Ujjivan Small Finance Bank Ltd IPO Message Board (Page 61)

Ujjivan SFB IPO - Schedule *(Tentative)* *(Revised)*

27th Nov - Announcement of Price Band
29th Nov - Anchor Investors Allotment
02nd Dec - Offer Opens
04th Dec - Offer Closes
10th Dec - Finalisation of Basis of Allotment
11th Dec - Unblocking of ASBA Accounts
11th Dec - Credit of Equity Shares to Depository Accounts
12th Dec - Commencement of Trading


Ujjivan SFB IPO - Issue Information *(Tentative)*

Issue Opens on: 02 December 2019
Issue Closes on: 04 December2019
Issue Type: Book Built Issue IPO
Issue Size: 20,38,61,003 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.36 - Rs.37 per Share*(Tentative)* (for UFSL Shareholders 2/- Discount)
Market Lot: 400 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 1,44,00,36,800 Shares
Pre-IPO placement of 7,14,28,571 Shares @35/- = Rs.250.00 Crores
UFSL Shareholders reservation of 2,14,28,571 Shares @35/- = Rs.75.00 Crores
Net Fresh Issue of 18,24,32,432 @37/- = Rs.675.00 Crores
Equity Shares outstanding after the Issue = 1,71,53,26,374 Shares

Category-wise Break up:
Anchor - 8,20,94,594 Shares = 303.75Crs
QIB - 5,47,29,730 Shares = 202.50Crs
NII - 2,73,64,865 Shares = 101.25Crs
RII - 1,82,43,243 Shares = 67,50Crs (Lot size: 400 = 45,608 Forms)
UFSL Shareholders - 2,14,28,571 Shares = 75.00Crs (@35 per Share)
Total Issue - 20,38,61,003 Shares = 750.00Crs.

Subscription required for 1X
RII = 45,608 Forms
NII = 101.25Crs

Interest cost @8.00%p.a. for 7days = 5.68paise for 1X


Ujjivan SFB IPO - Financial Information (Basis of Valuation - DRHP)

EPS for FY16-17 >>> Rs.0.00 (Page #75 of DRHP)
EPS for FY17-18 >>> Rs.0.05 (Page #75 of DRHP)
EPS for FY18-19 >>> Rs.1.20 (Page #75 of DRHP)
EPS for Q119-20 >>> Rs.0.66 (Page #75 of DRHP)

RoNW for FY16-17 >>> 0.00% (Page #76 of DRHP)
RoNW for FY17-18 >>> 0.42% (Page #76 of DRHP)
RoNW for FY18-19 >>> 9.49% (Page #76 of DRHP)
RoNW for Q119-20 >>> 4.94% (Page #76 of DRHP)
      
NAV as on June 30, 2019 was Rs.13.29 (Page #76 of DRHP)

Listed Industry Peer Group (Page #76 of DRHP):
AU Small Finance Bank
Equitas Holdings
Bandhan Bank
CreditAccess Grameen
RBL Bank
DCB Bank


Ujjivan SFB IPO - *Market's Current Estimates of oversubscription*:

RII = 15.00L Forms = 32.89X Applic. wise (Avg allotment of ~12.16 shares per lot)
NII = 30.0K Crs. = ~296.30X

Interest cost @7.50%p.a. for 7days = 5.32paise for 1X

Thus, for NII the costing = 296.30 X 5.32paise = Rs.15.77 per share (= GMP)

And, for RII the costing = 12.16 X 15.77 = Rs. ~192/- (= Kostak)

Ujjivan SFB IPO- *GMP Estimated*
GMP 15.75 +/- 0.25
Kostak 200/-

Sir
what will be the procedure to apply in shareholder category(I hold shares in my name for last 3 months)

Tomorrow 26 nov press conference by ujjivan small finance bank at 12.30 pm to disclose about the ipo

Press conf already postponed, looks like due to karvey glitch this IPO dates are still tentative, no any news on RHP also.

Can one apply for shareholder quota via SBI, Canara Bank and HDFC bank netbanking. Thanks in advance

Gmp of usfb is 13.50-14...

@Aniketiaf
If someone buy 1 share of ujjivan today, does he qualify as shareholder to subscribe in this ipo?

As I read somewhere below, the cut off date for shareholder quota is 25th Nov. If thats the case, as per my understanding, whoever bought ujjivan on 21st Nov should be eligible. Anyone buying later is not as it takes T+2 days to get the name updated in with registrar.

Don't delay, buy it asap as cutoff date is yet to be announced officially. Only rumors are there...

RHP is yet to be filled as per SEBI.

Refund of cbs can be use in this IPO so this ujjivan will subscribe more..

Me kya kal 1 stock ujjivan ka leke share holder quota se apply kr skta hu? Plz reply krna

As CSB bank money will be Released on 3rd Dec.
All the Fund Houses Have urged Ujjivan BRLM to delay IPO by a day. Therefter BRLM have delayed IPO to 2nd Dec.
Now all the Fund Houses are ready to Fund Money for CSB bank as now on 3rd Money will be Released and the same will be Funded for Ujjivan.
Huge Demand for Ujjivan is seen. In a Scene of Liquidity Crunch Fund Houses have asked for more Money.
I am Noticing 20000 CR demand seeing the Premium.
Let PB official announcement and See that Premium is Stable Post Announcement.

On seeing Liquidity Crunch in market.
But My retail friends have Garnered 800 CR till now for this IPO.

Keep Investing.

How can I apply shareholders kota

Ujjivan IPO
Calculation methods of Net Issue Size:

Total IPO size Rs.1,000Crs.
Less: PreIPO placement of Rs.250Crs
= Balance issue size of Rs.750Crs

Less: reservation for UFSL Shareholders of 75Crs (10% of Rs.750Crs.)
*= Net Issue of Rs.675Crs.*

Ujjivan SFB IPO - *Market's Current Estimates of oversubscription*:

RII = 10.00L Forms = 21.93X Applic. wise (Avg allotment of ~18.24 shares per lot)
NII = 25.0K Crs. = ~246.91X

Interest cost @8.00%p.a. for 7days = 5.68paise for 1X

Thus, for NII the costing = 246.91 X 5.68paise = Rs.14.02 per share (= GMP)

And, for RII the costing = 18.24 X 14.02 = Rs. ~256/- (= Kostak)

Ujjivan SFB IPO- *GMP Estimated*
GMP 14 +/- 0.25
Kostak 250/-

Ipo opens from 2nd Dec

Pls comment any experts regarding RITES OFS. What should be bidding price?

Rites ofs issue is under subscribed.
All retail applicants will be allotted in full
There is gain of around 6 Rs per share considering 5% discount on cutoff price

Waste

I HAVE PURCHASED UJJIVAN SHARE ON 21-11-2019 AND CRDITED IN DEMAT TODAY ON 25-11-2019 . WILL I BE ELIGIBLE FOR SHARE HOLDER QUOTA?

Yes, since RHP is not submitted. It will be filled by tomorrow.

USFB

Confirmed from Company Circle

IPO Size 750 CR
Retail 10% ie 67.5 CR
Shareholder Portion 10% 75 CR

PRICE 35 ~ 37

Date Likely 2nd Dec or 29 Nov

Company Placed PREIPO @35 to
Bhansali Group
IIFL

Retail Discount NIL
Shareholder Discount Re 1
Cut off Date: 22 Nov 2019

price band 2 rs badh kyu gaya ,pehle to 34-35 tha na and 425 share for 1 lot

RHP is yet to be filled. Hence date of submission of RHP is to be considered.

Dear Sir,

My mobile no. registered in 3 diff bank account.

Can I generate UPI id of 3 diff bank account with same mob number ?

Please reply. Thanks in advance.

3 diff bank account with 3 diff name.

No if same phone no. is registered with 3 different accounts

Ujjivan SFB IPO
GMP 14.00 +/- 0.25

hi my one question

from one saving account can i apply two application both different name

in saving account in sbi both name is jointly

pl guide

If the 2 applications have 2 different PAN, you can apply 2 application...

Where are the company circle news? We are eagerly waiting for.

RHP ?

Anyone has link for RHP. Is it out yet.

Hello friends, can one apply under shareholder reservation category using on-line ASBA facility and also another application under retail category? I have net banking facility of SBI and my demat account is not with SBI but with a discount broker. I have applied for few IPOs using net banking (ASBA) facility, in retail category, but never in shareholder category.

Dear Medge thanks for reply

When you will apply through SBI netbanking there you will get option to select category, for ujjivan it will show individual and shareholder options.
So yes you can apply in both category with to different applications using SBI net-banking.

Is ban on Karvy by SEBi affect these IPO? Are our money safe in IPO which is handling by Karvy? Kindly guide...

Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.

UJJIVAN SFB
OPEN 29 CLOSE 3RD
SHAREHOLDER DISCOUNT 2 RS
RETAIL DISCOUNT NIL
SHAREHOLDER SIZE 75 CR
RETAIL 67.5
SHAREHOLDER RECORD DATE 22 NOVEMBER

Until n unless officially announced, rumors are bound to spread .. Anyway this is almost final

It would be great if you could add "tentative" , until it's official, for all of our benefit like other chittorgarh experts are doing when they are not sure.