ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Equitas Small Finance Bank IPO Subscription Details

Bookbuilding IPO | ₹518 Cr | Listed at BSE, NSE | Tue, Oct 20, 2020 - Thu, Oct 22, 2020

Basis of Allotment - Equitas Small Finance Bank IPO

Category QIB NII Retail Employees Shareholders Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)2,82,18,1824,23,27,2717,05,45,4532,11,63,6374,93,81,8193,03,0301,54,54,54515,68,48,484
Allotment price (Rs.)3333333333333333
No.of applications1935541471,09,25230910,8031,20,565
No.of shares applied10,93,43,2504,23,27,27115,16,70,52133,50,2507,56,66,6004,62,15080,91,00023,92,40,521
Amount collected (Rs.cr.)360.83 139.68 500.51 11.06 249.70 1.53 26.70 789.49
No.of times subscribed3.871.002.150.161.531.530.521.53
No.of shares allotted4,30,28,1434,23,27,2718,53,55,41433,50,2505,97,48,7903,03,03080,91,00015,68,48,484
Amount (Rs.cr.)141.99 139.68 281.67 11.06 197.17 1.00 26.70 517.60
No.of allottees1935541471,09,25230910,8031,20,565

IPO Shares Offered

Equitas Small Finance Bank IPO is a public issue of 15.68 Cr equity shares. The issue offers 4.94 Cr shares to retail investors, 7.05 Cr shares to qualified institutional buyers, and 2.12 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 7,05,45,453232.80 44.98%
    Anchor 4,23,27,271 139.68 26.99%
    QIB (Ex Anchor) 2,82,18,182 93.12 17.99%
NII 2,11,63,63769.84 13.49%
Retail4,93,81,819162.96 31.48%
Employee3,03,0301.00 0.19%
Total15,68,48,484517.60 100%

Equitas Small Finance Bank IPO Anchor Investor Allocation

A total of 4,23,27,271 shares at a price of Rs 33 per share will be allotted to the anchor investors.

Anchor investors bid opening dateOct 19, 2020
Anchor investor price₹33.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days2,11,63,636
No. of shares locked-in for 90 days2,11,63,636

📑 Anchor Investor Allotment Letter

📊 Historic report - IPOs Anchor Investors Investment & Performance

S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 ICICI PRUDENTIAL GROWTH FUND-SERIES 1 ICICI PRUDENTIAL MUTUAL FUND 6,30,000 2.08 1.49 0.40
2 ICICI PRUDENTIAL BANKING & FINANCIAL SERVICES FUND ICICI PRUDENTIAL MUTUAL FUND 31,57,650 10.42 7.46 2.01
3 ICICI PRUDENTIAL LIFE INSURANCE CO.LTD. ICICI PRUDENTIAL LIFE INSURANCE 37,87,650 12.50 8.95 2.41
4 INVESCO INDIA CONTRA FUND INVESCO MUTUAL FUND 37,87,650 12.50 8.95 2.41
5 HDFC LIFE INSURANCE CO.LTD. HDFC LIFE INSURANCE 27,94,950 9.22 6.60 1.78
6 HDFC LIFE INSURANCE CO.LTD.-SHAREHOLDERS SOLVENCY MARGIN ACCOUNT HDFC LIFE INSURANCE 5,38,200 1.78 1.27 0.34
7 BNP PARIBAS ARBITRAGE-ODI BNP PARIBAS 23,29,021 7.69 5.50 1.48
8 NIPPON INDIA CAPITAL BUILDER FUND IV-SERIES C NIPPON INDIA MUTUAL FUND 19,70,100 6.50 4.65 1.26
9 NIPPON INDIA CAPITAL BUILDER FUND IV-SERIES D NIPPON INDIA MUTUAL FUND 6,81,750 2.25 1.61 0.43
10 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 3,78,900 1.25 0.90 0.24
11 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 37,87,650 12.50 8.95 2.41
12 FRANKLIN INDIA SMALLER COMPANIES FUND FRANKLIN TEMPLETON MUTUAL FUND 37,87,650 12.50 8.95 2.41
13 MIRAE ASSET LARGE CAP FUND MIRAE ASSET MUTUAL FUND 37,87,650 12.50 8.95 2.41
14 IIFL SPECIAL OPPORTUNITIES FUND-SERIES IV IIFL 37,87,650 12.50 8.95 2.41
15 MINE SUPERANNUATION FUND MINE SUPERANNUATION FUND 15,19,650 5.01 3.59 0.97
16 TT ASIA-PACIFIC EQUITY FUND TT 22,68,000 7.48 5.36 1.45
17 SUNDARAM SELECT MICRO CAP-SERIES XI SUNDARAM MUTUAL FUND 2,56,050 0.84 0.60 0.16
18 SUNDARAM SELECT MICRO CAP-SERIES XII SUNDARAM MUTUAL FUND 1,86,300 0.61 0.44 0.12
19 SUNDARAM SELECT MICRO CAP-SERIES XIV SUNDARAM MUTUAL FUND 2,85,750 0.94 0.68 0.18
20 SUNDARAM SELECT MICRO CAP-SERIES XV SUNDARAM MUTUAL FUND 2,75,850 0.91 0.65 0.18
21 SUNDARAM SELECT MICRO CAP-SERIES XVI SUNDARAM MUTUAL FUND 1,95,300 0.64 0.46 0.12
22 SUNDARAM SELECT MICRO CAP-SERIES XVII SUNDARAM MUTUAL FUND 1,63,800 0.54 0.39 0.10
23 SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES III SUNDARAM MUTUAL FUND 1,52,550 0.50 0.36 0.10
24 SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES IV SUNDARAM MUTUAL FUND 76,050 0.25 0.18 0.05
25 SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES V SUNDARAM MUTUAL FUND 80,100 0.26 0.19 0.05
26 SUNDARAM LONG TERM MICRO CAP TAX ADVANTAGE FUND-SERIES VI SUNDARAM MUTUAL FUND 74,250 0.25 0.18 0.05
27 SUNDARAM EMERGING SMALL CAP-SERIES I SUNDARAM MUTUAL FUND 3,10,500 1.02 0.73 0.20
28 SUNDARAM EMERGING SMALL CAP-SERIES II SUNDARAM MUTUAL FUND 3,36,600 1.11 0.80 0.21
29 SUNDARAM EMERGING SMALL CAP-SERIES III SUNDARAM MUTUAL FUND 2,97,000 0.98 0.70 0.19
30 SUNDARAM EMERGING SMALL CAP-SERIES IV SUNDARAM MUTUAL FUND 2,16,000 0.71 0.51 0.14
31 SUNDARAM EMERGING SMALL CAP-SERIES V SUNDARAM MUTUAL FUND 81,000 0.27 0.19 0.05
32 SUNDARAM EMERGING SMALL CAP-SERIES VI SUNDARAM MUTUAL FUND 42,750 0.14 0.10 0.03
33 SUNDARAM LONG TERM TAX ADVANTAGE FUND-SERIES III SUNDARAM MUTUAL FUND 86,850 0.29 0.21 0.06
34 SUNDARAM LONG TERM TAX ADVANTAGE FUND-SERIES IV SUNDARAM MUTUAL FUND 56,250 0.19 0.13 0.04
35 SUNDARAM EMERGING SMALL CAP-SERIES VII SUNDARAM MUTUAL FUND 1,60,200 0.53 0.38 0.10
4,23,27,271139.6810026.99

IPO Subscription FAQs

The Equitas Small Finance Bank IPO is subscribed 1.949 times by Oct 22, 2020 17:00.

Equitas Small Finance Bank IPO Subscription

Investor Category Subscription (times)
Qualified Institutional3.9086
Non Institutional0.2226
Retail Individual2.0835
Employee Reservations1.8389
Others0.416
Total Subscription1.949

Retail category of Equitas Small Finance Bank IPO subscribed 2.0835 times as of date Oct 22, 2020 17:00. The public issue closes on Thu, Oct 22, 2020 for bidding.

An investor can apply in Equitas Small Finance Bank IPO online via bank (using ASBA) or the broker (using UPI). The Equitas Small Finance Bank IPO shares are offered online only.

The Equitas Small Finance Bank IPO is subscribed 1.949 times by Oct 22, 2020 17:00.

The Equitas Small Finance Bank IPO allotment status is expected on or around Tuesday, October 27, 2020. Visit Equitas Small Finance Bank IPO allotment status to check.

The Equitas Small Finance Bank IPO listing date is November 2, 2020. The equity share of Equitas Small Finance Bank IPO will list on BSE, NSE.

Visit Equitas Small Finance Bank IPO subscription status page for real-time bidding information about Equitas Small Finance Bank IPO.

Equitas Small Finance Bank IPO Timetable

IPO opens OnTuesday, October 20, 2020
IPO Closes OnThursday, October 22, 2020
Finalisation of Basis of AllotmentTuesday, October 27, 2020
Initiation of RefundsWednesday, October 28, 2020
Credit of Shares to Demat AccountThursday, October 29, 2020
IPO Listing DateMonday, November 2, 2020

Read more about Equitas Small Finance Bank IPO

IPO Details
IPO Recommendations
IPO Live Subscription
IPO Live News
IPO Allotment Status
IPO Basis of Allotment Document
IPO FAQs

Useful Articles

IPO Funding in India (IPO Loan Process) Explained
UPI for IPO Application (Unified Payments Interface for IPO)
IPO Bidding Time Limit on Last day (IPO Closing Day)
IPO and Grey Market Premium in India
HNI IPO Application Guide (NII Allotment Rules, Benefits & Funding)
IPO Application Cancellation Process, Charges, Rules - Explained
Open an Instant Account with Zerodha