Jana Small Finance Bank Ltd IPO |
Registered Office:
The Fairway B.Park # 10/1 11/2,12/2B Nxt to EGL Challaghatta
,
Bangalore
-
560071
,
Karnataka
, India.
Phone :
+91 80 4602 0100 Fax:
Email : investor.grievance@janabank.com
Website : www.janabank.com
|
| Initial public offer of 13,768,049# equity shares of face value of (Rs)10 each ("Equity Shares") of Jana Small Finance Bank Limited ("Bank" or "Issuer") for cash at a price of (Rs)414 per equity share (including a share premium of (Rs)404 per equity share) aggregating to (Rs)570.00# crores ("Offer") comprising of a fresh issue of 11,159,420# equity shares aggregating to (Rs)462.00#* crores (the "Fresh Issue") and an offer for sale of 2,608,629# equity shares aggregating to (Rs)108# crores (the "Offer for Sale"), comprising 906,277# equity shares aggregating to (Rs)37.52# crores by Client Rosehill Limited, 929,656# equity shares aggregating to
(Rs)38.49# crores by cvcigp ii employee rosehill limited, 141,285# equity shares aggregating to (Rs)5.85# crores by global impact funds, s.c.a., sicar, sub-fund global financial inclusion fund, 413# equity shares aggregating to (Rs)0.02# crores by growth partnership ii Ajay Tandon co-investment trust, and 998# equity shares aggregating to (Rs)0.04# crores by growth partnership ii Siva Shankar co-investment trust, and 630,000# equity shares aggregating to (Rs)26.08# crores by Hero Enterprise Partner Ventures (the "Selling Shareholders" and such equity shares the "Offered Shares").
The offer included a reservation of 326,086# equity shares, aggregating to
(Rs)13.50# crores (constituting 0.31% of the post-offer paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constitute 13.16% and 12.85%, respectively, of the post-offer paid-up equity share capital of he bank. *The bank, in consultation with the brlms, undertook a private placement of (i) 12,154,044 ccps (which were subsequently converted into 401,149 equity shares) at an issue price of (Rs)10 each aggregating to (Rs)12.15 crores ("pre-ipo ccps placement"); and (ii) 2,439,607 equity shares at an issue price of (Rs)414 each (including a premium of (Rs)404 per equity share) aggregating to (Rs)101 crores ("pre-ipo equity placement", and together with pre-ipo ccps placement, the "pre-ipo placement"). The size of the fresh issue has been adjusted to (Rs)462.00 crores. The bank had intimated the subscribers to the pre-ipo placement that the bank is contemplating the offer and that there is no guarantee that the bank may proceed with the offer, or that the offer may be successful and will result into listing of the equity shares on the stock exchanges, and the investment is being done solely at their own risk.
#Subject to finalisation of basis of allotment
The face value of equity shares is (Rs)10 each. The offer price is 41.40 times the face value of the equity shares.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 07-Feb-24 |
09-Feb-24 |
(Rs)414.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :36 Further Multiples of :36 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
|
| Project Financed through Current Offer |
570.00 |
|
| Post Issue Equity Share Capital |
104.59 |
|
| Issue Price |
(Rs)414.00 |
|
|