MoneyWorks4Me

ESAF Small Finance Bank lists with 19.83% premium on the BSE

10 Nov 2023 Evaluate

ESAF Small Finance Bank has debuted at Rs 71.90 on the BSE, up by 11.9 points or 19.83% from its issue price of Rs 60.

The scrip is currently trading at Rs 70.84, up by 10.84 points or 18.07% from its issue price. It has touched a high and low of Rs 74.70 and Rs 70.30 respectively. So far 33.68 lakh shares were traded on the counter.

The offering, which was open for subscription between November 3, 2023 and November 7, 2023 was subscribed 73.15 times. The issue price was fixed at Rs 60 per share i.e. at upper end of price band of Rs 57-60 apiece.

ESAF Small Finance Bank (ESAF SFB) the new age social bank continues to redefine the banking experience to all the stakeholders.


Peers
Company Name CMP
HDFC Bank 740.00
ICICI Bank 1343.50
Axis Bank 1250.00
Kotak Mahindra Bank 415.00
Indusind Bank 958.00
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