Tag: amicus capital partners india fund

Capital Small Finance Bankhas filed its Draft Red Herring Prospectus with market regulator Securities and Exchange Board of India. Edelweiss Financial Services Limited, Axis Capital Limited and SBI Capital Markets Limited will be the book running lead managers of the issue.

The company plans to raise its initial public offering via a fresh issue of equity shares aggregating up to Rs. 450 crores and an offer for sale of up to 3,840,087 equity shares.

The offer for sale comprises up to 337,396 equity shares by PI Ventures LLP, 604,614 equity shares by Amicus Capital Private Equity I LLP, 70,178 equity shares by Amicus Capital Partners India Fund I and 836,728 equity shares by Oman India Joint Investment Fund II and up to 1,991,171 equity shares by certain person listed in DRHP.

The company has a good asset quality, with a GNPA of 2.08% and NNPA of 1.13%, lowest among its peers. They propose to utilise net proceeds from the fresh issue towards augmentation of the bank’s tier-I capital base to meet future capital requirements.