Capital Small Finance Bank IPO Date, Review, Price, Allotment Details

Capital Small Finance Bank IPO Details: Capital Small Finance Bank IPO date is fixed, the IPO is to hit the market on February 7 and will close on February 9. Capital Small Finance Bank IPO to raise around ₹523.07 crores via IPO that comprises fresh issue of ₹450 crores and offer for sale up to 1,561,329 equity shares of ₹10 each. The retail quota is 15%, QIB is 50%, and HNI is 35%.
Capital Small Finance Bank IPO

Table of Contents

Capital Small Finance Bank commenced operations as India’s first small finance bank in 2016 and is among the leading SFBs in India in terms of cost of funds, retail deposits, and CASA deposits for Fiscal 2023. (Source: CRISIL MI&A Report). They had the highest proportion of retail deposits at 97.90% along with a CASA ratio of 41.88% resulting in the lowest cost of funds of 5.12% among the SFBs as of Fiscal 2023(Source: CRISIL MI&A Report).

They have the most diversified portfolio with sizeable books in multiple asset classes as compared to other SFBs with the highest proportion of secured lending of 99.82% as of fiscal 2023 among the SFBs. (Source: CRISIL MI&A Report). They have one of the best asset quality among the SFBs represented by GNPA and NNPA of 2.77% and 1.36%, respectively as of Fiscal 2023, and the lowest average GNPA at 2.45% and the third lowest average NNPA among the SFBs at 1.28% from Fiscals 2021 to Fiscal 2023 (Source: CRISIL MI&AReport). They are the only SFB to show an increasing trend in profit after tax, RoA, and RoE for both Fiscal 2022 and Fiscal 2023 depicting their consistent outperformance against comparable SFBs


They offer a range of banking products on the asset and liability side. Their asset products primarily include agriculture loans, MSME and trading loans (working capital, machinery loans, etc.), and mortgages (housing loans and loans against property), the details of which are outlined in the table below.

  • Agricultural loans
  • MSME and trading loans
  • Mortgage loans

They have an experience of over two decades in the banking industry has operated as the largest local area bank before our conversion into a small finance bank in the year 2016. They are one out of the two non-NBFC microfinance entities to receive the SFB license in 2015 (Source: CRISIL MI&A Report). The core strategy is to build a robust retail-focused banking franchise by enabling access to affordable credit in the states they operate in their well-defined niche catering to middle-income group segments with special emphasis on rural and semi-urban areas. They focus primarily on the middle-income customer segments i.e., customers with an average annual income of ₹0.4 million to ₹5 million. They target to be the primary banker to their customers and endeavor to achieve this objective through a mix of (i) a suite of their product offerings; (ii) customer service orientation; (iii) a deeply entrenched physical branch network; and (iv) evolving digital channels of service delivery.


Objects of the Issue

  • Gross proceeds of the Fresh Issue.
  • (Less) Fresh Issue Expenses.

Capital Small Finance Bank IPO Review (Apply or Not)

  • May Apply

Brokerage Firm IPO Review

  • N/A

Capital Small Finance Bank IPO Date & Price Band Details

IPO Open:February 7, 2024
IPO Close:February 9, 2024
IPO Size:Approx ₹523.07 Crores
Fresh Issue:Approx ₹450 Crores
Offer for Sale:Approx 1,561,329 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹445 to ₹468 Per Share
IPO Listing on:BSE & NSE
Retail Quota:15%
QIB Quota:50%
 NII Quota:35%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Capital Small Finance Bank IPO Market Lot

The Capital Small Finance Bank IPO minimum market lot is 32 shares with ₹14,976 application amount. The retail investors can apply up-to 13 lots with 416 shares or ₹194,688 amount.

ApplicationLot SizeSharesAmount
Retail Minimum132₹14,976
Retail Maximum13416₹194,688
S-HNI Minimum14448₹209,664
B-HNI Minimum672,112₹1,003,392

Capital Small Finance Bank IPO Allotment & Listing Dates

The Capital Small Finance Bank IPO date is February 7 and the close date is February 9. The Capital Small Finance Bank IPO allotment will be finalized on February 12 and the IPO listing on February 14.

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

You can check IPO subscription status and IPO allotment status on their respective pages.

Capital Small Finance Bank IPO Form

How to apply for the Capital Small Finance Bank IPO? You can apply for Capital Small Finance Bank IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Capital Small Finance Bank IPO in the Invest section. The other option is you can apply for Capital Small Finance Bank IPO via IPO forms downloaded via NSE and BSE. Check out the Capital Small Finance Bank forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


Capital Small Finance Bank Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2021₹557.27₹516.48₹30.10
2022₹632.40₹569.83₹18.28
2023₹725.48₹631.88₹93.59
Sep 2023₹415.21₹287.57₹54.39

Capital Small Finance Bank IPO Valuation – FY2023

Check Capital Small Finance Bank IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹27.35 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):15.33%
Net Asset Value (NAV):₹178.27 per Equity Share

Peer Group

  • IDFC First Ban
  • AU SFB
  • Equitas SFB
  • ESAF SFB
  • Suryoday SFB
  • Ujjivan SFB

Company Promoters

  • Sarvjit Singh Samra
  • Amarjit Singh Samra
  • Navneet Kaur Samra
  • Surinder Kaur Samra
  • Dinesh Gupta

Capital Small Finance Bank IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Capital Small Finance Bank IPO Allotment Status Check

Check Capital Small Finance Bank IPO allotment status on Linkintime website allotment URL. Click Here

Capital Small Finance Bank IPO Lead Managers aka Merchant Bankers

  • Nuvama Wealth Management Limited
  • DAM Capital Advisors Limited
  • Equirus Capital Private Limited

Company Address

Capital Small Finance Bank Limited
MIDAS Corporate Park,
3rd Floor, 37, G.T. Road,
Jalandhar 144 001, Punjab, India
Tel: +911815051111/2222
Website: www.capitalbank.co.in
E-mail: [email protected]

Capital Small Finance Bank IPO FAQs

What is Capital Small Finance Bank IPO?

Capital Small Finance Bank IPO is a main-board IPO. They are going to raise ₹523.07 Crores via IPO. The issue is priced at ₹445 to ₹468 pr equity share. The IPO is to be listed on BSE & NSE.

When Capital Small Finance Bank IPO will open?

The IPO is to open on February 7, 2024 for QIB, NII, and Retail Investors.

What is Capital Small Finance Bank IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 35%, and Retail is 15%.

How to Apply the Capital Small Finance Bank IPO?

You can apply for Capital Small Finance Bank IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Capital Small Finance Bank IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Capital Small Finance Bank”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Capital Small Finance Bank IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Capital Small Finance Bank”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Capital Small Finance Bank IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Capital Small Finance Bank”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Capital Small Finance Bank IPO Size?

Capital Small Finance Bank IPO size is ₹523.07 crores.

What is Capital Small Finance Bank IPO Price Band?

Capital Small Finance Bank IPO Price Band is ₹445 to ₹468.

What is Capital Small Finance Bank IPO Minimum and Maximum Lot Size?

The minimum bid is 32 Shares with ₹14,976 amount while the maximum bid is 67 shares with ₹1,003,392.

What is the Capital Small Finance Bank IPO Allotment Date?

Capital Small Finance Bank IPO allotment date is February 12, 2024.

What is the Capital Small Finance Bank IPO Listing Date?

Capital Small Finance Bank IPO listing date is February 14, 2024. The IPO is to list on BSE and NSE.

Note: The Capital Small Finance Bank IPO price band and date are officially announced. The IPO grey market premium (Capital Small Finance Bank IPO Premium) will be added to the IPO grey market page as it will start).

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