Equitas Holdings
Chennai-based Equitas Holdings is one of the 10 entities that received in-principle approval from the RBI in September 2015 to set up a small finance bank. The company has diversified operations in microfinance (MFI), vehicle finance (VF), micro/small enterprises (MSE) and housing finance (HF).
Making its stellar debut today, the stock closed at a premium of Rs. 135.70/-. The offer price of the stock as per its prospectus was Rs. 110/-.
Esscee Trading Venture purchased 2,800,000 shares or 0.83%.
Goldman Sachs International Equity Fund purchased 3,919,798 shares or 1.17%
MSD India Fund purchased 2,571,584 shares or 0.76%
Disclaimer
Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.
