IPO Dates
Important dates with respect to IPO allotment and listing
IPO Open Date
To be announced
About Company
Capital Small Finance Bank Limited IPO combines Rs 450 crores in fresh equities and 3,840,087 equity shares from selling shareholders. Capital Small Finance Bank is one of the leading small finance banks.
About Capital Small Finance Bank Limited
Capital Small Finance Bank started in 2016 as India’s first small finance bank. They began as a local bank and were one of the first two NBFCs to receive a small finance banking (SFB) licence in 2015.
As an SFB, Capital Small Finance Bank offers a diversified product portfolio with a sizable book in multiple asset classes. They have the highest number of secured loans, 99%, among all peers.
Capital Small Finance Bank IPO Objective
- A significant portion of the net proceeds will be used for paying fees to BRLMs and legal counsel.
- The bank will utilise the IPO funds to cover expenses related to the listing process like advertising and marketing expenses, Registrar’s fees, SCSB’s fees etc.
Why should you invest in the Capital Small Finance Bank IPO?
Below are your top reasons.
- They were in the leading positions in asset qualities, costs of funds, retail and CASA deposits in FY21.
- Capital Small Finance Bank has steady financials among SBFs. Their GNPA and NNPA of 2.08% and 1.13% are the lowest among small finance banks.
- Capital SBF has faired better during major disruptive events. It has shown resilience and continuous growth in deposits.
- They have maintained a higher growth ratio than the public sector banks, private sector banks, and their combined growth rate from 2017 to 2021.
Capital SBF’s Noteworthy Highlights
- They have notably substantial retail liability with a high share of CASA among SFBs.
- The bank offers a diversified portfolio to a dispersed customer base.
- The SFB deposit and credit are expected to reach 1% and 1.5%, respectively, from the current status of 0.6% and 1.0% by Fiscal 2024.
- They set themselves apart, focusing on growing the loan book with secured loans.
- Capital SFB has the lowest credit cost among its peers.
Capital Small Finance Bank Financials
| Particulars | FY21 | FY20 | FY19 |
|---|---|---|---|
| Revenue From Operation | 3,185.85 | 2,768.19 | 2,317.57 |
| EBITDA | 702.29 | 499.19 | 386.90 |
| EBITDA Margin (%) | - | - | - |
| Profit | 1395.56 | 1091.49 | 925.70 |
| EPS | 11.98 | 8.16 | 6.82 |
| ROE | 9.51 | 7.72 | 8.02 |
Know before investing
Strengths
4
Since its conversion into an SBF, they have strengthened its branch banking arm by adding 111 new branches.
The bank is well-positioned to capitalise on the growing Indian middle-class population with its full suite of products and services.
They explore new markets through branch expansion across Punjab, Haryana, Delhi, and Rajasthan.
They have some formidable names as its shareholders - PI Ventures LLP, SIDBI, Amicus, OIJIF II, ICICI Prudential, and HDFC Life.
Risks
4
Their business is concentrated in the state of Punjab. Any adverse change in the state’s economy or politics can impact the bank’s profitability.
Capital SFB needs to maintain the CRR and SLR fixed by RBI as a bank. Any change in limits or the bank’s inability to fulfil the CLR and SLR will impact future cash flow.
Although the bank has shown resilience in the current pandemic situation, it might get impacted if the condition continues.
Exposure to additional credit risk or growth in NPA can hurt its profit.
Login to Angel One App / Website & click on IPO
Select desired IPO & tap on "Apply"
Enter UPI ID, set quantity/price & submit
Accept mandate on the UPI app to complete the process
Login to Angel One App / Website
Choose IPO section on Home Page
Click IPO Orders
Chose the IPO application you want to view the status for
Peer Comparison
| Company Name | Total Income (in ₹ million) | P/E | EPS (diluted) |
|---|---|---|---|
| Capital SFB | 5,572.97 | - | 11.98 |
| City Union Bank | 48,394.52 | 20.68 | 7.97 |
| AU SFB | 64,015.98 | 30.98 | 37.86 |
| Equitas SFB | 36,124.68 | 18.47 | 3.49 |
Capital SFB IPO is a combination of new shares worth Rs 450 crore and 3,840,087 equity shares from selling shareholders.
Details are not available.
Details are not available.
Details are not available.
Retail investors can apply for a minimum of one lot.
It takes approximately ten working days from the last day of subscription to list the shares on the bourses.
The shares will list on BSE and NSE exchanges.
Existing Angel One clients can check their IPO allotment status from their accounts.
- Open Angel One App and search for investment opportunities
- Select IPOs and FPO
- Select the Order Book Option
Follow the simple steps below.
- Log in to your account
- Select Medi Assist Healthcare from the Active IPO list
- Click ‘Apply’
- Complete the bidding process and make payment through UPI
- Approve payment mandate on your UPI handle
No. Only one application is allowed against one PAN number.
Once you approve the UPI payment mandate, the bank will not immediately debit the amount. They will block the fund in your account. Once IPO shares are allotted in your name, the amount will get debited or else the bank will unblock the funds after the UPI mandate expiry date.
Madan Gopal Sharma and Sarvjit Sharma are the current Chairman and CEO of Capital Small Finance Bank Ltd.
