Equitas Small Finance Bank has debuted at Rs 31.00 on the BSE, down by 2 points or 6.06% from its issue price of Rs 33.00.
The scrip is currently trading at Rs 31.80, down by 1.20 points or 3.64% from its issue price. It has touched a high and low of Rs 32.65 and Rs 30.10 respectively. So far 27.60 lakh shares were traded on the counter.
The offering, which was open for subscription between October 20, 2020 and October 22, 2020, was subscribed 1.95 times. The issue price was fixed at Rs 33 per share i.e. at upper end of price band of Rs 32-33 apiece.
Equitas Small Finance Bank offers personalised services and helps finds the right product to suit individual banking requirements for their savings.
