Capital Small Finance Bank Expected to Announce Share Allotment Status on February 12
Jalandhar-based Capital Small Finance Bank Limited, a small finance bank focused on serving semi-urban and rural areas, is expected to announce the allotment status of its initial public offering (IPO) on Monday, February 12. The Capital Small Finance Bank IPO, which opened on February 7 and closed on February 9, saw strong demand, with the shares being subscribed 4 times. The IPO price band was set at ₹445 to ₹468 per share.
On the final day, the IPO received bids for 3.26 crore equity shares against 81.47 lakh shares on offer. The qualified institutional buyer portion was subscribed 6.64 times, while the non-institutional investors portion was subscribed 4.05 times. Retail investors also showed good participation, with the retail portion being subscribed 2.49 times.
The shares of Capital Small Finance Bank currently have a grey market premium (GMP) of ₹30 per share. GMP represents the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.
Here’s how to check the IPO’s allotment status:
To check the Capital Small Finance Bank IPO allotment status, visit the registrar’s website and follow these steps:
1. Click on ‘Select Company’
2. Select ‘Capital Small Finance Bank’
3. Enter your PAN, application number, DP / Client ID or Account number / IFSC
4. Enter the captcha
5. Click on submit
You will then be able to see your application status, including the number of shares that you have applied for and the number of shares that have been allotted to you.
Alternatively, you can also check the Capital Small Finance Bank IPO allotment status on the BSE and NSE websites. Simply go to the BSE website, click on ‘Equity’, select ‘Capital Small Finance Bank’ from the dropdown menu, and enter your application number and PAN. You can also log in to the NSE website to check your allotment status.
Capital Small Finance Bank IPO Listing Date:
The shares of Capital Small Finance Bank are expected to be listed on the stock exchanges on February 14.
Analyst comment
This news can be evaluated as positive. The Capital Small Finance Bank IPO received good subscription and is expected to announce its share allotment status on February 12. The shares are also commanding a grey market premium of ₹30 per share. As an analyst, it is expected that the market will react positively to the listing of the shares on February 14.
