Suryoday SFB IPO Subscription Status: FINAL
Suryoday Small Finance Bank, incorporated in 2017 as an SFB, is a leading SFB in India in terms of net interest margins, return on assets, yields and deposit growth and had the lowest cost-to-income ratio among SFBs in India in Fiscal 2020.
Prior to commencement of operations as an SFB, they operated as an NBFC carrying out microfinance operations and operated the joint liability group-lending model for providing collateral-free, small ticket-size loans to economically active women belonging to weaker sections.
Suryoday SFB IPO Subscription: End of Day Update
|Day||Day 1||Day 2||Day 3|
Suryoday SFB IPO Subscription: Analyst Recommendations
LKP SECURITIES – SUBSCRIBE [ REPORT ]
CHOICE BROKING – SUBSCRIBE [ REPORT ]
Suryoday SFB IPO Subscription: Key IPO Details
|Issue Size||₹582.34 Cr|
|Face Value||₹10/- per Equity Share|
|IPO Price||303 – ₹305|
|Lot Size||49 shares|
|Lots||Min 1 – Max 13|
|2018||2019||2020 Mar||2020 Dec|
|Interest Earned||₹286.88 Cr||₹530.11 Cr||₹766.69 Cr||₹624.35 Cr|
|Total Income||₹324.93 Cr||₹597.03 Cr||₹854.14 Cr||₹689.27 Cr|
|Net Profit||₹11.49 Cr||₹90.39 Cr||₹111.20 Cr||₹54.87 Cr|
|Basis for Pricing||EPS (Avg)||P/E (Floor)||P/E (Cap)|
|Based on basic EPS||11.45||26.46||26.64|
Comparison with listed industry peers
Suryoday SFB IPO Subscription – FAQs
1. How to apply for Suryoday SFB IPO in Retail Category?
A: An investor in retail category may either apply through the UPI process via DEMAT account or the ASBA process via bank account
2. How to apply for Suryoday SFB IPO in HNI Category?
A: An investor can apply in HNI category only through the ASBA process via bank account
3. Where can I find the Red Herring Prospects (RHP) details?
A: You can visit the NSE or SEBI website for these details. Alternately you can click here: RHP