Capital Small Finance Bank is set to launch its Initial Public Offering (IPO), which includes a fresh equity issue of Rs 450 crore and an offer for sale of 15.61 lakh shares. The IPO will be open for public subscription from February 7 to February 9. Capital Small Finance Bank primarily focuses on the middle-income customer segments in semi-urban and rural areas. The bank aims to raise approximately Rs 523 crore through this IPO. It is important to note that 50% of the issue is reserved for qualified institutional buyers, 15% for non-institutional bidders, and 35% for retail investors. The IPO has been priced in the range of Rs 445-468 per share, and investors can bid for 32 shares in one lot and in multiples thereafter. In terms of financial performance, the company recorded a 21% increase in revenue from operations and a 31% rise in net profit for the period ending September 2023. The net proceeds from the IPO will be utilized to augment the bank’s Tier – 1 capital base. The IPO’s share allotment will be finalized on February 12, and the listing date is set as February 14. Nuvama, Equirus Capital, and DAM Capital are the book-running lead managers for the IPO, while Link Intime India is the registrar. Investors and potential subscribers should stay updated and make informed decisions regarding this IPO.