Business Equitas SFB IPO: A SWOT Analysis Updated : October 20, 2020 12:38 PM IST The initial public offering (IPO) of Equitas Small Finance Bank (SFB) opened today. Here's a SWOT analysis. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.