| Issue Date | 17 Mar 2021 - 19 Mar 2021 |
| Issue Size | ₹582.34 Cr |
| Issue Price | ₹303-305 |
| Market Lot | 49 Shares |
| Shares on Offer | 19,093,070 |
| Registrar | KFintech |
| GMP | ₹25-30 |
| Kostak | N/A |
| Subject to Sauda | N/A |
| Listing Date | 30 Mar 2021 |
| Listing Price | ₹292 |
| Listing Gain% | -4.5 |
Suryoday - ‘Sunrise’ in Sanskrit, signifies a new dawn, a new beginning and this encompasses their strong commitment to financial inclusion. In the past, as Suryoday Micro Finance and now as Suryoday Small Finance Bank.
Their journey from Micro Finance to a Small Finance Bank took just eight years. Today over a million ‘smiling customers’ stand testimony to their belief that ‘no matter what, dreams, when enabled will transform mankind and create a whole new world around’.
They are among the 10 companies and the only one from Maharashtra to obtain a ’Small Finance Bank’ licence from the Reserve Bank of India (RBI).
Baskar Babu Ramachandran, P. Surendra Pai, P. S. Jagdish and G. V. Alankara are the company promoters.
| Particulars | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Total Assets (In ₹ Millions) | 53,645.22 | 37,612.03 | 21,559.64 |
| Total Revenue (In ₹ Millions) | 8,541.38 | 5,970.29 | 3,249.26 |
| Profit After Tax (PAT) (In ₹ Millions) | 1,111.98 | 903.98 | 114.92 |
| Date | GMP | Kostak | Subject to Sauda |
|---|---|---|---|
| 20 Mar 2021 | ₹25-30 | N/A | N/A |
| 19 Mar 2021 | ₹27-30 | N/A | N/A |
| 17 Mar 2021 | ₹28-31 | N/A | N/A |
| Strength |
|---|
| Asset, Revenue and Profit is on the rise since 2018. |
| The profitability is fairly high |
| It's a finance banking company |
| Weakness |
|---|
| Date & Time | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 - 17 Mar 2021 | 0.00 | 0.04 | 0.84 | 0.42 |
| Day 2 - 18 Mar 2021 | 0.00 | 0.20 | 2.00 | 1.01 |
| Day 3 - 19 Mar 2021 | 2.18 | 1.31 | 3.09 | 2.37 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusSuryoday Small Finance Bank Ltd IPO will open on 17 Mar 2021 and close on 19 Mar 2021.
Suryoday Small Finance Bank Ltd IPO will list on 30 Mar 2021.
The offer price of Suryoday Small Finance Bank Ltd IPO is ₹303-305.
The lot size of Suryoday Small Finance Bank Ltd IPO is 49.
The Grey Market Premium (GMP) price of Suryoday Small Finance Bank Ltd IPO is ₹25-30.
The Kostak price of Suryoday Small Finance Bank Ltd IPO is Not Available at the moment.
The Subject to Sauda price for Suryoday Small Finance Bank Ltd IPO is Not Available at the moment.
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