Liquidity Events
Jana Small Finance Bank IPO subscribed 18.5x
This is Bengaluru-headquartered Jana Small Finance Bank’s IPO was subscribed 18.5 times. The categories of qualified institutional buyers (QIBs) and non-institutional investors (NIIs) were booked 38 times and 25 times, respectively. The retail portion was subscribed 5.46 times.The IPO comprises fresh equity worth INR 462 crore and an offer for sale (OFS) of 26.08 lakh shares.
PE Investors in Jana Small Finance Bank include TPG Capital, Amansa Capital, MEMG Group, HarbourVest, Morgan Stanley, GIC, TPG Capital, Tree Line Asia, Others.
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