Suryoday Bank IPO Subscription Number & Status | Should You Subscribe?

Suryoday Bank IPO to hit the market on 17 March and closes on 19 March 2021. The grey market is active and looking average. The GMP is showing average trend which reached at Rs and the all eye will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise 823.70 crore via IPO. Check out Suryoday Bank IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Latest Update: Suryoday Bank IPO subscribed 0.42x times, QIB 0x, NII  0.04x and RII 0.84x times on day 1.

    Suryoday Bank IPO Subscription Status

    Suryoday Bank IPO Subscription Numbers
    (Day 1)


    Category Day 1 Day 2 Day 3
    QIB 0.04x x x
    NII 0.04x x x
    RII 0.84x x x
    EMP 0.06x x x
    OTH x x x
    Total 0.42x x x

    Suryoday Small Finance Bank IPO Date & Price Band


    IPO Opening Date Mar 17, 2021
    IPO Closing Date Mar 19, 2021
    Issue Type Book Built Issue IPO
    Face Value ₹10 per equity share
    IPO Price ₹303 to ₹305 per equity share
    Market Lot 49 Shares
    Min Order Quantity 49 Shares
    Listing At BSE, NSE
    Issue Size 19,093,070 Eq Shares of ₹10
    (aggregating up to ₹582.34 Cr)
    Fresh Issue 8,150,000 Eq Shares of ₹10
    (aggregating up to ₹248.58 Cr)
    Offer for Sale 10,943,070 Eq Shares of ₹10
    (aggregating up to ₹333.76 Cr)

    Suryoday Small Finance Bank IPO Market Lot


    Minimum Lot Size: Minimum 49 Shares
    Minimum Amount: ₹ 14,945
    Maximum Lot Size: Maximum 637 Shares
    Maximum Amount: ₹ 1,94,285

    Suryoday Small Finance Bank IPO Tentative Timetable


    The Suryoday Small Finance Bank IPO open date is Mar 17, 2021, and the close date is Mar 19, 2021. The issue may list on Mar 30, 2021.
    IPO Open Date Mar 17, 2021
    IPO Close Date Mar 19, 2021
    Basis of Allotment Date Mar 24, 2021
    Initiation of Refunds Mar 24, 2021
    Credit of Shares to Demat Account Mar 25, 2021
    IPO Listing Date Mar 30, 2021


    Suryoday Bank IPO Subscription FAQs:

    When Suryoday Bank IPO Subscription will start?
    The IPO subscription starts on 17 March 2021 for QIB, NII, and Retail Investors.

    How much Suryoday Bank IPO subscribed?
    The IPO subscribed 0.42times on day 1.

    What is Suryoday Bank IPO retail subscription status?
    The retail subscription is 084on day 1.

    How to subscribe Suryoday Bank IPO?
    You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.

    How do i check live Suryoday Bank IPO Subscription Numbers?
    One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.