Ujjivan Small Finance Bank Ltd IPO

Ujjivan Small Finance Bank Ltd logo

Ujjivan Small Finance Bank Ltd IPO is a Mainstream IPO, which is open for all investors from 29th November 2019, Friday to 3rd December 2019, Tuesday. Promoters are offering 342,857,142 equity shares to public through this issue which is worth of Rs 1,200 Crores. For other IPO details on Ujjivan Small Finance Bank Ltd IPO, scroll below

IPO Details

Grey Market Premium of Ujjivan Small Finance Bank Ltd IPO

Below is the latest available GMP of Ujjivan Small Finance Bank Ltd IPO.

Date
Grey Market Premium of Ujjivan Small Finance Bank IPO
Kostak of Ujjivan Finance Bank IPO
Sauda of Ujjivan Small Finance Bank IPO
23-Feb-2020 Rs 20 – Rs 26 Not Available Rs 8000
22-Feb-2020 Rs 20 – Rs 26 Not Available Rs 8000
21-Feb-2020 Rs 20 – Rs 26 Not Available Rs 8000
20-Feb-2020 Rs 25 – Rs 31 Not Available Rs 7000
19-Feb-2020 Rs 25 – Rs 31 Not Available Rs 7000
18-Feb-2020 Rs 25 – Rs 31 Not Available Rs 7000
17-Feb-2020 Rs 25 – Rs 31 Not Available Rs 7000
16-Feb-2020 Rs 25 – Rs 31 Not Available Rs 7000
15-Feb-2020 Rs 19 – Rs 24 Not Available Rs 6000
14-Feb-2020 Rs 17 – Rs 22 Not Available Rs 6000
13-Feb-2020 Rs 17 – Rs 22 Not Available Rs 6000
12-Feb-2020 Rs 14 – Rs 19 Not Available Rs 4500
11-Feb-2020 Rs 14 – Rs 19 Not Available Rs 4500
10-Feb-2020 Rs 14 – Rs 19 Not Available Rs 4500
9-Feb-2020 Rs 12 – Rs 17 Not Available Rs 4000
8-Feb-2020 Rs 12 – Rs 17 Not Available Rs 4000
7-Feb-2020 Rs 8 – Rs 14 Not Available Not Available
6-Feb-2020 Rs 8 – Rs 14 Not Available Not Available
5-Feb-2020 Rs 8 – Rs 14 Not Available Not Available
4-Feb-2020 Rs 8 – Rs 14 Not Available Not Available
3-Feb-2020 Rs 8 – Rs 14 Not Available Not Available
2-Feb-2020 Rs 8 – Rs 14 Not Available Not Available
1-Feb-2020 Rs 8 – Rs 14 Not Available Not Available
31-Jan-2020 Rs 8 – Rs 14 Not Available Not Available
30-Jan-2020 Rs 8 – Rs 14 Not Available Not Available

Allotment Status of Ujjivan Small Finance Bank Ltd IPO

Company Background

Ujjivan Small Finance Bank Ltd is a Delhi based Small Finance Bank, with an annual revenue of Rupees 705.5 crores.

  • Company has a customer centric approach with dedicated relationship manager. Ujjivan has quality department which primarily focuses on customer grievances and responds to their feedback

Strengths of the company

  • Understanding of the under-served markets
  • Customer focused company with multiple delivery channels
  • Strong pan India presence
  • Advanced digital platform
  • Sound risk management mechanism in place
  • Strong business performance
  • Experienced leadership

Date of Incorporation

Ujjivan Small Finance Bank Ltd was incorporated on 4th July 2016 with a Corporate Identification Number, U65110DL2016PLC302481

Promoters of Ujjivan Small Finance Bank Ltd

Ujjivan Financial Services Limited is the sole promoter of the company

Product & Services Offered

Ujjivan Small Finance Bank Ltd offers following products & services to its customers:-

  • Group loans and individual loans
  • Agricultural loans
  • MSE loans
  • Low cost housing loans
  • Group loans to financial institutions
  • Personal loans
  • Vehicle loans

Company also offers savings accounts, current accounts and deposits accounts. Ujjivan Small Finance Bank also sells 3rd party insurance products, aadhar enrollment services and more

Clientele base of the company

The bank has a strong presence across the country.

  • It serves 24 states and UT covering 221 districts
  • Company serves mass markets through its small finance bank
  • Bank focuses on retail customers, to farmers, and from traders tp SME.
  • Bank has also a focus towards rural markets.

Purpose of this IPO

Purpose of the issue:

  • To augment the tier I capital base

Ujjivan Small Finance Bank Ltd IPO Issue Details

Issue Details
Issue Open 29th November 2019, Friday Issue Close 3rd December 2019, Tuesday
Issue Type Book Built IPO Issue Face Value Rs 10 Per Equity Share
Price Band Rs – Per Equity Shares Bid Lot & Minimum order quantity – Shares
Issue Size Rs 1,200 Crore Listing at NSE, BSE

Ujjivan Small Finance Bank Ltd IPO Timeline

Company Financials

For the year/period ended (₹ in Million)
30-June-19
31-Mar-19
31-Mar-18
Total Assets 142,926.11 137,422.15 94,728.73
Total Revenue 7,055.00 20,375.75 15,793.55
Profit After Tax 944.84 1,992.18 68.63

Ratings & Reviews of Ujjivan Small Finance Bank Ltd IPO

This IPO is yet to be reviewed

Investors are advised to conduct proper due diligence before investing in this IPO

Litigation Details

As per the information available, following is the status of litigation related to the company.

Litigation Type
Nature of Litigation
No of Cases
Amount (in 10 Lakhs)
Litigations filed against the bank Criminal NIL NIL
Litigations filed against the bank Actions by Regulator NIL NIL
Litigations filed against the bank Tax Proceedings NIL NIL
Litigations filed against the bank Other Material Proceedings NIL NIL
Litigations filed by the bank Criminal 710 41.85
Litigations filed by the bank Actions by Regulator NIL NIL
Litigations filed by the bank Tax Proceedings NIL NIL
Litigations filed by the bank Other Material Proceedings NIL NIL
Litigations filed against the directors Criminal 3 3.37
Litigations filed against the directors Actions by Regulator NIL NIL
Litigations filed against the directors Tax Proceedings NIL NIL
Litigations filed against the directors Other Material Proceedings 2 347.53
Litigations filed by the directors Criminal NIL NIL
Litigations filed by the directors Actions by Regulator NIL NIL
Litigations filed by the directors Tax Proceedings NIL NIL
Litigations filed by the directors Other Material Proceedings NIL NIL
Litigations filed against promoters Criminal NIL NIL
Litigations filed against promoters Actions by Regulator 1 4.23
Litigations filed against promoters Tax Proceedings 1.00 0.02
Litigations filed against promoters Other Material Proceedings 1 NIL
Litigations filed by promoters Criminal 94 16.53
Litigations filed by promoters Actions by Regulator NIL NIL
Litigations filed by promoters Tax Proceedings NIL NIL
Litigations filed by promoters Other Material Proceedings NIL NIL

Red Herring Prospectus of Ujjivan Small Finance Bank Ltd IPO

Bidding Status

Bidding Status
Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved —- —- —- —- —- —-
Day 1 —- —- —- —- —- —-
Day 2 – —- —- —- —- —- —-
Day 3 – —- —- —- —- —- —-

Listing Day Information

Listing Day Trading Information
BSE NSE
Issue Price
Open
Low
High
Last Trade
Volume

IPO Lead Managers

  • IIFL Holdings Limited, JM Financial Consultants Private Limited &
    Kotak Mahindra Capital Company Limited are managing the IPO for the company

Address of Ujjivan Small Finance Bank Ltd

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

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