Daily BriefsECM

Daily Brief ECM: Jana Small Finance Bank Pre-IPO Tearsheet and more

In today’s briefing:

  • Jana Small Finance Bank Pre-IPO Tearsheet


Jana Small Finance Bank Pre-IPO Tearsheet

By Ethan Aw

  • Jana Small Finance Bank (3667144Z IN) is looking to raise up to US$100m in its upcoming India IPO. The deal will be run by Axis Capital, ICICI-Sec and SBI Capital.
  • Jana Small Finance Bank (JSFB) is the fourth largest small finance bank in India in terms of AUM and deposit size as of FY23 (Year ended 31st Mar 2023). 
  • The firm has served nearly 12m customers since 2008, including 4.57m active customers as of FY23.

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