ESAF Small Finance Bank Ltd.
Bank - Private
Open Date03 Nov 2023
Close Date07 Nov 2023
Size (in Crs.)
Objective of the Issue
Our Bank proposes to utilize the Net Proceeds from the Fresh Issue towards augmenting our Bank’s Tier – I capital base to meet our Bank’s future capital requirements and for increasing our Bank’s business, which is primarily onward lending. Further, the proceeds from the Fresh Issue will also be used towards meeting the expenses in relation to the Offer.Our Bank expects to receive the benefits of listing the Equity Shares on the Stock Exchanges.
We are one of the leading small finance banks in India in terms of client base size, yield on advances, Net Interest Margin, assetsunder management CAGR, total deposit CAGR, loan portfolio concentration in rural and semi-urban areas and ratio of micro loanadvances to gross advances. Along with our Promoters, we have a history of more than 25 years of primarily serving the unserved and underserved, with a focus on financial inclusion. As a small finance bank, we are required to have at least 75.00% of our adjus... Show More
Building No.vii/83/8, Esaf Bhavan , Thrissur- Palakkad National Highway , Mannuthy
ESAF Financial Holdings Pvt Ltd., Kadambelil Paul Thomas
Total Share Capital
Offered to Public
% Promoter's Holding (Pre-Issue)
% Promoter's Holding (Post-Issue)
Shares on offer
Total Share Offer
Of above offred to public
Post Issue shares
Post Issue Promoters
Lead Managers to the Issue:
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.), ICICI Securities Ltd, Nuvama Wealth Management Ltd.
Link Intime India Pvt Ltd.
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai