ESAF Small Finance Bank IPO: Issue subscribed 70% on day 1, so far; retail portion fully booked

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₹57 to ₹60 per equity share of face value of ₹10. ESAF Small Finance Bank lot size is 250 equity shares and in multiples of 250 equity shares thereafter. ESAF Small Finance Bank IPO has reserved not more than 50% of the shares in the public issue for Qualified Institutional Buyers (QIB), not less than 15% for Non Institutional Investors (NII), and not less than 35% of the offer is reserved for Retail Investors.

A discount of ₹5 per equity share is being offered to eligible employees bidding in the employee reserve portion. Also Read: ESAF Small Finance Bank IPO opens today: GMP, issue details, review, here are 10 key things to know On day 1, ESAF Small Finance Bank IPO retail investors portion was subscribed 1.09 times, NII portion was subscribed 73%, and Qualified Institutional Buyers (QIB) portion is yet to be booked, and employee portion was subscribed 61%. ESAF Small Finance Bank IPO has received bids for 4,02,18,500 shares against 5,77,28,408 shares on offer, according to data from the BSE.

ESAF IPO retail investors' portion received bids for 3,00,64,500 shares against 2,76,62,281 shares on offer for this segment. Also Read: ESAF Small Finance Bank IPO opens on November 3, price band set at ₹57 to ₹60 per share ESAF Bank's non-institutional investors' portion received bids for 86,73,250 shares against 1,18,55,264 on offer for this segment. ESAF Small IPO's Qualified Institutional Buyers (QIBs) portion received bids for 3,500 shares against 1,58,07,017 shares on offer for this segment.