Suryoday Small Finance Bank Limited Unlisted Shares

Suryoday small finance bank overview:

The Journey of Suryoday bank started with Suryoday microfinance, which then started a small finance bank on 23^rd January, 2017, after receiving approval from RBI.

2008-2009:

Suryoday Micro Finance was incorporated under the Companies Act
Received RBI license for NBFC Operations and Partnered with Aavishkaar Goodwell for Private Equity Funding
Opened 10 branches across Pune and Solapur in Maharashtra and Chittoor in Andhra Pradesh

2009-2014:

Expanded operations across Maharashtra, Andhra Pradesh, Odisha, Tamil Nadu, Karnataka, Gujarat and Rajasthan bringing the network to 70 branches with 274,000 active customers
CRISIL rating steadily upgraded to mfR3
New products launched. Received Equity Infusion from Lok Capital, HDFC Holdings, HDFC Life and IFC in addition to Aavishkar Goodwell. Received RBI approval for NBFC-MFI Status
Received ICRA rating of BBB for debt instruments

2014-2015:

Received Bank Line rating of BBB
Received ICRA rating of M2+
The network expanded to include Madhya Pradesh bringing the total number of branches to 145 with 562,000 active customers
Issued debt securities and obtained listing permission from the BSE Ltd. in the Wholesale Debt segment

2015-2017:

Received grading of MFI-1
Received in-principle approval from RBI for setting up Small Finance Bank (September 2015)
Received final license from RBI to operationalize Small Finance Bank (August 2016)
Rating from ICRA A(-) and A1 received in August 2016
Received approval for change of name to Suryoday Small Finance Bank Limited
Launched Small Finance Bank Operations (January 23, 2017)
Set up four bank branches in Mumbai and Pune within a short span of 67 days 2017-2018
Received ‘Scheduled Commercial Bank’ Status
Launched Partnership Led Outlets-First in this space
Became Member of CGTMSE – Credit Guarantee Fund Trust for Micro & Small Enterprises

2018-2019

Product diversification to increase the share of the secured loan portfolio.
AUM crossed INR 3,000 Crs.
No. of branches increases to 382.
Net worth 881 Crs.

Ratings as under:

Agency	Category	Rating
ICRA	NCD/Sub-Debt	A(Stable)
ICRA	CD Rating	A1+
CRISIL	CD Rating	A1+

Management of the company:

Name	Designation
Dr Mrs Sheela Bhide	Chairperson - Independent Director
Mr R. Ramachandran	Independent Director
Mr Mrutyunjay Sahoo	Independent Director
Mr Jyotin Mehta	Independent Director
Mr Arun Diaz	Nominee Director
Mr Venkatesh Natarajan	Nominee Director
Mr R. Baskar Babu	MD & CEO

Past performance of the company:

(All figures INR in crores except specifically mentioned)

Particulars	2018-19	2017-18	2016-17
Total Income	324.92	254.79	200.01
Profit before Tax (PBT)	70.39	37.80	46.34
Profit After Tax (PAT)	10.12	15.10	27.44
Earnings per share (EPS) (INR)	1.55	3.01	7.59

Suryoday small finance bank shareholding pattern (top 10 shareholders) as on 31.03.2019 is as under:

Name of the shareholder	No. of Shares	Holding (in %)
Sarva Capital LLC	61,15,911	9.06
International Finance Corporation (IFC)	43,87,888	6.50
DWM International Mauritius Limited	43,17,682	6.40
ResponsAbility participants Mauritius	31,74,033	4.70
Gaja Capital Fund II Limited	30,15,332	4.47
Ask Pravi Private Equity Opportunities Fund	29,69,656	4.64
Evolvence India Fund II Limited	29,69,656	4.64
TVS Shriram growth fund	28,96,098	4.52
Americop Ventures Limited	26,71,758	4.17
HDFC Standard Life Insurance Company Ltd	25,78,679	3.82
Total outstanding equity shares	8,15,82,482	100.00

Suryoday small finance bank annual reports are as under:

Suryoday-Annual-Report-2019.pdf

Suryoday-annual-report-2018.pdf

Suryoday Small Finance Bank Limited Unlisted Shares:

Particulars	Narration
Total available shares	2,000 equity shares
Face Value	₹ 10 per Equity Share
ISIN	INE428Q01011
Lot Size	100 Equity shares
Current Unlisted Share Price	₹ Best in Industry per Equity Share
PAN Number	AAMCS5499J
Registered office	1101, Sharda Terraces, Plot No. 65, Sector 11, CBD Belapur, Navi Mumbai - 400 614

Unlisteddeal review:

The company is performing exceptionally well year on year basis and is increasing its reach along with the infusion of new capital.
Gross NPA of the company stood at 3.54% and Net NPA at 1.86% in the years where most other banks and NBFCs were struggling to hold their NPAs fall down, thereby benefiting the Suryoday small finance bank share price.
The company has recently raised 250crs from multiple PE funds at 190/ share.
The company may go for IPO by 2021 to adhere to the listing requirements of RBI.

Latest news of the company are as under:

Frequently Asked Questions (FAQs) on Suryoday Small Finance Bank unlisted shares:

1. How to buy Suryoday Small Finance Bank unlisted shares?

Step by Step process to buy Suryoday Small Finance Bank unlisted shares at the best price now is as under:

Step 1: A deal is proposed between unlisteddeal and buyer either on WhatsApp or over email.

Step 2: Buyer provides their client master copy for transfer of shares, PAN card copy, Aadhar card copy and cancelled cheque. The deal gets confirmed once the documents provided are in order.

Step 3: Buyer transfers deal amount to bank account details provided by us and provide us with remitter name, bank account number, bank name and UTR no. for the amount transferred to us.

Step 4:We shall transfer shares to the buyer account on the same day of receipt of funds and raise contract note.

Diagram showing how to buy unlisted shares/ Pre-IPO shares is as below:

See the Diametric flow to buy the shares

2. How to sell Suryoday Small Finance Bank unlisted shares?

Step by step process to how to sell Suryoday Small Finance Bank unlisted shares is as under:

Step 1: A deal is proposed between unlisteddeal and seller either on WhatsApp or over email.

Step 2: Seller provides their client master copy, PAN card copy, Aadhar card copy, delivery instruction slip (DIS) copy and cancelled cheque copy. The deal gets confirmed once the documents provided are in order.

Step 3: Seller transfers shares to details provided to them by us.

Step 4: We shall make payment to the seller on the same day of receipt of shares.

See the Infographic flow to sell the shares