| Company Name | Jana Small Finance Bank Limited |
| Open Date | 07-02-2024 |
| Close Date | 09-02-2024 |
| Exchange | BSE, NSE |
| Lot Size | 36 Shares |
| Issue Price | ₹393 to ₹414 per share |
| Issue Size | 1,37,68,049 shares |
| Application Amount | ₹14,904 |
| Recommendation | Avoid |
Jana Small Finance Bank Limited was originally incorporated in the year 2006 and has its registered office in Challaghatta, Bengaluru, Karnataka. The company was awarded non-banking finance company-microfinance institution (“NBFC-MFI”) status on September 5, 2013. The company started operating as a Small Finance Bank with effect from March 28, 2018. The primary secured loan products are secured
business loans, microloans against property (“Micro LAP”), MSME loans, affordable housing loans, term loans to NBFC, loans against fixed deposits, twowheeler loans and gold loans. As of 30th September 2023, the bank has 20,355 employees on its payroll
| For the Period Ended | Mar-21 | Mar-22 | Mar-23 | Sept-23 |
| Total Assets | 19,078 | 20,188 | 25,643 | 28,105 |
| Net Assets | 1,114 | 1,200 | 1,797 | 2,568 |
| Total Borrowings | 4,815 | 4,509 | 6,277 | 5,313 |
| Total Revenue | 2,497 | 2,726 | 3,075 | 3,727 |
| Profit After Tax | 72 | 17 | 255 | 213 |
| Opening Date | 07/02/2024 |
| Closing Date | 09-02-2024 |
| Basis of Allotment | 12-02-2024 |
| Initiation of Refunds | 13-02-2024 |
| Credit of Shares to Demat | 13-02-2024 |
| Listing Date | 14-02-2024 |
| Augmentation of the Bank’s Tier-I capital base to meet the bank’s future capital requirements. |
| Issue Related Expenses. |
| Benefits of listing on stock exchange. |
| Registered Office | Jana Small Finance Bank Limited The Fairway Business Park, #10/1, 11/2, 12/2B, off Domlur, Koramangala Inner Ring Road, Next to EGL, Challaghatta, Bengaluru 560 071 |
| Phone | +91 80 4602 0100 |
| investor.grievance@janabank.com | |
| Website | https://www.janabank.com/ |
| Jana SFB IPO DRHP |
| Jana SFB IPO RHP |
| Name | Kfin Technologies Limited |
| Phone | 04067162222, 04079611000 |
| jana.ipo@kfintech.com | |
| Website | https://kosmic.kfintech.com/ipostatus/ |
| QIB | 2,688,392 (20.00%) |
| NII | 2,016,294 (15.00%) |
| RII | 4,704,687 (35.00%) |
| Anchor investor | 4,032,588 (30.00%) |
| Share Holding Pre Issue (Promoters) | 25.23% |
| Share Holding Post Issue (Promoters) | 22.54% |