India's Equitas Small Finance Bank lists at 6% below issue price

India's Equitas Small Finance Bank lists at 6% below issue price

Visual from Equitas website

Shares of Equitas Small Finance Bank made a tepid stock markets debut on Monday. The stock listed at 31.10, a discount of 5.7% over its issue price of 33 a piece. The initial public offering (IPO), to raise 518 crore, was subscribed 1.95 times during the 20-22 October share sale.

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