Mumbai: Capital Small Finance Bank Limited (the “Bank” or “Capital SFB”), shall open the initial public offering of its Equity Shares of face value ₹ 10 on Wednesday , February 7, 2024. (“Offer”) The Anchor Investor Bidding Date shall be Tuesday, February 6, 2024. The Offer will open on Wednesday, February 7, 2024 for subscription and will close on Friday, February 9, 2024, the bank said in a statement.

“The Price Band of the Offer has been fixed at ₹ 445 to ₹ 468 per Equity Share. Bids can be made for a minimum of 32 Equity Shares and in multiples of 32 Equity Shares thereafter. The initial public offering comprises a fresh issue of Equity Shares aggregating to ₹ 4,500 million [₹ 450 crore] (“Fresh Issue”) and an offer of sale of up to 1,561,329 Equity Shares by the Selling Shareholders (“Offer for Sale” and together with the Fresh Issue, the “Offer”),” said an offical statement.

As per an official statement, “The Equity Shares are being offered through the Red Herring Prospectus dated February 1, 2024 (“RHP”) filed with the Registrar of Companies, Punjab and Chandigarh at Chandigarh (“RoC”). The Equity Shares issued through the RHP are proposed to be listed on the Stock Exchanges being BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” together with BSE, the “Stock Exchanges”). For the purposes of the Offer, the designated stock exchange shall be BSE Limited.”

“Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited), DAM Capital Advisors Limited and Equirus Capital Private Limited are the Book Running Lead Managers to the Offer,” the company further said.