IPO Details
Equitas Small Finance Bank Ltd.
4th Floor, Phase II, Spencer Plaza, No. 769, Mount Road, Anna SChennai (Madras), Tamil Nadu - 600002
Phone: 42995000

Public Issue of 156848483 Equity Shares of Rs. 10.00 each for Cash at a Premium of Rs. 23.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
20/10/202022/10/202033.00 -
Lead Managers Registrar Listed at
EDELWEISS FINANCIAL SERVICES LTD.
IIFL SECURITIES LIMITED
JM FINANCIAL LTD.
KFIN Technologies Pvt. Ltd.
Karvy Selenium, Tower B,
Plot No. 31 & 31, Gachibowli,, Financial District, Nanakramguda,
Ranga Reddy District, Telangana - 500032
Phone: 67162222 Fax: 23431551
BSE
NSE
Object of the issue

In terms of the RBI In-Principle Approval, RBI Final Approval and SFB Licensing Guidelines, the Bank is required to list its
Equity Shares on the Stock Exchanges within three years from the date of commencement of business by the Bank.

The Offer comprise of a Fresh Issue and an Offer for Sale.

Objects of the Fresh Issue

The Bank proposes to utilize the Net Proceeds from the Offer towards augmenting the Bank’s Tier I capital base to meet the
Bank’s future capital requirements.

Promoted by

EHL is the Promoter of the Bank. the Promoter currently holds an aggregate of 1,005,943,363 Equity Shares together
with its nominees, aggregating to 95.49% of the pre-Offer issued, subscribed and paid-up Equity Share capital of the
Bank.

Corporate Information

EHL, the Promoter is a listed company whose equity shares are listed on the Stock Exchanges. the Promoter was
incorporated as UPDB Micro Finance Private Limited on June 22, 2007 at Chennai as a private limited company under the Companies Act, 1956. Pursuant to a special resolution passed by the shareholders of the Promoter on December 17, 2007, the name of the Promoter was changed to Equitas Micro Finance India Private Limited, and a fresh certificate of incorporation was issued by the RoC on February 1, 2008. The microfinance business of the Promoter was demerged into Singhivi Investment and Finance Private Limited which was later renamed as Equitas Micro Finance Private Limited, pursuant to a demerger scheme approved by the Madras High Court, with effect from April, 1, 2011.

Subsequent to the demerger, the name of the Promoter was changed to Equitas Holdings Private Limited and a fresh
certificate of incorporation was issued by the RoC on February 29, 2012. Thereafter, vide an order dated December 3, 2012 issued by the RBI, the certificate of registration as a NBFC under Section 45 IA of the RBI Act granted to the Promoter was cancelled and the Promoter was designated as a Non Deposit Taking Systemically Important Core Investment Company. Thereafter, pursuant to a special resolution passed by the Shareholders on June 12, 2015, the Promoter was converted into a public limited company and the name was changed to Equitas Holdings Limited. The RoC issued a fresh certificate of incorporation consequent to change of name on June 18, 2015. The CIN of EHL is L65100TN2007PLC064069. The registered office of EHL is located at II Phase, 4th Floor, Spencer Plaza, No. 769, Mount Road, Anna Salai, Chennai 600 002.