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Is Suryoday Small Finance Bank IPO a good bet? Brokerages have mixed reviews

Updated : March 17, 2021 12:03:07 IST

Analysts have mixed views on the IPO and are confused between high valuations and good return ratios.
Ahead of the IPO, the company also garnered Rs 170.12 crore from 13 anchor investors.
Incorporated in 2009, the company started as a microfinance institution and later converted to a SFB in Jan 2017.
Is Suryoday Small Finance Bank IPO a good bet? Brokerages have mixed reviews
Published : March 17, 2021 12:03 PM IST

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