Ujjivan Small Finance Bank (USFB) IPO Details. Ujjivan Financial Services holds an 80 percent stake in the bank. India Business News: Ujjivan Small Finance Bank's initial public offering (IPO) showed heavy demand as the issue was subscribed a whopping 165.64 times by the investors. Affordable housing loans 3. Staff will not be eligible for Senior Citizen rates. Ujjivan Small Finance Bank Limited has informed the Exchange regarding the alteration in Memorandum of Association of the Bank consequent to change in Registered Office Offers price is Rs.177 to Rs.178. The price range for the offer was fixed at Rs 36-37 per share. The bank aims to work for the financial inclusion of the country. Ujjivan Small Finance Bank (USFB) IPO is going to hit the market on 29th November 2019. Ujjivan Small Finance Bank offers all financial types of assistance under little Account Bank. Tags IPO Nitin Chugh Ujjivan Financial Services Ujjivan Small Finance Bank Ujjivan Small Finance Bank IPO . On sixteenth August, the organization has documented a draft plan with advertise controller SEBI. Meanwhile, the recently-concluded CSB Bank IPO’s high net-worth individual (HNI) portion was also oversubscribed by a massive 165 times. New Delhi: Ujjivan Small Finance Bank's (USFB) initial public offering (IPO) has received 165.55 times subscription on the third and last day of the bidding process. Available on Web and Android. Ujjivan Small Finance Bank Ltd. said that it has taken steps to address the Reserve Bank of India’s observations ranging from violation of priority sector lending guidelines to lack of a system to detect fraud. The small finance bank has fixed the bid lot at 400 shares and equivalent multiples thereafter, and aims to garner approximately Rs 750 crore via the three-day issue (till December 4). Equitas SFB is yet to go public. Ujjivan Small Finance Bank is coming out with its Rs 750 crore initial public offering on December 2. Ujjivan Small Finance Bank Ltd IPO Message Board (Page 2) IPO Details; Reviews . Finalization of Basis of Allotment – 9-Dec-2019. Use code SUPERPRO. ET Intelligence Group: Ujjivan Small Finance Bank (USFB) plans to raise Rs 750 crore through an initial public offering (IPO) of fresh equity shares to augment its tier I capital.Apart from having a strong presence in the country’s microfinance sector, the bank has started focusing on the retail loan segment. Dilip Davda; Rudra Shares & Stock Brokers Ltd; Subscription; News; Allotment; BoA; FAQs; Messages; 1259. New Delhi: Ujjivan Small Finance Bank (USFB), which caters to the unserved and underserved population of the country, is planning to raise Rs 750 crore through an initial public offer (IPO), which will open on Monday (December 2).Price band of the IPO is Rs 36-37. The retail investor portion was subscribed nearly 9 times. Ujjivan Small Finance Bank will launch its initial public offer (IPO) today at a price band of Rs 36 to Rs 37 per share. However, only 10 per cent of the shares on offer were reserved for retail investors, against the usual 35 per cent. UJJIVAN SMALL FINANCE BANK IPO NEWS | खुल रहा है 02 DEC -10 बड़ी बातें | Latest IPO Share Market - Duration: 13:39. The proposed issue will see promoter shareholding falling to 85 percent post the IPO. Ujjivan Small Finance Bank IPO Schedule. IPO Shares Listing Date – 12-Dec-2019. Ans: Ujjivan Small Finance Bank IPO is a Mainboard IPO. Ujjivan Small Finance Bank IPO … Ujjivan Small Finance Bank, the most subscribed initial public offering of this calendar, is likely to get listed on December 12 at a hefty premium to the issue price, suggests the buzz in the grey market for unlisted securities. Ujjivan Small Finance Bank (Ujjivan SFB) Ujjivan Small Finance Bank (Ujjivan SFB) caters to the unserved and underserved and has a presence in over 24 states and UTs. Ujjivan Small Finance Bank IPO Analysis Company Overview. It is not surprising then that Ujjivan Small Finance Bank’s Rs 750-crore IPO was oversubscribed on the very first day of bidding on Monday. Credit of shares to Demat Accounts – 11-Dec-2019. Limited period offer. Ujjivan Small Finance Bank launched its three-day initial public offering today as its parent looks to comply with the Reserve Bank of India’s licensing and listing norms.. Ujjivan Small Finance Bank’s initial public offering (IPO) opened for subscription on Monday, December 2, and has already been subscribed 1.05 times even before the end of the first day of bidding. You may like: Best Index Funds to invest in India. Offer Opens – 2-Dec-2019. Ujjivan Small Finance Bank (USFB) on Saturday said it has mopped up ₹303.75 crore from anchor investors ahead of its Initial Public Offering (IPO), which commences on December 2. # 2. Rahul Wgl Dec 12, 2019 16:20. NEW DELHI: The initial public offering (IPO) of Ujjivan Small Finance Bank was fully subscribed on the first day of bidding itself. You May Also Like. Incorporated in 2017, Ujjivan Small Finance Bank Limited (USFB) offers small finance to underserved & unserved segments in India. The IPO saw heavy demand across investor categories and logged an aggregate 166 times subscription. Promoter, Ujjivan Financial Services Limited (UFSL), commenced the operations as an NBFC in 2005, is the holding company of the bank. # 1. Unblocking of ABSA and Initiation of Refunds – 10-Dec-2019. Ujjivan Small Finance Bank IPO gets third-highest demand ever By Ankit Doshi 04 December, 2019 Photo Credit: 123RF.com. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Ujjivan Small Finance Bank Ltd received a staggering response from investors to its initial public offering on the final day on Wednesday with the issue being the third most oversubscribed IPO in India. Investor can apply between 1 … Offer Closes – 4-Dec -2019. The bank has fixed a price band of Rs 36-37 per share for its IPO. Presently, it is intending to discharge an Initial public offering worth Rs 1,200 crore. Agriculture and allied loans 2. The initial public offer (IPO) of Ujjivan Small Finance Bank will open today. ProCapital.MohdFaiz 54,525 views 13:39 Ujjivan Small Finance Bank IPO opens today: All you need to know Updated : December 02, 2019 08:41 AM IST . SHARE. Bought 4000 @ 55.40, any suggestions guys, I am confident that USFB is not a CSB and hence doesnt behave in the same way.. 1259.1. Total number of 19,77, 4012 shares offered through public issue. See the latest updates, context, and perspectives about this story. 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