Equitas Small Finance Bank Limited
20 Oct 2020 – 22 Oct 2020
LISTED
Offer Price
₹32–33
Bid lot
—
Min Application
—
Issue Size
—
Key dates
Open date
20 Oct 2020
Done
Close date
22 Oct 2020
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
02 Nov 2020
Today
Issue details
Lead managersAxis Capital, Nuvama, JM Financial
Face value₹10
Listing onNSE
Registrar—
Grey-market sentiment
No grey-market data yet.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Equitas Small Finance Bank Limited IPO?
One lot of 1 shares — ₹0 at the upper price band of ₹33.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2020-11-02 on NSE.