Jana Small Finance Bank IPO Listing Highlights: Shares list at discount of 4.35%
Jana Small Finance Bank IPO Listing Highlights, Jana Small Finance Bank Share Price NSE, BSE: Jana Small Finance Bank made a weak debut on the bourses today i.e. February 14, 2024. The stock listed at Rs 396 on NSE and BSE, a discount of 4.35 per cent to its issue price of Rs 414.
Earlier, the IPO of Jana SFB received 18.50 times subscription on the last closing day and shares are expected to have a muted debut.
Follow Zee Business Blog for all the latest updates on Jana Small Finance Bank Share Price Listing on NSE, BSE:
Jana Small Finance Bank IPO Listing Highlights, Jana Small Finance Bank Share Price NSE, BSE: Jana Small Finance Bank made a weak debut on the bourses today i.e. February 14, 2024. The stock listed at Rs 396 on NSE and BSE, a discount of 4.35 per cent to its issue price of Rs 414.
Earlier, the IPO of Jana SFB received 18.50 times subscription on the last closing day and shares are expected to have a muted debut.
Follow Zee Business Blog for all the latest updates on Jana Small Finance Bank Share Price Listing on NSE, BSE:
Latest Updates
Jana Small Finance Bank IPO Listing LIVE, Jana SFB Share Price NSE, BSE: Price settles at 4.35% discount to issue price in pre-open market
In the pre-opening session, Jana Small Finance Bank shares settled at Rs 396 on the NSE and BSE, a discount of 4.35 per cent to the issue price of Rs 414.
Jana Small Finance Bank IPO Listing LIVE, Jana SFB Share Price NSE, BSE: Primary share sale of Rs 462 crore
The Bengaluru-headquartered Jana Small Finance Bank's issue consists of a primary share sale of Rs 462 crore at the upper end of the price band and the remaining Rs 108 crore as an offer for sale.
Jana Small Finance Bank IPO Listing LIVE, Jana SFB Share Price NSE, BSE: Check Stoploss by Anil Singhvi
According to Zee Business Managing Editor Anil Singhvi, long-term can hold and short-term investors should keep a stoploss of Rs 414.
Jana Small Finance Bank IPO Listing LIVE, Jana SFB Share Price NSE, BSE: Check Anil Singhvi's View
According to Zee Business Managing Editor Anil Singhvi, the listing is likely to be in the range of Rs 425-435 - against the issue price of Rs 414.
Jana Small Finance Bank IPO Listing LIVE, Jana SFB Share Price NSE, BSE: RIIs received 5.46 times subscription
The Retail Individual Investors (RIIs) part received 5.46 times subscription.
Jana Small Finance Bank IPO Listing LIVE, Jana SFB Share Price NSE, BSE: QIBs fetched 38.75 times subscription
The portion for Qualified Institutional Buyers (QIBs) fetched 38.75 times subscription while the category for non-institutional investors got subscribed 25.05 times.
Jana Small Finance Bank IPO Listing LIVE, Jana SFB Share Price NSE, BSE: Company is backed by TPG and Morgan Stanley
Private equity majors TPG and Morgan Stanley-backed company's IPO received bids for 18,71,96,580 shares as against 1,01,16,284 shares on offer, as per NSE data.