Successful IPO Listing
ESAF listed on NSE & BSE in November 2023 with Issue price of rupees 60 per share, with Net proceeds from the Issue being 348.3 crore
Experienced management team
It is promoted by K Paul Thomas who holds 6.06% stake in ESAF SFB as on December 31, 2023. He has over 34 years of industry experience, of which more than 25 years are in the MFI sector. He is supported by experienced management team having rich experience in the banking and financial services sector
Strong Liability Franchise
Share of retail deposit is 90% & cost of borrowing is 7.30% as on 31 December 2023
Adequate Capitalisation
The Capital Adequacy Ratio (CRAR) stood at a healthy level of 21% as on December 31,2023
Rapid Asset Growth
Gross Advances have almost doubled to 17153 crores as on December 2023, from 8415 Crores in March 2021