31 Mar 2021
Assets12,338.65
Total Income1,768.42
Profit After Tax105.40
NET Worth1,352.06
Reserves and Surplus902.59
Total Borrowing1,694.00
At a glance
Updated 2026-08-24The shares listed at ₹71.00, a 18.33% move from the issue price. ESAF Small Finance Bank is a Mainboard IPO with an issue size of ₹463.00 crore, proposed for listing on BSE, NSE. The offer opens on 3rd Nov 2023 and closes on 7th Nov 2023. The issue structure includes a fresh issue of ₹390.88 crore and an offer-for-sale component of ₹72.12 crore. The current listing schedule points to 10th Nov 2023.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹463.00 Cr
Fresh issue₹390.88 Cr
Offer for sale₹72.12 Cr
Face value₹10
Price band₹57.00–₹60.00
Allotment8th Nov 2023
Listing10th Nov 2023
Listing performance
Full performance ↗Issue price₹60.00
Listing price₹71.00
Current price—
Listing gain18.33%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹16.00
GMP / upper price26.67%
Est. listing₹76.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens3rd Nov 2023
Closes7th Nov 2023
Allotment8th Nov 2023
Refund8th Nov 2023
Demat9th Nov 2023
Listing10th Nov 2023
Subscription demand
Full bidding ↗Total77.00×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 250 | ₹15,000 |
Company
Incorporated1992
Use of proceeds
| Object | Amount |
|---|---|
| Augmentation of Banks Tier-I capital base to meet Banks future capital requirements | ₹390.70 Cr |
| Total | ₹390.70 Cr |
Financials
Full financials ↗31 Mar 2022
Assets17,707.56
Total Income2,147.51
Profit After Tax54.73
NET Worth1,406.80
Reserves and Surplus957.32
Total Borrowing2,952.83
31 Mar 2023
Assets20,223.66
Total Income3,141.57
Profit After Tax302.33
NET Worth1,709.13
Reserves and Surplus1,259.66
Total Borrowing3,354.20
30 Jun 2023
Assets20,795.94
Total Income991.78
Profit After Tax129.96
NET Worth1,839.09
Reserves and Surplus1,389.62
Total Borrowing2,739.13
Trend chart₹ crore
KPIs
| KPI |
|---|
| RoNW |
Valuation & shareholding
Pre-IPO EPS6.73
Pre-IPO P/E8.94
Post-IPO P/E5.94
Promoter holding pre74.43%
Promoter holding post63.4%
Market cap₹3087.54 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| BRLMs fees and commissions (including underwriting commission, brokerage and selling commission) | ₹13.60 Cr |
| Commission/processing fee for SCSBs and Bankers to the Offer and fee payable to the Sponsor Banks for Bids made by RIBs using UPI and Eligible Employees | ₹1.41 Cr |
| Brokerage and selling commission and bidding charges forMembers of the Syndicate, Registered Brokers, RTAs and CDPs | ₹0.84 Cr |
| Fees payable to the Registrar to the Offer | ₹0.30 Cr |
| Fees payable to the auditors | ₹4.65 Cr |
| Fees payable to the Independent chartered accountant | ₹0.47 Cr |
| Fees payable to the Industry experts | ₹0.79 Cr |
| Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | ₹8.94 Cr |
| Printing and stationery | ₹0.16 Cr |
| Advertising and marketing expenses | ₹4.58 Cr |
| Fees payable to legal counsels | ₹9.83 Cr |
| Miscellaneous | ₹3.12 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.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 2026-08-24.