Jana Small Finance Bank IPO Subscription Details

Bookbuilding IPO | ₹570 Cr | Listed at BSE, NSE | Wed, Feb 7, 2024 - Fri, Feb 9, 2024

Basis of Allotment - Jana Small Finance Bank IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)26,88,39240,32,58867,20,9806,72,09913,44,19620,16,29547,04,6883,26,0861,37,68,049
Allotment price (Rs.)414414414414414414414414414
No.of applications49176627,21114,50441,7156,22,6931,6136,66,087
No.of shares applied10,66,14,68448,78,00011,14,92,6841,42,52,3643,85,32,9605,27,85,3242,73,49,4162,84,86819,19,12,292
Amount collected (Rs.cr.)4,413.85 201.95 4,615.80 590.05 1,595.26 2,185.31 1,132.27 11.79 7,945.17
No.of times subscribed39.661.2116.5921.2128.6726.185.810.8713.94
No.of shares allotted27,09,00140,32,58867,41,5896,74,16013,48,31820,22,47847,19,1142,84,8681,37,68,049
Amount (Rs.cr.)112.15 166.95 279.10 27.91 55.82 83.73 195.37 11.79 570.00
No.of allottees4917661,3372,6754,0121,31,0861,6131,36,777

IPO Shares Offered

Jana Small Finance Bank IPO is a public issue of 1.38 Cr equity shares. The issue offers 0.47 Cr shares to retail investors, 0.67 Cr shares to qualified institutional buyers, and 0.20 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 67,20,980278.25 48.82%
    Anchor 40,32,588 166.95 29.29%
    QIB (Ex Anchor) 26,88,392 111.30 19.53%
NII 20,16,29583.47 14.64%
    bNII (> ₹10L)13,44,19655.65 9.76%
    sNII (< ₹10L)6,72,09927.82 4.88%
Retail47,04,688194.77 34.17%
Employee3,26,08613.50 2.37%
Total1,37,68,049570.00 100%

Jana Small Finance Bank IPO Anchor Investor Allocation

A total of 40,32,588 shares at a price of Rs 414 per share will be allotted to the anchor investors.

Anchor investors bid opening dateFeb 06, 2024
Anchor investor price₹414.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days20,16,294
No. of shares locked-in for 90 days20,16,294
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 EAST BRIDGE CAPITAL MASTER FUND I LTD. EAST BRIDGE 6,03,648 24.99 14.97 4.38
2 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 6,03,648 24.99 14.97 4.38
3 TURNAROUND OPPORTUNITIES FUND TURNAROUND OPPORTUNITIES 4,82,868 19.99 11.97 3.51
4 360 ONE EQUITY OPPORTUNITY FUND 360 ONE 1,20,780 5.00 3.00 0.88
5 HDFC LIFE INSURANCE CO.LTD. HDFC LIFE INSURANCE 3,37,932 13.99 8.38 2.45
6 BANDHAN FINANCIAL SERVICES FUND BANDHAN MUTUAL FUND 1,20,780 5.00 3.00 0.88
7 BANDHAN SMALL CAP FUND BANDHAN MUTUAL FUND 1,20,780 5.00 3.00 0.88
8 TATA AIA LIFE INSURANCE CO.LTD.-FLEXI GROWTH FUND (ULIF 068 25/04/23 FGF 110) TATA AIA LIFE INSURANCE 1,20,672 5.00 2.99 0.88
9 TATA AIA LIFE INSURANCE CO.LTD.-SMALL CAP DISCOVERY FUND (ULIF 071 22/05/23 SCF 110) TATA AIA LIFE INSURANCE 2,17,260 8.99 5.39 1.58
10 SBI GENERAL INSURANCE CO.LTD. SBI GENERAL INSURANCE 3,37,932 13.99 8.38 2.45
11 KOTAK ACTIVE MOMENTUM FUND KOTAK 2,41,560 10.00 5.99 1.75
12 COPTHALL MAURITIUS INVESTMENT LTD.-ODI ACCOUNT COPTHALL 1,20,788 5.00 3.00 0.88
13 SOCIETE GENERALE-ODI SOCIETE GENERAL 1,20,788 5.00 3.00 0.88
14 ASTORNE CAPITAL VCC-ARVEN ASTORNE CAPITAL 1,20,788 5.00 3.00 0.88
15 CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD. CITIGROUP 1,20,788 5.00 3.00 0.88
16 ANANTA CAPITAL VENTURES FUND I ANANTA CAPITAL 1,20,788 5.00 3.00 0.88
17 KOTAK MAHINDRA LIFE INSURANCE CO.LTD. KOTAK LIFE INSURANCE 1,20,788 5.00 3.00 0.88
40,32,588166.9510029.29

IPO Subscription FAQs

The Jana Small Finance Bank IPO is subscribed 19.89 times by Feb 09, 2024 17:59.

Jana Small Finance Bank IPO Subscription

Investor Category Subscription (times)
Qualified Institutional39.81
Non Institutional26.13
Retail Individual5.7
Total Subscription19.89

Retail category of Jana Small Finance Bank IPO subscribed 5.7 times as of date Feb 09, 2024 17:59. The public issue closes on Fri, Feb 9, 2024 for bidding.

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

The Jana Small Finance Bank IPO is subscribed 19.89 times by Feb 09, 2024 17:59.

The Jana Small Finance Bank IPO allotment status is expected on or around Monday, February 12, 2024. Visit Jana Small Finance Bank IPO allotment status to check.

The Jana Small Finance Bank IPO listing date is February 14, 2024. The equity share of Jana Small Finance Bank IPO will list on BSE, NSE.

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

Jana Small Finance Bank IPO Timetable

IPO opens OnWednesday, February 7, 2024
IPO Closes OnFriday, February 9, 2024
Finalisation of Basis of AllotmentMonday, February 12, 2024
Initiation of RefundsTuesday, February 13, 2024
Credit of Shares to Demat AccountTuesday, February 13, 2024
IPO Listing DateWednesday, February 14, 2024
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