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Capital Small Finance Bank IPO

Small Finance Bank - Listed on 14 February 2024

-8.1% listing gain
Issue Price (Upper)
Rs 468
Listing Price
Rs 430.25
Closing Price (NSE)
Rs 435
Total Subscription
4.00x

Capital Small Finance Bank IPO listing summary

Capital Small Finance Bank (Small Finance Bank) closed its IPO window in 2024 and listed on NSE and BSE on 14 February 2024 at an upper band issue price of Rs 468, opening at Rs 430.25 for a listing gain of -8.1% and closing day one at Rs 435 (-7.1% on closing basis). The IPO was subscribed 4.00x overall - QIB 6.64x, HNI/NII 4.05x, Retail 2.49x. The total issue size was Rs 523.07 Cr (Fresh Issue Rs 450 Cr, OFS Rs 73.07 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
-8.07%
Listing Gain (Close)
-7.05%
Day Change After Listing
+1.01%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB6.64x
HNI / NII4.05x
Retail2.49x
Overall4.00x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.50x
Day 21.19x
Day 3 (Final)4.00x

Capital Small Finance Bank IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 50+1.50%
Day 2Rs 50+2.14%
Day 3Rs 45+4.27%
Day 4Rs 40+7.48%
Day 5Rs 35+8.55%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
1.5%-8.5%
IPOGyani AI Prediction
-
Actual Listing Gain
-8.1%

Issue & financials

Issue SizeRs 523.07 Cr
Fresh IssueRs 450 Cr
OFSRs 73.07 Cr
IPO PE17.20
Peer / Sector PE26.17
PE vs Sector Ratio0.66
Latest EBITDA (Cr)19.96
Debt / Equity0.57

Market context at listing

How the broader market moved around the Capital Small Finance Bank IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return+1.07%
Nifty 1W Return+1.89%
Nifty 1M Return+1.25%
Nifty during IPO window-0.96%

Capital Small Finance Bank IPO - FAQs

What was the listing gain of Capital Small Finance Bank IPO?

Capital Small Finance Bank IPO listed at -8.1% versus the upper issue price of Rs 468 on 14 February 2024.

How many times was Capital Small Finance Bank IPO subscribed?

Capital Small Finance Bank IPO was subscribed 4.00x overall. QIB portion was subscribed 6.64x, HNI / NII 4.05x and Retail 2.49x.

What was the IPO GMP for Capital Small Finance Bank?

IPO GMP started at Rs 50 on Day 1 and moved to Rs 35 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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