• Posted on: 5 April 2016
  • By: admin

First IPO of FY 2016-17 opens today till 7th April. 

Equitas Holdings Ltd (incorporated in 2007) is Chennai based financial services provider focused on individuals and micro and small enterprises (MSEs). Equitas offers services to low income groups and economically weaker individuals operating small businesses and MSEs with limited access to formal financing channels.

Equitas is one of the 10 companies that have been selected by the RBI to set up small finance banks, niche lenders aimed at helping small businesses and farmers get easier access to funding.

Equitas operates in 11 states, one union territory and the NCT of Delhi. As of June 30, 2015, Equitas had 520 branches across India.

Issue Detail:

 Open: Apr 5, 2016 - Apr 7, 2016 
 Face Value:
Rs. 10 
 Issue Size:
Rs. 2,175.00 Crore 
 Price Band: Rs. 109 - Rs. 110 Per Share 
 Market Lot: 135 Shares 
 Minimum Order Quantity:
135 Shares 
 Listing At:
BSE, NSE

  1. A fresh issue of equity shares aggregating up to Rs 720 Crore and An offer for sale of up to 130,825,886 equity shares. 

  2. For Investment Call: Harshad Mane 9967706150
Important this week