Jana Small Finance Bank IPO Details

Open Date

07 Feb 24

09 Feb 24


₹570 Cr

Lot Size

IPO Size

Listing At


Listing Date

Price Range

₹393 to ₹414

Close Date

Allotment Date

12 Feb 24

14 Feb 24

IPO Details

Jana Small Finance Bank Limited, founded in July 2006, is a non-banking finance firm that specializes in providing MSME loans, affordable housing loans, term loans to NBFCs, loans against fixed deposits, two-wheeler loans, and gold loans. Jana SFB provides a range of unsecured lending products, including group loans, loans for agriculture and related industries, and loans for individuals and micro businesses.

About the Company

    • 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: Axis Capital Limited SBI Capital Markets Limited  ICICI Securities Limited

Book Runners

Disclaimer Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.