
Industrial & Financial Services · NSE / BSE
Capital Small Finance Bank Limited, founded in 1999, has steadily grown into a trusted small finance bank in India, becoming the first non-NBFC microfinance institution to receive an SFB license in 2015. The bank focuses on semi-urban and rural areas, serving middle-income customers earning between ₹4 lakh and ₹50 lakh with a mix of financial products, strong customer service, and a blend of branch-based and digital banking options. Headquartered in Jalandhar, it now operates 172 branches and 174 ATMs across Punjab, Haryana, Rajasthan, Delhi, Himachal Pradesh, and Chandigarh, with nearly 76% of its customers coming from rural and semi-urban regions. Most of its loans are secured and backed by immovable property, with average loan sizes of ₹12.3 lakh for agriculture, ₹18.2 lakh for MSME, and ₹11.6 lakh for mortgage loans. Supported by a workforce of 1,827 employees, the bank remains committed to offering reliable and accessible banking services to the communities it serves.
Price Band
₹445 – ₹468
Issue Size
₹523 Cr
Lot Size
32 shares
GMP
Est. Listing
₹468
at current GMP
Subscribed
4.17x
overall
Open
7 Feb 2024
Close
9 Feb 2024
Allotment
13 Feb 2024
Refund
14 Feb 2024
Demat Credit
15 Feb 2024
Listing
14 Feb 2024
Designated Registrar: Link Intime India Private Limited
Allotment Date
13 Feb 2024
Basis finalization
Refunds Initiate
14 Feb 2024
Mandate release
Demat Credit
15 Feb 2024
Shares in demat
Listing Debut
14 Feb 2024
Trading begins
Capital Small Finance Bank Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹523.07 Crores. The shares are offered at a price band of ₹445 to ₹468 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-02-09, the basis of allotment is scheduled to be finalized on 2024-02-13. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.