Home / Investors / Shareholders Assistance / FAQ


How did Equitas begin?
  • Equitas was incorporated in June 2007 as a Micro Finance Institution (MFI)
  • Vehicle Finance and Housing Finance businesses were started in 2011
  • With the merger of the subsidiaries viz. Equitas Micro Finance Limited and Equitas Housing Finance Limited with Equitas Finance Limited on 2nd September 2016, Equitas Small Finance Bank Limited (ESFBL), a wholly owned subsidiary of Equitas Holdings Limited, commenced its operations from 5th September 2016.
What are you investing in when you purchase Equitas shares?
  • The listed entity is Equitas Holdings Limited, which is a Core Investment Company Non-Deposit Taking Systemically Important (CIC-ND-SI) registered with the Reserve Bank of India.
  • Equitas Small Finance Bank Limited (ESFBL) and Equitas Technologies Private Limited (ETPL) are the two wholly owned subsidiaries of Equitas Holdings Limited.
What is a Small Finance Bank (SFB)?
  • Small Finance Banks (SFBs) are a new breed of banks in India. The Reserve Bank of India (RBI) aims to further financial inclusion through SFBs by (a) provision of savings vehicles, and (ii) supply of credit to small business units; small and marginal farmers; micro and small industries; and other unorganised sector entities, through high technology-low cost operations.
Equitas operational statistics – As of 30th Jun 2017
  • More than 25 lakh Micro Finance customers; 75,000 Vehicle Finance customers; 95,000 Micro LAP customers
  • More than 1 lakh customer deposit accounts
  • 335 liability centers and 617 asset centers across 14 states and 2 union territories
  • 13,400 employees
Equitas financial statistics – As of 30th Jun 2017
  • Advances under Management (AUM) of Rs.7,036 Cr
  • Customer deposits of Rs.2,255 Cr
  • Total Assets of Rs.9,476 Cr
  • Loan disbursement of Rs.1,055 Cr in Q1FY18 and Rs.5,143 Cr in FY17
  • Q1FY18: Net Interest Income (NII) of Rs.216 Cr and Profit after Tax (PAT) of Rs.15.6 Cr
Does Equitas have any quiet periods?

Jayshree Ashwinkumar Vyas is an independent Director of our Company. She was appointed as an additional Director of our Company on November 12, 2014 and was appointed as an independent director on June 29, 2015. She is a qualified chartered accountant from the Institute of Chartered Accountants of India and has been the managing director of Shri Mahila Sewa Sahakari Bank Limited since 1986.

In which stock exchanges are Equitas shares listed and what are the scrip codes?
  • Equitas shares are listed on National Stock Exchange of India Limited (NSE) and Bombay Stock Exchange (BSE).
  • Scrip codes – NSE: EQUITAS, BSE: 539844, ISIN: INE988K01017,
When did Equitas have IPO (Initial Public Offer) and what was the offer price?
  • Equitas Holdings Limited’s IPO was from 5th April, 2016 to 7th April, 2016. Its shares were listed on NSE and BSE in India on 21st April, 2016. The price band for the issue of shares was Rs.109-110 per share. The shares were issued at a price of Rs. 110 per equity share.
Who are the Registrars and Share Transfer Agents?
  • Ms. Rajitha Cholleti (Senior Manager)
    Karvy Computershare Private Limited
    Address: Karvy Selenium Tower B, Plot No. 31 & 32, Gachibowli, Financial
    District, Nanakramguda, Serilingampally, Hyderabad – 500034
    Tel: +91 40 6716 2222
    Email: rajitha.cholleti@karvy.com