Fincare Small Finance Bank IPO Date 2021, Price, Review, Form, Lot Size & Allotment Details

Who does not love money, and then if even more money is made by investing money somewhere, then you will also know how good it will be. In the same way, many big and small companies also keep investing in the same way, and at the same time many ways are brought to invest in them, one of them is IPO. Fincare Small Finance Bank has received approval from capital markets regulator SEBI to raise Rs 1,330 crore through Initial Public Offer.

It will include issue of fresh shares worth Rs 330 crore and an offer for sale of up to Rs 1,000 crore from promoter Fincare Business Services Ltd. Fincare Small Finance Bank had submitted the documents with SEBI and got the approval and the bank will use the funds from this to increase its Tier 1 capital.

Fincare Small Finance Bank IPO Date

Bengaluru-headquartered Fincare Small Finance Bank had filed a draft red herring prospectus for initial public offer or IPO with the stock market regulator Securities and Exchange Board of India (SEBI) to raise Rs 1,330 crore.

Fincare Small Finance Bank wants to get listed on the stock market, so it has started the process of bringing an IPO. Fincare is trying to bring into the banking business those people who are not yet involved in the banking business and especially the focus of FSFB is on rural and urban areas.

Under the Reserve Bank of India’s final approval terms and Small Finance Bank guidelines, it has to list its equity shares on stock exchanges within three years of achieving a net worth of Rs 500 crore.This Fincare Small Finance Bank based out in Bangalore started business four years ago and worked as a microfinance institution before it was converted into a small finance bank.

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Are you planning to invest in IPO of Fincare Small Finance Bank? So get ready, because the Fincare Small Finance Bank IPO is about to listing soon. So, if you want to invest in Fincare Small Finance Bank IPO, then you need to have complete knowledge about it.

Fincare Small Finance Bank IPO Date 2021, Price, Review, Form, Lot Size & Allotment Details

FSFB IPO 2021 Review, Price, Form, Lot Size

Company NameFincare Small Finance Bank
Subscription Datesavailable soon
Price Bandavailable soon
Offer For Saleavailable soon
Fresh issueavailable soon
Total IPO sizeavailable soon
Minimum bid (lot size)available soon
Face Valueavailable soon
Retail Allocationavailable soon
Listing OnNSE, BSE

Fincare Small Finance Bank IPO Allotment Details 2021

The IPO stands for Initial Public Offering, when a company issues its common stock or shares to the public for the first time, then it is called IPO and this IPO is issued by limited companies so that they can get listed on the stock exchange. After listing on the stock exchange, the shares of the company can be bought in the stock market.

In IPO, when a company issues its common stock or shares to the public for the first time, it is called IPO (Initial Public Offering). Soon you will get all the details related to the Fincare Small Finance Bank IPO Allotment Details 2021 so guys stay tuned.

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FSFB IPO 2021- FAQs

Is it possible to apply for the Fincare Small Finance Bank IPO using a minor persons account?

No, you cannot apply for the Fincare Small Finance Bank IPO using a minor persons account.

Can a person apply for more than one bid for IPO of FSFB?

No, it is not possible to submit more than one bid for IPO of FSFB against one PAN number, as per the current regulations.

What is the actual date for the listing of Fincare Small Finance Bank IPO?

As of now we do not have the actual date for the listing of Fincare Small Finance Bank IPO

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