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The public offer was subscribed by a massive 73 times at close on strong demand from institutional investors. The QIB category was booked 173 times.ESAF Small Finance Bank has a focus on unbanked and under-banked customer segments, especially in rural and semi-urban areas. The AUM grew from Rs 8,426 crore to Rs 16,320 crore from FY21-23, registering a CAGR of 39.22%, the highest CAGR among peers. ....
The qualified institutional buyer (QIB) portion was subscribed 44.73 times, the non-institutional investors portion was subscribed 48.34 times, while the retail investor portion was subscribed 9.29 times. The offer also included a reservation for a subscription by eligible employees which was subscribed two times. ....