The details about the Jana Small Finance Bank Limited IPO is as:
- The issue size of the Jana Small Finance Bank IPO is 570 Cr.
- The shares of Jana Small Finance Bank Limited IPO will list on 14th February 2024.
- The price band for Jana Small Finance Bank Limited IPO is Rs 393 to Rs 414.
- The latest tentative GMP of Jana Small Finance Bank Limited IPO is Rs 50.
- The shares of Jana Small Finance Bank Limited IPO is subscribed 19.89 Times as of 9th February 2024.
Jana Small Finance Bank Limited IPO Valuation
The approx valuation of Jana Small Finance Bank Limited IPO based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 311 |
| Existing Shares (Qty) |
9.34 Cr |
| Fresh Issue |
462 Cr |
| Market Cap |
3366.74 Cr |
| EPS (FY23) |
Rs 47.47 |
| PE Ratio |
6.55x |
| Industry PE |
93.03x |
Jana Small Finance Bank Limited IPO Issue Size
Jana Small Finance Bank Limited IPO issue size is 570 Cr.
| Issue |
Amount |
| Fresh Issue |
462 Cr |
| Offer For Sale |
108 Cr |
Jana Small Finance Bank Limited IPO Market Lot
An Individual can apply for a minimum 1 lot of 36 shares and a maximum of 13 lots of 468 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
36 |
14,904 |
| Maximum |
13 |
468 |
1,93,752 |
Jana Small Finance Bank Limited IPO share offer
The shares of Jana Small Finance Bank Limited IPO is subscribed 19.89 Times as of 9th February 2024. The category-wise shares offered are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
39.81 Times |
| Non-Institutional |
Minimum 15% |
26.13 Times |
| Retail Individual |
Minimum 35% |
5.70 Times |
| Total |
|
19.89 Times |
Find below the dates for Jana Small Finance Bank Limited IPO:
| Schedule |
Date |
| Basis of Allotment |
12 February 2024 |
| Refunds |
13 February 2024 |
| Credit to Demat Account |
13 February 2024 |
| IPO Listing Date |
14 February 2024 |
Check allotment status