07 Feb 24
09 Feb 24
₹445 to ₹468
12 Feb 24
14 Feb 24
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.
• 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.
The book-running lead managers to the offer are: Nuvama Wealth Management Ltd, Dam Capital Advisors Ltd, Equirus Capital Private Ltd.
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