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Open
17 Mar 2021
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Close
19 Mar 2021
3
Allotment
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Listing
Fri, Mar 26, 2021
Price Band
₹303 to ₹305
Issue Size
1,90,93,070 shares (agg. up to ₹582 Cr)
Lot Size
49 Shares
Listing Date
Fri, Mar 26, 2021
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.70x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 6,350.41 | 5,364.52 | 3,761.20 | 2,155.96 |
| Total Income | 689.27 | 854.14 | 597.03 | 324.93 |
| Profit After Tax | 54.87 | 111.20 | 90.40 | 11.49 |
| EBITDA | 79.91 | 164.16 | 148.32 | 22.50 |
| NET Worth | 1,190.96 | 1,066.23 | 880.37 | 538.49 |
| Reserves and Surplus | 1,101.78 | 979.64 | 798.78 | 470.99 |
| Total Borrowing | 1,487.08 | 1,264.62 | 1,124.23 | 717.83 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Equitas Small Finance Bank Ltd. | Mainboard | ₹517.60 Cr | ₹33 | null | ₹32.80 | -0.61% | ₹77.72 (+0.22%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting our Bank’s Tier –1 capital base to meet our Bank’s futurecapital requirements |
About Suryoday Small Finance Bank IPO
Incorporated in 2008, Suryoday Small Finance Bank Ltd is a leading Small Finance Bank(SFB) in India. The company started offering SFB services in 2017. They serve customers in the unbanked and underbanked segments. Before SBF, the company operated as an NBFC. As of July 31, 2020, the company had 482 Banking Outlets and had a customer base of 14.3 lakh. The company operates predominantly in urban and semi-urban locations. As a bank, Company Offer credit products like MFI loans, Vikas Loans, Shopkeeper Loans, etc. Offer digital banking, NPCI payment systems, and mobile technologies along with banking through traditional channels. Focus on the unserved and the underserved through innovative banking practices. Offers diversified asset portfolio with a focus on retail operations. + Read More
Contact Details
Suryoday Small Finance Bank Ltd. AddressUnit No.1101, Sharda TerracesPlot No.65, Sector 11, CBD BelapurNavi Mumbai, Maharashtra, 400614+91 22 4043 5800company.secretary@suryodaybank.comVisit Website