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ESAF SMALL FINANCE BANK LIMITED
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ESAF SMALL FINANCE BANK LIMITED
Sector Focus
Banking
Highest Credit Rating
A (Stable) by CARE RATINGS LIMITED
Apr 04, 2024
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Yield
11.2954% XIRR
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Coupon
11.0000 % p.a
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Rating
A (Stable)
ISIN
ISIN
INE818W08123
maturity
Maturity Date
20 Apr, 2030
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Key Strengths
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
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Note:
The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times. Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government).
Note: The listing of products above should not be considered an endorsement or recommendation to invest. Please use your own discretion before you transact. The listed products and their price or yield are subject to availability and market cutoff times. Pursuant to the provisions of Section 193 of Income Tax Act, 1961, as amended, with effect from, 1st April 2023, TDS will be deducted @ 10% on any interest payable on any security issued by a company (i.e. securities other than securities issued by the Central Government or a State Government).
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CIN: U67100MH2008PTC178990 |
SEBI Registration No.: INZ000311637 |
NSE Member ID - Debt Segment: 90316 |
BSE Member ID - Debt Segment: 6811
Registered Address: 605, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz - (East), Mumbai – 400 098.
© 2020-2022 India Bond Pvt Ltd.

Disclaimer : Investments in debt securities/ municipal debt securities/ securitised debt instruments are subject to risks including delay and/ or default in payment. Read all the offer related documents carefully.