Suryoday Small Finance Bank Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

17 Mar 2021

Close Date

19 Mar 2021

Allotment

24 Mar 2021

Listing Date

26 Mar 2021

Exchange

NSE & BSE

Price Band

₹305

Listing Price

See chart

Allotment Status

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Price Band

₹305

Per share

Face Value

₹10 per share

Lot Size

49 Shares

per lot

Issue Size

1,90,93,070 shares (aggregating up to ₹581.98 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,945

1 lot

Pre-IPO Holding

9,79,80,826 shares

Promoters

Post-IPO Holding

10,61,30,826 shares

Promoters

UPI Deadline

2021-03-19

Mandate

Anchor AllotmentTue, 16 Mar 2021

Basis of AllotmentWed, 24 Mar 2021

Refund InitiationWed, 24 Mar 2021

Demat CreditThu, 25 Mar 2021

Listing DayFri, 26 Mar 2021

UPI Mandate Deadline2021-03-19

Sale TypeFresh Capital-cum-Offer for Sale

Fresh Issue Shares81,50,000 shares (aggregating up to ₹248.42 Cr)

Offer for Sale1,09,43,070 shares of ₹10 (aggregating up to ₹333.56 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Suryoday Small Finance Bank Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 19 Mar 2021.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	19,093,070	100%	₹582.34

IPO Shares Offered

Suryoday Small Finance Bank Ltd. IPO total issue size: ₹582.34 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	19,093,070	₹582.34	100.00%

* Based on upper price band ₹305 per share

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹305.00

Upper Band

Min Investment

₹14,945

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	98	₹29,890
Retail (Max — 13 Lots)	13	637	₹194,285
S-HNI (Min — 14 Lots)	14	686	₹209,230
B-HNI (Min — 68 Lots)	68	3,332	₹1,016,260

* Issue Price ₹305 × Lot Size 49 shares

IPO Schedule

Anchor

16 Mar 2021

✓ Done

IPO Open

17 Mar 2021

✓ Done

IPO Close

19 Mar 2021

✓ Done

Allotment

24 Mar 2021

✓ Done

Refunds

24 Mar 2021

✓ Done

Demat Credit

25 Mar 2021

✓ Done

Listing Day

26 Mar 2021

✓ Done

₹305.00

INR · BSE

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Issue ₹305.00 Live Price

About Suryoday Small Finance Bank Ltd.

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, CompanyOffer 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.

Objects of the Issue

1 Augmenting our Bank’s Tier –1 capital base to meet our Bank’s futurecapital requirements

Suryoday Small Finance Bank Ltd. Financials (Amount in Crore)

Revenue from Operations

₹597.0

31-Mar-19

₹854.1

31-Mar-20

₹689.3

31-Dec-20

Profit After Tax (PAT)

₹90.4

31-Mar-19

₹111.2

31-Mar-20

₹54.9

31-Dec-20

Particulars	31-Dec-20	31-Mar-20	31-Mar-19
Revenue from Operations	689.27	854.14	597.03
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	54.87	111.20	90.40
Net Worth	N/A	N/A	N/A
Total Assets	6350.41	5364.52	3761.20
Reserves & Surplus	N/A	N/A	N/A
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered1,90,93,070 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding9,79,80,826 shares

Post-Issue Promoter Holding10,61,30,826 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

suryodayasfb.ipo@kfintech.com

https://ipostatus.kfintech.com/

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Book Running Lead Managers

Axis Capital Ltd.

ICICI Securities Ltd.

IIFL Capital Services Ltd.

SBI Capital Markets Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Suryoday Small Finance Bank Ltd. IPO subscribed? ▲

Suryoday Small Finance Bank Ltd. IPO is subscribed 1.00 times by Mar 19, 2021. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Suryoday Small Finance Bank Ltd. IPO retail subscription status? ▼

The Suryoday Small Finance Bank Ltd. IPO retail category is subscribed 1.00 times as of 19 Mar 2021. The retail portion is oversubscribed.

How to subscribe Suryoday Small Finance Bank Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 17 Mar 2021 and closes 19 Mar 2021. Min investment: ₹14,945 (1 lot = 49 shares). UPI mandate: 2021-03-19.

How many times Suryoday Small Finance Bank Ltd. IPO subscribed? ▼

The Suryoday Small Finance Bank Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Suryoday Small Finance Bank Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 24 Mar 2021. Refunds: on 24 Mar 2021.

When Suryoday Small Finance Bank Ltd. IPO will be listed? ▼

The Suryoday Small Finance Bank Ltd. IPO listing date is 26 Mar 2021, Friday. Listed on: NSE & BSE. Issue price: ₹305. Estimated listing: ₹305. GMP: NIL.

When Suryoday Small Finance Bank Ltd. IPO close? ▼

The Suryoday Small Finance Bank Ltd. IPO closes on 19 Mar 2021, Friday. UPI mandate: 2021-03-19. Allotment: 24 Mar 2021. Listing: 26 Mar 2021.

Quick Actions

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Live Price LIVE

Last Price₹305.00

Change—

Issue Price₹305.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹305

Face Value₹10

Lot Size49 Sh

Min. Amount₹14,945

GMPNIL

Est. Listing₹305

Subscribed1.00x

Open Date17 Mar 2021

Close Date19 Mar 2021

Allotment24 Mar 2021

Listing Date26 Mar 2021

ExchangeNSE & BSE

UPI Deadline2021-03-19