Jana Small Finance Bank (SFB) is set to launch its IPO

shares offered at a price range of Rs. 393 to Rs. 494 per share

Jana Small Finance Bank IPO was at a 26.09% premium

The IPO will be lead managed by Axis Capital,

Jana Small Finance Bank offers small ticket loans

The bank's deposits surged notably between March 2021

The IPO was subscribed 88% on the first day of the bidding process

The company's financials and brand recognition are among its strengths

The IPO's success will depend on factors such as subscription numbers

Analysts remain divided on the IPO and its potential gains