| Company Name | ESAF Small Finance Bank Limited |
| Open Date | 03-11-2023 |
| Close Date | 07-11-2023 |
| Exchange | BSE, NSE |
| Lot Size | 250 Shares |
| Issue Price | ₹57 to ₹60 per share |
| Issue Size | 7,71.66,667 Equity Shares |
| Application Amount | Min. Inv. - ₹ 15,000 (250 shares) Max. Inv. – ₹ 1,95,000 (3,250 shares) |
| Recommendation | Apply |
ESAF Small Finance Bank Limited was originally incorporated in the year 2016 and has its registered office in Kerala. The Bank is a small finance bank with a focus on unbanked and under-banked customer segments, especially in rural and semi-urban centres. The bank has a network of 700 banking outlets (including 59 business correspondent-operated banking outlets), 767 customer service centres (which are operated by the business correspondents). The bank focuses on leveraging technology to deliver products and services and continuously works towards improving the customers’ experience using technology. As of 30th June 2023, the bank has 5,160 employees on its payroll
| For the Period Ended | Mar-2 1 | Mar-22 | Mar-23 |
| Total Assets | 12,33,865.20 | 17,70,756.40 | 20,22,36570 |
| Net Assets | 1,35,206.40 | 1,40,679.60 | 1,70,912.90 |
| Total Borrowings | 1,69,400.00 | 2,95,283.30 | 3,35,419.50 |
| Total Revenue | 1,64,117.30 | 1,93,992.50 | 2,85,365.90 |
| Profit After Tax | 10,539.60 | 5,473.20 | 30,233.30 |
| Opening Date | 03/11/2023 |
| Closing Date | 07-11-2023 |
| Basis of Allotment | 10-11-2023 |
| Initiation of Refunds | 13-11-2023 |
| Credit of Shares to Demat | 15-11-2023 |
| Listing Date | 16-11-2023 |
| Augmentation of the Bank’s Tier-I capital base to meet the bank’s future capital requirements |
| Registered Office | ESAF Small Finance Bank Limited Building No. VII/83/8, ESAF Bhavan, Thrissur-Palakkad National Highway, Mannuthy, Thrissur 680 651 |
| Phone | +91 487 7123 907 |
| investor.relations@esafbank.com | |
| Website | https://www.esafbank.com/ |
| Name | Link Intime India Private Limited |
| Phone | +91-22-4918 6270 |
| esaf.ipo@damcapital.in | |
| Website | https://linkintime.co.in/mipo/ipoallotment.html |
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
| Share Holding Pre Issue (Promoters) | 74.43% |
| Share Holding Post Issue (Promoters) | 62.64% |