In today’s briefing:
- Jana Small Finance Bank Pre-IPO Tearsheet
Jana Small Finance Bank Pre-IPO Tearsheet
- 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.