ESAF Small Finance Bank Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹57 - ₹60
- Lot size
- 250 shares
- Issue amount
- ₹463 cr
- Total subscription
- 77×
- Opens
- 3 Nov 2023
- Closes
- 7 Nov 2023
- Allotment
- 9 Nov 2023
- Listing
- 10 Nov 2023
Offer at a glance
Issue overview
- Issue size
- 7,71,66,667 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,250
- Fresh issue
- ₹390.7 cr
- Offer for sale
- ₹72.3 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹15,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 44,94,73,798
- Shares after issue
- 0
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 250 | ₹15,000 |
| sHNI | 14 | 3,500 | ₹2,10,000 |
| bHNI | 67 | 16,750 | ₹10,05,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 90.1 | 16,457.36 |
| RETAIL | 157.68 | 2,816.4 |
| NIB | 67.58 | 6,001.38 |
| HNIs 2+ | 22.53 | 1,653.62 |
| HNIs 10+ | 45.05 | 4,347.77 |
| EMPLOYEES | 13.7 | 62.9 |
Financial performance
Company financials
in ₹ Crore · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 6.73 |
| ROE | 0 |
| ROCE | 0 |
| RONW | 17.69 |
| PRE IPO(PE) | 8.94 |
| POST IPO(PE) | 5.94 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Strengths
- Microfinance Expertise: Deep understanding of the microloan segment enabled expansion beyond Kerala.
- Strong Rural Presence: Wide reach in rural and semi-urban markets.
- Customer-Centric Approach: Strong relationships built through tailored banking products.
- Digital Banking Platform: Technology-driven convenience and operational efficiency.
Promoters
Kadambelil Paul Thomas
ESAF Financial Holdings Private Limited
Registrar & documents
Lead manager
ICICI Securities Limited, Dam Capital Advisors Limited, Nuvama Wealth Management Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Building No. VII/83/8, ESAF Bhavan, Thrissur-Palakkad National Highway, Mannuthy, Thrissur 680 651
+91 487 7123 907
[email protected]Company website ↗Understanding ESAFSFB IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.