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Ujjivan Small Finance Bank IPO is a book build issue of ₹745.95 crores. The issue is entirely a fresh issue of 20.27 crore shares of ₹745.95 crore.
Ujjivan Small Finance Bank IPO bidding started from Dec 2, 2019 and ended on Dec 4, 2019. The allotment for Ujjivan Small Finance Bank IPO was finalized on Dec 9, 2019. The shares got listed on BSE, NSE on Dec 12, 2019.
Ujjivan Small Finance Bank IPO price band is set at ₹37.00 per share . The lot size for an application is 400. The minimum amount of investment required by an retail is ₹14,400 (400 shares). The lot size investment for sNII is 14 lots (5,600 shares), amounting to ₹2,07,200, and for bNII, it is 68 lots (27,200 shares), amounting to ₹10,06,400.
IIFL Capital Services Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Ujjivan Small Finance 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 |
| Issue Price Band | ₹36 to ₹37 per share |
| Issue Price Final | ₹37 per share |
| Lot Size | 400 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 20,27,02,702 shares (aggregating up to ₹745.95 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 1,52,55,20,467 shares |
| Share Holding Post Issue | 1,72,82,23,169 shares |
Ujjivan Small Finance Bank IPO offers total 20,27,02,702 shares. Out of which 13,68,24,325 (67.50%) allocated to QIB, 5,47,29,731 (27.00%) allocated to QIB, 2,73,64,864 (13.50%) allocated to NII, 1,82,43,243 (9.00%) allocated to RII and 8,20,94,594 (40.50%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 13,68,24,325 (67.50%) | NA |
| − Anchor Investor Shares Offered | 8,20,94,594 (40.50%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 5,47,29,731 (27.00%) | NA |
| NII (HNI) Shares Offered | 2,73,64,864 (13.50%) | NA |
| Retail Shares Offered | 1,82,43,243 (9.00%) | 45,608 |
| Shareholders Shares Offered | 2,02,70,270 (10.00%) | NA |
| Total Shares Offered | 20,27,02,702 (100.00%) |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only shareholder | Up to Rs 2 Lakhs | Yes |
| Shareholder + RII/NII |
|
Yes for shareholder/RII |
Note: To be eligible for the Shareholder Quota, you must hold shares in one of the following companies:
Ujjivan Small Finance Bank IPO opens on December 2, 2019, and closes on December 4, 2019.
| IPO Open Date | Mon, Dec 2, 2019 |
| IPO Close Date | Wed, Dec 4, 2019 |
| Tentative Allotment | Mon, Dec 9, 2019 |
| Initiation of Refunds | Tue, Dec 10, 2019 |
| Credit of Shares to Demat | Wed, Dec 11, 2019 |
| Tentative Listing Date | Thu, Dec 12, 2019 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Dec 4, 2019 |
Investors can bid for a minimum of 400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹14,800 |
| Retail (Max) | 13 | 5,200 | ₹1,92,400 |
| S-HNI (Min) | 14 | 5,600 | ₹2,07,200 |
| S-HNI (Max) | 67 | 26,800 | ₹9,91,600 |
| B-HNI (Min) | 68 | 27,200 | ₹10,06,400 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 | |
The Company Ujjivan Small Finance Bank IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To augment our Bank’s Tier –1 capital base to meet our Bank’s future capital requirements such as organic growth and expansion and to comply with regulatory requirements for enhanced capital base, |
[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...
| Listing Date | December 12, 2019 |
| BSE Script Code | 542904 |
| NSE Symbol | UJJIVANSFB |
| ISIN | INE551W01018 |
| Final Issue Price | ₹37 per share |
| BSE Listing Group | B |
Ujjivan Small Finance Bank Ltd.
Plot No. 2364/ 8,
Khampur Raya Village, Shadi Kampur,
Main Patel Road, New Delhi 110 008, India
Delhi, New Delhi
Phone: +91 11 3043 2121
Email: https://www.ujjivansfb.in/
Website: https://www.ujjivansfb.in/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://ipostatus.kfintech.com/
Ujjivan Small Finance Bank IPO is a main-board IPO of 20,27,02,702 equity shares of the face value of ₹10 aggregating up to ₹745.95 Crores. The issue is priced at ₹37 per share. The minimum order quantity is 400.
The IPO opens on December 2, 2019, and closes on December 4, 2019.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Ujjivan Small Finance Bank IPO using UPI as a payment gateway. Zerodha customers can apply in Ujjivan Small Finance Bank IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ujjivan Small Finance Bank IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ujjivan Small Finance Bank IPO opens on December 2, 2019 and closes on December 4, 2019.
Ujjivan Small Finance Bank IPO lot size is 400, and the minimum amount required for application is ₹14,800.
You can apply in Ujjivan Small Finance Bank IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Ujjivan Small Finance 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 Small Finance Bank IPO allotment status.
The Ujjivan Small Finance Bank IPO listing date is on Thursday, December 12, 2019.
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