Equitas Small Finance Bank ltd has approved sale of 4,74,58,239 equity shares of Rs 10 each at a price of Rs 52.68 per equity share aggregating to Rs 250 crore, by private placement to investors. Shall amount to a stake of 4.51% in the post issue share capital of the Bank. Grey Market activity taking place near about 24-25 now. IPO is expected in mid Jan 2020.
The date is not yet announced, you have change to add SBI shares to participate in SBI Cards Shareholders quota. Usually, the record date is the date when RPH files.
2.2.AMIT KUMAR GUPTADec 06 2019 09:28:08 AM
As per page no-56 and 404 DRHP, the cutoff date for the Shareholder category is the date of submission of Red Hearing Prospectus. This has changed recently after the Ujjivan IPO response. Going f/w, this will be a standard practice.
The cutoff date for the Shareholder category is the date of submission of Red Hearing Prospectus. Still, RHP is not filed, you can buy SBI shares to participate in Shareholder Quoya - 100% eligible.