Last updated on February 29, 2024
Capital Small Finance Bank IPO Description – Capital Small Finance Bank provides various banking products on both the asset and liability fronts. Asset products mainly encompass agricultural loans, MSME, and trading loans (such as working capital and machinery loans), as well as mortgages (comprising housing loans and loans against property).
The bank focuses on the middle-income bracket, catering to those earning between INR 4 Lakhs and INR 50 Lakhs annually. The distribution of the branches reflects its commitment, with 41.62% in rural areas, 34.68% in semi-urban regions, and 23.70% in urban centers as of 30 September 2023. With its headquarters located in Jalandhar, Punjab, the bank has strategically expanded its Small Finance Bank (SFB) operations over the years, focusing on the northern Indian states of Punjab, Haryana, Rajasthan, Delhi, Himachal Pradesh, and the Union Territory of Chandigarh.
Capital Small Finance Bank also generates fee income through various products and services, including forex and money transfers, outward remittances, safe deposit lockers, distribution of life insurance and general insurance products, 3-in-1 demat and trading accounts, and other ancillary services. The non-interest income has increased from INR 45.83 crore in FY 2021 to INR 49.48 crore in FY 2023.
As of 30 September 2023, and 31 March 2023, respectively, 99.85% and 99.82% of the bank’s loan book were secured, with 84.26% and 85.16% of the loans being secured by immovable properties. Moreover, the bank has strategically emphasized the development of a diversified loan book. Since FY 2021, loans with a ticket size of up to INR 0.25 crore have increased from 62.88% of the total loan book to 67.80% in FY 2023, reaching 67.44% as of 30 September 2023.
Promoters of Capital Small Finance Bank – Sarvjit Singh Samra, Amarjit Singh Samra, Navneet Kaur Samra, Surinder Kaur Samra, and Dinesh Gupta
Table of Contents
Capital Small Finance Bank IPO Details
| Capital Small Finance Bank IPO Dates | 7 – 9 Feb 2024 |
| Capital Small Finance Bank IPO Price | INR 445 – 468 per share |
| Fresh issue | INR 450 crore |
| Offer For Sale | 1,561,329 shares (INR 69.48 – 73.07 crore) |
| Total IPO size | INR 519.48 – 523.07 crore |
| Minimum bid (lot size) | 32 shares (INR 14,976) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Capital Small Finance Bank Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 557.27 | 632.40 | 725.48 | 415.22 |
| Expenses | 516.49 | 569.83 | 631.89 | 360.83 |
| Net income | 139.56 | 188.86 | 260.62 | 287.57 |
| Margin (%) | 25.04 | 29.86 | 35.92 | 69.26 |
Capital Small Finance Bank Offer News
- Capital Small Finance Bank RHP
- Capital Small Finance Bank DRHP
- Capital Small Finance Bank Unlisted Share Price
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Capital Small Finance Bank Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 11.98 | 18.22 | 27.21 |
| PE ratio | – | – | 16.35 – 17.20 |
| RONW (%) | 9.05 | 12.13 | 15.33 |
| NAV | 132.93 | 151.50 | 178.27 |
| EBITDA (%) | 12.60 | 15.91 | 19.96 |
| Debt/Equity | – | – | – |
Capital Small Finance Bank IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 13 February 2024 | 7 | – | – |
| 12 February 2024 | 10 | – | – |
| 10 February 2024 | 20 | – | – |
| 9 February 2024 | 35 | – | – |
| 8 February 2024 | 40 | – | – |
| 7 February 2024 | 45 | – | – |
| 6 February 2024 | 50 | – | – |
| 5 February 2024 | 50 | – | – |
| 3 February 2024 | 25 | – | – |
| 2 February 2024 | 25 | – | – |
Capital Small Finance Bank IPO Objectives
The Bank proposes to utilize the Net Proceeds from the Fresh Issue towards augmenting the Bank’s Tier–I capital base to meet the Bank’s future capital requirements. Further, the proceeds from the Fresh Issue will also be used towards meeting the expenses of the Offer.
Capital Small Finance Bank IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
| Shares Offered | 2,310,528 | 1,751,054 | 4,085,791 | 8,147,373 |
| 9 Feb 2024 | 6.64 | 4.05 | 2.49 | 4.00 |
| 8 Feb 2024 | 1.06 | 1.03 | 1.34 | 1.19 |
| 7 Feb 2024 | 0.29 | 0.38 | 0.67 | 0.50 |
| As on 07:00:00 PM | ||||
Capital Small Finance Bank – Comparison With Listed Peers
| Company | Face Value | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Capital Small Finance Bank | 10 | 17.20 | 27.21 | 15.33 | 178.27 | 725.48 |
| IDFC First Bank | 10 | 26.36 | 3.84 | 9.44 | 38.86 | 27,195.09 |
| AU SFB | 10 | 35.09 | 21.74 | 13.01 | 164.64 | 9,239.87 |
| Equitas SFB | 10 | 17.05 | 4.67 | 11.12 | 46.44 | 4,831.46 |
Capital Small Finance Bank IPO Allotment Status
Capital Small Finance Bank IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Capital Small Finance Bank IPO Dates & Listing Performance
| Capital Small Finance Bank IPO Opening Date | 7 February 2024 |
| Capital Small Finance Bank IPO Closing Date | 9 February 2024 |
| Finalization of Basis of Allotment | 12 February 2024 |
| Initiation of refunds | 13 February 2024 |
| Transfer of shares to demat accounts | 13 February 2024 |
| Capital Small Finance Bank IPO Listing Date | 14 February 2024 |
| Opening Price on NSE | INR 430.25 per share (down 8.07%) |
| Closing Price on NSE | INR 435 per share (down 7.05%) |
Capital Small Finance Bank IPO Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Axis Capital –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth – Subscribe
Capital Market – Neutral
Canara Bank Securities – Avoid
Choice Broking –
Dalal & Broacha –
Elite Wealth –
GCL Broking –
Geojit –
GEPL Capital – Subscribe
Hem Securities –
ICICIdirect –
Investmentz –
Jainam Broking – Subscribe for listing gain
DR Choksey –
LKP Research –
Marwadi Financial – Subscribe
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
Religare Broking –
Samco Securities – Avoid
SMC Global – 3/5
Swastika Investmart –
Ventura Securities – Subscribe
Capital Small Finance Bank IPO Lead Manager
DAM CAPITAL ADVISORS LIMITED
One BKC, Tower C, 15th Floor, Unit No.1511,
Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone:Â +912242022500
Email: [email protected]
Website:Â www.damcapital.in
Capital Small Finance Bank Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
Capital Small Finance Bank Contact Details
CAPITAL SMALL FINANCE BANK LIMITED
MIDAS Corporate Park, 3rd Floor,
37, G.T. Road, Jalandhar 144 001, Punjab, India
Phone:Â +91 181 5051111/2222
Email:Â [email protected]
Website: www.capitalbank.co.in
Capital Small Finance Bank IPO FAQs
How many shares in Capital Small Finance Bank IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply in Capital Small Finance Bank Public Offer?
The best way to apply in Capital Small Finance Bank public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Capital Small Finance Bank IPO GMP today?
Capital Small Finance Bank IPO GMP today is INR 7 per share.
What is Capital Small Finance Bank kostak rate today?
Capital Small Finance Bank kostak rate today is INR NA per application.
What is Capital Small Finance Bank Subject to Sauda rate today?
Capital Small Finance Bank Subject to Sauda rate today is INR NA per application.
