Capital Small Finance Bank IPO GMP Today ( Grey Market )

Capital Small Finance Bank IPO GMP Today ( Grey Market )

The Capital Small Finance Bank IPO commenced on February 7, 2024, and concluded on February 9, 2024. The allotment of shares took place on February 12, 2024, and the initiation of refunds began on February 13, 2024. The shares were credited to the demat accounts of investors on February 13, 2024. Finally, the listing of Capital Small Finance Bank on the stock exchange occurred on February 14, 2024.

The Capital Small Finance Bank IPO was priced at ₹445 to ₹468 per share, with a lot size of 32 shares. The total issue size was ₹523.07 crores, comprising a fresh issue of 450.00 crores and an offer for sale of ₹73.07 crores. The IPO was listed on both the NSE and BSE.

In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.

Capital Small Finance Bank IPO Basic Details

Company NameCapital Small Finance Bank Limited
Domain of CompanySmall Finance Bank Operator
Capital Small Finance Bank IPO GMP Today₹50
Capital Small Finance Bank IPO Listing Gain10.68%
Capital Small Finance Bank IPO Open DateFebruary 7, 2024
Capital Small Finance Bank IPO Close DateFebruary 9, 2024
Capital Small Finance Bank IPO Allotment DateFebruary 12, 2024
Capital Small Finance Bank IPO Listing DateFebruary 14, 2024
Face Value₹10 per share
Price₹445 to ₹468 per share
Lot Size32 Shares
Issue Size11,176,713 shares of ₹10
(aggregating up to ₹523.07 Cr)
Fresh Issue9,615,384 shares of ₹10
(aggregating up to ₹450.00 Cr)
Offer for Sale1,561,329 shares of ₹10
(aggregating up to ₹73.07 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE, BSE
Company PromotersSarvjit Singh Samra, Amarjit Singh Samra,
Navneet Kaur Samra, Surinder Kaur Samra
and Dinesh Gupta

Capital Small Finance Bank IPO GMP Today:

DateGMPListing GainKostakSubject to
Today₹5010.68%
3 February 2023₹00.00%

Capital Small Finance Bank Limited IPO Details:

Established in 1999, Capital Small Finance Bank Limited is a small finance bank that obtained its SFB license in 2015, marking the first non-NBFC microfinance entity to do so. The bank primarily operates through branches, focusing on semi-urban and rural areas.

With a goal to become the main banking choice for middle-income customers earning ₹0.4-5 million annually, Capital Small Finance Bank employs a combination of product diversity, top-notch customer service, physical branches, and digital channels.

Headquartered in Jalandhar, Punjab, the bank strategically extends its SFB operations across northern states, including Punjab, Haryana, Rajasthan, Delhi, Himachal Pradesh, and UT Chandigarh.

As of June 30, 2023, Capital Small Finance Bank boasts 172 branches and 174 ATMs spread across five states and one union territory. Majority of its branches are strategically located in rural and semi-urban areas, covering 24 districts and serving around 75.90% of its total customers, emphasizing a strong focus on the middle-income group, particularly in rural and semi-urban regions.

By March 31 and June 30, 2023, an overwhelming 99.82% and 99.84% of the bank’s loan book were secured, with 85.16% and 84.66% of loans backed by immovable properties.

The average loan sizes for 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, the bank employs a total of 1827 individuals to support its operations.

Capital Small Finance Bank IPO More Details Click Here

Capital Small Finance Bank IPO FAQs

When is Capital Small Finance Bank IPO open?

Capital Small Finance Bank IPO will open on 7 February 2024.

When is Capital Small Finance Bank IPO Close?

Capital Small Finance Bank IPO will be closed on 9 February 2024.

What is Capital Small Finance Bank IPO GMP Today?

The Capital Small Finance Bank IPO GMP aka Grey Market Premium is ₹50.

What is Capital Small Finance Bank IPO Kostak Rates Today?

The Capital Small Finance Bank IPO Kostak Rate is ₹000.

What is Capital Small Finance Bank IPO Subject to Sauda Price Today?

The Capital Small Finance Bank IPO subject to sauda rates is ₹000.

Capital Small Finance Bank IPO Expected Returns?

The Capital Small Finance Bank expected return is 10.68%.

How much will be the listing gain in Capital Small Finance Bank IPO?

Capital Small Finance Bank IPO will get listing gain of 10.68%. (Approx.)

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