Suryoday Small Finance Bank Limited Unlisted Shares

2008-2009

1. Suryoday Small Finance Bank Limited was incorporated under the Companies Act.

2. Received RBI license for NBFC Operations

3. Partnered with Aavishkaar Goodwell for Private Equity Funding

4. Opened 10 branches across Pune and Solapur in Maharashtra and Chittoor in Andhra Pradesh.

2009-2014

1. Expanded operations across Maharashtra, Andhra Pradesh, Odisha, Tamil Nadu, Karnataka, Gujarat and Rajasthan bringing the network to 70 branches with 274,000 active customers.

2. Received Equity Infusion from Lok Capital, HDFC Holdings, HDFC Life and IFC in addition to Aavishkar Goodwell.

3. Received RBI approval for NBFC-MFI Status.

2014-15

1. The network expanded to include Madhya Pradesh bringing the total number of branches to 145 with 562,000 active customers.

2. Issued debt securities and obtained listing permission from the BSE Ltd. in the Wholesale Debt segment.

2017-18

1. Received ‘Scheduled Commercial Bank’ Status

2. Became Member of CGTMSE – Credit Guarantee Fund Trust for Micro & Small Enterprises.

Suryoday Small Finance Bank Limited Unlisted Shares Details:

Total Available Shares:	400
Face Value:	₹ 10 Per Equity Share
ISIN:	INE428Q01011
Lot Size:	150-300 Shares
Current Unlisted Share Price:	₹ 285-290 Per Equity Share

Promoters And Management:

1.Dr. Mrs Sheela Bhide (Chairperson - Independent Director) 2. Mr R. Ramachandran (Independent Director) 3. Mr Jyotin Mehta (Independent Director) 4. Mr R. Baskar Babu (MD & CEO)

Company Business:

Micro Finance Microfinance loans are for financially excluded borrowers with a ticket size ranging between Rs. 10,000 to Rs. 40,000. These loans are primarily given to women borrowers in the joint liability format. These are templated products which are dependent on the parameterised credit review to ensure appropriate evaluation of the borrower and better health of the portfolio. Microfinance continued to be a significant portfolio for the Bank in FY 18 and will continue to remain for FY 19. Loan Against Property (LAP) & Housing Loan LAP is divided in M-LAP and LAP. M-LAP ranges from Rs. 1.5 lacs to Rs. 5 lacs and is collateral based lending primarily for business purpose. LAP is in the range of Rs. 10 lacs and upwards. Housing loans are given to salaried as well as credible self-employed borrowers including to financially excluded borrowers MSME loans MSME loans are provided as unsecured loans to retail borrowers such as shopkeepers and grocers. These are templated products with the ticket sizes in the range of Rs. 1.5 lakhs to 5 lakhs. These are unsecured loans and backed by post-dated cheques. During the year, the Bank introduced a microloan for shopkeepers with a ticket size of approximately Rs. 1 Lakh including customers having a good track record with the Bank and are in the need for the higher loan amount. Accordingly, the Bank has segregated its sourcing strategy based on customer profile. Microloans with a ticket size of Rs. 1 lakh is sourced by inclusive finance cluster while retail asset cluster (non-inclusive finance) will source customers with ticket size upwards of Rs. 5 Lakh. Notably, the Bank has witnessed excellent portfolio quality for microloans with a ticket size of approximately Rs. 1 lakh. Commercial Vehicle Loans The Bank introduced CV loans in later part of the year and includes primarily new commercial vehicles. The ticket sizes are in the range of Rs. 15 lakhs to Rs. 35 lakhs. The key focus will be to fund credible borrowers and to build a stable portfolio. Financial Intermediary Group (FIG) Loans FIG loans are introduced for on-lending to NBFCs including microfinance companies. The Bank has separate vertical to focus on FIG lending having significant experience in lending to financial institutions. SME lending The Bank has started lending to SME borrowers with excellent credit history. SME borrowers are primarily small and medium private and public limited companies, partnership firms etc. The Bank has centralised sourcing, credit underwriting and loan processing to keep strong control over the sourcing profile of the customer and portfolio monitoring.

Financials of Suryoday Small Finance Bank Limited Unlisted Shares:

Particulars(Cr)	FY15	FY16	FY17	FY18	FY19
Advances	582	983	834	1596	2711
Gross NPA	0.13%	0.18%	6.15%	3.15%	1.81%
Revenue	180	225	255	325	599.25
PAT	19.9	27.14	15.1	10.1	86.6

UZ Review(FY18-19) 1. The Bank's Networth as on 31.03.2019 is 880 Cr, up by 62% as compared to last year. The company had 540 Cr of Net-worth last year. 2. In FY18-19, the Bank has raised 248.44 cr through a private placement of 13,802,083 Equity shares of 10/- each in March 2019 and 3.28 cr by the issue of 2,83,727 equity shares of 10/- each to the employees of the Bank . * Private Placement at Rs.180 per share. * ESOP at Rs.115 per share. 3. As on March 31, 2019, the paid-up share capital of the Bank stood at 81.58 cr divided into 8,15,82,482 Equity Shares of 10 each. 4. The company has clocked a revenue of 599 Cr in FY18-19 as compared to 324 Cr last year, representing a growth of 84%. 5. The company has clocked a PAT of 86 Cr in FY18-19 as compared to 10 Cr last year, representing a growth of 760%. 6. The Advances has been grown to 2711 cr in FY18-19 as compared to 1596 Cr last year. The Gross NPA has also reduced to 1.81% in FY18-19 as compared to 3.5% last year. 7. The Book Value of the Bank as on 31.03.2019 stands at 107. So at a current market price of 270, the bank is available at P/B valuation of 2.52x. Suryoday Small Fin Bank Annual Report 2018-19 Research Report by UnlistedZone Team

Company Address:

1101, Sharda Terraces, Plot No. 65, Sector 11, CBD Belapur, Navi Mumbai 400 614 Tel: +91 91 22 40435800 Website: www.suryodaybank.com

Discussion on Suryoday Small Finance Bank Limited Unlisted Shares:

***********Listing Requirement of Small Finance Bank***************

1. The small finance bank having a Net worth of ₹500 crore, the listing will be mandatory within three years of reaching that net worth.

2. The small finance banks having a Net worth of below ₹500 crore could also get their shares listed voluntarily.

*****************IPO NEWS********************************

(i) Suryoday Small Finance plans up to Rs 1,000-cr IPO by mid-2020.

(ii) The company would raise about Rs 400 crore through an offer-for-sale (OFS), while fresh capital infusion would take the total IPO size anywhere between Rs 600 crore and Rs 1,000 crore, informed a top official here.

(iii) The bank is planning to increase its asset portfolio to approx Rs 4,500-5,000 crore, while the deposits are expected to increase to Rs 3,500-4,000 crore by end of the fiscal i.e 2020,” said Babu.

*************RBI requirement for Small finance bank****************

Reserve Bank of India’s stipulation requires Suryoday to lock in promoters’ contribution at 26% for five years from January 2017, when it transformed itself into the bank from its previous avatar of a microfinance company.

RBI norm for small finance banks typically mandates promoter’s minimum contribution at 40% with a 12-year window to pare it down to 26%. However, the entities which had already lowered promoters’ holding to below 40% but above 26%, they are allowed it to keep it at minimum at 26%.

Research report prepared by UnlistedZone team.

https://dyvmwwyqozzzb.cloudfront.net/main/Suryoda-Small-Fin-Bank-1.pdf

Suryoda Small Finance Bank Presentation

https://dyvmwwyqozzzb.cloudfront.net/main/Suryoda-Small-Fin-Bank-Presentation.pdf

Dear sir.
Can u give contect details for Pattukkottai branch