Suryoday Small Finance Bank IPO Closed

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Date 17 Mar 2021 – 19 Mar 2021
Price range 303 – 305
Minimum order quantity 49
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Suryoday Small Finance Bank Limited is amongst the leading SFBs in India. It started operations as a Small Finance Bank in 2017 and as of December 31, 2020, SSFB operates 554 Banking Outlets including 153 unbanked rural centres, promoting financial inclusion.

The SFB offers a variety of products and services such as commercial vehicle and affordable housing loans, along with loans to MSE (Micro and Small Enterprise) and SME (Small and Medium Enterprise). 

Check out the recent financials of the bank below:

Financial Year Ended Revenue (₹ crores) PAT (₹ crores) EPS (₹)
March 2018 324.93 11.49 1.76
March 2019 597.03 90.4 13.35
March 2020 854.14 111.2 13.41
Nine months ended December 31 2019 626.36 126.68 15.49
Nine months ended December 31, 2020 689.27 54.87 6.19

You can visit this link on TradingQ&A to discuss the IPO with fellow investors.

How do I apply for the Suryoday SFB IPO on Zerodha?

You can apply for the Suryoday SFB IPO using any supported UPI app by following two steps:
  • Enter your bid on Console
  • Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.