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MarketCircularsDaily Updates
October 21, 2020
287

IPO alert: Equitas Small Finance Bank

The promoter of Equitas Small Finance Bank (ESFB) i.e. Equitas Holdings Limited (EHL) was granted RBI’s final approval
on June 30, 2016, to establish a Small Finance Bank (SFB). Subsequently, the bank was converted to a SFB and it commenced
operations on September 05, 2016.


Date: 20th October 2020 – 22nd October 2020

Price range: Rs.32 - 33

Issuer Company: Equitas Small Finance Bank (ESFB)

IPO Lot Size: 450 Equity Shares and in multiples thereof


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