Fincare Small Finance Bank IPO gets SEBI approval
Also Read: Kundan Edifice share price debuts at 17.58% discount at ₹75 on NSE SME The book running lead managers for the Fincare Small Finance Bank IPO issue are ICICI Securities Limited, Axis Capital Limited, IIFL Securities Limited, SBI Capital Markets Limited, and Ambit Private Limited. Fincare Small Finance Bank said it plans to raise its Tier-I capital base with the net proceeds of the new Issue in order to satisfy its bank's future capital needs.
Fincare Business Services Limited may offer up to 1.49 crore equity shares, Wagner may offer up to 4.7 lakh equity shares, True North Fund V LLP may offer up to 4.4 lakh equity shares, Indium IV (Mauritius) Holdings Limited may offer up to 4.3 lakh equity shares, and Omega TC Holdings PTE may offer up to 2.3 lakh equity shares in the equity share offering. "Exciting news! Mint is now on WhatsApp Channels
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