India New Issue-Equitas Small Finance Bank accepts bids for bond issue, bankers say

Equitas Small Finance Bank

24/09/2026 10:57

MUMBAI, Sept 24 (Reuters) - India's Equitas Small Finance Bank EQUI.NS has accepted bids worth 5 billion rupees ($52.11 million) for the sale of bonds maturing in 10 years, three bankers said on Thursday.
It will pay a coupon of 9.95% and had invited commitment bids for the issue earlier in the day, they said, adding that the bond will have a call option exercisable after five years.
The lender did not immediately respond to a Reuters email seeking comment.

 
 Here is the list of deals reported so far on September 24: 
Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Equitas Small Finance Bank
10 years
9.95
5
September 24

AA- (Care)
Bajaj Housing
Aug 2031 reissue
4 years and 11 months
8.20 (yield)
8.15
September 24
AAA (Crisil, India Ratings)
RJ Corp
3 years
8.10
3.75
September 23
AAA (Crisil)
RJ Corp
3 years
8.20
6.35
September 23
AAA (Crisil)
Embassy Office Parks REIT
3 years
floating
10
September 23
AAA (Crisil, Care)
     
      * Size includes base plus greenshoe for some issues
     


($1 = 95.9525 Indian rupees)

 (Reporting by Dharamraj Dhutia)
 ((Dharamraj.dhutia@tr.com))