ESAF Small Finance Bank IPO allotment – how to check allotment, GMP, listing date and more

• ESAF Small Finance Bank is expected to announce its share allotment status today, November 9.
• The shares of ESAF Small Finance Bank were subscribed 73.15 times.
• The shares are expected to be listed on the stock exchanges on November 10.

Thrissur-based ESAF Small Finance Bank, a small finance bank, providing loans to rural and semi-urban customers and more is expected to announce the allotment status of its initial public offering (IPO) today, that is November 9.

The ESAF Small Finance Bank IPO opened on November 3 and closed on November 7. The price band for the IPO was ₹57 to ₹60 per share.

Robust subscription

On the last day, the ESAF Small Finance Bank IPO was subscribed 73.15 times, receiving bids for 422.3 crore equity shares against 5.77 crore shares on offer.

While the qualified institutional buyer portion was subscribed 174.52 times, the non-institutional investors portion was subscribed 84.37 times. The retail portion also witnessed good participation and was subscribed 16.97 times. The employee portion was subscribed 4.36 times.

Grey market premium

The shares of ESAF Small Finance Bank are currently commanding a grey market premium (GMP) of ₹20 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

Here’s how to check the IPO’s allotment status

You can check the allotment status on the registrar’s website.

• To check the ESAF Small Finance Bank IPO allotment status, visit the registrar’s website here.
• Click on ‘Select Company’ and then select ‘ESAF Small Finance Bank’.
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
• Now, enter the captcha.
• Click on submit.

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the ESAF Small Finance Bank IPO allotment status on the BSE and NSE websites.

• To check the allotment status on BSE or NSE website:
• Go to the BSE website.
• On the website, click on 'Equity' and then select ‘ESAF Small Finance Bank’ from the dropdown menu.
• Now, enter your application number and PAN.
• Click on 'Search'.
• You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

ESAF Small Finance Bank IPO listing date

The shares of ESAF Small Finance Bank will be listed on the stock exchanges on November 10.

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