Jana Small Finance Bank Limited IPO
Important Dates:-
| Particulars | Value |
|---|---|
| Open Date:- | February 7, 2024 |
| Close Date:- | February 9, 2024 |
| Allotment Date:- | February 12, 2024 |
| Listing Date:- | February 14, 2024 |
About Jana Small Finance Bank Limited IPO :-
Established in July 2006, Jana Small Finance Bank Limited operates as a non-banking finance company, primarily focusing on providing MSME loans, affordable housing loans, term loans to NBFC, loans against fixed deposits, two-wheeler loans, and gold loans.
Jana SFB offers various unsecured loan products, encompassing individual and micro business loans, agricultural and allied loans, and group loans. The bank categorizes loans into three segments: individual loans for home improvement/repair, individual loans for school fees, and individual personal loans for debt consolidation, family functions, incidental expenses, and business purposes.
The company delivers digital products, services, and platforms, including mobile and internet banking for both retail and corporate clients. From March 31, 2021, to March 31, 2023, the bank witnessed a substantial increase in gross secured advances, rising from ₹50,760.00 million to ₹99,047.54 million, reflecting a compound annual growth rate (CAGR) of 39.69%.
As of March 31, 2023, Jana SFB extended its reach with 754 banking outlets across 22 states and two union territories, with 272 located in unbanked rural centers. This nationwide presence contributes to mitigating concentration risk.
Having served nearly 12 million customers since 2008, the bank maintained 4.57 million active customers as of March 31, 2023. Over the past three fiscal years, the bank acquired 0.91 million, 0.51 million, and 0.08 million new customers, respectively.
As of March 31, 2023, Jana SFB boasted a total of 18,184 permanent employees, contributing to its organizational workforce.
Contact Details :-
Address:- Jana Small Finance Bank Limited The Fairway Business Park, #10/1, 11/2, 12/2B, off Domlur, Koramangala Inner Ring Road, Next to EGL, Challaghatta, Bengaluru 560 071
Phone:- +91 80 4602 0100
E-mail:- investor.grievance@janabank.com
Website:- https://www.janabank.com/
IPO Details :-
| Particulars | Value |
|---|---|
| IPO Type:- | Mainline |
| Price:- | ₹393 to ₹414 |
| Lot Size:- | 36 |
| Minimum Amount for 1 Lot:- | ₹14,904 |
| Listing At:- | BSE, NSE |
| Total issue of Shares:- | 1,37,68,049 |
| Total issue Size:- | ₹570 Crore |
| Fresh issue of Shares:- | 1,11,59,420 |
| Fresh issue Size:- | ₹462 Crore |
| Offer for Sale issue of Shares:- | 26,08,629 |
| Offer for Sale issue Size:- | ₹108 Crore |
| Face Value:- | ₹10 per Equity Share |
| Retail Quota:- | 35% |
| QIB Quota:- | 50% |
| NII Quota:- | 15% |
Financial Information :-
Amount in ₹ Crore
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 28,105.87 | 25,643.69 | 20,188.71 | 19,078.66 |
| Revenue | 2,215.57 | 3,699.88 | 3,062.37 | 2,720.74 |
| Profit After Tax | 213.22 | 255.97 | 17.47 | 72.26 |
| Net Worth | 2,547.11 | 1,777.07 | 1,184.56 | 1,100.77 |
| Reserves and Surplus | 2,225.44 | 1,472.28 | 999.29 | 914.09 |
| Total Borrowing | 5,313.54 | 6,277.46 | 4,509.83 | 4,815.32 |
Key Performance Indicator :-
| Particulars | Value |
|---|---|
| Market Cap (₹ in Crore):- | 4,330 |
| ROE:- | 16.78% |
| Debt/Equity:- | 3.49 |
| RoNW:- | 14.40% |
IPO Prospectus :-
| Particulars | Link |
|---|---|
| Jana Small Finance Bank Limited IPO DHRP:- | Click Here |
| Jana Small Finance Bank Limited IPO RHP:- | Click Here |
GMP :-
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
|---|---|---|---|
| 03-02-2024 | ₹108 | ₹522 | 26.09% |
| 04-02-2024 | ₹108 | ₹522 | 26.09% |
| 05-02-2024 | ₹80 | ₹494 | 19.32% |
| 06-02-2024 | ₹66 | ₹480 | 15.94% |
| 07-02-2024 | ₹51 | ₹465 | 12.32% |
| 08-02-2024 | ₹59 | ₹473 | 14.25% |
| 09-02-2024 | ₹42 | ₹456 | 10.14% |
| 10-02-2024 | ₹42 | ₹456 | 10.14% |
| 11-02-2024 | ₹37 | ₹451 | 8.94% |
| 12-02-2024 | ₹30 | ₹444 | 7.25% |
| 13-02-2024 | ₹18 | ₹432 | 4.35% |
Subscription Details :-
| Date | QIB | NII | Retail | Employee | Other | Total |
|---|---|---|---|---|---|---|
| February 7, 2024 | 0.14 | 1.28 | 1.27 | 1.28 | 1.28 | 0.96 |
| February 8, 2024 | 0.19 | 3.18 | 2.42 | 3.18 | 3.18 | 1.98 |
| February 9, 2024 | 39.81 | 26.13 | 5.70 | 26.13 | 26.13 | 19.89 |
Listing Details :-
| Particulars | Value |
|---|---|
| Listing Date:- | February 14, 2024 |
| BSE Script Code:- | 544118 |
| NSE Symbol :- | JSFB |
| ISIN:- | INE953L01027 |
| Final Issue Price:- | ₹414.00 |
| Open:- | ₹396.00 |
| Low:- | ₹365.00 |
| High:- | ₹409.00 |
| Close:- | ₹368.15 |
Jana Small Finance Bank Limited IPO FAQ :-
What is the opening date for Jana Small Finance Bank Limited IPO ?
The Jana Small Finance Bank Limited IPO opens on February 7, 2024.
What is the closing date for Jana Small Finance Bank Limited IPO ?
The Jana Small Finance Bank Limited IPO closes on February 9, 2024.
When will the shares be allotted for Jana Small Finance Bank Limited IPO ?
Shares of Jana Small Finance Bank Limited IPO will be allotted on February 12, 2024.
What is the listing date for Jana Small Finance Bank Limited IPO ?
The listing date for Jana Small Finance Bank Limited IPO is February 14, 2024.
What is the price/ price range for Jana Small Finance Bank Limited IPO ?
The price/ price range for Jana Small Finance Bank Limited IPO is ₹393 to ₹414.
What is the minimum lot size for the Jana Small Finance Bank Limited IPO ?
The minimum lot size for Jana Small Finance Bank Limited IPO is 36 shares.
What is the minimum investment required for retail investors in the Jana Small Finance Bank Limited IPO ?
The minimum investment required for retail investors in the Jana Small Finance Bank Limited IPO is ₹14,904.
What type of IPO is the Jana Small Finance Bank Limited IPO ?
The type of Jana Small Finance Bank Limited IPO is Mainline.
What is the total issue size of the Jana Small Finance Bank Limited IPO ?
The total issue size of Jana Small Finance Bank Limited IPO is ₹570 Crore.
How many shares are being offered in the Jana Small Finance Bank Limited IPO ?
Total 1,37,68,049 shares are being offered in the Jana Small Finance Bank Limited IPO .
What is the face value of Jana Small Finance Bank Limited IPO share?
The face value of Jana Small Finance Bank Limited IPO share is ₹10.
What is the market capitalization of the Jana Small Finance Bank Limited IPO ?
The market capitalization of the Jana Small Finance Bank Limited IPO is ₹4330.04 Crore.
Who is the registrar for the Jana Small Finance Bank Limited IPO ?
The registrar for the Jana Small Finance Bank Limited IPO is .
Where can I check the IPO Allotment status for Jana Small Finance Bank Limited IPO ?
You can check the IPO Allotment status for Jana Small Finance Bank Limited IPO at .
What is the email address and website of Jana Small Finance Bank Limited IPO ?
The email address of Jana Small Finance Bank Limited IPO is investor.grievance@janabank.com and website is https://www.janabank.com/.
What is the Jana Small Finance Bank Limited IPO GMP (Grey Market Premium) as of 13-02-2024 ?
The latest GMP for Jana Small Finance Bank Limited IPO is ₹18 as of 13-02-2024 .