Capital Small Finance Bank IPO: Anchor investors buy Rs 157 cr worth shares
Tue, Feb 6, 2024 8:34 PM

Capital Small Finance Bank IPO: Anchor investors buy Rs 157 cr worth shares

A Flip by Shubhangi Gupta
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Capital Small Finance Bank, based in Jalandhar, raised Rs 156.92 crore through its anchor book and is now offering an IPO worth Rs 523 crore. The IPO was opened for subscription on February 7 and will close on February 9. The bank allocated 33,53,013 equity shares to institutional investors at a price of Rs 468 per share. It plans to use the proceeds for increasing its capital base.

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