Capital Small Finance Bank IPO : 7 things to know
by 5paisa Research Team
07 Mar 2022
Listing Details
- Listing Exchange BSE, NSE
- Listing Date 14-Feb-24
- IPO Price Range ₹445
- Listing Price ₹435
- Listing Change -7.1 %
- Last Traded Price ₹352
- Current Change -24.8 %
Capital Finance Bank IPO Details
- Open Date 07-Feb-24
- Close Date 09-Feb-24
- Lot Size 32
- IPO Size ₹ 523 Cr
- IPO Price Range ₹ 445 to ₹ 468
- Min Investment ₹ 14240
- Listing Exchange BSE, NSE
- Basis of Allotment 12-Feb-24
- Refunds 13-Feb-24
- Credit to Demat Account 13-Feb-24
- Listing Date 14-Feb-24
Capital Small Finance Bank IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 7-Feb-24 | 0.30 | 0.39 | 0.73 | 0.53 |
| 8-Feb-24 | 1.10 | 1.08 | 1.41 | 1.25 |
| 9-Feb-24 | 6.86 | 4.23 | 2.60 | 4.17 |
Capital Finance Bank IPO Synopsis
Capital Small Finance Bank Limited IPO is set to open from 7th February to 9th February 2024. The company is a small finance bank. The IPO is a combination of fresh issue of 0.96 crore shares aggregating to Rs 450.00 crores and offer for sale of 0.16 crore shares aggregating to Rs 73.07 crores. The share allotment date is 12th February 2024, and the IPO will be listed on 14th February 2024 on the stock exchanges. The price band is Rs. 445 to Rs. 468 per share. Nuvama Wealth Management Limited, Dam Capital Advisors Ltd, Equirus Capital Private Limited are the book-running lead managers for this IPO, while Link Intime India Private Ltd is the registrar.
Objectives of Capital Small Finance Bank IPO:
● To satisfy its future requirements for capital, the Bank plans to enhance its Tier-1 capital base with the Net Proceeds from the Fresh Issue.
● The proceeds from the Fresh Issue will also be used towards meeting the expenses to the Offer.
● The Bank expects to receive the benefits of listing the Equity Shares on the Stock Exchanges.
Capital Small Finance Bank IPO Video:
About Capital Small Finance Bank
Capital Small Finance Bank Limited is a small finance bank that was founded in 1999. The first non-NBFC microfinance organization to get an SFB license was Capital SFB in 2015. The business has a branch-based operating strategy and is well-established in both rural and semi-urban locations.
The middle-class consumer groups that earn between ₹0.4 and ₹5 million annually are the focus of Capital Small Finance Bank. Through a combination of product offerings, customer service, physical branches, and internet platforms, they hope to become these clients' primary banker.
With its main office located in Jalandhar, Punjab, Capital Small Finance Bank has consciously extended its SFB activities across northern Indian states, including Delhi, Himachal Pradesh, Punjab, Haryana, Rajasthan, and UT Chandigarh.
Peer Comparison
● IDFC First Bank
● AU SFB
● Equitas SFB
● ESAF SFB
● Suryoday SFB
● Ujjivan SFB
For More Information:
Webstory on Capital Small Finance Bank IPO
Capital Small Finance Bank Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 676.00 | 578.21 | 511.43 |
| EBITDA | 144.82 | 100.6 | 70.22 |
| PAT | 93.59 | 62.56 | 40.78 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 7990.77 | 7153.92 | 6371.24 |
| Share Capital | 34.25 | 34.04 | 33.91 |
| Total Borrowings | 721.38 | 498.43 | 616.72 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | -107.44 | -210.74 | 174.31 |
| Net cash from / (used in) investing activities | -19.66 | -13.15 | -12.42 |
| Net cash flow from / (used in) financing activities | 221.51 | -119.7 | 196.81 |
| Net increase (decrease) in cash and cash equivalents | 94.4 | -343.59 | 358.71 |
Capital Finance Bank IPO Key Points
-
Strengths
1. The company has a retail-focused liability franchise with a high share of CASA
2. The company has Secured and diversified its advances portfolio
3. The company has Streamlined credit assessment processes and risk management practices
4. The company has a Customer-centric approach and deep understanding of target customers
5. The company has a Consistent track record of growth with constantly improving operational and profitability metrics
-
Risks
1. The business is concentrated in North India, with approximately 87% of our 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
2. 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.
3. 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.
Capital Finance Bank
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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Capital Finance Bank IPO FAQs
When does the Capital Small Finance Bank IPO opens and closes?
Capital Small Finance Bank IPO opens from 7th February to 9th February 2024.
What is the size of the Capital Small Finance Bank IPO?
The size of Capital Small Finance Bank IPO is ₹523.07 cr.
How to apply for the Capital Small Finance Bank IPO?
To apply for Capital Small Finance Bank IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Capital Small Finance Bank IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
What is the GMP of the Capital Small Finance Bank IPO?
The GMP value of every IPO changes daily. To view today's GMP of Capital Small Finance Bank IPO visit https://www.5paisa.com/ipo/ipo-gmp
What is the price band of Capital Small Finance Bank IPO?
The price band of Capital Small Finance Bank IPO is ₹445 to ₹468 per share.
What is the minimum lot size and investment required for the Capital Small Finance Bank IPO?
The minimum lot size of Capital Small Finance Bank IPO is 32 shares and the investment required is ₹14,976.
What is the allotment date of the Capital Small Finance Bank IPO?
The share allotment date of Capital Small Finance Bank IPO is 12th February 2024.
What is the Capital Small Finance Bank IPO listing date?
The Capital Small Finance Bank IPO will be listed on 14th February 2024.
Who are the book runners for the Capital Small Finance Bank IPO?
Nuvama Wealth Management Limited, Dam Capital Advisors Ltd, Equirus Capital Private Limited are the book-running lead managers for Capital Small Finance Bank IPO
What is the objective of Capital Small Finance Bank IPO?
Capital Small Finance Bank will use proceeds for:
● To satisfy its future requirements for capital, the Bank plans to enhance its Tier-1 capital base with the Net Proceeds from the Fresh Issue.
● The proceeds from the Fresh Issue will also be used towards meeting the expenses to the Offer.
● The Bank expects to receive the benefits of listing the Equity Shares on the Stock Exchanges.
Contact Details of Capital Small Finance Bank IPO
Contact Information
Capital Small Finance Bank Limited
MIDAS Corporate Park, 3rdFloor,
37, G.T. Road,
Jalandhar 144 001,
Phone: +91 181 5051111
Email: cs@capitalbank.co.in
Website: https://www.capitalbank.co.in/
Capital Small Finance Bank IPO Register
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: capitalsfb.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Capital Small Finance Bank IPO Lead Manager
Nuvama Wealth Management Limited
Dam Capital Advisors Ltd
Equirus Capital Private Limited
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