Utkarsh, which closed FY25 with a net profit of Rs 24 crore, slipped into losses in the Q1 FY26. ESAF’s losses widened in FY25 and it also posted a loss in Q1
Equitas Small Finance Bank's asset quality worsened, with overall net slippage rising from 2.38% in Q1 FY25 to 4.35% in Q1 FY26.
Stocks to Watch, 7 July: Stocks like IndusInd Bank, Bank of India, Godrej Consumer Products, Dabur India, Senco Gold, Rail Vikas Nigam, Hazoor Multi Projects, BEML, Mahindra Lifespace Developers, Shilpa Medicare, and Tata Steel will be in focus on July 7.
Stocks to watch, 1 July: Stocks like CG Power and Industrial Solutions, Kalpataru Projects International, KSB, NCC, Bharat Electronics, HCL Technologies, Hindustan Copper, Kalpataru, Globe Civil Projects, and Ellenbarrie Industrial Gases will be in focus on July 1.
Shares of ESAF Small Finance Bank jumped 11 percent after it announced plans to sell Rs 735 crore worth of bad loans to an ARC
Stocks to Watch, 19 June: Stocks like Siemens Energy India, HDFC Bank, Aavas Financiers, Vodafone Idea, Kirloskar Brothers, Andhra Paper, Hero MotoCorp, Aegis Logistics, Aegis Vopak Terminals, Zydus Lifesciences, Tata Elxsi, Abbott India, ESAF Small Finance Bank, and Inventurus Knowledge Solutions will be in focus on June 19.
Stocks to Watch, 3 Apr: Stocks like South Indian Bank, ESAF Small Finance Bank, Hindustan Zinc, Punjab & Sind Bank, Central Bank of India, Elpro International, Authum Investment & Infrastructure, Reliance Industries, Caplin Point Laboratories, Hindustan Copper, Fortis Healthcare, and Identixweb will be in focus on April 3.
Stocks to Watch, Mar 19: Stocks like ESAF Small Finance Bank, Granules India, Westlife Foodworld, Strides Pharma Science, TVS Supply Chain Solutions, Dr Reddys Laboratories, TD Power Systems, Larsen & Toubro, Zen Technologies, Brookfield India Real Estate Trust REIT, and Jyoti Structures will be in focus on March 19.
As many as 3–4 small finance banks may be required to raise capital in the next 6–12 months owing to asset quality issues plaguing the micro lenders, sources familiar with the development have said.
Stocks To Watch Today, Jan 6: Stocks like Indian Bank, ESAF Small Finance Bank, Equitas Small Finance Bank, Ujjivan Small Finance Bank, Union Bank of India, IDBI Bank, Adani Wilmar, Vedanta, L&T Finance, Mahindra & Mahindra Financial Services, UCO Bank, Marico, ICICI Bank, and JSW Infrastructure will be in focus on January 6.
L&T Finance, Network18 Media and Investments, TV18 Broadcast, Alok Industries, and KEC International will also be in focus on Thursday.
ESAF Small Finance Bank, IDBI Bank,RBL Bank, Poonawalla Fincorp, Go Digit General Insurance, Raymond, Mahindra Lifespace Developers, CG Power & Industrial Solutions, and BGR Energy Systems will also be in focus on Friday.
Also known as AD Cat I Banks, these lenders have an RBI licence to buy and sell foreign exchange for specified purposes
However, the bank will have to add an additional risk weightage to its NBFC book, said KP Thomas.
ESAF Small Finance Bank stock listed at a 19.8% premium over the IPO price of Rs 60 per share
Ahead of the listing, the shares were trading at a 26% premium in the grey market
ESAF Small Finance Bank stock is expected to open somewhere between Rs 75-80 against the IPO price of Rs 60
The allotment of ESAF Small Finance Banks shares is expected to be finalised by November 9 and stock may list on NSE and BSE on November 10
ESAF Small Finance Bank IPO | The bank is expected finalise the basis of allotment of IPO shares and transfer of shares to eligible investors by November 9, while the trading in equity shares is expected to commence with effect from November 10, sources told Moneycontrol.
ESAF Small Finance Bank IPO | The high networth individuals have bought 20.16 times the allotted quota and the portion set aside for retail investors was subscribed 7.88 times
Mamaearth's parent company, Honasa Consumer, and Cello World concluded their public issues this week
ESAF Small Finance Bank IPO | The Kerala-headquartered small finance bank aims to mobilise Rs 463 crore via maiden public issue, comprising a fresh issue of Rs 390.70 crore worth shares and an offer-for-sale (OFS) of Rs 72.30 crore shares by promoter and investors
Geojit has come out with its report on ESAF Small Finance Bank. The research firm has recommended to “ Subscribe ” the ipo in its research report as on November 02 2023.
Several analysts have assigned a ‘Subscribe’ rating to the ESAF Small Finance Bank's IPO
ESAF Small Finance Bank IPO: The IPO will open on November 3 and the closing date will be November 7.