Capital Small Finance Bank
Capital Small Finance Bank Info
Details about the Capital Small Finance Bank IPO. Opening Date of Capital Small Finance Bank is 07 Feb 24 and Closing Date is 09 Feb 24 . Face Value of Each share of Capital Small Finance Bank is ₹10 per share. Price band of Capital Small Finance Bank is ₹445 to ₹468. The Lot size of Capital Small Finance Bank is 32 shares. Total issue size of Capital Small Finance Bank IPO is ₹523.07 cr. Fresh Issue of Capital Small Finance Bank IPO is 450 cr. Capital Small Finance Bank IPO also includes offer for sale of ₹73.07 cr.This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Capital Small Finance Bank is 35,350,636. Share Holding Post Issue of Capital Small Finance Bank is 44,966,020.
Business Summary
Capital Small Finance Bank, established in 1999 and regulated by RBI, holds the distinction of being one of the two non-NBFC microfinance entities granted the SFB license in 2015.
With a focus on strengthening its retail banking franchise, the bank aims to provide affordable credit to the middle-income group, especially in rural and semi-urban areas. As of September 30, 2023, the bank operates with 41.62% branches in rural, 34.68% in semi-urban, and 23.70% in urban areas.
Catering to customers with an average annual income of ₹0.4 million to ₹5 million, the bank's strategy revolves around serving those with limited or no access to formal banking channels in its specified niche. Currently, the bank does not have any subsidiaries.
Headquartered in Jalandhar, Punjab, Capital Small Finance Bank operates on a branch-based model with a strong focus on semi-urban and rural areas. The bank strategically expanded its Small Finance Bank (SFB) operations in the north Indian states of Punjab, Haryana, Rajasthan, Delhi, and Himachal Pradesh, along with the Union Territory of Chandigarh. As of September 30, 2023, the bank boasts a presence in five states and one union territory, featuring 173 branches and 175 ATMs.
Capital Small Finance Bank IPO Details
| Open Date | 07 Feb 24 |
|---|---|
| Close Date | 09 Feb 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹445 - ₹468 |
| Lot Size | 32 Shares |
| Total issue Size | 11,176,713 Shares ₹523.07 cr |
| Fresh Issue | 9,615,384 Shares ₹450 cr |
| Offer for Sale | 1,561,329 Shares (₹73.07 cr) |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 35,350,636 |
| Share Holding Post Issue | 44,966,020 |
| RHP , DHRP | View RHP, View DRHP |
Capital Small Finance Bank IPO Timeline
The Capital Small Finance Bank Initial Public Offering (IPO) is set to open on 07 Feb 24 and will end its subscription phase on 09 Feb 24. You can check your allotment status for Capital Small Finance Bank on 12 Feb 24. The refund process for your funds will start promptly on 13 Feb 24. Capital Small Finance Bank IPO credit of shares will be on 13 Feb 24. The listing date for Capital Small Finance Bank is on 14 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Capital Small Finance Bank IPO Reservation
The Capital Small Finance Bank IPO reserves shares for different investor categories. Approximately Not more than 50% of the Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Capital Small Finance Bank IPO Lot Size
Bids can be made for minimum of 32 shares and in multiple of 32 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 32 | 14,976 |
| Retail (Max) | 13 | 416 | 194,688 |
| S-HNI (Min) | 14 | 448 | 209,664 |
| S-HNI (Max) | 66 | 2,112 | 988,416 |
| B-HNI (Min) | 67 | 2,144 | 1,003,392 |
Capital Small Finance Bank IPO Promoters Holding
Promoters holding details for Capital Small Finance Bank in the current issue is as follows: The share holding of promoters before the issue stands at 24.01%, and after the issue, it has been adjusted to -%.
Promoters of Capital Small Finance Bank are Sarvjit Singh Samra, Amarjit Singh Samra, Navneet Kaur Samra, Surinder Kaur Samra, Dinesh Gupta,
| Share Holding Pre Issue | 24.01% |
|---|---|
| Share Holding Post Issue | -% |
Capital Small Finance Bank Financial Information
Financial performance details for Capital Small Finance Bank over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 8,390.69 | 7,990.77 | 7,153.92 | 6,371.24 |
| Revenue | 415.22 | 725.48 | 632.4 | 557.27 |
| Profit After Tax | 54.39 | 93.6 | 62.57 | 40.78 |
Capital Small Finance Bank IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Capital Small Finance Bank are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 17.68 |
| ROE | 16.45% |
| RoNW | 15.33% |
| EPS (Rs) | 26.48 |
Object of the Issue
- • Company proposes to utilize the Net Proceeds from the Fresh Issue towards augmenting the Bank’s Tier –I capital base to meet Bank’s future capital requirements.
Contact Details for Capital Small Finance Bank
Phone
Office
MIDAS Corporate Park, 3rdFloor, 37, G.T. Road, Jalandhar - 144001
Registrar Details for Capital Small Finance Bank
Link Intime India Private Ltd
Phone
Office
Selenium, Tower B, Plot No –31 and 32, Financial District Nanakramguda,Hyderabad, Rangareddi 500 032 Telangana, India
Lead Manager
- • Nuvama Wealth Management Limited
- • Dam Capital Advisors Ltd
- • Equirus Capital Private Limited