Ujjivan Bank IPO Opens on 2nd Dec 2019


IPO Investment Portal
Incorporated in 2017, Ujjivan Small Finance Bank Limited (USFB) is a small finance bank offering services to underserved & unserved categories in India. Ujjivan Financial Services Limited (UFSL) is the promoter of the bank. It aims for financial inclusion of the country by providing financial services to economically poor sections.

USFB provides a diversified portfolio including loan products, savings, current & deposit account, Aadhaar enrolment services, 3rd-party insurance products, ATM-cum-debit cards, and point of sales terminals. The bank works on advanced technology-driven services to reduce the turn around time of customers.

Ujjivan Bank IPO public issue detail:
  • Issue Open: Dec 2, 2019 - Dec 4, 2019
  • Issue Type: Book Built Issue IPO
  • Fresh Issue: 342,857,142 Eq Shares
  • Face Value: Rs 10 Per Equity Share
  • Listing At: BSE, NSE
For more detail visit Ujjivan Bank IPO Details page.
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IPO Investment Portal
Ujjivan Bank IPO Issue Detail Update:
Issue Size
: Rs 750 crore
Issue Price: Rs 36- Rs 37
Reserved for USFL Shareholder: Rs 75 crore
Discount for shareholder category: Rs 2 per share
Market Lot Size: 400 Shares
Minimum Order Quantity: 400 Shares
Out of 2 applications ,one bank account is debited...so 1 application appears to be successful. Shares are still not credited in demat account, they will come during the day I guess...


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