About Fincare Small Finance Bank IPO
Fincare Small Finance Bank is a digital-first financial services provider. It caters to the requirements of banked and unbanked individuals residing in the rural as well as semi-urban areas of India. It was formed following a merger of Future Financial and Disha Microfin. In the first quarter of FY2020, Fincare Small Finance Bank was added in the Second Schedule of the Reserve Bank of India Act, 1934.
Fincare Small Finance Bank IPO Objectives :
- Augmentation of its Tier- 1 capital base
- Fulfilment of general corporate purposes
Fincare Small Finance Bank IPO - Details
Fincare Small Finance Bank has filed preliminary papers with SEBI to raise Rs. 1,330 crores via an initial public offering. The Bengaluru-based company’s IPO will include a fresh issue worth Rs. 330 crores along with an offer for sale of Rs. 1,000 crores by the company’s promoter, Fincare Business Services Limited.
Opening Date
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Closing Date
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Price Band
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per equity share
Issue Size
₹ - Cr
Face Value
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per equity share
Market Lot
- Shares
Opening Date
-
Closing Date
-
Price Band
₹ -
per equity share
Issue Size
₹ - Cr
Face Value
₹ -
per equity share
Market Lot
- Shares
Listing at NSE, BSE
Fincare Small Finance Bank IPO Important Dates
IPO Open Date | - |
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IPO Close Date | - |
Basis Of Allotment Date | - |
Initiation Of Refunds | - |
Credit Of Shares To Demat ACcount |
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IPO Listing Date | - |
How to apply for Fincare Small Finance Bank IPO?
You can apply for the Fincare Small Finance Bank IPO in these ways:
UPI
Link your bank account to a reliable UPI ID and register it with your Angel One account. Proceed to book
Fincare Small Finance Bank IPO shares using the ID, confirm the payment on the UPI app, and block the amount for allotment.
Demat Account
1. If you are already a client of Angel One, apply directly for
Fincare Small Finance Bank IPO, click here.
2. If you’re a new investor Open DEMAT Account for free with Angel One to begin your investment journey.
Fincare Small Finance Bank IPO – Noteworthy Highlights
Here are some essential highlights in relation to Fincare Small Finance Bank:
1. This company recorded the highest growth rate in terms of advances from FY2018 to FY2020.
2. In FY2020, Fincare Small Finance Bank recorded the best adjusted ROA and ROE among the small finance banks in India.
3. The promoter of this company is Fincare Business Services Limited.
4. Fincare Small Finance Bank has raised funds worth Rs. 1.9 billion over 1 round.
Fincare Small Finance Bank IPO - SWOT Analysis
Competitive Analysis: Market Peers
Name of the Company | Fincare Small Finance Bank | Bandhan Bank | CreditAccess Grameen Bank | AU Small Finance Bank |
Earnings Per Share (EPS) | 24.43 | 18.78 | 23.20 | 22.78 |
Total Income (Rs.) | 12,157.20 million | 30,237.37 million | 17,054.80 million | 49,919.76 million |
Return on Net Worth (RoNW) | 15.87% | 19.90% | 11.27% | 15.42% |
Face Value | Rs. 10 per share | Rs. 10 per share | Rs. 10 per share | Rs. 10 per share |
Fincare Small Finance Bank IPO FAQs
How can investors apply for Fincare Small Finance Bank IPO via Angel One App?
Step 1: Open the Angel One app and Navigate to the ‘Investment Opportunities’ section
Step 2: After entering all the required details and select “IPOs and FPOs”
Step 3: Enter your NPCI - approved UPI ID/Handle
Step 4: To finish placing the order, click on ‘invest’
Where can individuals find their UPI ID?
Can investors apply for Fincare Small Finance Bank IPO even if they do not have a UPI ID?
How can one create his/her UPI ID?
Step 1: Download the BHIM app on your phone
Step 2: Complete the verification of your mobile number
Step 3: Register the passcode as it is needed to open the mobile-based application
Step 4: Choose your bank from available options
Step 5: Upon selecting the bank, this app will fetch all details in relation to your bank account
Note that if individuals have multiple bank accounts, they will have to choose only one account.
Step 6: After registering your bank account, makes sure to set up a PIN to secure the UPI app.
After completing the steps mentioned above, you can check your UPI ID in the app’s profile section.
Why am I not being able to place my Fincare Small Finance Bank IPO order using my UPI ID/handle?
Why am i not being able to find UPI ID listed in dropdown menu on Angel One’s mobile-based app when applying for IPO?
When does an investor receive his/her UPI mandate after placing IPO order?
How do I approve the Fincare Small Finance Bank IPO mandate request?
Why is the UPI mandate request still pending even though I have approved it?
How much time does it take to approve the UPI mandate request?
Can an investor submit more than one application for Fincare Small Finance Bank IPO?
How much does it cost to apply for Fincare Small Finance Bank IPO?
How can NRIs subscribe to Fincare Small Finance Bank IPO using Angel One’s mobile-based application?
What is the cut-off price in relation to IPO, and why should one place the IPO order at a cut-off price?
Can I apply for Fincare Small Finance Bank IPO if my bank account is not linked with the Angel One app?
Can investors subscribe to Fincare Small Finance Bank IPO using their bank’s current Account?
Can an individual apply for Fincare Small Finance Bank IPO using his/her HUF’s account?
Can I subscribe to Fincare Small Finance Bank IPO using my daughter’s bank account if she’s under the age of 18?
Why my bank account hasn’t been debited even though I’ve placed IPO order?
Can investors modify their bid if they've already applied for Fincare Small Finance Bank IPO?
Are investors allowed to cancel/withdraw/delete their bid after placing IPO order?
Step 1: Navigate to the ‘Investment Opportunities’ on the Angel One app
Step 2: Go to the “IPOs and FPOs” section
Step 3: Select the “Order Book” option
Step 4: Choose the Fincare Small Finance Bank IPO order
Step 5: Select “Details”
Step 6: Once you see the “Cancel” option, select it to withdraw your IPO application
How does an investor check his/her check Fincare Small Finance Bank IPO status?
Step 1: Open the Angel One app
Step 2: Navigate to the “Investment Opportunities” section
Step 3: Select “IPOs and FPOs”
Step 4: Tap the “Order Book” option to check the application status
Why is my Fincare Small Finance Bank IPO application rejected?
- The UPI PIN or ID that you entered when approving the mandate was incorrect
- Your bank account/ DEMAT account/ UPI ID might not be mapped with the same PAN
Here’s an example:
Suppose Ravi is using Rohan’s UPI ID to subscribe to Fincare Small Finance Bank IPO with his own DEMAT account. In this case, Ravi’s application will get cancelled owing to these reasons:
- Rohan’s bank account is not linked with Ravi’s DEMAT account
- Rohan’s UPI ID is not linked with Ravi’s PAN