AU Small Finance Bank (AUSFB) was one of the ten NBFCs which had obtained approvals from RBI for setting up a small finance bank (SFB), provider, will be launching public issue today.

It is coming out with an initial public offering (IPO) of about 53.4 million equity shares of face value of Rs 10 each. The issue is priced at Rs 355-358 a share. The issue closes on June 30.

The shares will list on both the BSE and the NSE. The book running lead manager to the issue is ICICI Securities, HDFC Bank, Motilal Oswal Investment Advisors, Citigroup Global Markets India Private.