Jana Small Finance Bank (Subscribe)
Highlights: Issue Size –: 13,768,049 sharesIssue Open/Close – 07 Feb / 09 Feb, 2024Price Band (Rs.) 393 – 414Issue Size (Rs.) – 5,700 mnFace Value (Rs) 10Lot Size (shares) 36 Jana Small Finance Bank Limited (JSFBL) was incorporated in 2006, registered as a non-banking finance company (NBFC) on March 4, 2008, and was awarded non-banking finance company-microfinance...
Muthoot Microfin Limited (Subscribe)
Highlights Issue Size –: 32,989,690 sharesIssue Open/Close – 18 Dec / 20 Dec, 2023Price Band (Rs.) 277 – 291Issue Size (Rs.) – 9,600 mnFace Value (Rs) 10Lot Size (shares) 51 Muthoot Microfin Limited (MML) is a part of Muthoot Pappachan Group, a business conglomerate with presence across financial services, automotive, hospitality, real estate, information technology infrastructure,...
Fedbank Financial Services Ltd. (Avoid)
Highlights Issue Size –: 78,073,810 sharesIssue Open/Close – 22 Nov / 24 Nov, 2023Price Band (Rs.) 133 – 140Issue Size (Rs.) – 10,922 mnFace Value (Rs) 10Lot Size (shares) 107 Fedbank Financial Services Limited (Fedfina) incorporated on 1995 which is promoted by the Federal Bank Limited is a retail focused non-banking finance company (NBFC) that caters MSMEs and the emerging...
Daily Market Analysis – 25th May 2021 (Growth)
SBI’s corp loan book hints at a change in market growth dynamics- India’s largest lender, State Bank of India, posted a total corporate credit growth of 2.6% in FY21, including loans and debt investments such as bonds and commercial papers; however, if only loans are considered, SBI’s corporate book contracted 3%. Indian banks are realizing that to be able to see any...
