Great Way to Invest Money In Stock Market

1
ESAF Small Finance Bank IPO Date, Share Price
And Details
2
About the company

• Incorporated in 2016, ESAF Small Finance Bank
  Limited is a relatively new entrant into the
  already populated banking space. Within a short
  period of just 4 years, the company has managed
  to quickly grow in size and strength. ESAF Small
  Finance Bank currently has over 400 branches
  across the country and more than 4,000 employees.

3
ESAF Small Finance Bank IPO date

• Since the company has only filed a Draft Red
  Herring Prospectus with the SEBI as of date, the
  date of opening of the ESAF IPO is still not
  clear. However, the date of offer can be expected
  to be released to the public once the company
  files the final Red Herring Prospectus with
  regard to their new IPO.

4
ESAF Small Finance Bank IPO issue size

• The total issue size of the ESAF IPO stands at
  around Rs. 976.24 crores, of which Rs. 800 crores
  is likely to come from a fresh issue of shares by
  the company. The upcoming IPO issue consists of
  an Offer for Sale (OFS) component as well, which
  is likely to come up to around Rs. 176.24 crores.
• The detailed breakup of the promoters and the
  aggregate value of their stake sale through the
  OFS route of this new IPO are as follows.
• - Promoter selling shareholder - Rs. 150 crores
• - Bajaj Allianz Life Insurance Company - Rs.
  17.49 crores
• - PI Ventures LLP - Rs. 8.75 crores      

5
Thank You