Equitas Small Finance Bank is a 510 crore IPO which consists of a fresh issue of Rs 280 crore and an offer for sale of 7.2 crore Equity Shares by Equitas Holdings. The issue opens to public on Tuesday 20th Oct and closes on Thursday 22nd October. It has a price band set at Rs 32 to 33 per share with a lot size of 450 shares. Proceeds of the fresh issue will be utilized towards augmenting the Bank's Tier I capital base, to meet the future capital requirement. Watch an exclusive analysis by our research analyst Mr. Rishabh Shah to know some important business insight and what he recommends about this issue.
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