*SEBI Link:* https://www.sebi.gov.in/filings/processing-status/jan-2024/processing-status-issues_59558.html
Capital Small Finance Bank, which is among the leading SFBs in India in terms of cost of funds, retail deposits and CASA deposits for Fiscal 2023 has received final observations from SEBI for their proposed IPO.
The bank commenced operations as India’s first small finance bank in 2016 and has the most diversified portfolio with sizeable book in multiple asset classes as compared to other SFBs with a highest proportion of secured lending of 99.82% as of Fiscal 2023 among the SFBs.
*Book Running Lead Managers to the IPO:* Nuvama Wealth Management Limited (Formerly known as Edelweiss Securities Limited), DAM Capital Advisors Limited and Equirus Capital Private Limited
