Capital Small Finance Bank Limited IPO
Established in 1999, Capital Small Finance Bank Limited is a small finance bank that primarily operates in semi-urban and rural areas. In 2015, it became the first non-NBFC microfinance entity to receive the SFB license.
The bank targets middle-income customers with annual incomes ranging from ₹0.4 to 5 million. It aims to serve as the main banker for these customers by offering various products and services through both physical branches and digital channels.
Headquartered in Jalandhar, Punjab, Capital Small Finance Bank has expanded its operations in northern states like Punjab, Haryana, Rajasthan, Delhi, Himachal Pradesh, and UT Chandigarh.
As of June 30, 2023, the bank had 172 branches and 174 ATMs across five states and one union territory, mainly in rural and semi-urban areas, serving around 75.90% of its total customers.
The majority of the bank’s loan portfolio is secured by immovable properties, providing stability. The average loan sizes for agriculture, MSME, trading, and mortgage lending products are ₹1.23 million, ₹1.82 million, and ₹1.16 million respectively.
With a workforce of 1827 employees as of June 30th, 2023, Capital Small Finance Bank continues to grow and serve its target market effectively.
Key Points Regarding Capital SFB IPO
| IPO Date | February 7, 2024 to February 9, 2024 |
| Price Band | ₹445 to ₹468 per share |
| Face Value | Rs 10 per share |
| Lot Size | 32 Shares |
| Total Issue Size | 11,176,713 shares (aggregating up to ₹523.07 Cr) |
| Listing Date | Wednesday, February 14, 2024 |
| Listing At | BSE, NSE |
Capital SFB IPO Details:
- Book Built Issue: Rs 523.07 crores
- Fresh Issue: 0.96 crore shares (Rs 450.00 crores) and Offer for Sale: 0.16 crore shares (Rs 73.07 crores)
- Subscription Dates:
- Opens: February 7, 2024
- Closes: February 9, 2024
- Allotment Date:
- Expected: Monday, February 12, 2024
- Listing:
- BSE, NSE
- Tentative Listing Date: Wednesday, February 14, 2024
- Price Band:
- ₹445 to ₹468 per share
- Application Details:
- Minimum Lot Size: 32 Shares
- Retail Investors: Minimum Investment of ₹14,976
- For sNII (Non-Institutional Investors):
- Minimum Lot Size: 14 lots (448 shares)
- Minimum Investment: ₹209,664
- For bNII (Non-Institutional Investors):
- Minimum Lot Size: 67 lots (2,144 shares)
- Minimum Investment: ₹1,003,392
Capital Small Finance Bank Limited Financial Information
Capital Small Finance Bank Limited saw a rise in revenue by 14.72% and an increase in profit after tax (PAT) by 49.59% from the financial year ending on March 31, 2022, to March 31, 2023. (Amount in ₹ Crore)
| 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 |
Contact 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/
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