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Equitas Small Finance Bank IPO: 10 key things to know about the issue

This would be the third small finance bank to come out with IPO after AU Small Finance Bank and Ujjivan Small Finance Bank.

October 20, 2020 / 04:01 PM IST

Equitas Small Finance Bank, the wholly-owned subsidiary of NBFC Equitas Holdings, will open its initial public offering (IPO) on October 20.

The anchor investors' book will open for a day on October 19 while the issue will close on October 22.

This would be the third small finance bank to come out with IPO after AU Small Finance Bank and Ujjivan Small Finance Bank.

JM Financial, Edelweiss Financial Services and IIFL Securities are the book running lead managers to the issue.