IPO Date: 7 Feb - 9 Feb 2024
Listing Date: 14 Feb 2024
Price Range
₹393 to ₹414 per share
Issue Size
570 Cr
Min Investment
₹14,148
Lot Size
36 Shares
Issue open date
7 Feb 2024
Issue close date
9 Feb 2024
UPI mandate deadline
9 Feb 2024 (5 PM)
Allotment finalization
12 Feb 2024
Share credit
13 Feb 2024
Listing date
14 Feb 2024
Mandate end date
24 Feb 2024
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 570 Cr |
| Fresh Issue | 0 Cr |
| Offer for Sale | 0 Cr |
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 12 Feb 2024 |
| Allotment Link | {Link} |
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 14 Feb 2024 | ₹414 | ₹16 | ₹430 (3.86%) |
| 13 Feb 2024 | ₹414 | ₹16 | ₹430 (3.86%) |
| 12 Feb 2024 | ₹414 | ₹30 | ₹444 (7.25%) |
| 11 Feb 2024 | ₹414 | ₹37 | ₹451 (8.94%) |
| 10 Feb 2024 | ₹414 | ₹42 | ₹456 (10.14%) |
| 9 Feb 2024 | ₹414 | ₹42 | ₹456 (10.14%) |
| 8 Feb 2024 | ₹414 | ₹59 | ₹473 (14.25%) |
| 7 Feb 2024 | ₹414 | ₹55 | ₹469 (13.29%) |
| 6 Feb 2024 | ₹414 | ₹66 | ₹480 (15.94%) |
| 5 Feb 2024 | ₹414 | ₹80 | ₹494 (19.32%) |
| 4 Feb 2024 | ₹414 | ₹108 | ₹522 (26.09%) |
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹393 to ₹414 per share | ₹ 1938 (-11.07%) | ₹ 465.35 | 12.40% |
Incorporated in July 2006, Jana Small Finance Bank Limited is a non-banking finance company primarily engaged in providing MSME loans, affordable housing loans, term loans to NBFC, loans against fixed deposits, two-wheeler loans and gold loans.
| Founded in | 2006 |
| Managing director | |
| Parent organization |
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 39.81 |
| Non-Institutional Investors (NIIs) | 26.13 |
| Retail Individual Investors (RIIs) | 5.7 |
| Employee | N/A |
| Total | 19.89 |