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March 16, 2021
IPO Alert: Suryoday Small Finance Bank
Suryoday Small Finance Bank is a new age bank that went live on 23-Jan-17. It was incorporated in 2008 as a NBFC mainly catering to the unbanked and underbanked sections of the population. As of 31-Jul-20, the bank had 482 branches and a customer base of 14.3 lakh in urban and semi-urban areas.
| Bid/Offer Opens On | Wednesday, 17-Mar-21 |
| Bid/Offer Closes On | Friday, 19-Mar-21 |
| Price Band | Rs. 303 - Rs. 305 per equity share |
| Lot Size | 49 Shares |
More on Suryoday Small Finance Bank | Know How to Apply
The below table has important dates with respect to the IPO allotment and listing
| Bid/Offer Opens On | 17-Mar-21 |
| Bid/Offer Closes On | 19-Mar-21 |
| Finalization Of Basis Of Allotment | 24-Mar-21 |
| Initiation Of Refunds | 24-Mar-21 |
| Credit Of Shares To Demat Acct | 25-Mar-21 |
| IPO Shares Listing Date | 30-Mar-21 |
| UPI Mandate Expiry Date | 05-Apr-21 |
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
