₹ 15000 / 250 shares
57 - 60
Retail Gain/Listing Gain
ESAF Small Finance Bank Limited is a small finance bank with a focus on unbanked and under-banked customer segments, especially in rural and semi-urban centres.
Their key offerings include advances (asset products) and deposits (liability products). The advances include Micro Loans, consisting of Microfinance Loans and Other Micro Loans, retail loans covering gold loans, mortgages, personal loans, vehicle loans, MSME loans, loans to financial institutions, and agricultural loans. On the liability side, their products include current accounts, savings accounts, term deposits, and recurring deposits.
The company has a network of 700 banking outlets (including 59 business correspondent-operated banking outlets), 767 customer service centres, 22 business correspondents, 2,116 banking agents, 525 business facilitators and 559 ATMs spread across 21 states and 2 union territories, serving 7.15 million customers as at June 30, 2023.
With that, let's take a look at the competitive strengths and risk factors for ESAF Small Finance Bank Limited:
Here are the key financials for ESAF Small Finance Bank Limited.
Particulars (in Rs. million)
How to apply for IPO through ASBA
The ESAF Small Finance Bank Limited IPO has an issue size of Rs. 463 crores. The IPO opens for subscription on 3rd November and closes on 7th November 2023.
Link Intime India Private Limited is the registrar for this IPO.