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Suryoday Small Finance Bank IPO opens off today: Should you subscribe?

Highlights Offers to raise an estimated Rs 3,764 crore. Shares of these companies will be listed on BSE and NSE. New Delhi: The IPO of Suryoday Small Finance Bank will open on Wednesday. The IPO comprises fresh issuance of 81,50,000 equity shares and an offer for sale of up to 1,09,43,070 equity shares by existing shareholders. The small finance bank has proposed to utilise proceeds from the fresh issue towards augmenting its Tier-1 capital base to meet future capital requirements. Suryoday Small Finance Bank on Tuesday raised a little over Rs 170 crore from anchor investors ahead of an initial share-sale, which will open for public subscription on Wednesday.

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Suryoday Small Finance Bank initial public offer subscribed 42% on day 1

Suryoday Small Finance Bank initial public offer subscribed 42% on day 1
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Suryoday SFB fixes IPO price band at Rs 303-305 per equity share

Suryoday SFB fixes IPO price band at Rs 303-305 per equity share
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Suryoday Small Finance Bank IPO to open on Mar 17; price band fixed at Rs 303-305/share

New Delhi, Mar 12: Suryoday Small Finance Bank on Friday set a price a band of Rs 303-305 a share for its initial share-sale, which will open for public

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