In this article, we are going to talk about the ESAF Small Finance Bank IPO listing date. Today is the listing date of the ESAF Small Finance Bank IPO. Now regarding GMP experts have signals which are very strong debut of shares. Today, the ESAF Small Finance Bank IPO GMP is ₹20. The listing date of the initial public offering was officially fixed for 10th November 2023, Friday which means today. On this Bombay Stock Exchange (BSE) has said that effective from today the equity shares of ESAF Small Finance Bank Limited should be listed and also should be admitted so that it can deal on Exchange in the list of group B of Securities. Now read this entire article to learn everything.
The ESAF Small Finance bank IPO listing date is 10th November 2023, Friday which means today. On this Bombay Stock Exchange has given a notice which went on to add that ESAF Small Finance Bank’s share price is going to be on the list on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in the pre-opening session at the time of Friday deals. The stock market experts have claimed that the ESAF Small Finance Bank IPO has received a very strong response from the investors because this time it has been subscribed 73.15 times in the three days of bidding from 3rd to 7th November 2023. Continue reading.
Stock Market has also said that the issue size is small and the last issue of the segment Ujjivan Small Finance Bank has doubled the investor’s money on the listing date. There are some strong ex[pectations that the listing gain from the IPO might be in the range of ₹72 to ₹77 per share and it has delivered 20 to 25% listing gain to allottees. Now we are expecting a very strong debut of ESAF Small Finance Bankshares. This statement has been stated by Avinash Gorakshare who is the head of Research at Profitmart Securities. Continue reading.
Avinash Gorakshkar has also said that the small size, strong fundamentals, and attractive valuations were the biggest reasons for the strong response by the investors. And the secondary market mood is conducive to the primary market. Because of that, there are some expectations of a strong debut of the ESAF Small Finance Bank IPO. If we look at ESAF Small Finance Bank IPO listing price prediction, Arjun Kejriwal the founder of Kejriwal Research and Investment Services has said that if we focus on the last IPO of the same segment the allotees will double. So there is a belief that shares are going to debut on Dalal Street in the 72 to ₹77 range.