IIFL Securities Ltd
Initial Public Offer of up to (*) equity shares of face value of Rs.10 each (equity shares) of ESAF Small Finance Bank Limited (bank or issuer) for cash at a price of Rs.(*) per equity share (including a share premium of Rs.(*) per equity share) aggregating up to Rs.976.24 Crores (the offer) comprising a fresh issue of up to (*) equity shares aggregating up to Rs.800 Crores (the fresh issue) and an offer for sale of up to (*) equity shares aggregating up to Rs.176.24 Crores (the offer for sale), comprising up to (*) equity shares aggregating up to Rs.150 Crores by the promoter selling shareholder (as defined hereunder), and up to (*) equity shares aggregating up to Rs.17.49 Crores by Bajaj Allianz Life Insurance Company Limited and up to (*) equity shares aggregating up to Rs.8.75 Crores by PI Ventures LLP (collectively referred to as the selling shareholders, and such equity shares the offered shares). The offer shall constitute (*)% of the post-offer paid-up equity share capital of the Bank.The Bank may, in consultation with the book running lead managers (brlms), consider a pre-offer placement of an aggregate amount up to Rs.300 Crores (the pre-ipo placement). The pre-ipo placement will be at a price to be decided by the Bank, in consultation with the brlms and the pre-ipo placement will be undertaken prior to filing with the roc. If the pre-ipo placement is undertaken, amount raised pursuant to the Pre-ipo placement will be reduced from the fresh issue, subject to the minimum offer size constituting at least 10% of the post-offer paid-up equity share capital of the Bank.The face value of equity shares is Rs.10 each. The price band, and the minimum bid lot shall be decided by the Bank.
Issue
Money Payable On
Further Multiples of: 0
Hepzibah Complex Second Floor No.X 109 M4 Mannuthy PO Thrissur
Kerala- 680651
Phone -
Fax -
Email - ranjith.raj@esafbank.com
Website -
Share your Name and Mobile Number with us and get started