You are here: Home » Markets » News
Business Standard

Equitas SFB lists at Rs 31 against issue price of Rs 33 per share

The initial public offer (IPO) of Equitas Small Finance Bank was subscribed nearly two times.

Topics
Buzzing stocks | Markets | Equitas SFB

SI Reporter  |  Mumbai 

Stock brokers
The bank proposed to utilise the net proceeds from the offer towards augmenting bank's Tier I capital base to meet bank's future capital requirements. (Photo credit: Kamlesh Pednekar)

Equitas Small Finance Bank made a weak debut at the bourses as shares of the company listed at Rs 31, 6 per cent lower against the issue price of Rs 33 per share on the BSE on Monday.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Mon, November 02 2020. 10:04 IST
RECOMMENDED FOR YOU
.