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Ujjivan Bank IPO is a book built issue of Rs 750.00 crores.
Ujjivan Bank IPO bidding started from December 2, 2019 and ended on December 4, 2019. The allotment for Ujjivan Bank IPO was finalized on Monday, December 9, 2019. The shares got listed on BSE, NSE on December 12, 2019.
Ujjivan Bank IPO price band is set at ₹36 to ₹37 per share. The minimum lot size for an application is 400 Shares. The minimum amount of investment required by retail investors is ₹14,800.
Iifl Securities Ltd, Jm Financial Limited and Kotak Mahindra Capital Company Limited are the book running lead managers of the Ujjivan Bank IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to Ujjivan Bank IPO RHP for detailed information.
| IPO Date | December 2, 2019 to December 4, 2019 |
| Listing Date | December 12, 2019 |
| Face Value | ₹10 per share |
| Price Band | ₹36 to ₹37 per share |
| Lot Size | 400 Shares |
| Total Issue Size | 208,333,333 shares (aggregating up to ₹750.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 1,525,520,467 |
| Share holding post issue | 1,728,223,169 |
Ujjivan Bank IPO offers 123,958,333 shares. 56,250,000 (45.38%) to QIB, 28,125,000 (22.69%) to NII, 18,750,000 (15.13%) to RII. 46,875 RIIs will receive minimum 400 shares and (sNII) and (bNII) will receive minimum 5,600 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 56,250,000 (45.38%) | NA |
| NII (HNI) Shares Offered | 28,125,000 (22.69%) | |
| Retail Shares Offered | 18,750,000 (15.13%) | 46,875 | Other Shares Offered | 20,833,333 (16.81%) | NA |
| Total Shares Offered | 123,958,333 (100%) |
Ujjivan Bank IPO opens on December 2, 2019, and closes on December 4, 2019.
| IPO Open Date | Monday, December 2, 2019 |
| IPO Close Date | Wednesday, December 4, 2019 |
| Basis of Allotment | Monday, December 9, 2019 |
| Initiation of Refunds | Tuesday, December 10, 2019 |
| Credit of Shares to Demat | Wednesday, December 11, 2019 |
| Listing Date | Thursday, December 12, 2019 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 4, 2019 |
Investors can bid for a minimum of 400 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹14,800 |
| Retail (Max) | 13 | 5200 | ₹192,400 |
| Lot Size Calculator | |||
Ujjivan Financial Services Limited (UFSL) is the promoter of the company.
| Share Holding Pre Issue | 94.40% |
| Share Holding Post Issue | 83.32% |
1. Agriculture and allied loans 2. Affordable housing loans 3. Loans to micro banking customers 4. Personal loans 5. Financial institutions group loans 6. Vehicle loans 7. MSE loans
The bank has a diversified portfolio offering savings, current & deposit accounts, Aadhaar enrolment services, ATM-cum-debit cards, point of sales terminals, and distributing 3rd party insurance products. USFB is focussed on digital platform and provides bill payments, SMS banking, mobile banking, RuPay Platinum debit cards, internet banking, biometric ATMs services digitally. The bank also allows registering savings account on UPI based mobile applications. It has an automated tablet-based loan origination system, digitalised credit processing and automated receipt collection system to reduce the turn around time of customers.1. Serving mass-market segment of unserved and underserved 2. Multiple delivery channels 3. Pan-India presence 4. Digitally advanced platform 5. An established risk management framework
| Particulars | For the year/period ended (Rs in Million) | |||
|---|---|---|---|---|
| 30-Sept-19 | 31-Mar-19 | 31-Mar-18 | ||
| Total Assets | 1,61,078.96 | 137,422.15 | 94,728.73 | |
| Total Revenue | 14,348.57 | 20,375.75 | 15,793.55 | |
| Profit After Tax | 1,871.10 | 1,992.18 | 68.63 | |
USFB proposes to utilize the Net Proceeds from the Issue towards following objects:
1. Augmenting the Bank's Tier - 1 capital base to meet our Bank's future capital requirements
2. Meeting the expenses in relation to the Issue
3. Receive the benefits of listing the Equity Shares on the Stock Exchanges
[Dilip Davda] This is the second BFSI segment main board IPO in a row in last fortnight. Grey market has seen overwhelming activities for this IPO too and hence listing gainers/short term investors will respond to this issue as well. Based on financial parameters and compare with listed peers, USFB's reasonably priced IPO may be considered for long term investment. Read detail review...
The Ujjivan Bank IPO is subscribed 165.66 times on December 4, 2019 7:49:03 PM. The public issue subscribed 48.97 times in the retail category, 110.72 times in the QIB category, and 473.00 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 110.72 |
| NII | 473.00 |
| Retail | 48.97 |
| Others | 4.13 |
| Total | 165.66 |
| Listing Date | December 12, 2019 |
| BSE Script Code | 542904 |
| NSE Symbol | UJJIVANSFB |
| ISIN | INE551W01018 |
| Final Issue Price | ₹37 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹37.00 |
| ₹58.00 |
| ₹53.10 |
| ₹62.80 |
| ₹55.90 |
| NSE |
|---|
| ₹37.00 |
| ₹58.75 |
| ₹53.05 |
| ₹62.80 |
| ₹55.95 |
Ujjivan Small Finance Bank Ltd
Plot No. 2364/ 8,
Khampur Raya Village, Shadi Kampur,
Main Patel Road, New Delhi 110 008, India
Phone: +91 11 3043 2121
Email: https://www.ujjivansfb.in/
Website: https://www.ujjivansfb.in/
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/
Ujjivan Bank IPO is a main-board IPO of 208,333,333 equity shares of the face value of ₹10 aggregating up to ₹750.00 Crores. The issue is priced at ₹36 to ₹37 per share. The minimum order quantity is 400 Shares.
The IPO opens on December 2, 2019, and closes on December 4, 2019.
Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Ujjivan Bank IPO opens on December 2, 2019 and closes on December 4, 2019.
Ujjivan Bank IPO lot size is 400 Shares, and the minimum amount required is ₹14,800.
You can apply in Ujjivan Bank IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Ujjivan Bank IPO will be done on Monday, December 9, 2019, and the allotted shares will be credited to your demat account by Wednesday, December 11, 2019. Check the Ujjivan Bank IPO allotment status.
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