Equitas small finance bank (ESFB) is the subsidiary of Equitas Holding Ltd. The Company was incorporated in 1993 at Madras, Tamil Nadu and is now coming up with an IPO amounting to Rs 532 crore.
Bodhi Tree IPO Bidding Details as on 9th Oct.
Bodhi Tree has diversified production portfolio and is widespread geographically but its strengths are offset by negative net worth and high volatility in its financial performance which puts a question mark over its sustainability of revenues. The NAV of the issuer is negative at 23.43 and IPO is valued at Rs 95 which hints at overvaluation. Thus, Investors should stay away from this IPO.
Recent IPO Subscription Status
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