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As per PMLA Amendment, linking of Aadhaar with Demat/Trading account is mandatory. All the existing clients shall link their Aadhaar by 31st March 2018. In case the account is not linked within the aforesaid time limit, it will be blocked till Aadhaar Submission.
As per NSDL Circular No: NSDL/POLICY/2017/0022 dated 17th April 2017, all Individual and entity accounts opened from 1st July 2014 to 31st August 2015 has to submit Foreign Account Tax Compliance Act (FATCA) self-declaration (CLICK HERE TO DOWNLOAD ATTACHED FATCA) till 30th April 2017. All the Account Holders who have opened the Demat Account from the period 1st July 2014 to 31st August 2015 are informed to submit the FATCA self declaration to their nearest DP. In case self certification are not provided till 30th April 2017, the Accounts would be blocked.
As per SEBI Letter on collection of Email Ids and Bank Account Details and with Reference to NSDL Circular No: NSDL/POLICY/2017/0009 dated 28th February 2017, it has been observed that Email Ids, Bank Account Details, Mobile Number, SMS Alert of many existing clients are not linked to their Demat Accounts or updated with their latest Bank Account thereby forcing companies to issue printed cheques/warrants and non-receipt of SMS alerts to the client. It is requested to all existing Account Holders to contact their nearest DP for updation of mentioned details in their Demat Accounts.
All existing Individual Demat Account Holders are advised to submit Aadhaar number along with copy of Aadhaar Card to their nearest FSC's.
Equitas Small Finance Bank Ltd |
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Registered Office: 4th Floor Spencer Plaza Pha-II, No 769 Anna Salai (Mount Road), Chennai - 600002, Tamil Nadu |
Phone: 91-44-42995000 |
Email: cs@equitasbank.com |
Website: www.equitasbank.com |
Initial public offer of up to [*] equity shares of face value of Rs. 10 each (equity shares) of Equitas Small Finance Bank Limited (Bank or Issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) aggregating up to Rs. [*] crores (the offer) comprising of a fresh issue of up to [*] equity shares aggregating up to Rs. 280.00 crores (the fresh issue) and an offer for sale of up to 72,000,000 equity shares by Equitas Holdings Limited (the promoter selling shareholder, and such equity shares the offered shares) aggregating up to Rs. [*] crores (the offer for sale). The offer includes a reservation of up to [*] equity shares, aggregating up to Rs. 51.00 crores (constituting up to [*]% of the post-offer paid-up equity share capital), for subscription by eligible EHL shareholders (EHL shareholder reservation portion) and a reservation of up to [*] equity shares, aggregating up to Rs. 1.00 crores (constituting up to [*]% of the post-offer paid-up equity share capital), for subscription by eligible employees (the employee reservation portion). The offer less the EHL shareholder reservation portion and the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer shall constitute [*]% and [*]%, respectively, of the post-offer paid-up equity share capital of the Bank. Price Band: Rs. 32 to Rs. 33 per equity share of face value of Rs. 10 each. The Floor price is 3.2 times of the face value and the cap price is 3.3 times of the face value of the equity shares. |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
20-Oct-2020 | 22-Oct-2020 | ₹ 33.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 450 Further Multiples of : 450 | ||
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(₹)Cr. | Lead Managers to the Issue | |
Project Cost | 280.00 | Edelweiss Financial Services Ltd |
Project Financed through Current Offer | 517.60 | |
Post Issue Equity Share Capital | 1,138.25 | |
Issue Price | ₹33.00 |
Projects |
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To Augment the Bank's Tier-1 Capital Base to meet the Bank's future capital requirements |
Promoted By |
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Equitas Holdings Ltd |
Listing At |
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BSE |
NSE |
Registrar to the Issue |
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KFin Techologies Ltd |
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