Suryoday Bank IPO Date, Review, Price Band, Form & Market Lot Details

IPO Initial Public Offerings
Suryoday Small Finance Bank aka Suryoday Bank IPO to hit the market on 17 March and closes on 19 March 2021. The Suryoday Bank is based in Mumbai and to raise around 582 crore via IPO. Suryoday Bank was incorporated in 2008 based in Mumbai. They are one of the leading small finance banks in India. They serves the customers from unbanked and underbanked segments. They operates from 10 states and serving 1.25 million customers. They provide banking services and micro-finance loans to consumers and corporate. They have credit products like MFI loans, Vikas Loans, Shopkeeper Loans, etc. They also offer digital banking, NPCI payment systems, and mobile technologies along with banking through traditional channels. Check out for Suryoday Bank IPO date, price band and market lot details.

Important Details about IPO: 

  • Earnings Per Share (EPS): ₹13.3 
  • Price/Earnings (PE ratio): 22.78 to 22.93
  • Return on Net Worth (RONW): 10.43
  • Net Asset Value (NAV): ₹123.13 Per Share

 

    Suryoday Bank IPO Review

    • Apply for Short Term and Long Term Gain

    Brokerage Firm IPO Reviews

    • Axis Capital: None

    Suryoday Bank IPO Date & Price Band

     IPO Open: 17 March 2021
     IPO Close: 19 March 2021
     IPO Size: Approx ₹582.34 Crore
     Face Value: ₹10 Per Equity Share
     Price Band: ₹303 to ₹305 Per Share (Approx)
     Listing on: BSE & NSE
     Retail Portion: 35%
     Equity: 19,093,070 Shares

    Suryoday Bank IPO Market Lot

     Minimum Lot Size: Minimum 49 Shares
     Minimum Amount: ₹14,945
     Maximum Lot Size: Maximum 637 Shares
     Maximum Amount: ₹194,285

    Suryoday Bank IPO Allotment & Listing

     Basis of Allotment: 24 March 2021
     Refunds: 24 March 2021
     Credit to Demat Account: 25 March 2021
     Listing Date: 30 March 2021

    Suryoday Bank IPO Form

    How to apply the Suryoday Bank IPO? You can apply Suryoday 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 Suryoday Bank IPO in the Invest section. The other option you can apply Suryoday Bank IPO via IPO forms download via NSE and BSE. Check out the Suryoday Bank forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

    Suryoday Bank Company Financial Report

      ₹ in Crore
    RevenuesExpenses
    Net Income
    2017
    201832531311.50
    201959750790.40
    2020854743111.20
    2021 – 9M
    68963454.87

    Company Promoters

    • BASKAR BABURAMACHANDRAN
    • P. SURENDRA PAI
    • P. S. JAGDISHAND
    • G. V. ALANKARA

    About Suryoday Bank

      Suryoday Small Finance Bank is a new age bank that went live on January 23rd 2017. Our endeavour is to bring the best banking solutions to the ‘banked’, ‘under-banked’ and the ‘un-banked’ sections of the society. Our power packed solutions are designed to offer the choicest of benefits to suit different financial needs. As always, our focus will continue to be on ensuring the best in class ‘Customer Experience’.

        Quick Links

        DRHP Draft Prospectus
        RHP Draft Prospectus

        Suryoday Bank IPO Registrar

        Kfin Technologies Private Limited
        (formerly known as Karvy Fintech Private Limited)
        Selenium, Tower  B,
        Plot No. – 31 and 32  Financial District Nanakramguda,
        Serilingampally Hyderabad, Rangareddi 500032
        Telangana, India
        Tel: +91 40 6716 2222
        E-mail: [email protected]
        Website: www.kfintech.com
        Investor grievance ID: [email protected]
        Contact Person: M.Murali Krishna
        SEBI Registration Number: INR00000022

        Note: Check Suryoday Bank IPO allotment status on KFintech website allotment URL. Click Here

        Suryoday Bank IPO Lead Managers

        • Axis Capital Limited
        • ICICI Securities Limited
        • IIFL Securities Limited
        • SBI Capital Markets Limited

        Company Address

        SURYODAY SMALL FINANCE BANK LIMITED
        Unit No. 1101, Sharda Terraces, Plot No. 65,
        Sector 11, CBD Belapur, Navi Mumbai
        400 614, Maharashtra, India
        Tel: +91 22 4043 5800
        Website: www.suryodaybank.com
        Contact Person: Geeta Krishnan
        Company Secretary and Compliance Officer
        E-mail: [email protected]
        Corporate Identity Number: U65923MH2008PLC26147

        Suryoday Bank IPO FAQs

        When Suryoday Bank IPO will open for QIB, NII, and Retail?

        The IPO is to open on 17 March 2021 for QIB, NII, and Retail Investors.

        What is Suryoday Bank IPO Investors Portion?

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

        How to Apply the Suryoday Bank IPO?

        You can apply Suryoday Bank IPO via ASBA online via your bank account. You can apply 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 Burger King IPO through Zerodha?

        Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Suryoday 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.

        What is Suryoday Bank IPO Size?

        Suryoday Bank IPO size is ₹582.34 crores.

        What is Suryoday Bank IPO Price Band?

        Suryoday Bank IPO Price Band is ₹303 – ₹305.

        What is Suryoday Bank IPO Minimum and Maximum Lot Size?

        The minimum bid is 49 Shares with ₹14945 amount while maximum bid is 637 shares with ₹194285.

        What is Suryoday Bank IPO Allotment Date?

        Suryoday Bank IPO allotment date is 24 March 2021.

        What is Suryoday Bank IPO Listing Date?

        Suryoday Bank IPO listing date is 30 March 2021. The IPO to list on BSE and NSE.

        Note: The Suryoday Bank IPO price band and date will be added as it will be officially announced. The IPO grey market premium (Suryoday Bank IPO GMP) will be added on the grey market page as it will start)

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