Suryoday Small Finance Bank Limited
mainboardlistedAbout the company
Incorporated in 2008 in Chennai, Suryoday Small Finance Bank is a bank that caters to the unbanked and underbanked segments in India. It commenced its microfinance operations in 2009 and currently operates across 13 states and union territories, as of 31 December 2020. At the end of 2020, the bank catered to 14.4 lakh customers and operated 554 banking outlets.
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
Completed17 Mar 2021Bidding starts for all investor categories
IPO Closes
Completed19 Mar 2021Last day to place your bid
Basis of Allotment
Completed19 Mar 2021Share allotment finalised
Refund Initiation
Completed24 Mar 2021Refunds credited for non-allottees
Credit to Demat
Completed24 Mar 2021Allotted shares credited to demat account
Listing on Exchange
Completed30 Mar 2021Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 49 | ₹14,945 | 13 | ₹194,285 | ≤ ₹2,00,000 |
| sHNI (Small HNI) | 14 | 686 | ₹209,230 | 66 | ₹986,370 | ₹2L – ₹10L |
| bHNI (Big HNI) | 67 | 3283 | ₹1,001,315 | 72 | ₹1,076,040 | > ₹10L |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 9,555,921 | 290.5 | 0 | 0.00x | 100% |
| NII | 15% | 2,866,776 | 87.15 | 0 | 0.00x | 100% |
| Retail | 35% | 6,689,145 | 203.35 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
