JANA SMALL FIN BANK Share price

Our Bank was incorporated as ‘Janalakshmi Financial Services Private Limited’ on July 24 2006 at Bengaluru Karnataka as a private limited company under the Companies Act 1956 and was granted the certificate of incorporation by the RoC. Janalakshmi Financial Services Private Limited was granted a certificate of registration dated March 4 2008 by RBI to commence the business of non-banking financial institution without accepting public deposits and was converted into an NBFCMFI with effect from September 5 2013. Subsequently pursuant to a Board resolution dated June 1 2015 and a Shareholders’ resolution dated June 29 2015 our Bank was converted into a public limited company under the Companies Act 1956 with effect from August 10 2015 and the name of our Bank was changed from ‘Janalakshmi Financial Services Private Limited’ to ‘Janalakshmi Financial Services Limited’ and a fresh certificate of incorporation of our Bank was issued by the RoC under such name. Janalakshmi Financial Services Limited was granted a fresh certificate of registration as a non-banking financial institution without accepting public deposits dated September 18 2015 pursuant to such name change. Our Bank then known as Janalakshmi Financial Services Limited was granted an in-principle approval by the RBI to convert into an SFB on October 7 2015. Thereafter our Bank received the final approval dated April 28 2017 from the RBI to establish and carry on business as an SFB. Pursuant to resolutions passed by the Board and Shareholders on May 30 2017 and January 12 2018 respectively the name of our Bank was changed from ‘Janalakshmi Financial Services Limited’ to ‘Jana Small Finance Bank Limited’ and a fresh certificate of incorporation dated January 29 2018 was issued by the RoC consequent upon the change of name. Our Bank commenced its business as an SFB with effect from March 28 2018 and its name was included in the second schedule to the RBI Act pursuant to a notification dated July 16 2019 issued by the RBI.Major events and milestones :2008RBI granted certificate of registration to commence the business of non-banking financial institution without accepting public deposits to Janalakshmi Financial Services Limited2014Investment by TPG Asia VI SF Pte. Ltd in the Bank of approximately ?2486 million2015• Received in-principal approval by the RBI to convert to an SFB;• RBI granted certificate of registration to commence the business of non-banking financial institution without accepting public deposits• Incorporation of our Bank2016Investment by Caladium Investment Pte. Ltd in the Bank of approximately ?3705 million2017• Received RBI Final Approval for commencement of SFB operations;• Investment by Bajaj Allianz Life Insurance Company Limited Bajaj Allianz General Insurance Company Limited and ICICI Prudential Life Insurance in the Bank of approximately ?1500 million ?50 million and ?1000 million respectively2018• Investment by HarbourVest Partners Co-Investment Fund IV L.P and ICICI Lombard General Insurance Company in the Bank of approximately ?2574 million and ?503 million respectively;• Launched Gold Loan;• Commenced Commercial Operations as an SFB2019• Included in the second schedule to the RBI Act;• Launched Affordable Housing Loan;• Investment by Amansa Holdings Pte. Ltd and Hero Enterprise Partner Ventures in the Bank of approximately ?2150 million and ?300 million respectively2020• Our gross AUM was ?112630.35 million and served over 3.05 million active customers as on September 30 2020;• Crossed ?102299.09 million deposit as on September 30 2020;• Launch of DigiGen – Fully integrated paperless and digital account opening and KYC process;• Launched Two-Wheeler Loan2021• Our gross AUM was ? 153473.37 million as on March 31 20212023• We have recorded our highest ever PAT of ? 2559.71 million for the financial year ended March 31 2023;• Investment of ? 3066.19 million raised by new investors;• Investment by Dovetail Deepak Talwar Volrado Singularity in the Bank of ?200 million ? 10 million ?530 million and ? 380 million respectively;• We have a pan-India distribution network and as on March 31 2023 we crossed 754 branches of which 272 are Unbanked Rural Centers and 61 ATMs;• Our gross AUM was ?201018.01 million as on March 31 2023