Capital Small Finance Bank IPO Allotment: Check online using PAN on BSE, Link Intime - Step-by-step guide

Capital Small Finance Bank IPO Allotment, Capital Small Finance Bank IPO Listing: The Initial Public Offer (IPO) of Capital Small Finance Bank was subscribed four times on the last day of the share sale. The share allotment of Capital Small Finance Bank is expected to be finalised by today end of the day. Those who have subscribed to the IPO can check the allotment status on the official website of the BSE. Alternatively, subscribers can visit the official website of the registrar i.e. Link Intime to check the status. 

Capital Small Finance Bank IPO Allotment Status on BSE

Here we have mentioned some easy steps to check Capital Small Finance Bank IPO's allotment status on the official website of the BSE. 

Step 1: Visit the official website of BSE and click on the 'Status of Issue Application' or use this direct link - https://www.bseindia.com/investors/appli_check.aspx.

Step 2:  Under the ‘Issue Type’ section, select ‘Equity’. 

Step 3: Select ‘Capital Small Finance Bank IPO’ from the dropdown menu.

Step 4: Enter details like application number or PAN number.

Step 5: Click on 'I am not a Robot' and submit.

Capital Small Finance Bank IPO allotment status: Check the status on Link Intime

Link Intime India Private Ltd is the official registrar for the initial public offering (IPO). Subscribers can check the allotment status on the official website of the registrar i.e. linkintime.co.in.

Step 1: Visit the official website of LINK INTIME or use this link - https://linkintime.co.in/mipo/ipoallotment.html.

Step 2: Click on any of the 5 available links on the page to view IPO Allotment Status.

Step 3: Select Capital Small Finance Bank IPO from the drop-down.

Step 4: Provide one of the details - Application No or Demat Account or PAN

Step 5: Provide Application Number. 

Step 6: Enter the captcha and click on Submit.

Capital Small Finance Bank IPO Listing Date

The equity shares of Capital Small Finance Bank are expected to be listed on February 14. 

Earlier, Zee Business Managing Editor Anil Singhvi advised investors to subscribe to this IPO for long-term gains and not for the listing gains. 

Capital Small Finance Bank fixed Rs 445-468 per share as the price band for its Rs 523-crore initial public offer.

The issue consists of Rs 450 crore of fresh issue and the remaining Rs 73 crore of offer for sale through which promoters and external investors will dilute 5 per cent of their pre-issue holdings.

The Jalandhar-based bank, which began operations in 2016 after converting itself from a local area bank, is 24 per cent owned by the promoter family led by Sarvjit Singh Sarma and his family.

It will utilise the proceeds from the fresh issue towards augmenting the tier-I capital base to meet its future capital requirements. As the bank continues to grow its loan portfolio and asset base, it expects to require additional capital.

The bank, which lends only against collateral, has good asset quality with a net bad loans ratio of 1.4. In FY23, its net profit stood at Rs 93 crore, which was Rs 53 crore in the first half of the current fiscal, Jain said.

The bank offers fully secured loans to MSMEs, mortgages and farmers.

With PTI Inputs