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Jana Small Finance Bank Limited
To be announced

Retail Investor can invest upto Rs 2,00,000 in IPO

About the Company

The company is one of the leading Small Finance Banks of India in terms of assets under management and deposit size as at March 31, 2020. It has the second most geographically diversified portfolio with a pan-India presence among all Small Finance Banks in India as at March 31, 2020 (Source: IRR Report). As at February 28, 2021, the company had 611 Branches, including 166 Branches in Unbanked Rural Centres, and 134 ATMs located in 229 districts in 19 states and three union territories. The company has served over 8.00 million customers since 2008, including approximately 3.05 million active customers. The company was incorporated on July 24, 2006, registered as an NBFC on March 4, 2008 and was awarded non-banking finance company-microfinance institution (“NBFC-MFI”) status on September 5, 2013. The company started operating as a Small Finance Bank with effect from March 28, 2018 and became a Scheduled Commercial Bank on July 16, 2019.

Prospectus Document

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Dates

Offer End	:	-
Allotment Finalisation	:	-
Refund Initiation	:	-
Listing	:	-

How to Apply for IPOs on Paytm Money

Step 1
Once KYC is done, enter your bid details (quantity, price & no. of bids) and submit UPI ID.

Step 2
Accept the “Block Funds” request on UPI app

Step 3
If allotted, final amount will be debited otherwise, it will be unblocked.

The Bidding Process

Applying for an IPO is easier than ever with Paytm Money, in just a few clicks your application is processed. You can bid for any IPO through Paytm, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
The maximum subscription amount for retail investors is 2 lakh.
Any bid can be at a desired price or cut off price given by the company.

How to bid on App

Enter the number of shares you wish to buy, as per the lot size.
You can apply at the cut off price set by the company or bid for a desired amount within the price band.
Maximum three bids will be accepted.
You then need to enter the UPI ID on Paytm Money’s IPO application form.

Investing using UPI

You will immediately get a fund block request on your UPI for the submitted IPO application.
The funds will be blocked in your bank account until allotment when it is debited.
The limit for IPO application is Rs 2 lakh per transaction on UPI.
On allotment of the shares, the money will be automatically debited.
If the share aren’t allotted the blocked funds will reflect back into your account.