Stock Report

Equitas Small Finance Bank announces the completion of its QIP



Posted On : 2022-02-18 20:44:11( TIMEZONE : IST )

Equitas Small Finance Bank announces the completion of its QIP

Equitas Small Finance Bank Limited has announced the closure of Qualified institutions placement (QIP) of equity shares of face value Rs. 10 each (the "Equity Shares") today i.e., February 18, 2022.

Key Highlights:

  • Issue price of Rs.53.59 per Equity Share (including a premium of Rs. 43.59 per Equity Share)
  • Discount of 4.98% (i.e. Rs. 2.81 per Equity Share) to the floor price of Rs.56.40 per equity share
  • Approved and adopted the placement document dated February 18, 2022.

Shares of Equitas Small Finance Bank Limited was last trading in BSE at Rs. 53.45 as compared to the previous close of Rs. 53.65. The total number of shares traded during the day was 10024 in over 223 trades.

The stock hit an intraday high of Rs. 53.55 and intraday low of 52.90. The net turnover during the day was Rs. 532796.00.

Source : Equity Bulls

Keywords

EquitasSmallFinanceBank INE063P01018 EQUITASBNK QIP FundRaising Closure IssuePrice