Equitas Small Finance Bank IPO

We were the largest Small Finance Bank in India in terms of the number of banking outlets and the second-largest Small Finance Bank in India in terms of assets under management and total deposits in Fiscal 2019. (Source: CRISIL Report).

Equitas Small Finance Bank successfully diversify our loan portfolio and significantly reduce dependence on microfinance business as compared to other microfinance companies that have converted to SFBs

The Company offers a range of banking products and services to customers with a focus on serving the financially unserved customer segments in India. Its strength lies in promoting financial inclusion within these segments Equitas SFB providing housing finance since 2011 through EHFL. It is also providing vehicle finance and MSE finance through the Erstwhile NBFC that received its asset finance license in 2012

The Company has witnessed significant growth in business, and in Fiscal 2019 had a market share of 16% in terms of assets under management in India (Source: CRISIL Report).

The company witnessed the second-fastest growth in deposits from Fiscal 2018 to Fiscal 2019 (Source: CRISIL Report). Deposits have grown at a CAGR of 116.51% from ₹19,212.89 million as of March 31, 2017, to ₹90,067.36 million as of March 31, 2019.

Based on our experience, we apply different credit assessment procedures for our product segments, which is guided by our risk management framework, and supervised by our Risk Management Committee.

The company believes that the risk management framework together with the experience of dealing with underserved customer segments has helped us contain our NPA levels, and improve our credit ratings, which has allowed us to access capital from banks and financial institutions at competitive rates.

As of March 31, 2019, we had the largest network of banking outlets among all SFBs in India (Source: CRISIL Report). As of September 30, 2019, our distribution channels comprised 853 Banking Outlets and 322 ATMs across 15 states and union territories in India.

 

 

Strength of Equitas Small Finance Bank

  • The customer-centric organization with a deep understanding of the unserved and underserved customer segments.
  • Among the largest SFBs in India with a well-diversified asset portfolio.
  • Strong retail liability portfolio with a strategic distribution network.
  • Professional management, experienced leadership, and trained employee base.
  • Strengthen liability franchise and focus on increasing our retail base to further improve cost of funds.

Equitas Small Finance Bank IPO Details

IPO Opens on:   2020 

IPO Closes on:   2020  

Price Band:  Rs  per share

Bid Lot: 0 shares and in multiples of 0 shares

Maximum Price: Rs 

Fresh issue: Rs Cr

Offer for Sale: Rs 

IPO Size: Rs 00 Cr (Approx)

Retail & Employees Discount: Rs 0 per share

Equitas Small Finance Bank IPO Time Line

Finalisation of Allotment:  

Initiation of Refunds: 

Transfer of Shares to Demat Account: 

Listing At: NSE & BSE

Listing Date: 

Financial Performance of (in Crores) Equitas Small Finance Bank

FY2018 FY2019 H1 FY2020
Total Revenue
Total Expense
Net Income
Net margin (%)

Equitas Small Finance Bank IPO Valuations

Face Value = Rs 10

Earnings Per Share (EPS) = Rs 

PE Ratio = 0 (Approx)

Return on Net Worth (RONW) = %

Net Asset Value = Rs /Share

Equitas Small Finance Bank IPO Subscription Details

Category Shares offered Subscription (no. of times, at 6 pm)
Day 1 Day 2 Day 3

QIB

NII
Retail
Employee
Total

Grey Market Premium of Equitas Small Finance Bank IPO Day by Day

Grey market premium as on 00-00-2000 = Rs. 0-0/Share

Leave A Comment

All fields marked with an asterisk (*) are required