ESAF Small Finance Bank IPO GMP / Grey Market Premium, Kostak Rates & SS Today
Last Updated Date: Nov 09, 2023ESAF Small Finance Bank is about to release its IPO on November 3, 2023. The issue is closing on November 7, 2023 and is currently having an active grey market.
The ESAF Small Finance Bank IPO GMP is running at a stable rate as per the current situation.
In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.
However, the QIB and the HNI numbers are the key indicators of GMP in case of ESAF Small Finance Bank IPO. The company is intended to raise Rs 463.00 Cr by the released issue.
ESAF Small Finance Bank IPO GMP Rates, Kotak rates & SS
This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue.
You can check this table related to know the IPO size, price band along with listing details and more.
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda (in INR) |
| 09 Nov 2023 | Rs 20 | NA | NA |
| 08 Nov 2023 | Rs 20 | NA | NA |
| 07 Nov 2023 | Rs 20 | NA | NA |
| 06 Nov 2023 | Rs 20 | NA | NA |
| 05 Nov 2023 | Rs 20 | NA | NA |
| 03 Nov 2023 | Rs 20 | NA | NA |
| 02 Nov 2023 | Rs 10 | NA | NA |
| 01 Nov 2023 | Rs 10 | NA | NA |
| 31 Oct 2023 | NA | NA | NA |
Check out Related IPO Links:
| Review ESAF Small Finance IPO |
| ESAF Small Finance IPO Bank IPO Allotment |
| LIVE Subscription – ESAF Small Finance IPO |
| ESAF Small Finance Share Price |
Open Free Demat Account Now!
ESAF Small Finance Bank IPO Date / Timetable
Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.
| IPO Opening Date | November 3, 2023 |
| IPO Closing Date | November 7, 2023 |
| Basis of Allotment Finalization | November 10, 2023 |
| Refunds Initiation | November 13, 2023 |
| Credit of Shares to Demat Account | November 15, 2023 |
| Share Listing Date | November 16, 2023 |
ESAF Small Finance Bank IPO – Financial Performance
The below given table will give you an overall idea of the company’s financial performance. Check their net profit and loss statement about ESAF Small Finance Bank IPO.
| Amount (in INR & Million) | |||||
| 30-Jun-23 | 30-Jun-22 | 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Assets | 2,07,959.41 | 1,81,041.01 | 2,02,236.57 | 1,77,075.64 | 1,23,386.52 |
| Revenue | 9,917.75 | 7,383.24 | 31,415.72 | 21,475.08 | 17,684.21 |
| Expense | 8,618.1 | 6,323.58 | 28,392.39 | 20,927.76 | 16,630.25 |
| Profit After Tax | 6,719.86 | 4,274.62 | 6,238.29 | 3,609.75 | 3,325.92 |
| Earnings per Equity Share (in Million) | |||||
| 30-Jun-23 | 30-Jun-22 | 31-Mar-23 | Mar-22 | 31-Mar-21 | |
| Basic & Diluted | 2.89 | 2.36 | 6.73 | 1.22 | 2.46 |
FAQs Related to ESAF Small Finance Bank IPO GMP
Check out FAQs on ESAF Small Finance Bank IPO Subscription here –
What is the current ESAF Small Finance Bank IPO GMP Price?
As on today, the ESAF Small Finance Bank IPO GMP is Rs 20 .
What is the current ESAF Small Finance Bank IPO Kostak Rate?
The Kostak rate is Rs NA for ESAF Small Finance Bank IPO.
What is today’s ESAF Small Finance Bank IPO Subject to Sauda Rate?
As on today, the ESAF Small Finance Bank IPO Subject to Sauda is Rs NA.
Where to Check ESAF Small Finance Bank IPO Allotment & Listing?
However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: https://top10stockbroker.com/ipo-allotment-status/
What is Kostak Price?
To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded for in the grey market.
Is GREY market buy or sell shares illegal?
Grey Market is basically a trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change any time. Hence, it is an unofficial trading and hence, not “illegal”.
Disclaimer:
The ESAF Small Finance Bank IPO GMP which is mentioned in the table. Here is only valid for specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing of the issue. They can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on IPO Grey market.
It is also requested that please do not subscribe for any IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the Fundamental of the companies.