Suryoday Small Finance Bank IPO subscription disappoints on Day 1, Investors look risk-averse
Suryoday Small Finance Bank IPO subscribed 0.42 times. The public issue subscribed 0.84 times in the retail category, 0.00 times in QIB, and 0.04 times in the NII category by Mar 17, 2021 5 pm. The Listing will happen on BSE & NSE. The Open Date will be on 17 Mar 2021 and Close Date is on 19 Mar 2021. The Price Band is Rs 303-305. The Market Lot is of 49 shares for Minimum Lot 1 and the multiple thereof
Suryoday Small Finance Bank incorporated on 10th November 2008, is among the leading SFBs in India in terms of net interest margins, return on assets, yields and deposit growth: Reuters