Capital Small Finance Bank IPO Details ( Capital Small Finance Bank Limited IPO Review )
(7 Feb 2024 – 9 Feb 2024)
Established in 1999, Capital Small Finance Bank Limited is a small finance bank. In 2015, it became the first microfinance entity outside of NBFCs to obtain the SFB license. The bank operates mainly through branches and has a strong presence in semi-urban and rural areas.
Catering to middle-income customers earning between ₹0.4-5 million annually, Capital Small Finance Bank aims to be the go-to bank for this segment. They achieve this through a variety of products, excellent customer service, physical branches, and online channels.
Headquartered in Jalandhar, Punjab, Capital Small Finance Bank strategically extends its operations to northern states like Punjab, Haryana, Rajasthan, Delhi, Himachal Pradesh, and UT Chandigarh.
As of June 30, 2023, the bank has 172 branches and 174 ATMs across five states and one union territory. With a focus on rural and semi-urban areas, the bank covers 24 districts, serving around 75.90% of its customers in terms of credit and deposits. This emphasizes the bank’s niche in the middle-income group, especially in rural and semi-urban regions.
On March 31 and June 30, 2023, 99.82% and 99.84% of the bank’s loan book were secured, with 85.16% and 84.66% of loans secured by immovable properties.
The average loan sizes for Capital Small Finance Bank’s agriculture, MSME and trading, and mortgage lending products were ₹1.23 million, ₹1.82 million, and ₹1.16 million respectively, as of March 31, 2023.
As of June 30, 2023, the bank employs a total of 1827 individuals.
Capital Small Finance Bank Limited IPO Competitive Strength
- Retail focused liability franchise with a high share of CASA
- Secured and diversified advances portfolio
- Streamlined credit assessment processes and risk management practices
- Customer centric approach and understanding of target customers
- Consistent track record of growth with constantly improving operational and profitability metrics
- Professional and experienced leadership team
Capital Small Finance Bank IPO Financials Performance ( Results )
Capital Small Finance Bank Limited Financial Information (Restated)
All Amount in ₹ Crores
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 6,371.24 | 557.27 | 40.78 | 11.98 | 450.79 | 416.88 | 616.72 |
| 31-Mar-22 | 7,153.92 | 632.40 | 62.57 | 18.22 | 515.78 | 481.74 | 498.43 |
| 31-Mar-23 | 7,990.77 | 725.48 | 93.60 | 27.21 | 610.61 | 576.36 | 721.38 |
| 30-Sep-23 | 8,390.69 | 415.22 | 54.39 | 15.49 | 711.76 | 676.41 | 572.76 |
Objective of Capital Small Finance Bank IPO Issue
- The bank plans to use the funds generated from the Fresh Issue to strengthen its Tier-I capital base, ensuring it can meet future capital needs effectively. Additionally, the proceeds will be allocated to cover expenses related to the Offer. The bank anticipates positive outcomes from listing its Equity Shares on the Stock Exchanges.
Capital Small Finance Bank IPO Basic Details
| IPO Date | Feb 7, 2024 to Feb 9, 2024 |
| Listing Date | Friday, February 14, 2024 |
| Face Value | ₹10 per share |
| Price | ₹445 to ₹468 per share |
| Lot Size | 32 Shares |
| Issue Size | 11,176,713 shares of ₹10 (aggregating up to ₹523.07 Cr) |
| Fresh Issue | 9,615,384 shares of ₹10 (aggregating up to ₹450.00 Cr) |
| Offer for Sale | 1,561,329 shares of ₹10 (aggregating up to ₹73.07 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Share holding pre issue | 35,350,636 |
| Share holding post issue | 44,966,020 |
| Company Promoters | Sarvjit Singh Samra, Amarjit Singh Samra, Navneet Kaur Samra, Surinder Kaur Samra and Dinesh Gupta |
Capital Small Finance Bank IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
Capital Small Finance Bank IPO Timetable
Capital Small Finance Bank IPO will open on February 7, 2024 and close on February 9, 2024. You can join Capital Small Finance Bank IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 7 February 2024 (Wednesday) |
| Closing Date | 9 February 2024 (Friday) |
| Basis of Allotment | 12 February 2024 (Monday) |
| Initiation of Refunds | 13 February 2024 (Tuesday) |
| Credit of Shares to Demat | 13 February 2024 (Tuesday) |
| Listing Date | 14 February 2024 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 9 February 2024 |
Capital Bank IPO Lot Size
For retail investors in Capital Bank IPO, 32 shares will come in 1 lot or the minimum investment will be ₹14,976. Retail-individual investors can apply for up to 13 lots or the maximum investment will be ₹194,688.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 32 | ₹14,976 |
| Retail (Max) | 13 | 416 | ₹194,688 |
| S-HNI (Min) | 14 | 448 | ₹209,664 |
| S-HNI (Max) | 66 | 2,112 | ₹988,416 |
| B-HNI (Min) | 67 | 2,144 | ₹1,003,392 |
Capital SFB IPO Promoter Holding
The company’s promoters include Sarvjit Singh Samra, Amarjit Singh Samra, Navneet Kaur Samra, Surinder Kaur Samra and Dinesh Gupta.
| Pre Issue Share Holding | 24.01% |
| Post Issue Share Holding |
Capital SFB Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 2104.41 |
| Earning Per Share (EPS) | ₹27.21 per Equity Share |
| Net Asset Value (NAV) | ₹178.27 per Equity Share |
| P/E Ratio (P/E) (x) | 17.68 |
| Post P/E Ratio (P/E) (x) | 19.35 |
| Return on Net Worth (RoNW) (%) | 15.33 |
| Return on equity (ROE) (%) | 16.45 |
| Debt/Equity Ratio | 0.95 |
| Price/Book Value Ratio | 2.63 |
Capital Small Finance Bank IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹50 | – | – |
| 3 February 2024 | ₹0 | – | – |
Capital Small Finance Bank IPO Detail Video:
Capital Small Finance Bank IPO Subscription Status (Bidding Detail)
The Capital Small Finance Bank IPO on February 9, 2024 at 7:30:00 PM was subscribed 4.17 times, with the retail category being subscribed 2.60 times, the NII (Non-Institutional Investor) category being subscribed 4.23 times, QIB (Qualified-Institutional Buyers) category being subscribed 6.86 times.
| Category | Subscription |
| QIB | 6.86x |
| NII | 4.23x |
| Retail | 2.60x |
| Total | 4.17x |
Capital Small Finance Bank IPO Prospectus
| Capital Small Finance Bank IPO DRHP | Download |
| Capital Small Finance Bank IPO RHP | Download |
| Capital Small Finance Bank IPO Anchor Investors Details PDF | Download |
Capital Small Finance Bank IPO Rating
| Our Rating | 3.0/5.0 |
Capital Small Finance Bank Company Contact Information
Capital Small Finance Bank Limited
Registered and Corporate Office: MIDAS Corporate Park, 3rd Floor, 37, G.T. Road, Jalandhar 144 001, Punjab, India
Tel: +91 181 5051111/2222
Website: www.capitalbank.co.in
Contact Person: Amit Sharma, Company Secretary and Compliance Officer
E-mail: cs@capitalbank.co.in
Corporate Identity Number: U65110PB1999PLC022634
Our Promoters: Sarvjit Singh Samra, Amarjit Singh Samra, Navneet Kaur Samra, Surinder Kaur Samra and Dinesh Gupta
Capital Small Finance Bank IPO Registrar
Link Intime India Private Limited
Registered Office: C-101, 1st Floor 247 Park Lal Bahadur Shastri Marg Vikhroli (West), Mumbai 400 083, Maharashtra, India
Tel: +91 810 811 4949
E-mail: capitalsfb.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance ID: capitalsfb.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR000004058
Capital Small Finance Bank IPO Lead Manager
Nuvama Wealth Management Limited
(Formerly known as Edelweiss Securities Limited)*
Registered Office: 801 – 804, Wing A, Building No 3, Inspire BKC, G Block Bandra Kurla Complex, Bandra East Mumbai – 400 051, Maharashtra, India
Tel: +91 22 4009 4400
E-mail: capitalsfb.ipo@nuvama.com
Investor grievance email: customerservice.mb@nuvama.com
Contact Person: Manish Tejwani
Website: www.nuvama.com
SEBI registration no: INM000013004
DAM Capital Advisors Limited
Registered Office: One BKC, Tower C, 15th Floor, Unit No. 1511, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 Maharashtra, India
Tel: +91 22 4202 2500
E-mail: capitalsfb.ipo@damcapital.in
Website: www.damcapital.in
Investor Grievance ID: complaint@damcapital.in
Contact Person: Chandresh Sharma/ Akshay Bhandari
SEBI Registration Number: MB/INM000011336
Equirus Capital Private Limited
Registered Office: 1201, C Wing, Marathon Futurex, N.M. Joshi Marg, Lower Parel Mumbai 400 013, Maharashtra, India
Tel: +91 22 4332 0734
E-mail: capitalsfb.ipo@equirus.com
Website: www.equirus.com
Investor Grievance ID: investorsgrievance@equirus.com
Contact Person: Mrunal Jadhav
SEBI Registration Number: INM000011286
Capital Small Finance Bank IPO FAQs
What is the lot size of Capital Small Finance Bank IPO?
The total size of Capital Small Finance Bank IPO is ₹523.07 crores out of which ₹450.00 crores is fresh issue and ₹73.07 crores is offer for sale (OFS).
When will Capital Small Finance Bank IPO start?
Capital Small Finance Bank IPO will open from 7 February 2024 and IPO will close on 9 February 2024.
What is the open date of Capital Small Finance Bank IPO?
Capital Small Finance Bank IPO will open date from 7 February 2024.
What is the last date ( close date ) of Capital Small Finance Bank IPO?
Capital Small Finance Bank IPO will close from 9 February 2024.
What is the price band of Capital Small Finance Bank IPO?
Capital Small Finance Bank IPO price band is ₹445 to ₹468. ( Upper Price Band: ₹468, Lower Price Band: ₹445 )
What is the minimum amount required to apply for Capital Small Finance Bank IPO?
The minimum investment for retailers to apply for Capital Small Finance Bank IPO is ₹14,976 and the maximum investment is ₹194,688.
What is going on gray market premium of Capital Small Finance Bank IPO?
View gray market premium of Capital Small Finance Bank IPO by Clicking Here
How much is the GMP of Capital Small Finance Bank IPO?
Watch Capital Small Finance Bank IPO GMP Today: Click Here
What is the allotment date of Capital Small Finance Bank IPO?
The allotment date of Capital Small Finance Bank IPO is 12 February 2024.
How to check allotment status in Capital Small Finance Bank IPO?
To check the allotment status of Capital Small Finance Bank IPO, first of all go to the registrar website by clicking here, select your bad Capital Small Finance Bank IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Capital Small Finance Bank IPO?
The listing date of Capital Small Finance Bank IPO is 14 February 2024.
How much will be the listing gain in Capital Small Finance Bank IPO?
View listing gain of Capital Small Finance Bank IPO by Clicking Here
How much time Capital Small Finance Bank IPO is subscribed?
Total 4.17 times subscribed in Capital Small Finance Bank IPO out of which 2.60 times subscription was done in retail quota, 4.23 times subscription in NII quota and 6.86 times subscription in QIB quota.
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