ESAF Small Finance Bank Allots ₹85 Crores in Non-Convertible Debentures via Private Placement
ESAF Small Finance Bank Ltd has successfully completed the allotment of non-convertible debentures (NCDs) amounting to ₹ 85,00,00,000/- through a private placement. The decision was made by the Bank’s Allotment Committee on June 25, 2026.The issuance involves 8,500 listed and rated bonds, each having a face value of ₹ 1,00,000/- (Rupees One Lakh only). These debentures are designated as Basel II compliant lower Tier II subordinated bonds and carry an interest rate of 11.65% per annum.
The NCDs were issued on a private placement basis and have been proposed for listing in the Negotiated Trade Reporting Platform under New Debt Market (NTRP) of the National Stock Exchange of India Limited (NSE). The instrument has a tenure of 73 months, with the Date of Maturity set for July 25, 2032.
Key details regarding the debenture issuance are summarized below:
| Feature | Details |
|---|---|
| Issuer | ESAF Small Finance Bank Limited |
| Type of Securities | Listed, rated, taxable, unsecured, transferable, redeemable, fully paid up, Basel II compliant lower Tier II subordinated bonds (ISIN: INE818W08172) |
| Issuance Type | Private Placement |
| Total Bonds Issued | 8,500 NCDs |
| Size of Issue | ₹ 85,00,00,000/- (Rupees Eighty-Five Crores only) |
| Tenure | 73 Months |
| Date of Allotment | June 25, 2026 |
| Coupon Rate | Fixed Coupon not to exceed 11.65% per annum, payable quarterly |
| Security Charge | Unsecured |
The debentures are redeemable upon maturity and are issued against an aggregation of ₹ 85 Crores.
ESAFSFB Stock Price Movement
As of 11:09 AM, shares of ESAF Small Finance Bank Limited are shedding value in live trading, dipping down by 0.40% to ₹32.74. The stock has seen a volume of 255,620 shares traded so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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