Equitas holdings limited is coming with its IPO in April 2016. It is a small finance bank and will be first in its category to be listed on bourses. Price band for the IPO will be Rs.109 to Rs.110.It will fetch around Rs 2200 Crores for the prompters.Out of foreign investors Sequoia Capital, World Bank arm International Finance Corp., Dutch development finance institution FMO, Helion Venture Partners, Aavishkaar, India Financial Inclusion Fund, Westbridge Ventures, Lumen Investment Holdings and Aquarius Investments will also dilute their stake in the company via IPO.
| Issuer | Equitas Holdings Limited |
| Offer Period | Offer Opens : Tuesday, April 05, 2016
Offer Closes : Thursday, April 07, 2016 |
| Price Band | Rs.109 – Rs. 110 |
| Bid Lot | 135 Shares and in multiples thereafter |
| Issue Size at Lower Band | Fresh Issue of Rs.720 Crores and offer for sales up to 132,425,884 Equity Shares of which Employee reservation portion up to 250,000 Equity Shares |
| QIB | 50% of the Offer |
| NIB | 15% of the Offer |
| Retail | 35% of the Offer |
| Mode of Payment | ASBA Mandatory ( No Cheque will be accepted) |
| Registrar | Karvy Computershare Private Limited |
| Listing | NSE and BSE |
