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Recommendation: Buy; Target price: ₹1215

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The only book running lead manager for the offer is Khambatta Securities Limited, and the offer's registrar is KFIN Technologies Limited.

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Collections and Net Operating Cash flow also saw significant increases, rising by 43% to ₹2,411 crore and 45% to ₹798 crore, respectively, in Q3FY24

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Recommendation: Reduce; Target price: ₹160

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The company is partnering with HCL Group for the project, with an initial investment of ₹1,200 crore

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Recommendation: Add; Target price: ₹800

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The price band is fixed at ₹445 to ₹468 per equity share

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Analysts at IIFL Securities undertake monthly dealers’ check to summarize pricing actions.

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Jana Small Finance Bank aims to raise ₹570 Crore through its initial offer

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The company is partnering with HCL Group for the project, with an initial investment of ₹1,200 crore

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