Capital Small Finance Bank Limited IPO
- IPO Date07 Feb, 2024 to 09 Feb, 2024
- Listing Date14 Feb, 2024
- Face Value₹10 per share
- Issue Price₹445 to ₹468 per share
- Lot Size32 Shares
- Minimum Investment₹14,976
- Listing AtBSE, NSE
- Total Issue Size1,11,76,713 Shares
(aggregating up to ₹523.07 Cr) - Fresh Issue96,15,384 Shares
(aggregating up to ₹450.00 Cr)
- Offer for Sale15,61,329 Shares
(aggregating up to ₹73.07 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue3,53,50,636
- Shareholding post issue4,49,66,020
IPO Dates
Closing Date
09 Feb, 2024
Initiation of Refunds
13 Feb, 2024
Listing Date
14 Feb, 2024
07 Feb, 2024
Opening Date
12 Feb, 2024
Basis of Allotment
13 Feb, 2024
Credit of Shares
Capital Small Finance Bank Limited Lot Size
Investors can bid for a minimum of 32 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 32 | ₹14,976 |
| B-HNI (Min) | 67 | 2144 | ₹10,03,392 |
| Retail (Max) | 13 | 416 | ₹1,94,688 |
| S-HNI (Max) | 66 | 2112 | ₹9,88,416 |
| S-HNI (Min) | 14 | 448 | ₹2,09,664 |
Capital Small Finance Bank Limited Promoter Holding
The promoters of the Bank, namely Sarvjit Singh Samra, Amarjit Singh Samra, Navneet Kaur Samra, Surinder Kaur Samra and Dinesh Gupta
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 24.01% | - |
Capital Small Finance Bank Limited COMPANY INFORMATION
Capital SFB IPO is a book built issue of Rs 523.07 crores. The issue is a combination of fresh issue of 0.96 crore shares aggregating to Rs 450.00 crores and offer for sale of 0.16 crore shares aggregating to Rs 73.07 crores. Capital SFB IPO bidding started from February 7, 2024 and ended on February 9, 2024. The allotment for Capital SFB IPO was finalized on Monday, February 12, 2024. The shares got listed on BSE, NSE on February 14, 2024. Capital SFB IPO price band is set at ₹445 to ₹468 per share. The minimum lot size for an application is 32 Shares. The minimum amount of investment required by retail investors is ₹14,976. The minimum lot size investment for sNII is 14 lots (448 shares), amounting to ₹209,664, and for bNII, it is 67 lots (2,144 shares), amounting to ₹1,003,392. Nuvama Wealth Management Limited, Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) and Equirus Capital Private Limited are the book running lead managers of the Capital SFB IPO, while Link Intime India Private Ltd is the registrar for the issue. Refer to Capital SFB IPO RHP for detailed information.
Incorporated in 1999, Capital Small Finance Bank Limited is a a small finance bank. In 2015, Capital SFB became the first non-NBFC microfinance entity to receive the SFB license. The company has a strong presence in semi-urban and rural areas with a branch-based operating model.
Capital Small Finance Bank targets middle-income customer segments with an annual income of ₹0.4-5 million. They aim to be the primary banker for these customers through a mix of product offerings, customer service, physical branches, and digital channels.
Capital Small Finance Bank is headquartered in Jalandhar, Punjab and has strategically expanded its SFB operations in northern states of India such as Punjab, Haryana, Rajasthan, Delhi, Himachal Pradesh and UT Chandigarh.
As of June 30, 2023, Capital Small Finance Bank had a presence in five states and one union territory, with a total of 172 branches and 174 ATMs. The bank's branches were predominantly located in rural and semi-urban areas, covering 24 districts, and serving approximately 75.90% of the total customers, both in terms of credit and deposits. This suggests that the bank has a well-defined niche catering to the middle-income group, with a special emphasis on rural and semi-urban areas.
As of March 31 and June 30, 2023, respectively, 99.82% and 99.84% of the bank's loan book was secured, with 85.16% and 84.66% of loans secured by immovable properties.
The average ticket size of Capital Small Finance Bank's agriculture, MSME and trading, and mortgage lending products as of March 31, 2023, were ₹ 1.23 million, ₹ 1.82 million, and ₹ 1.16 million respectively.
As of June 30th, 2023, Capital Small Finance Bank has a total of 1827 employees working for the organization.
FAQs About Capital Small Finance Bank Limited Ipo
Capital Small Finance Bank Limited IPO will open on 07 Feb, 2024 and close on 09 Feb, 2024. Investors must apply within this period to participate.
The Capital Small Finance Bank Limited IPO price band is set between ₹445.00 and ₹468.00 per share. The minimum lot size is 32, requiring an investment of at least ₹14976.00.
The Capital Small Finance Bank Limited IPO shares are expected to be listed on 14 Feb, 2024, subject to regulatory approvals and final allotment.
You can track your Capital Small Finance Bank Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Capital Small Finance Bank Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.