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ESAF Small Finance Bank sold its IPO in the range of Rs 57-60 per shares with a lot size of 250 shares, which was open for bidding between November 3-7.
The bank has a focus on unbanked and under-banked customer segments especially in the rural and semi-urban centres. In terms of assets under management, ESAF was the fifth-largest small finance bank as of June 30. - Our Bureau
ESAF Small Finance Bank was incorporated in 1992, which majorly focuses on providing loans to rural and semi-urban customers, providing financial solutions.