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Open
5 Apr 2016
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Close
7 Apr 2016
3
Allotment
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Listing
Thu, Apr 21, 2016
Price Band
₹109 to ₹110
Issue Size
19,78,80,429 shares (agg. up to ₹2,177 Cr)
Lot Size
135 Shares
Listing Date
Thu, Apr 21, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 12.14x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Amrapali Fincap Ltd. | SME | ₹42.48 Cr | ₹120 | null | ₹121.00 | +0.83% | ₹30.21 (+1.99%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in certain of our Subsidiaries, namely, EFL, EMFL and EHFL, to augment their capital base to meet their future capital requirements arising out of growth in our business. | 616.00 |
| 2 | General corporate purposes | 80.64 |
About Equitas Holdings IPO
Incorporated in June 2007, Equitas Holdings Ltd is Chennai based financial services provider focused on individuals and micro and small enterprises (MSEs). Equitas offers services to low income groups and economically weaker individuals operating small businesses and MSEs with limited access to formal financing channels.Equitas is one of the 10 companies that have been selected by the RBI to set up small finance banks, niche lenders aimed at helping small businesses and farmers get easier access to funding.Equitas operates in 11 states, one union territory and the NCT of Delhi. As of June 30, 2015, Equitas had 520 branches across India.Equitas offer a range of financial products and services including:1. MicrofinanceEquitas offers micro loans of Rs 5,000 to Rs 35,000 to its customers. Company is fifth largest microfinance company in India in terms of gross loan portfolio.2. Vehicle FinanceEquitas offers used commercial vehicle finance to customers. Company is among a few NBFCs in India operating in the used commercial vehicle finance business.3. Micro and Small Enterprise (MSE) FinanceEquitas provides asset backed financing primarily focused on self-employed individuals operating m
Contact Details
Equitas Holdings Ltd. Address410A, 4th Floor, Spencer PlazaPhase II, No.769, Mount RoadAnna SalaiChennai, Tamil Nadu, 600002044 4299 5000corporate@equitas.inVisit Website