Samco securities limited
Clear

CreditAccess Grameen IPO Review

  • Created by Samco
  • Date of publication
  • Last modified on

Read the exclusive Reviews & Recommendations on CreditAccess Grameen IPO by Market Experts

CreditAccess Grameen IPO Reviews Summary Table

CreditAccess Review by

Reviewer Type

Recommendations

Dilip Davde

Individual

Subscribe for Long Term

Capital Market

Company

May subscribe(47/100)



Company Overview:
CreditAccess Grameen Limited is leading Indian micro-finance institution head office situated at Bangalore, it primarily provides micro-loans to women customers mostly in Rural Areas in India. According to CRISIL Research, it is the third largest NBFC-MFI gross loan provider in India as of 31st March 2017

Issue Detail :

Following are the IPO Key details of RITES Limited IPO:

  • The IPO opens on 8th Aug 2018

  • The IPO closes on  10th Aug 2018

  • Price Band: Rs 418 - Rs 422 Per Equity Share

  • Issue Size : Rs 1,131.19 Cr

  • No of Shares on Offer: 2.68 Crore Shares

  • Bid Lot:35 Shares

  • Face Value : Rs 10 per equity share

    Objectives of CreditAccess Grameen Limited IPO: The objects of CreditAccess Grameen Limited includes Offer for Sale and Fresh Issue :

  • Offer for Sale by existing selling stakeholders.

  • Utilise the Net Proceeds from the Fresh Issue towards augmenting its capital base to meet future capital requirements.

  • To undertake its existing activities and the activities for which funds are being raised by through the Fresh Issue.

    CreditAccess Grameen : Financials


    1 03 (12)1 03 (12)1 03 (12)1 03 (12)1 03 (12)
    Income from operations1 2.342 8.164 6.957 1.758 5.55
    Other Income5 491 .279 777 529 65
    Total Income1 7.832 1.434 6.727 9.268 5.21
    Interest Expended7 .251 9.052 8.253 6.543 4.57
    Operating Expense4 .526 .71 2.311 5.391 4.5
    Operating Profits3 .058 .681 6.172 7.333 6.14
    Depreciation / Amortization0 531 922 614 435 17
    Profit before tax and Provisions3 .538 .761 3.562 2.93 0.97
    Provisions and write off5 736 841 .021 8.61 8.12
    Profit before tax2 .87 .921 9.541 4.31 2.86
    Provision for tax8 172 .194 .346 .22
    PAT1 .634 .738 .248 .31 4.64
    EPS (Rs)1 163 45 815 68 69
    For such more IPO news and updates visit Samco IPO

Latest IPO

  • Find out which all IPOs are going to hit the Stock Exchanges and probably providing an opportunity for investors to make money Read More>>

  • Investing in an IPO has always been a point of discussion amongst investors and with the recent increase in the number of companies going public, the discussion is catching more attention. While this article attempts to answer the question, let us start b Read More>>

  • Once you have invested in an IPO the next thing to concern yourself about is to have an exit strategy in order to maximize your gains. In order to have an efficient exit strategy, there are certain factors to take note on. This article will try to explain Read More>>

IPO Events Calendar

Go
Sun
Mon
Tues
Wed
Thu
Fri
Sat

IPO Updates on Facebook

Get the latest IPO updates on your Facebook feeds.
Click here to Join Us on Facebook.
×

Filing Complaints on SCORES

Easy & quick

1. Register on SCORES portal

2. Mandatory details for filling complaints on SCORES

Name | PAN | Address | Mobile | Number | E-mail ID

3. Benefits

Effective Communication

Speedy redressal of the grievances