ESAF Small Finance Bank Ltd.
Industry:
Bank - Private
Issue Details
Open Date
03 Nov 2023Close Date
07 Nov 2023Size (in Crs.)
331.947
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-3Lot Size
250
Type
Fixed Price
Face Value
10
Market Lot
1
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.
Description
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
Address
Building No.vii/83/8, Esaf Bhavan , Thrissur- Palakkad National Highway , Mannuthy
Thrissur
680651
State
Kerala
Phone No.
0487-7123907
investor.relations@esafbank.com
Website
www.esafbank.com
Promoter Holding
Promoters:
ESAF Financial Holdings Pvt Ltd., Kadambelil Paul Thomas
Total Share Capital
334545505
Offered to Public
55324562
% Promoter's Holding (Pre-Issue)
74.43
% Promoter's Holding (Post-Issue)
63.39
Shares on offer
Total Share Offer
334545505
Of above offred to public
55324562
Post Issue shares
NA
Post Issue Promoters
63.39
Lead Managers to the Issue:
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.), ICICI Securities Ltd, Nuvama Wealth Management Ltd.
Registrar Details
Registrar Name:
Link Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083
Phone No.
91-022-49186000/49186270
helpdesk@linkintime.co.in
Website
www.linkintime.co.in
Fax
91-022-49186060