Open Date
07 Feb 24
09 Feb 24
36 shares
₹570 Cr
Lot Size
IPO Size
Listing At
BSE, NSE
Listing Date
Price Range
₹393 to ₹414
Close Date
Allotment Date
12 Feb 24
14 Feb 24
Jana Small Finance Bank Limited, founded in July 2006, is a non-banking finance firm that specializes in providing MSME loans, affordable housing loans, term loans to NBFCs, loans against fixed deposits, two-wheeler loans, and gold loans. Jana SFB provides a range of unsecured lending products, including group loans, loans for agriculture and related industries, and loans for individuals and micro businesses.
• To satisfy its future requirements for capital, the Bank plans to enhance its Tier-1 capital base with the Net Proceeds from the Fresh Issue. • The proceeds from the Fresh Issue will also be used towards meeting the expenses to the Offer. • The Bank expects to receive the benefits of listing the Equity Shares on the Stock Exchanges.
The book-running lead managers to the offer are: Axis Capital Limited SBI Capital Markets Limited ICICI Securities Limited
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