Question

    Which small finance bank  has allotted shares worth Rs. 222 crore to anchor investors comprising a  total of 89.1 million shares at Rs. 25 apiece were allotted?

    A Jana Small Finance Bank Correct Answer Incorrect Answer
    B Equitas Small Finance Bank Correct Answer Incorrect Answer
    C ESAF Small Finance Bank Correct Answer Incorrect Answer
    D Utkarsh Small Finance Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Utkarsh Small Finance Bank (SFB) has allotted shares worth Rs. 222 crore to anchor investors. A total of 89.1 million shares at Rs. 25 apiece were allotted.   Some investors who got an allotment in the anchor category incl­ude Goldman Sachs, ICICI Prudential Life, Kotak Mahindra, and Aditya Birla Sunlife.  

    Practice Next

    Relevant for Exams:

    ×
    ×