IPO Synopsis

Equitas Small Finance Bank Ltd

Registered Office: 4th Floor Spencer Plaza Pha-II,No 769 Anna Salai (Mount Road), Chennai - 600002, Tamil Nadu, India. Phone : 91-44-42995000   Fax:91-44-42995050 Email : cs@equitasbank.com Website :www.equitasbank.com

Initial public offer of up to [*] equity shares of face value of Rs. 10 each ("equity shares") of Equitas Small Finance Bank Limited ("Bank" or "Issuer") for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating up to Rs. [*] crores (the "offer") comprising of a fresh issue of up to [*] equity shares aggregating up to Rs. 280.00 crores (the "fresh issue") and an offer for sale of up to 72,000,000 equity shares by Equitas Holdings Limited (the "promoter selling shareholder, and such equity shares the "offered shares") aggregating up to Rs. [*] crores (the "offer for sale"). The offer includes a reservation of up to [*] equity shares, aggregating up to Rs. 51.00 crores (constituting up to [*]% of the post-offer paid-up equity share capital), for subscription by eligible EHL shareholders ("EHL shareholder reservation portion") and a reservation of up to [*] equity shares, aggregating up to Rs. 1.00 crores (constituting up to [*]% of the post-offer paid-up equity share capital), for subscription by eligible employees (the "employee reservation portion"). The offer less the EHL shareholder reservation portion and the employee reservation portion is hereinafter referred to as the "net offer". The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the Bank. Price Band: Rs. 32 to Rs. 33 per equity share of face value of Rs. 10 each. The Floor price is 3.2 times of the face value and the cap price is 3.3 times of the face value of the equity shares. Issue Opens On Closes On 20-Oct-20 22-Oct-20 Money Payable On Application Allotment 33.00 0.00 Minimum Application for shares in Nos : 450 Further Multiples of : 450 Cr Lead Managers to the Issue Project Cost (.Cr) 280.00 Edelweiss Financial Services Ltd Project Financed through Current Offer (.Cr) 517.60   Post Issue Equity Share Capital (.Cr) 1138.25 Issue Price () 33.00

Projects

To Augment the Bank's Tier-1 Capital Base to meet the Bank's future capital requirements

Promoted By

Equitas Holdings Ltd

Listing At

BSE

NSE

Registrar to the Issue

No Data Available