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JSFBEQ / NSE, BSEListed
Jana Small Finance Bank

Founded in July 2006, Jana Small Finance Bank has grown into a key player in the financial sector, offering a variety of services for individuals and businesses. Their loan offerings include MSME loans, affordable housing loans, term loans to NBFCs, loans against fixed deposits, two-wheeler loans, and gold loans. Jana SFB also provides unsecured loans for various needs, including micro-businesses, agriculture, education, home improvements, and personal expenses. Their loan portfolio is structured into three categories, covering everything from school fees and debt consolidation to business growth. The bank is committed to digital banking, offering seamless mobile and internet banking services for both retail and corporate customers. Between March 31, 2021, and March 31, 2023, their secured advances nearly doubled, growing at an impressive 39.69% CAGR, reaching ₹99,047.54 million. With 754 banking outlets across 22 states and 2 union territories, including 272 branches in unbanked rural areas, Jana SFB has successfully reduced regional concentration risks. Since its launch, Jana SFB has served 12 million customers, with 4.57 million active customers as of March 31, 2023. Over the past three years, they have consistently expanded their customer base, adding 0.91 million, 0.51 million, and 0.08 million new customers annually. The bank’s success is driven by its dedicated team of 18,184 employees, committed to providing top-notch financial services and ensuring customer satisfaction.

₹393 - ₹41419.19x sub
Listed Price₹396.00
Listing Gain-4.35%

IPO Schedule & Timeline

Book Built Issue IPO
Open07 Feb 2024
Close09 Feb 2024
Allotment12 Feb 2024
Listing14 Feb 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail47,04,687 shares
34.17%
Nii(hni)20,16,294 shares
14.64%
QIB26,88,392 shares
19.53%
Employees3,43,511 shares
2.49%

Minimum Application Lots

Retail1 Lot (36 shares)
₹14,904
sHNI14 Lots (504 shares)
₹2,08,656
bHNI68 Lots (2,448 shares)
₹10,13,472

Company Promoters

Jana Capital LimitedJana Holdings Limited

Company Background

Founded in July 2006, Jana Small Finance Bank has grown into a key player in the financial sector, offering a variety of services for individuals and businesses. Their loan offerings include MSME loans, affordable housing loans, term loans to NBFCs, loans against fixed deposits, two-wheeler loans, and gold loans. Jana SFB also provides unsecured loans for va...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-23)₹2215.57 Cr
Growth-18.6%
Revenue Trend (₹ in Crores)
0.01.4k2.8k4.3kMar-21Mar-22 Mar-23 Sep-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-232,215.57213.2228,105.875,313.54
Mar-23 3,699.88 255.9725,643.696,277.46
Mar-22 3,062.37 17.4720,188.714,509.83
Mar-212,720.7472.2619,078.664,815.32

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-2347.4716.78%0%00
Mar-223.441.53%0%15.1110.15
Mar-2114.256.51%0%00

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
12 Feb 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
14 Feb 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Jana 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 Finalization12 Feb 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date14 Feb 2024Trading commences on exchange

How to Check Jana Small Finance Bank Allotment Online

1Open Portal

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

2Select Company

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

3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Jana Small Finance Bank IPO

Complete issue overview for Jana Small Finance Bank (JSFB) IPO. The issue features an equity share price band of ₹393 – ₹414 per share with a minimum retail lot size of 36 Shares (minimum application amount of ₹14,904). 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