In the ONLINESBI.COM, we can see the application for UJIVAN IPO. It will be fully open only around 10 am tomorrow. Now my doubt is, whether we can apply in a single-shot for the RETAIL CATEGORY & the SHAREHOLDER category(or) we have to make 2-applications for the same demat a/c (i.e) one for RETAIL category AND another for SHAREHOLDER category. Anybody, please clarify.
199.1. Johny| Link| Bookmark|
December 1, 2019 10:12:42 AM
IPO Mentor (700+ Posts, 1000+ Likes)
You cannot apply in single application for both SH and RET. It will be considered as HNI if you do. Max Limit under SH is 2 Lac. Apply for SH and RET separately.
SH and RET application need not be same Demat.
SH application Demat should be same as one holding Ujjivan and eligible for SH quota. You should have received an Email with the eligible demat id.
Yes, as a shareholder of UFSL, I got an e-mail last week(20/11/19). So I will make one application under the SHAREHOLDER category and another application with the normal RETAIL category. Both applications with the same demat a/c. Thanks.
Guys please help me out... Can i apply through both the category retail + shareholder (i am shareholder since last 3 months) If yes please share written confirmation about it Coz i heard 2 applications from one pan number is not acceptable...both will be rejected Please clear my doubt with proper references
Your query was already answered so many times earlier. Kindly refer to the earlier queries on the same question. Yes, it possible (i.e) max. 2-lakhs each, under RII & shareholder category. thanks.
Dear Arjun, what do you thinks should be the optimized no of lots to be applied in the share holders category .. given your estimate on no of times the share holders category may get subscription .. 3 .. lots 4 lots ?
I am a shareholder of UFSL. Can I apply in both the retail category and shareholder category from the same demat a/c? My application should not get rejected. Please clarify. thanks.
Please check further. You can apply in shareholders and retail car but both together added should not exceed two lakhs. Please confirm then apply. Both applications should not be rejected at any cost. Not getting allotment is different but rejection can be avoided
@ Athar, I've checked with Karvy. Below is the email received.
Dear Investor,
Unit : UJJIVAN SMALL FINANCE BANK LIMITED
We thank you for your e-mail with respect to your application in the subject IPO.
We understand your concern, you can bid the application up to 2 lakhs in both categories separately. (i.e. Retail & Shareholder)
This is for your information.
Best Regards, Karvy Fintech Pvt Ltd
Investor Service Toll Free No. : 1-800-3454-001
191.8. dpcdsl| Link| Bookmark|
November 30, 2019 12:06:20 AM
Top Contributor (400+ Posts, 200+ Likes)
Please check email sent by UFSL to all its share holders wherein it clearly mentioned as follows:
Please note that a Bidder Bidding in the UFSL Shareholders Reservation Portion, subject to the Bid Amount (net of UFSL Shareholder Discount) being up to Rs. 200,000, can also Bid under the Net Issue portion and such Bids will not be treated as multiple Bids. To clarify, an Eligible UFSL Shareholder Bidding in the UFSL Shareholders Reservation Portion above Rs. 200,000 cannot Bid in the Net Issue as such Bids will be treated as multiple Bids and would be liable to be rejected.
If the bid amount is less than 2 lacs then u can apply in retail category ( net issue). If the bid amount is above 2 lacs then you can't apply in retail category n your application will be rejected. Hope it's clear with you.
hello all .. what do you think .. how many times the share holders category will subscribe ... any idea on no of share holders eligible for applying ? ..
I have a basic question to all masters; If there is over subscription in Share holder category; what will be the allotment process; Lottery or Proportionate; also please guide where we can find this
190.1. dpcdsl| Link| Bookmark|
November 30, 2019 8:05:16 PM
Top Contributor (400+ Posts, 200+ Likes)
Allotment in UFSL Share Holder's category shall be on 'proportionate basis' subject to minimum shares of one lot, i.e.,400. Thus initially allotment is on 'proportionate basis.' but in case of oversubscription 'lottery system' shall be applied. Having said that please note approx. 55,000 lots are available for 1,10,000 share holders (as on 22/11/2019) means out of 2, I shall get one lot for sure even if all share holders apply.
The following information available in the email sent by UFSL on 27/11/2019 to all its share holders:
"The IPO comprises of a fresh issue of the equity shares of Rs. 10 each by the Bank, aggregating up to Rs. 7,500 million ("Issue"). Please note that a portion of the Issue, aggregating up to Rs. 750 million, has been made available for the Eligible UFSL Shareholders (defined below), on a proportionate basis."
If there is oversubscription in shareholder quota application wise then allotement is like retail means lottery system. Am I right? Correct me if I m wrong.
190.3. dpcdsl| Link| Bookmark|
November 30, 2019 8:28:15 PM
Top Contributor (400+ Posts, 200+ Likes)
Yes. In RII category more than 15 times oversubscription is expected means 1 out of 15 shall get allotment while in share holders category 1 out of 2 may get allotment.
Hello boss, I bought one share of UFSL on 20/11/19 and it came to my demat a/c at 9 pm on 22/11/19. But I did not get any Ujivan shareholder mail. How to confirm whether we are eligible to apply under the shareholder quota?
Yes, Mr.Papon, I have got the e-mail from UFSL, inviting me to apply for the UJIVAN BANK IPO in the shareholder category. Actually, the e-mail was not in the normal IN-BOX folder of my e-mail; it was in the TRASH folder of my e-mail. Just now I saw that. Thanks.
189.6. phrao| Link| Bookmark|
November 30, 2019 7:48:13 PM
Top Contributor (400+ Posts, 500+ Likes)
if your shares are in broker account, You're not eligible and also you don't get any conformation mail also
188. phrao| Link| Bookmark|
November 30, 2019 7:46:03 PM
Top Contributor (400+ Posts, 500+ Likes)
MUST CHECK WHETHER YOUR HOLDING SHARES ARE IN DP ACCOUNT OR BROKER ACCOUNT
if your shares are in broker account, You're not eligible and also you don't get any conformation mail also
187. Eagleye| Link| Bookmark|
November 30, 2019 5:18:39 PM
IPO Guru (6600+ Posts, 21900+ Likes)
can any one can told How Many Shareholders are eligible for Apply in Shareholder Reservation Portion ? ( Means Number of Shareholders eligible to apply )
181. Eagleye| Link| Bookmark|
November 30, 2019 8:29:52 AM
IPO Guru (6600+ Posts, 21900+ Likes)
Ujjivan SFB IPO - Schedule (Pg #331 of RHP)
27th Nov - Announcement of Price Band 29th Nov - Anchor Investors Allotment 02nd Dec - Offer Opens 04th Dec - Offer Closes 09th Dec - Finalisation of Basis of Allotment 10th Dec - Unblocking of ASBA Accounts 11th Dec - Credit of Equity Shares to Depository Accounts 12th Dec - Commencement of Trading
181.1. Eagleye| Link| Bookmark|
December 9, 2019 6:59:10 AM
IPO Guru (6600+ Posts, 21900+ Likes)
✅
180. KING VINOD| Link| Bookmark|
November 29, 2019 4:43:21 PM
IPO Guru (2400+ Posts, 5300+ Likes)
Apply USFB for Listing Gains
180.1. KING VINOD| Link| Bookmark|
November 29, 2019 4:54:12 PM
IPO Guru (2400+ Posts, 5300+ Likes)
Day by day GMP Moving up Today's GMP 18.50 @ 5pm
180.2. sonal patel| Link| Bookmark|
November 30, 2019 7:51:19 AM
IPO Guru (1500+ Posts, 5700+ Likes)
Not only for listing gain... Also for long term ...