LIVE24 Aug 2026, 08:01 PM IST
Home / IPO / Suryoday Small Finance Bank
LISTEDSME

Suryoday Small Finance Bank IPO

Open 17th Mar 2021 · Close 19th Mar 2021 · Listing 26th Mar 2021

Price Band₹303.00–₹305.00
Live GMPNO GMP
Subscription2.37×
Issue Size₹581.98 Cr
Allotment24th Mar 2021

At a glance

Updated 2026-08-23

Suryoday Small Finance Bank is a Mainboard IPO with an issue size of ₹581.98 crore, proposed for listing on BSE, NSE. The offer opens on 17th Mar 2021 and closes on 19th Mar 2021. The issue structure includes a fresh issue of ₹248.42 crore and an offer-for-sale component of ₹333.56 crore. The current listing schedule points to 26th Mar 2021.

Issue details

Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹581.98 Cr
Fresh issue₹248.42 Cr
Offer for sale₹333.56 Cr
Face value₹10
Price band₹303.00–₹305.00
Allotment24th Mar 2021
Listing26th Mar 2021

Grey market

GMP page ↗
Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listing₹295.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens17th Mar 2021
Closes19th Mar 2021
Allotment24th Mar 2021
Refund24th Mar 2021
Demat25th Mar 2021
Listing26th Mar 2021

Subscription demand

Full bidding ↗
Total2.37×

Lot size

InvestorLotsSharesAmount
Minimum Bid149₹14,945

Company

Incorporated2008

Use of proceeds

ObjectAmount
Augmenting Banks Tier-1 capital base to meet Banks futurecapital requirements₹247.94 Cr
Total₹247.94 Cr

31 Mar 2018

Assets2,155.96
Total Income324.93
EBITDA22.50
Profit After Tax11.49
NET Worth538.49
Reserves and Surplus470.99
Total Borrowing717.83

31 Mar 2019

Assets3,761.20
Total Income597.03
EBITDA148.32
Profit After Tax90.40
NET Worth880.37
Reserves and Surplus798.78
Total Borrowing1,124.23

31 Mar 2020

Assets5,364.52
Total Income854.14
EBITDA164.16
Profit After Tax111.20
NET Worth1,066.23
Reserves and Surplus979.64
Total Borrowing1,264.62

31 Dec 2020

Assets6,350.41
Total Income689.27
EBITDA79.91
Profit After Tax54.87
NET Worth1,190.96
Reserves and Surplus1,101.78
Total Borrowing1,487.08
Trend chart₹ crore

KPIs

KPIIssue ExpensesEst Amt (₹ Cr.)
1BRLMs fees and commissions (including underwriting commission, brokerage and selling commission)13.07
2Commission/processing fee for SCSBs and Bankers to the Issue and fee payable to the Sponsor Bank for Bids made by RIBsusing UPI1.06
3Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs1.04
4Fees payable to the Registrar to the Issue0.06
5Fees payable to the other advisors to the Issue0.35
6Fee payable to regulators including BSE and NSE listing fees, SEBI filing fees, upload fees, BSE andNSEprocessing fees, book building software fees and other regulatory expenses1.56
7Printing and stationery1.16
8Advertising and marketing expenses6.48
9Fee payable to legal counsels2.95
10Miscellaneous2.58

Issue expenses

ExpenseAmount
BRLMs fees and commissions (including underwriting commission, brokerage and selling commission)₹13.07 Cr
Commission/processing fee for SCSBs and Bankers to the Issue and fee payable to the Sponsor Bank for Bids made by RIBsusing UPI₹1.06 Cr
Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs₹1.04 Cr
Fees payable to the Registrar to the Issue₹0.06 Cr
Fees payable to the other advisors to the Issue₹0.35 Cr
Fee payable to regulators including BSE and NSE listing fees, SEBI filing fees, upload fees, BSE andNSEprocessing fees, book building software fees and other regulatory expenses₹1.56 Cr
Printing and stationery₹1.16 Cr
Advertising and marketing expenses₹6.48 Cr
Fee payable to legal counsels₹2.95 Cr
Miscellaneous₹2.58 Cr

Registrar & lead managers

Registrar

Kfin Technologies Ltd.

Lead managers

  • ICICI Securities Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.