Capital Small Finance Bank IPO GMP – Open and Close Date, Reservation, Lot Size

The IPO for Capital Small Finance Bank is scheduled to begin on February 7. The goal of Capital Small Finance Banks Mainline IPO is to raise ₹523 crores. The IPO pricing range for Capital Small Finance Bank is set at ₹445 to ₹468 for a market lot of 36 shares.

Capital Small Finance Bank IPO GMP

One of India’s top small finance banks is Capital Small Finance Bank, which was established as the nation’s first small finance bank. Their CASA ratio is 41.88%, which is the lowest among all banks, and they have a large percentage of retail deposits (5.12%). 

With more than 20 years of expertise, they target middle-class residents in semi-urban and rural regions with various financial solutions. They want to establish themselves as their customers’ go-to bank using digital, physical, and interpersonal networks.

The capital small finance bank’s initial public offering (IPO) is scheduled to begin on February 7 and end on February 9. With its IPO, Capital Small Finance Bank hopes to generate around ₹523.07 crores. 

It will do this by offering up to 1,561,329 common shares at a price of ₹10 apiece, in addition to a fresh ₹450 crores. 15% is the market quota, 50% is the QIB, and 35% is the HNI.

Capital Small Finance Bank IPO  Dates 

The dates of the IPO and closure for Capital Small Finance Bank are February 7 and February 9, respectively. Finalization of the Capital Small Finance Bank IPO allocation is scheduled for February 12, with the IPO listing following on February 14. The range of prices for a share is Rs. 445 to Rs. 468.

Anchor Investors Allotment February 6, 2024
IPO Open Date February 7, 2024
IPO Close Date February 9, 2024
Basis of Allotment: February 12, 2024
Refunds  February 13, 2024
Credit to Demat Account: February 13, 2024
IPO Listing Date February 14, 2024

Capital Small Finance Bank IPO Lot Size 

Bids can be placed for multiples of 32 shares, with a minimum bid of 32. The lowest and highest shares and amount of investments made by HNIs and retail investors are shown in the table below.

Applications  Lot size  Shares  Amounts 
Retail (Minimum) 1 32 ₹14,976
Retail (Maximum) 13 416 ₹194,688
S-HNI (Minimum) 14 448 ₹209,664
S-HNI (Maximum) 66 2112 ₹988,416
B-HNI (Minimum) 67 2,144 ₹1,003,392

Capital Small Finance Bank IPO Reservation

The below table shows the capital Small Finance Bank IPO for 2024.

Investor category  Offered shares 
QIB offered shares  Not more than 50% of the net issue 
Retail offered shares  Not less than 35% of the net issue 
NII(HNI) offered shares  Not less than 15% of the net issue 

How to apply for a Capital Small Finance Bank IPO? 

You can apply for the Capital Small Finance Bank IPO via ASBA online via your bank account. Additionally, you can apply online for ASBA through your stock dealers using UPI. 

You may also be applicable offline by completing the form provided by your stock traders. Here the step-by-step procedure to apply online is given.

  • Navigate to the website.
  • Log in to the Zerodha Website or in the Application. 
  • Go to the menu bar and Click on the IPO option. 
  • After clicking press the Capital Small Finance Bank option that appears on screen. 
  • Press the Bid Button. 
  • Enter your UPI ID, amount, and quantity. 
  • Hit the Submit button.

How to check the Allotment status of your capital Small Finance Bank IPO?

You will be able to check the status of capital Small Finance Bank IPO 2024 by following step-by-step procedure. 

  • Navigate to the  website. 
  • Put all the required information. 
  • Enter PAN in the blank space option. 
  • Hit the submit button. 

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