The Capital Small Finance Bank IPO started on February 7, 2024, and ended on February 9, 2024. Shares were allocated on February 12, 2024, and refund processes began on February 13, 2024. On February 13, 2024, the shares were credited to investors demat accounts. Capital Small Finance Bank was officially listed on the stock exchange on February 14, 2024.
During the IPO, Capital Small Finance Bank offered shares at a price range of ₹445 to ₹468 per share, and the lot size was 32 shares. The total issue size was ₹523.07 crores, with ₹450.00 crores from new shares and ₹73.07 crores from shares for sale. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Capital Small Finance Bank IPO Subscription Update Video
Capital Small Finance Bank IPO Subscription Status
The Capital Small Finance Bank IPO on February 9, 2024 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, the 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 Basic Details
| Company Name | Capital Small Finance Bank Limited |
| Domain of Company | Small Finance Bank Operator |
| Capital Small Finance Bank IPO Open Date | February 7, 2024 |
| Capital Small Finance Bank IPO Close Date | February 9, 2024 |
| Capital Small Finance Bank IPO Allotment Date | February 12, 2024 |
| Capital Small Finance Bank IPO Listing Date | 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 |
| Company Promoters | Sarvjit Singh Samra, Amarjit Singh Samra, Navneet Kaur Samra, Surinder Kaur Samra and Dinesh Gupta |
About Capital Small Finance Bank Limited
Established in 1999, Capital Small Finance Bank Limited is a bank that focuses on serving smaller communities. In 2015, it became the first microfinance entity without NBFC status to get the SFB license. With its main hub in Jalandhar, Punjab, it has extended its services across the northern states like Punjab, Haryana, Rajasthan, Delhi, Himachal Pradesh, and UT Chandigarh.
Capital Small Finance Bank caters to folks with middle-range incomes, around ₹0.4-5 million annually. They strive to be the go-to bank for these customers by offering a variety of services, good customer care, both physical branches, and online banking.
By June 30, 2023, the bank had established 172 branches and 174 ATMs across five states and one union territory. Their branches are mainly in rural and semi-urban areas, covering 24 districts, and serving about 75.90% of their customers.
Most of the bank’s loans, about 99.82% and 99.84% by March and June 2023 respectively, were secured, with a large portion backed by immovable properties.
The average loan amounts for agriculture, MSME, and mortgage 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 had a total of 1827 employees.
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Capital Small Finance Bank IPO FAQs
What is the start and end date of Capital Small Finance Bank IPO Subscription?
The Capital Small Finance Bank IPO started on February 7, 2024 and ended on February 9, 2024.
When does Capital Small Finance Bank IPO Subscription open?
The Capital Small Finance Bank IPO open on February 7, 2024.
When does Capital Small Finance Bank IPO Subscription close?
The Capital Small Finance Bank IPO Close on February 9, 2024.
What is the allotment date of Capital Small Finance Bank IPO?
The allotment date for Capital Small Finance Bank IPO is February 12, 2024.
When is the initial refund date of Capital Small Finance Bank IPO?
The initial Refund date for Capital Small Finance Bank IPO is February 13, 2024.
When were the shares credited to investors demat accounts for the Capital Small Finance Bank IPO?
The shares for the Capital Small Finance Bank IPO were credited to investors demat accounts on February 13, 2024.
When will Capital Small Finance Bank IPO be listed on the stock market?
Capital Small Finance Bank IPO stock market will be listed on February 14, 2024 at 10 am.
What was the price range of the Capital Small Finance Bank IPO shares?
The Capital Small Finance Bank IPO shares were offered at a price range of ₹445 to ₹468 per share.
What was the lot size for the Capital Small Finance Bank IPO shares?
The lot size for the Capital Small Finance Bank IPO shares was 32 shares.
What was the total issue size of the Capital Small Finance Bank IPO?
The total issue size of the Capital Small Finance Bank IPO was ₹523.07 crores.
How were the shares allocated among different types of investors for the Capital Small Finance Bank IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Capital Small Finance Bank IPO listed?
The Capital Small Finance Bank IPO was listed on both the NSE and BSE.
What is the Capital Small Finance Bank IPO Subscription Status?
Capital Small Finance Bank IPO is subscribed 4.17 Times.
