Jana Small Finance Bank
Jana Small Finance Bank Info
Details about the Jana Small Finance Bank IPO. Opening Date of Jana Small Finance Bank is 07 Feb 24 and Closing Date is 09 Feb 24 . Face Value of Each share of Jana Small Finance Bank is ₹10 per share. Price band of Jana Small Finance Bank is ₹393 to ₹414. The Lot size of Jana Small Finance Bank is 36 shares. Total issue size of Jana Small Finance Bank IPO is ₹570 cr. Fresh Issue of Jana Small Finance Bank IPO is 462 cr. Jana Small Finance Bank IPO also includes offer for sale of ₹108 cr.This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Jana Small Finance Bank is 93,430,855. Share Holding Post Issue of Jana Small Finance Bank is 104,590,275.
Business Summary
Jana Small Finance Bank is small finance bank and it is registered and corporate office in Bengaluru, Karnataka, India. As at September 30, 2023, Jana Small Finance Bank had 771 banking outlets in 22 states and two union territories.
Company's primary products are deposits (demand deposits, savings deposits and term deposits) and advances. Company offer secured loans, including micro loans against property, loans to micro, small and medium enterprises, affordablehousing loans, term loans to non-banking finance companies, loans against fixed deposits, two-wheeler loans and gold loans, and unsecured loans, including individual and micro business loans, agricultural and allied loans, and loans offered to groups of women as per the joint liability group model
Jana Small Finance Bank IPO Details
| Open Date | 07 Feb 24 |
|---|---|
| Close Date | 09 Feb 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹393 - ₹414 |
| Lot Size | 36 Shares |
| Total issue Size | 13,768,049 Shares ₹570 cr |
| Fresh Issue | 11,159,420 Shares ₹462 cr |
| Offer for Sale | 2,608,629 Shares (₹108 cr) |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 93,430,855 |
| Share Holding Post Issue | 104,590,275 |
| RHP , DHRP | View RHP, View DRHP |
Jana Small Finance Bank IPO Timeline
The Jana 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 Jana Small Finance Bank on 12 Feb 24. The refund process for your funds will start promptly on 13 Feb 24. Jana Small Finance Bank IPO credit of shares will be on 13 Feb 24. The listing date for Jana Small Finance Bank is on 14 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Jana Small Finance Bank IPO Reservation
The Jana 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 |
Jana Small Finance Bank IPO Lot Size
Bids can be made for minimum of 36 shares and in multiple of 36 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 36 | 14,904 |
| Retail (Max) | 13 | 468 | 193,752 |
| S-HNI (Min) | 14 | 504 | 208,656 |
| S-HNI (Max) | 67 | 2,412 | 998,568 |
| B-HNI (Min) | 68 | 2,448 | 1,013,472 |
Jana Small Finance Bank IPO Promoters Holding
Promoters holding details for Jana Small Finance Bank in the current issue is as follows: The share holding of promoters before the issue stands at 25.2%, and after the issue, it has been adjusted to -%.
Promoters of Jana Small Finance Bank are Jana Capital Limited, Jana Holdings Limited,
| Share Holding Pre Issue | 25.2% |
|---|---|
| Share Holding Post Issue | -% |
Jana Small Finance Bank Financial Information
Financial performance details for Jana 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 | 28,105.87 | 25,643.69 | 20,188.71 | 19,078.66 |
| Revenue | 2,215.57 | 3,699.88 | 3,062.37 | 2,720.74 |
| Profit After Tax | 213.22 | 255.97 | 17.47 | 72.26 |
Jana Small Finance Bank IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Jana 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) | 15.11 |
| ROE | 16.78% |
| RoNW | 14.40% |
| EPS (Rs) | 27.4 |
Object of the Issue
- • Bank proposes to utilize the Net Proceeds from the Fresh Issue towards augmenting Bank’s Tier –1 capital base to meet the Bank’s future capital requirements, to improve the Tier-I capital and CRAR.
Contact Details for Jana Small Finance Bank
Phone
Office
The Fairway Business Park, off Domlur, Koramangala Inner Ring Road, Challaghatta, Bengaluru, Karnataka, India
Registrar Details for Jana Small Finance Bank
Kfin Technologies Limited
Phone
Office
Selenium, Tower B, Plot No –31 and 32, Financial DistrictNanakramguda, SerilingampallyHyderabad, Rangareddi 500 032Telangana, India
Lead Manager
- • Axis Capital Limited
- • ICICI Securities Limited
- • SBI Capital Markets Limited