Suryoday Small Finance Bank Limited which had tapped the capital markets with its fresh issue of 190.93 lac shares comprising of a fresh issue of 81.50 lac shares and 109.43 lac shares through an offer for sale was subscribed 2.37 times. The QIB portion was subscribed 2.18 times, HNI portion was subscribed 1.31 times, Retail was subscribed 3.09 times and Employee Quota was subscribed 0.34 times. There were 3.44 lac applications and on basis of lots the retail portion was subscribed 2.60 times.

Earlier the company had allotted 55,77,920 equity shares to 13 anchor investors. The largest allocation was made to Axis Mutual Fund and ICICI Prudential Life Insurance Company Limited of an identical 7,38,283 shares or 13.24% of the anchor allocation.

The price band is Rs 303-305. The issue had opened on Wednesday the 17th of March and closed on Friday the 19th of March.

Full details of the subscription are given below: –