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Ujjivan Small Finance Bank Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

745.95 cr

Price Range (₹)

37

Lot Size

400

Min Investment (₹)

14,800.00

Listing Exchange

MumbaiNSE

Open Date

02-Dec-2019

Close Date

04-Dec-2019

Listing Date

12-Dec-2019

Latest IPO News

    The Shares of Ujjivan Small Finance Bank Ltd have now been listed.

    Ujjivan Small Finance Bank Ltd IPO Details

    Initial Public Offer of 202,702,702^ equity shares of face value of Rs.10 each (equity shares) of Ujjivan Small Finance Bank Limited (bank or issuer) for cash at a price of Rs.37# per equity share (including a share premium of Rs.27 per equity share) aggregating to Rs.745.95 Crores* (issue). The issue included a reservation of 20,270,270#^ equity shares, aggregating to Rs.70.95# Crores, for subscription by eligible ufsl shareholders (ufsl shareholder reservation portion). The ufsl shareholder reservation portion did not exceed 10% of the issue. The issue less the ufsl shareholder reservation portion is hereinafter referred to as the net issue. The issue and the net issue constitutes 11.73% and 10.56%, respectively, of the post-issue paid-up equity share capital of the bank.The face value of the equity shares is Rs.10 each. The issue price is Rs.37 per equity share and is 3.7 times the face value of the equity shares. The anchor investor issue price is Rs.37 per equity share.^ Subject to finalisation of the basis of allotment* The bank has, in consultation with the brlms, undertaken a pre-ipo placement of 71,428,570 equity shares for cash consideration aggregating to Rs.250 Crores.#A Discount of Rs.2 per equity share was offered to eligible ufsl shareholders (as defined below) bidding in the ufsl shareholder reservation portion (ufsl shareholder discount).

    Objective of issue

    To Augmenting the Bank's Tier-I Capital base to meet the Bank's future Capital Requirements.

    Ujjivan Small Finance Bank Ltd Contact Details

    Ujjivan Small Finance Bank Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - corporatesecretarial@ujjivan.com

    Website - https:, www.ujjivansfb.in