Pre IPO: Suryoday Bank

Suryoday Bank is Small Finance Bank backed by HDFC,IDFC,IFC,Gaja Capital and TVS Shriram (the same folks who backed RBL Bank)

It’s IPO is expected in 2020 and is expected to do a rights issue soon.

It’s financials can be obtained from here.

A very limited quantity of its shares are on offer for sale.

For those interested,please email me at Alpha Ideas

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