Amidst the ongoing IPO season, Capital Small Finance Bank is also planning to raise funds via primary market route. The small lender has filed a draft herring prospectus (DRHP) with capital markets regulator SEBI to float an initial public offering (IPO). The IPO consists of a fresh equity share issue worth Rs 450 crore, along with an offer for sale (OFS) of up to 3.84 million equity shares by existing shareholders and promoters. Investors participating in OFS include PI Ventures (3.37 lakh equity shares), Amicus Capital Private Equity I LLP (6.04 lakh equity shares) among others. Proceeds from the issue will be used to augment tier-I capital base to meet the future capital requirements of the lender. As of June 2021, its tier-I capital base was Rs 446 crore. Its capital to risk was 21.12%. Capital Small Finance Bank mainly focuses on the needs of the middle income segment, providing its products and services in that area of operations. The lender is backed by a number of financial behemoths and institutional investors including SIDBI, ICICI Prudential and HDFC Life among others. According to the details given in DRHP, Capital Small Finance Bank is present in four states of north India including Punjab, Haryana, Delhi and Rajasthan, with lender having 159 branches and 161 ATMs.
Particulars (Fig. In Cr)
2016
2017
2018
2019
2020
2021
Jun-21
Revenue from Operation
0.14
33
111
358
667
2335
1100
Other Income
0.08
0.87
2.58
5.62
70
25
100
Total Revenue
0.22
34
114
363
737
2360
1200
Purchases
0.75
42
118
377
700
2266
1234
Change in Inventory
-0.59
-9.82
-11
-42
-58
-114
-126
Employee Benefit Exps
4
14
38
80
137
270
165
Other Exps
7
34
63
185
275
481
215
EBITDA
-11
-47
-97
-243
-386
-569
-292
OPM
-7319.05%
-141.73%
-87.65%
-67.82%
-57.85%
-24.38%
-24.45%
Finance Cost
0.07
0.18
2.86
5.12
12
43
20
Depreciation
0.23
1.26
3.74
6.24
19
32
17
Profit Before Tax
-11
-48
-101
-248
-347
-620
-319
Tax Exps
0.01
0.07
-2
-5
-11
21
-6
Profit After Tax
-11
-48
-100
-243
-335
-641
-313
NPM
-7415.27%
-143.67%
-90.19%
-67.92%
-50.23%
-27.46%
-26.23%
EPS (Basic)
-93
-415
-865
-2090
-12
-2
-0.77
Amidst the ongoing IPO season, Capital Small Finance Bank is also planning to raise funds via primary market route. The small lender has filed a draft herring prospectus (DRHP) with capital markets regulator SEBI to float an initial public offering (IPO). The IPO consists of a fresh equity share issue worth Rs 450 crore, along with an offer for sale (OFS) of up to 3.84 million equity shares by existing shareholders and promoters. Investors participating in OFS include PI Ventures (3.37 lakh equity shares), Amicus Capital Private Equity I LLP (6.04 lakh equity shares) among others. Proceeds from the issue will be used to augment tier-I capital base to meet the future capital requirements of the lender. As of June 2021, its tier-I capital base was Rs 446 crore. Its capital to risk was 21.12%. Capital Small Finance Bank mainly focuses on the needs of the middle income segment, providing its products and services in that area of operations. The lender is backed by a number of financial behemoths and institutional investors including SIDBI, ICICI Prudential and HDFC Life among others. According to the details given in DRHP, Capital Small Finance Bank is present in four states of north India including Punjab, Haryana, Delhi and Rajasthan, with lender having 159 branches and 161 ATMs. 
| Particulars (Fig. In Cr) |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
Jun-21 |
| Revenue from Operation |
0.14 |
33 |
111 |
358 |
667 |
2335 |
1100 |
| Other Income |
0.08 |
0.87 |
2.58 |
5.62 |
70 |
25 |
100 |
| Total Revenue |
0.22 |
34 |
114 |
363 |
737 |
2360 |
1200 |
| Purchases |
0.75 |
42 |
118 |
377 |
700 |
2266 |
1234 |
| Change in Inventory |
-0.59 |
-9.82 |
-11 |
-42 |
-58 |
-114 |
-126 |
| Employee Benefit Exps |
4 |
14 |
38 |
80 |
137 |
270 |
165 |
| Other Exps |
7 |
34 |
63 |
185 |
275 |
481 |
215 |
| EBITDA |
-11 |
-47 |
-97 |
-243 |
-386 |
-569 |
-292 |
| OPM |
-7319.05% |
-141.73% |
-87.65% |
-67.82% |
-57.85% |
-24.38% |
-24.45% |
| Finance Cost |
0.07 |
0.18 |
2.86 |
5.12 |
12 |
43 |
20 |
| Depreciation |
0.23 |
1.26 |
3.74 |
6.24 |
19 |
32 |
17 |
| Profit Before Tax |
-11 |
-48 |
-101 |
-248 |
-347 |
-620 |
-319 |
| Tax Exps |
0.01 |
0.07 |
-2 |
-5 |
-11 |
21 |
-6 |
| Profit After Tax |
-11 |
-48 |
-100 |
-243 |
-335 |
-641 |
-313 |
| NPM |
-7415.27% |
-143.67% |
-90.19% |
-67.92% |
-50.23% |
-27.46% |
-26.23% |
| EPS (Basic) |
-93 |
-415 |
-865 |
-2090 |
-12 |
-2 |
-0.77 |
Disclaimer: This article is for informational purposes only and is not investment advice, nor an offer to buy or sell any security. Unlisted share prices are indicative. Please do your own research or consult a SEBI-registered advisor before investing.
