Page 3 - Equitas Holdings
RBI issues Small Finance Bank licence to Equitas Holdings
New SFB would cost additional Rs 100 crore a year, but benefit will be through reduction in cost of funds, says MD
 "RBI issues Small Finance Bank licence to Equitas Holdings")
Equitas Holdings PAT up 28%
Growth during the year has been led by healthy disbursements in key focus asset products.
 "Equitas Holdings PAT up 28%")
Equitas Holdings net profit at Rs 97 crore
The total income grew to Rs 19.71 cr
After successful IPO, Equitas submits application for banking licence
The Chennai-based microfinance company went for an Rs 2,170-cr IPO earlier this month
On its first day, Equitas stock settles 23% above listing price
Licence holder of small finance bank soars as much as 34%
 "On its first day, Equitas stock settles 23% above listing price")
Equitas Holdings ends 23% higher on debut
The stock which listed at Rs 144 on the BSE compared to its issue price of Rs 110 ended up 23% at Rs 135
 "Equitas Holdings ends 23% higher on debut")
We should be in time for April 2017 deadline: P N Vasudevan
Interview with Managing director, Equitas Holdings
 "We should be in time for April 2017 deadline: P N Vasudevan")
Equitas' shares command 15% premium in grey market
The Rs 2,170-cr IPO subscribed 38% a day before close
 "Equitas' shares command 15% premium in grey market")
On Day One, Equitas Holdings subscribed 7.2%
The 139-million share offering received bids for around 10 million shares
 "On Day One, Equitas Holdings subscribed 7.2%")
IPO Review: Equitas Holdings a bankable bet
Transition to a bank could put profits under pressure in near term; valuations are undemanding for a fast-growing company
 "IPO Review: Equitas Holdings a bankable bet")
