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Suryoday Small Finance Bank IPO: For high-risk investors - The Hindu BusinessLine

Keerthi Sanagasetti BL Research Bureau | Updated on March 16, 2021 ร— The bank is valued at 1.96 times its book value per share as on December 31, 2020 Investors with a high risk appetite and a long-term perspective can consider subscribing to the Suryoday Small Finance Bank IPO. The bankโ€™s high exposure to the micro-finance segment (about 70 per cent of loan book) and its proformagross NPA of 9.8 per cent as of December 2020 is a concern. But comfortable capital adequacy (even before the IP...
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