Bottom fishing? Down 75% from IPO price, Dolly Khanna picked stake in this small finance bank in Q1

Bottom fishing? Down 75% from IPO price, Dolly Khanna picked stake in this small finance bank in Q1

During the June 2022 quarter, seasoned investor Dolly Khanna added to her portfolio. The stock is currently trading 75 per cent below its issue price. Suryoday Small Finance Bank had listed on bourses in 2021. According to the latest shareholding data, Dolly Khanna held 12,27,986 equity shares or a 1.16 per cent stake in the … Read more

Suryoday Small Finance Bank raises Rs 170 crore from anchor investors

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Kolkata: Suryoday Small Finance Bank has raised Rs 170 crore from 13 anchor investors, including Axis Mutual Fund Trustee, ICICI Prudential Life Insurance Company and Goldman Sachs, at Rs 305 per equity share – the upper band of the IPO price. The allocation covered 29% of the IPO size and 68.4% of the total fresh … Read more