HomeIPOSuryoday Small Finance Bank IPO – Price, Date, Allotment, Subscription, GMP,...

Suryoday Small Finance Bank IPO – Price, Date, Allotment, Subscription, GMP, Review & DRHP

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Suryoday Small Finance Bank IPO – Price, Date, Allotment, Subscription, GMP, Review & DRHP

Suryoday Small Finance Bank is a new age bank that went live on January 23rd 2017. to bring the best banking solutions to the ‘banked’, ‘under-banked’ and the ‘un-banked’ sections of the society.

Suryoday Small Finance Bank has received approval from Sebi’s to float an initial share-sale.

Suryoday Small Finance Bank IPO Price, Date

DescriptionDetails
Public IssueInitial Public offer of 19,093,070 Equity Shares comprising a Fresh Issue of up to 8,150,000 Equity Shares and an Offer for Sale of up to 10,943,070 Equity Shares
Issue Period 17-Mar-2021 to 19-Mar-2021
Issue Type100% Book Building
IPO Price Band₹ 303 – ₹ 305
Face Value Rs.10
Market Lot 49 Equity Shares and in multiples thereof
Minimum Order Quantity 49 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolSURYODAY
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Suryoday Small Finance Bank IPO Important Details

  1. November 10, 2008 – Bank was originally incorporated as Suryoday Micro Finance Private Limited at Chennai, Tamil Nadu, as a private limited company
  2. June 16, 2015 – Bank was converted into a public limited company and the name of the Bank
  3. October 7, 2015 and August 26, 2016 – Bank was granted the in-principle and final approval to establish a small finance bank (“SFB”) by the RBI
  4. January 13, 2017 – Bank being established as an SFB, the name of the Bank was changed to Suryoday Small Finance Bank Limited

Suryoday Small Finance Bank IPO Lead Managers

  • Axis Capital Limited
  • ICICI Securities Limited
  • IIFL Securities Limited
  • SBI Capital Markets Limited

Suryoday Small Finance Bank IPO Registrar

  • Kfin Technologies Private Limited

Suryoday Small Finance Bank Registered and Corporate Office

Unit No. 1101, Sharda Terraces,
Plot No. 65, Sector 11,
CBD Belapur, Navi Mumbai 400 614,
Maharashtra, India

Suryoday Small Finance Bank IPO DRHP & RHP

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