Capital Small Finance Bank IPO GMP

Capital Small Finance Bank will hold their Mainline Initial Public Offering on February 7 with the aim to raise Rs523 crores through pricing range of between Rs445 to Rs468 for 36 shares of market lots.

Capital Small Finance Bank IPO GMP

Capital Small Finance Bank was one of India’s pioneering small finance banks when established. Their CASA ratio is one of the lowest among all banks at 41.88%; additionally they hold 5.12% retail deposits which makes up one of their main strengths.

With more than two decades of expertise and services available across multiple channels, they specialize in targeting middle-class residents of semi-urban and rural regions with financial solutions designed for them. Their goal is to become their customers’ go-to bank via digital, physical and interpersonal networks.

Capital Small Finance Bank plans on initiating its initial public offering (IPO) from February 7 through February 9. Through this IPO, they aim to raise an estimated Rs523.07 crores.

At Rs10 each, it will offer up to 1,561,329 common shares at an IPO price of Rs10. This represents 15% market quota; 50% QIB; and 35% HNI.

Capital Small Finance Bank IPO  Dates 

Capital Small Finance Bank will launch their initial public offering (IPO) and close it on February 7 and 9, respectively. Final allocation and listing is anticipated for February 12, with prices per share expected between Rs 445-468.

Anchor Investors AllotmentFebruary 6, 2024
IPO Open DateFebruary 7, 2024
IPO Close DateFebruary 9, 2024
Basis of Allotment:February 12, 2024
Refunds February 13, 2024
Credit to Demat Account:February 13, 2024
IPO Listing DateFebruary 14, 2024

Capital Small Finance Bank IPO Lot Size 

Bids for multiples of 32 shares may be placed, with a minimum bid set at 32 shares. Below is a table displaying both HNIs and retail investors who invested at different prices;

Applications Lot size Shares Amounts 
Retail (Minimum)132₹14,976
Retail (Maximum)13416₹194,688
S-HNI (Minimum)14448₹209,664
S-HNI (Maximum)662112₹988,416
B-HNI (Minimum)672,144₹1,003,392

Capital Small Finance Bank IPO Reservation

The below table shows the capital Small Finance Bank IPO for 2024.

Investor category Offered shares 
QIB offered shares Not more than 50% of the net issue 
Retail offered shares Not less than 35% of the net issue 
NII(HNI) offered shares Not less than 15% of the net issue 

How to apply for a Capital Small Finance Bank IPO? 

Apply online for Capital Small Finance Bank IPO through ASBA using your bank account. You can also apply online via UPI for ASBA by your stock brokers.

You can also apply offline by filling out the form provided by stock brokers. The online application procedure is described here.

  • Visit the website
  • Login to the Zerodha website or the application.
  • Click the IPO icon in the menu bar.
  • Click on the Capital Small Finance Bank icon that appears.
  • Click the bid button.
  • Enter the UPI ID and amount.
  • Click the Submit button.

How to check the Allotment status of your capital Small Finance Bank IPO?

Follow the step-by-step instructions to find out what capital Small Finance Bank IPO is in 2024.

  • Navigate to the website.
  • Please enter all required information.
  • Enter PAN into the blank space.
  • Click the Submit button.

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