₹ 445 - ₹ 468
07-Feb-2024 - 09-Feb-2024
₹ 14976.00



07-Feb-2024 - 09-Feb-2024

₹ 445 - ₹ 468

Price Band

₹ 14976.00

Minimum Investment


Bid Lot


  • Face Value - ₹ 10/- Per Share

  • Listing at NSE BSE

  • 122,245 Application Required in Retail for 1 Time.

  • Registrar : Link Intime India Private Ltd

IPO Details

Fresh Issue of Equity Shares aggregating upto Rs. 450 Cr + Offer for Sale of 15,61,329 Equity Shares

Category % Shares/Amount
QIB 50% 5,588,356 Shares Rs.261.54 Cr
HNI 1 5% 558,836 Shares Rs.26.15 Cr @ 1247 Form 1X
HNI 2 10% 1,117,671 Shares Rs.52.31 Cr @ 2495 Form 1X
Retail 35% 3,911,850 Shares Rs.183.07 @ 122245 Form 1X

Nuvama Wealth, DAM Capital, Equirus Capital

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
122245 Form 1X 1247 Form 1X 2495 Form 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 32 ₹ 14,976
Retail (Upto 2 Lakh) 13 416 ₹ 194,688
S-HNI (2 Lakh to 10 Lakh) 14 448 ₹ 209,664
S-HNI (2 Lakh to 10 Lakh) 66 2112 ₹ 988,416
B-HNI (Above 10 Lakh) 67 2144 ₹ 1,003,392

IPO Timeline

  • Open Date

  • Close Date

  • Basis of Allotment Date

  • Initiation of Refunds

  • Credit Shares to Demat A/c

  • IPO Listing Date


Subscription as on
09-Feb-2024 17:07

Category Book Size Subscription No. of Times
QIB 2,235,343 ₹ 104.61 Cr. 15,332,864 ₹ 717.58 Cr. 6.86x
HNI (<10 LAKH) 558,836 ₹ 26.15 Cr. 3,032,544 ₹ 141.92 Cr. 5.43x
HNI2 (>10 LAKH) 1,117,671 ₹ 52.31 Cr. 4,058,016 ₹ 189.92 Cr. 3.63x
RETAIL 3,911,850 ₹ 183.07 Cr. 10,180,832 ₹ 476.46 Cr. 2.60x
Total 7,823,700 32,604,256 4.17x
Category Book Size Subscription No. of Times
QIB 2,235,343 ₹ 104.61 Cr. 15,332,864 ₹ 717.58 Cr. 6.86x
HNI (<10 LAKH) 558,836 ₹ 26.15 Cr. 3,032,544 ₹ 141.92 Cr. 5.43x
HNI2 (>10 LAKH) 1,117,671 ₹ 52.31 Cr. 4,058,016 ₹ 189.92 Cr. 3.63x
RETAIL 3,911,850 ₹ 183.07 Cr. 10,180,832 ₹ 476.46 Cr. 2.60x
Total 7,823,700 32,604,256 4.17x

*Excluding Anchor

Total No. of Application Approx : ~265825 (2.17 Appwise)

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

  • Capital Small Finance Bank Limited ("Capital SFB”) was incorporated on May 31, 1999. Having no holding company, Capital SFB commenced operations as India’s first small finance bank in 2016 pursuant to RBI’s approval dated March 4, 2016. The bank offers a range of banking products on the asset and liability side, in all the states they operate in, i.e., Punjab, Haryana, Delhi, Rajasthan, Himachal Pradesh and Union Territory of Chandigarh. Their asset products primarily include agriculture loans, MSME and trading loans (working capital, machinery loans etc.) and mortgages (housing loans and loans against property).

  • The bank focuses primarily on the middle-income customer segments with 41.62% of their branches in rural areas, 34.68% branches in semi-urban areas and 23.70% of their branches in urban areas as on September 30, 2023.

  • As of September 30, 2023, they were present in 5 States and 1 Union Territory with 173 branches and 175 ATMs with 76.30% of their branches located in rural and semi-urban areas covering 24 districts and 75.75% of their total customers (both credit and deposit). The Bank has opened 126 branches since their conversion into an SFB taking the branch tally up to 173 branches.

  • The bank generates fee income from products and services such as forex and money transfer, outward remittances, safe-deposit lockers, distribution of life insurance and general insurance products, 3-in-1 demat and trading account and other ancillary services. As on September 30, 2023 and March 31, 2023 respectively, 99.85% and 99.82% of their loan book was secured (with 84.26% and 85.16% of the loans secured by immovable properties).

  • From Fiscal 2021 to 2023, the operating profit and profit after tax grew at a CAGR of 44.23% and 51.49%, respectively.

  • They have average gross NPA ratio of 2.52% and average net NPA ratios of 1.30% with negligible write offs as a percentage of loan book for previous 3 Fiscals and first half of current fiscal year from Fiscal 2021 to 6 months period ended September 30, 2023.

  • As on March 31, 2023 and September 30, 2023 they had CASA ratio of 41.88% and 37.76% respectively resulting in low cost of funds of 5.11% and 5.68% respectively. Their cost of funds stood at 5.68% and 5.11% for the 6 months ended September 30, 2023 and Fiscal ended March 31, 2023.

Read More


Competitive Strength 

  • Retail focused liability franchise with a high share of CASA;
  • Secured and diversified advances portfolio;
  • Streamlined credit assessment processes and risk management practices;
  • Customer centric approach and understanding of target customers;
  • Consistent track record of growth with constantly improving operational and profitability metrics;
  • Professional and experienced leadership team

Business Strategies 

  • Continue to grow the loan book organically with focus on secured lending;
  • Strengthen the liability franchise;
  • Leverage technology and data analytics for scalability and profitable growth;
  • Focus on strengthening the operational and profitability metrics

Company Promoters

Sarvjit Singh Samra is one of the Promoter, Managing Director and Chief Executive Officer of the Bank. Munish Jain is the Executive Director and Chief Financial Officer of the Bank. Srinath Srinivasan is a Non-Executive Director of the Bank and a nominee of Oman India Joint Investment Fund II on the Board. Mahesh Parasuraman is a Non-Executive Director of the Bank and a nominee of Amicus Capital Private Equity I LLP Dinesh Gupta is a Non-Executive Director of the Bank. Navin Kumar Maini is

Company Financials

Capital Small Finance Bank Limited's revenue increased by 14.72% and profit after tax (PAT) rose by 49.59% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended 30 Sep 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets 8,390.69 7,990.77 7,153.92 6,371.24
Revenue 415.22 725.48 632.40 557.27
Profit After Tax 54.39 93.60 62.57 40.78
Net Worth 711.76 610.61 515.78 450.79
Reserves and Surplus 676.41 576.36 481.74 416.88
Total Borrowing 572.76 721.38 498.43 616.72
Amount in ? Crore

Objects of the Issue

The Bank proposes to utilize the Net Proceeds from the Fresh Issue towards augmenting our Bank's Tier-I capital base to meet the Bank's future capital requirements. Further, the proceeds from the Fresh Issue will also be used towards meeting the expenses in relation to the Offer. The Bank expects to receive the benefits of listing the Equity Shares on the Stock Exchanges.

How to Apply

Apply for IPO in few simple steps.

  • Step 01 :

    Once you create your account, Login to InvestoYard.

  • Step 02 :

    Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.

  • Step 03 :

    Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).

  • Step 04 :

    Enter your UPI ID and you will receive mandate on your UPI App.

  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

  • Applying for an IPO is easier than ever with InvestoYard, in just a few clicks your application is processed. You can bid for any IPO through InvestoYard, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on InvestoYard’s IPO application form.

  • You will immediately get a fund blocked request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.

Frequently Asked Questions

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