,504.090
Mar-208,541.381,111.9853,645.220
Mar-195,970.29903.9837,612.030
Mar-183,249.26114.9221,559.640

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: Kfin Technologies Limited

Allotment Finalized
Allotment Date
24 Mar 2021
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
26 Mar 2021

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

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

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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 Finalization24 Mar 2021Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date26 Mar 2021Trading commences on exchange

How to Check Suryoday Small Finance Bank Allotment Online

1Open Portal

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

2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Suryoday Small Finance Bank IPO

Complete issue overview for Suryoday Small Finance Bank (SURYODAY) IPO. The issue features an equity share price band of ₹305 per share with a minimum retail lot size of 49 Shares (minimum application amount of ₹14,945). 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