Jana SFB IPO is a book-built issuance worth Rs 570.00 crore. The offering consists of a fresh issue of 1.12 crore shares valued at Rs 462.00 crores and an offer for sale of 0.26 crore shares valued at Rs 108.00 crores.
Jana SFB’s initial public offering (IPO) will begin on February 7, 2024 and end on February 9, 2024. The allotment for the Jana SFB IPO is expected to be completed on Monday, February 12, 2024. Jana SFB IPO will float on the BSE and NSE, with a tentative listing date of Wednesday, February 14, 2024.
The Jana SFB IPO price band is ₹393-414 per share. The minimum lot size for an application is 36 shares. The minimum investment for retail investors is ₹14,904. The minimum lot size investment for sNII is 14 lots (504 shares) for ₹208,656, while for bNII, it is 68 lots (2,448 shares) worth ₹1,013,472.
Jana SFB IPO Details
| IPO Date | February 7, 2024 to February 9, 2024 |
| Listing Date | [.] |
| Face Value | Rs 10 per share |
| Price Band | Rs 393 to Rs 414 per share |
| Lot Size | 36 Shares |
| Total Issue Size | 13,768,049 shares (aggregating up to Rs 570.00 Cr) |
| Fresh Issue | 11,159,420 shares (aggregating up to Rs 462.00 Cr) |
| Offer for Sale | 2,608,629 shares of Rs 10 (aggregating up to Rs 108.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 93,430,855 |
| Share holding post issue | 104,590,275 |
Jana SFB IPO Timeline
| IPO Open Date | Wednesday, February 7, 2024 |
| IPO Close Date | Friday, February 9, 2024 |
| Basis of Allotment | Monday, February 12, 2024 |
| Initiation of Refunds | Tuesday, February 13, 2024 |
| Credit of Shares to Demat | Tuesday, February 13, 2024 |
| Listing Date | Wednesday, February 14, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 9, 2024 |
Jana SFB IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 36 | Rs 14,904 |
| Retail (Max) | 13 | 468 | Rs 193,752 |
| S-HNI (Min) | 14 | 504 | Rs 208,656 |
| S-HNI (Max) | 67 | 2,412 | Rs 998,568 |
| B-HNI (Min) | 68 | 2,448 | Rs 1,013,472 |
