ESAF Small Finance Bank IPO: Should You Invest?

ESAF Small Finance Bank is going public with its IPO today. The bank is offering its shares at a price of Rs 57-60 per share. The IPO will be open for bidding until November 7. Anand Rathi Research recommends subscribing to the IPO for the long term. LKP Securities also suggests subscribing to the IPO, considering the bank’s valuation and return ratios. Hem Securities believes that the bank’s focus on the micro loan segment and its customer-centric approach make it a good long-term investment. StoxBox by BP Equities highlights the bank’s strong asset quality and capital adequacy ratio, recommending investors to subscribe from a medium to long-term perspective. Sushil Finance points out the bank’s growth in topline and bottomline and suggests subscribing to the IPO. It is important to note that this information is for informational purposes only and readers are advised to consult with a financial advisor before making any investment decisions.