ESAF Small Finance Bank IPO description – The company is a leading small finance bank in India in terms of client base size, yield on advances, Net Interest Margin, assets under management CAGR, total deposit CAGR, loan portfolio concentration in rural and semi-urban areas and ratio of micro loan advances to gross advances. It commenced business as a small finance bank on March 10, 2017.
Its asset products comprise (a) micro loans, (b) retail loans, (c) MSME and corporate loans and (d) agricultural loans. As at March 31, 2021, 2020 and 2019, its gross advances were INR84,150.05 million, INR66,065.11 million and INR45,870.63 million, respectively, and the percentage of its gross NPAs to gross advances was 6.70%, 1.53% and 1.61%, respectively. The percentage of net NPAs to net advances was 3.88%, 0.64% and 0.77%, respectively in these years.
The bank had the highest ratio of micro loan advances to gross advances at 92.92% as at March 31, 2020 among its compared peers, although this figure came down to 84.78% in FY2021.
Its liability products comprise current accounts, savings accounts, fixed deposits and recurring deposits. The bank also serves NRI customers and offers NRE and NRO current accounts, saving accounts, fixed deposits and recurring deposits. Its total deposits were INR89,994.26 million as at March 31, 2021, respectively. It had the second highest deposits growth over Fiscals 2019-2021 and the highest share of retail deposits (comprising CASA and retail term deposits) as a percentage of our total deposits as at March 31, 2020 among compared peers.
Promoters of ESAF Small Finance Bank – Kadambelil Paul Thomas and ESAF Financial Holdings Private Limited
- ESAF Small Finance Bank IPO details
- ESAF Small Finance Bank’s Financial Performance (in INR crore)
- ESAF Small Finance Bank IPO News
- ESAF SFB Valuation (as of FY2021)
- ESAF Bank IPO GMP Daily Trend
- ESAF Bank IPO Subscription Details (no. of times)
- ESAF Bank Offer Reviews – Subscribe or Avoid?
- ESAF SFB IPO Registrar
- ESAF Small Finance Bank Contact Details
- ESAF Bank IPO Allotment Status
- ESAF Small Finance Bank IPO Timetable
- ESAF Small Finance Bank IPO FAQs
ESAF Small Finance Bank IPO details
| Subscription Dates | Coming soon |
| Price Band | Coming soon |
| Fresh issue | INR800 crore |
| Offer For Sale | INR197.8 crore |
| Total IPO size | INR997.8 crore |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
ESAF Small Finance Bank‘s Financial Performance (in INR crore)
| FY2019 | FY2020 | FY2021 | |
| Revenue | 1,140.8 | 1,546.4 | 1,767.3 |
| Expenses | 1,050.5 | 1,356.0 | 1,661.9 |
| Net income | 90.3 | 190.4 | 105.4 |
| Margin (%) | 7.9 | 12.3 | 6.0 |
ESAF Small Finance Bank IPO News
ESAF SFB Valuation (as of FY2021)
Earnings Per Share (EPS): INR2.46
Price/Earnings (PE ratio): Coming soon
Return on Net Worth (RONW): 7.80%
Net Asset Value (NAV): INR30.08 per share
ESAF Bank IPO GMP Daily Trend
| Date | ESAF Bank IPO GMP | Kostak | Subject to Sauda |
ESAF Bank IPO Subscription Details (no. of times)
| Category | Shares Offered | Day 1 | Day 2 | Day 3 |
| QIB | ||||
| NII | ||||
| Retail | ||||
| Employees | ||||
| Total |
ESAF Bank Offer Reviews – Subscribe or Avoid?
Angel One –
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
Canara Bank Securities –
Choice Broking –
Elite Wealth –
GEPL Capital –
Hem Securities –
ICICIdirect –
IDBI Capital –
KR Choksey –
Marwadi Financial Services –
Motilal Oswal –
Nirmal Bang –
Religare Broking –
Samco Securities –
SMC Global –
Ventura Securities –
ESAF SFB IPO Registrar
Link Intime India Private Limited
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in
ESAF Small Finance Bank Contact Details
ESAF Small Finance Bank Limited
Building No.VII/83/8, ESAF Bhavan
Thrissur-Palakkad National Highway
Mannuthy, Thrissur 680 651
Phone: +91 487 7123 907
Email: [email protected]
Website: www.esafbank.com
ESAF Bank IPO Allotment Status
ESAF Small Finance Bank offer allotment will be available on Link Intime’s website. Click on this link to get allotment status.
ESAF Small Finance Bank IPO Timetable
IPO Opening Date: Coming soon
IPO Closing Date: Coming soon
Finalisation of Basis of Allotment: Coming soon
Initiation of refunds: Coming soon
Transfer of shares to demat accounts: Coming soon
Listing Date: Coming soon
Opening Price on NSE: Coming soon
Closing Price on NSE: Coming soon
ESAF Small Finance Bank IPO FAQs
How many shares in ESAF 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 ESAF Small Finance Bank Public Offer?
The best way to apply in ESAF Bank IPO 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 ESAF Bank IPO GMP today?
ESAF Bank IPO GMP today is NA.
What is ESAF Small Finance Bank IPO kostak rate today?
ESAF Small Finance Bank IPO kostak rate today is NA.
What is ESAF Small Finance Bank Subject to Sauda rate rate today?
ESAF Small Finance Bank Subject to Sauda rate today is NA per application.