Equitas IPO

ShareChat parent Mohalla Tech is eyeing a late-2027 IPO after two profitable Ebitda quarters, with micro dramas driving revenue growth and a turnaround in cash flows

The IPO received bids for 7,80,26,850 shares against 11,58,50,001 shares on offer, according to data available with the NSE

At the price point of Rs 32 - 33, reasonable upside is left on the table for investors

The shares of Equitas Small Finance Bank IPO will be available in the lots of 450 and the price band has been fixed between Rs 32 - 33 per share

Equitas Small Finance Bank on Thursday fixed the price band for its over Rs 500 crore initial public offering (IPO) at Rs 32-Rs 33 per equity share

JM Financial, Edelweiss Financial Services and IIFL Securities are managing the offer

Board of Directors of of Equitas Small Finace Bank (ESFBL/ Bank) had approved to issue of 4,74,58,239 equity shares of Rs 10 each at a price of Rs 52.68 per equity share

First-ever public issue by a small finance bank sees strong demand across investor segments