Bangalore head quartered Jana Small Finance Bank (JSFB) IPO listing opened today on 14th February 2024. The bank’s shares listed on both BSE & NSE. Jana Bank shares were listed at a discount of over 4% to it’s IPO price at Rs. 396/- per equity share against offer price of Rs. 414/-.
There IPO size was of Rs. 570 crore, which consisted fresh issue of 1.11 crore shares of value of Rs. 462 crore and offer for sale (OFS) of over 0.26 crore shares of value Rs. 108 crore. The IPO was subscribed 19.8 times.