IPO Details
Bidding Dates
07 Feb 24 - 09 Feb 24
Price Range ₹
445 - 468
Total Equity
₹ 0.00Cr
Lot Size
32
Exchange Status
BSE,NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
2.49×
Qualified Institutional Buyers
6.64×
Employees
0.00×
Retail Investors
2.49×
Total subscription Rate
4.00×
IPO Timeline
Allotment
--
Refund initiation
--
Demat transfer
--
Offer start
07 Feb 2024
Offer end
09 Feb 2024
Listing
14 Feb 2024
Allotment
--
Refund initiation
--
Demat transfer
--
Offer start
07 Feb 2024
Offer end
09 Feb 2024
Listing
14 Feb 2024
About Company
Incorporated in 1999, Capital Small Finance Bank Limited is a small finance bank that obtained its license in 2015, making it the first non-NBFC microfinance entity to receive such accreditation. The bank has established a robust presence in semi-urban and rural areas, utilizing a branch-based operating model. Capital Small Finance Bank primarily focuses on catering to middle-income customer segments with an annual income ranging from ₹0.4 to 5 million. Their objective is to become the primary banking institution for these customers by offering a diverse range of products, exemplary customer service, a network of physical branches, and efficient digital channels.
Year Founded
31-05-1999
Promotor Details
Navin Kumar Maini
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 24.01 | 0 |
| Share Capital | 8489425 | 0 |
Highlights
- By targeting middle-income customer segments with an annual income ranging from ₹0.4-5 million, the bank can tailor its product offerings and services to meet the specific needs of this demographic, potentially leading to higher customer satisfaction and loyalty.
- With a strong presence in semi-urban and rural areas through a branch-based operating model, Capital Small Finance Bank can provide localized services and establish closer relationships with customers, fostering trust and engagement.
- The bank's strategic expansion in northern states of India allows it to tap into growing markets and capitalize on emerging opportunities, potentially increasing its market share and revenue streams.
- With a high percentage of secured loans in its loan book, Capital Small Finance Bank demonstrates robust asset quality, which can enhance investor confidence and mitigate credit risk.
- By offering a mix of product offerings and leveraging both physical branches and digital channels, the bank can cater to a wider range of customer preferences and enhance accessibility, improving overall customer experience and engagement.
Challenges
- Despite its strong presence in northern states, Capital Small Finance Bank may face challenges in expanding its footprint to other regions, potentially limiting its growth opportunities and market reach.
- While focusing on rural and semi-urban areas can be advantageous, it also exposes the bank to risks associated with these markets, such as lower levels of financial literacy and infrastructure limitations.
- The bank operates in a highly competitive banking sector, facing competition from both traditional banks and other small finance banks, which could potentially impact its market share and profitability.
- The bank operates in a highly competitive banking sector, facing competition from both traditional banks and other small finance banks, which could potentially impact its market share and profitability
- As the bank continues to grow its operations and expand its workforce, it may encounter operational challenges such as scalability issues, talent management, and maintaining consistent service quality across branches
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2021 | 63,712.38 | 339.10 | 1,25,122.00 | 1,25,122.00 | 7.2472 |
| 2023 | 7,99,07,740.00 | 3,42,525.00 | 13,347.00 | 16,947.00 | 1.6852 |
| 2019 | 4,32,12,044.00 | 2,84,807.00 | 1,94,141.00 | 1,94,141.00 | 6.8166 |
| 2022 | 71,539.21 | 340.44 | 1,25,122.00 | 1,25,122.00 | 7.2472 |
| 2020 | 5,32,98,770.00 | 3,38,072.00 | 1,94,141.00 | 1,94,141.00 | 6.8166 |
