Tag Archives: Ujjivan

Ujjivan Small Finance Bank shares make stellar debut, gain 51%

Mumbai: Shares of Ujjivan Small Finance Bank made a bumper debut on the stock market on Thursday. The stock closed at ₹55.95, up 51.21% from its issue price of ₹37, after opening at a premium of 58.78%. The initial public offering (IPO) with a price band of ₹36-37 per share was open for subscription on 2-4 December. The IPO was subscribed 170 times on the final day of ... Read More »

Ujjivan Small Finance Bank IPO allotment done, listing likely tomorrow

NEW DELHI : After the allotment of shares for Ujjivan Small Finance Bank’s initial public offering (IPO) was completed yesterday, listing is likely to be held tomorrow, December 12. If you had applied for the Ujjivan bank’s IPO, it is likely that your stock broker has already sent you the status of your allocation. If not, then you can go to ... Read More »

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 »

Ujjivan Small Finance Bank raises capital in pre-IPO round

MUMBAI : Ujjivan Small Finance Bank has raised ₹250 crore in a pre-initial public offering (IPO) round led by India Infoline (IIFL) group’s funds, a private equity fund of Avendus Capital and Akash Bhanshali of Enam Group. The pre-IPO round closed on Wednesday. The lender’s filings with the registrar of companies (RoC) shows that funds managed by IIFL invested around ₹136 crore in the pre-IPO round. The ... 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 »