Suryoday Small Finance Bank Receives SEBI Nod To Launch IPO Suryoday Small Finance Bank Receives SEBI Nod To Launch IPO The IPO will comprise of a fresh issue of 1,15,95,000 shares and an offer for sale of up to 84,66,796 shares by the existing shareholders, according to draft papers filed with SEBI
Updated: December 29, 2020 1:30 pm IST
he small lender s shares are likely to be listed on both, the BSE Sensex and NSE Nifty
Suryoday Small Finance Bank has received the go-ahead from the markets regulator Securities and Exchanges Board of India (SEBI) to float its initial public offering (IPO). The small lender s shares are likely to be listed on both, the BSE Sensex and NSE Nifty, joining its listed peers Ujjivan SFB, AU Small Finance Bank and Equitas SFB.