Capital Small Finance IPO Details
| IPO Size | 523.07 |
| Price Range | ₹445 to ₹468 |
| Retail Quota | 15% |
| QIB Quota | 50% |
| NII Quota | 35% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 32 |
| Investment (cut-off price) | ₹14,976 |
| Pre IPO Promotor Holding | 24.01% |
| Post IPO Promotor Holding | -- |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Capital Small Finance IPO Timelines
07/02/2024
Start Date09/02/2024
End Date13/02/2024
Refund Initiation13/02/2024
Credit of Shares to Demat Ac14/02/2024
Listing DateCapital Small Finance IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 32 | ₹14,976 |
| Retail Maximum | 13 | 416 | ₹194,688 |
| S-HNI Minimum | 14 | 448 | ₹209,664 |
| B-HNI Minimum | 67 | 2112 | ₹1,003,392 |
Capital Small Finance IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 6.64 x | 4.05 x | 2.49 x | -- | 4.00 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹430.25 | ₹435 | ₹462.90 | ₹421 |
Capital Small Finance IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹557.27 | ₹516.48 | ₹30.10 |
| FY 2022 | ₹632.40 | ₹569.83 | ₹18.28 |
| FY 2023 | ₹725.48 | ₹631.88 | ₹93.59 |
| FY 2024 (9M) | ₹415.21 | ₹287.57 | ₹54.39 |
About Company
Capital Small Finance Bank is a small finance bank offering a comprehensive suite of banking products. It was established in 1999 and has been operational as India’s first small finance bank since 2016 after it got RBI approval. It focuses on serving the middle-income segment, particularly in rural and semi-urban areas. The bank’s product range includes agricultural loans, MSME and trading loans, and mortgages such as housing loans and loans against property.
The bank operates across Punjab, Haryana, Delhi, Rajasthan, Himachal Pradesh, and the Union Territory of Chandigarh, Capital Small Finance Bank and has a significant presence with 173 branches and 175 ATMs. The bank’s approach is to provide accessible credit to its targeted customer base, primarily consisting of individuals with an average annual income of Rs. 0.04 crores to Rs. 0.5 crores. Capital Small Finance Bank focuses on secured lending, maintaining robust asset quality and expanding its reach through both physical branches and digital channels.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2016 | Banking | Sarvjit Singh Samra |
Know Before Investing
Capital Small Finance IPO Strengths
- The company has a retail-focused liability franchise with a high share of CASA
- The company has Secured and diversified its advances portfolio
- The company has Streamlined credit assessment processes and risk management practices
- The company has a Customer-centric approach and deep understanding of target customers
- The company has a Consistent track record of growth with constantly improving operational and profitability metrics
Capital Small Finance IPO Risks
- The business is concentrated in North India, with approximately 87% of their total branches located in the state of Punjab. Any adverse change in the economy of North India could hurt financial condition, results of operations and cash flows
- The company is subject to strict regulatory requirements and prudential norms. If we are unable to comply with such laws, regulations and norms it may hurt business, financial condition, results of operations and cash flows.
- The company is subject to certain prudential norms. If the company is unable to comply with these norms it may hurt its business, financial condition, results of operations, and cash flows.
Swot Analysis for Capital Small Finance IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
Company Details
Capital Small Finance Bank Limited
MIDAS Corporate Park, 3rdFloor,
37, G.T. Road,
Jalandhar 144 001,
Phone: +91 181 5051111
Email: [email protected]
Website: https://www.capitalbank.co.in/
IPO Registar Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
FAQs
The key objectives of Capital Small Finance Bank IPO are:
- The Bank proposes to utilize the Net Proceeds from the Fresh Issue towards augmenting their 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.