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Ujjivan Small Finance Bank IPO allotment: How to check your status

NEW DELHI : After receiving an overwhelming response for its ₹750 crore initial public offering (IPO), Ujjivan Small Finance Bank is likely to finalise allotment of shares today. Ujjivan Small Finance Bank IPO was oversubscribed by more than 165 times and is now the most subscribed IPO of 2019. If you had invested in the IPO, then you can check the status ... Read More »

Stellar response to Ujjivan Small Finance Bank: 7 IPOs got subscribed in double-triple digits in 2019

The primary market has seen 15 initial public offerings (IPOs) in 2019, less than the 21 public offers launched in 2018. This was due to weak market conditions, a slowdown in the economy and the liquidity crisis. In fact, the amount raised by these 15 IPOs was also far less than that raised in 2018. The 15 companies that went ... Read More »

Ujjivan Small Finance Bank IPO closes today: Key things to know before investing

The IPO of Ujjivan Small Finance Bank, which has seen strong response from retail investors, closes today. The ₹750 crore IPO had opened on Monday at a price band of ₹36-37 per share. Ujjivan Small Finance Bank will use most of the IPO proceeds for increasing its Tier-1 capital base to meet its future capital requirements. The lot size in Ujjivan Small Finance ... Read More »

Subscribe to Ujjivan Small Finance Bank: Aditya Birla Money

Aditya Birla Money’s IPO report on Ujjivan Small Finance Bank   Ujjivan Small Finance Bank Ltd (USFB), promoted by Ujjivan Financial Services Ltd (UFSL), is a mass market focused small finance bank (SFB), catering to the unserved & underserved segment. USFB is doing an IPO to meet the RBI regulation which requires the SFB to list within a period of 3 ... Read More »

Ujjivan Small Finance Bank IPO over 40% subscribed in 2 hours: Key things to know

The IPO of Ujjivan Small Finance Bank opened today for subscription and the lender is looking to raise ₹750 crore through this issue. The bank has set a price band of ₹36-37 per share and the issue closes on Wednesday. The bank will utilise the proceeds of IPO for increasing its Tier-1 capital base to meet its future capital requirements and towards meeting the ... Read More »

How To Empower The Next Generation Of Finance Leaders

The complex field of investment management is steadily evolving, and this means leaders from all sectors must keep their eyes peeled for new talent. But balancing retention and professional development on top of the seemingly endless recruitment process for top talent can be burdensome for business owners. To help remove some of the burden, here’s a rundown of what investment ... Read More »

ICICI Bank closes its dedicated project finance vertical, to continue infra lending through corporate finance vertical

ICICI one of the largest private-sector lenders in India, has shut down its dedicated project finance vertical amid a slowdown in demand for such loans and as part of the bank’s strategy to focus on retail banking, multiple people aware of the move confirmed to CNBC-TV18. A “handful” of people that were part of the project finance vertical have been ... Read More »

Bajaj Finance to launch QIP next week: Sources

Bajaj Finance will look to issue its qualified Institutional placement (QIP) next week, according to a CNBC-TV18 flash. The size of the QIP is reportedly about Rs 8,500 crore and its price band is likely to be between Rs 3,810–3,900 per share. Five to six domestic and foreign bankers  have been appointed for the issue of the QIP. Bajaj Finance posted a net profit ... Read More »

Ujjivan Small Finance Bank gets SEBI nod to float IPO

Ujjivan Small Finance Bank Ltd, a unit of non-bank lender Ujjivan Financial Services Ltd, has received regulatory nod to float an initial public offering (IPO). The Securities and Exchange Board of India (SEBI) issued final observation to Ujjivan SFB’s IPO proposal on 16 October, according to information published on SEBI’s website. This makes Ujjivan SFB the 24th company to receive ... Read More »

Reliance on short-term funding poses risk to vehicle finance companies: Moody’s

Many Indian lenders have diversified into other businesses, such as home equity financing and business lending, which carry lower rates than any type of vehicle finance and suppress their overall asset yields. Heavy reliance on short-term wholesale funding and thin liquidity pose common risks for Indian vehicle finance companies. Vehicle finance companies in India are among the fastest growing in ... Read More »