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Ujjivan Small Finance Bank Ltd IPO (Ujjivan Bank IPO) Detail

Dec 2, 2019 - Dec 4, 2019

Incorporated in 2017, Ujjivan Small Finance Bank Limited (USFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country. USFB Bank is promoted by Ujjivan Financial Services Limited (UFSL) which is an NBFC providing financial services to the economically active poor, who are not served by the Financial Institutions.

UFSL offers small size loan products to economically poor women, individual loans to Micro and Small Enterprises (MSEs). It follows the integrated lending approach where the company considers technology infrastructure and back-end support functioning before lending.

USFB has a wide presence across 24 states and union territories in India. As on 30 June 2019, it has 4.72 million customers, 474 Banking Outlets, 387 ATMs, two 24/7 phone banking units (in Bengaluru and Pune) and 50 additionally operated Asset Centres. Customers can use USFB mobile banking application in 5 languages.

USFB Loan Product

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.

Competitive Strengths

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

Company Promoters:

Ujjivan Financial Services Limited (UFSL) is the promoter of the company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (₹ 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

Objects of the Issue:

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

Ujjivan Bank IPO Details

Issue OpenDec 2, 2019 - Dec 4, 2019
Issue TypeBook Built Issue IPO
Issue Size208,333,333 Eq Shares of ₹10
(aggregating up to ₹750.00 Cr)
Face Value₹10 Per Equity Share
Issue Price₹36 to ₹37 Per Equity Share
Market Lot400 Shares
Min Order Quantity400 Shares
Listing AtBSE, NSE

Ujjivan Bank IPO Tentative Date / Timetable

Bid/Offer Opens OnDec 2, 2019
Bid/Offer Closes OnDec 4, 2019
Finalisation of Basis of AllotmentDec 9, 2019
Initiation of RefundsDec 10, 2019
Credit of Shares to Demat AcctDec 11, 2019
IPO Shares Listing DateDec 12, 2019

Ujjivan Bank IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum1400₹14,800
Maximum135200₹192,400

Ujjivan Bank IPO Promoter Holding

Pre Issue Share Holding94.40%
Post Issue Share Holding83.32%

Important Note:

  • Pre-IPO Placement of 71,428,570 Equity Shares (Aggregating to ₹250 crore)
  • Cut off date for shareholder category: 22nd Nov
  • Investors Portion: (a) QIB: 75% of the net issue (60% of QIB to Anchor Investors) (b) NII: 15% of the net issue (c) RII: 10% of the net issue
  • Shareholder category reservation: Rs 75 crore (Rs 35 per equity share)

Ujjivan Bank IPO Subscription Status (Bidding Detail)

Ujjivan Bank IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Others

Total

Shares Offered

56,250,000

28,125,000

18,750,000

20,833,333

123,958,333

Dec 4, 2019 19:49

110.72x

473.00x

48.97x

4.13x

165.66x

Ujjivan Bank IPO Prospectus

Ujjivan Bank IPO Rating

2538
4.3
Rating:Rated 4.3 stars

Vote Here ...

Ujjivan Bank IPO Listing Date

Listing DateThursday, December 12, 2019
BSE Script Code542904
NSE SymbolUJJIVANSFB
Listing InB
ISININE551W01018
Issue Price₹37 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume
BSE
₹37.00
₹58.00
₹53.10
₹62.80
₹55.90
16,132,554
NSE
₹37.00
₹58.75
₹53.05
₹62.80
₹55.95
251,414,527

Ujjivan Bank IPO Registrar

Karvy Computershare Private Limited
   Karvy Registry House, 8-2-596, St. No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Email: einward.ris@karvy.com
Website: https://karisma.karvy.com/

Ujjivan Bank IPO FAQs

  1. 1. What is Ujjivan Bank IPO?

    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 price of the IPO is ₹36 to ₹37 Per Equity Share. The minimum order quantity is 400 Shares per application and the offer type is Book Built Issue.

    The IPO opens on Dec 2, 2019 and closes on Dec 4, 2019.

    Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. 2. When Ujjivan Bank IPO will open?

    The Ujjivan Bank IPO opens on Dec 2, 2019 and closes on Dec 4, 2019.

  3. 3. How to apply for Ujjivan Bank IPO?

    Ujjivan Bank IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Ujjivan Bank IPO allotment?

    The finalization of Basis of Allotment for Ujjivan Bank IPO will be done on Dec 9, 2019, and the allotted shares will be credited to your demat account by Dec 11, 2019. Check the Ujjivan Bank IPO allotment status.

  5. 5. When is Ujjivan Bank IPO listing date?

    The Ujjivan Bank IPO listing date is on Thursday, December 12, 2019, at BSE, NSE.
  6. 6. What is the lot size of Ujjivan Bank IPO?

    Ujjivan Bank IPO lot size is 400 Shares and the minimum order quantity is 400 Shares.

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Ujjivan Bank IPO Review / Comments

G.kumar
1277. G.kumar  Dec 9, 2019 13:25 I Like It. 2 | I Don't Like It. | Report Abuse Reply
Buy RVNL cmp 23.8 anytime 30+ can be seen in this month ......


Thank U .....
K SathishKumaara
1277.2. K SathishKumaara  Jan 20, 2020 11:45 I Like It. | I Don't Like It. | Report Abuse
Heyya Kumar.
Made Rs.3,05. Good call! I suppose the steam is running out? Should I hold further?
Thanks, K Sathish Kumaara
ashishn
1277.3. ashishn  Jan 23, 2020 21:43 I Like It. | I Don't Like It. | Report Abuse
@g kumar
Did rail Vikas crossed 30 in December month?
Just asking coz today it went up
AhireR
1276. AhireR  Jan 22, 2020 19:38 I Like It. 5 | I Don't Like It. | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
For those holding USFB share till date..
Q3FY20 RESULTS UPDATE
Net profit at 90 crore up 98% YOY.
GNPA at 0.9% vs 1.4% in Q3FY19.
NNPA at 0.4% vs 0.3% in Q3FY19.
NII of 427 crore up52% YOY.
Gross Advances 13617 crore up 46% YOY.
Secured portfolio increases to 21% from 16% year ago.
CASA ratio at 12% vs 10% in Q3FY19.
Performance based on 9 months completed:
*Disbursement for 9 months of FY20 is 9967 crore up 35% YOY.
*Net profit at 277 crore up 104% YOY.
*NII at 1167 crore up 48% YOY.
**ROE at 15% vs 10.6% for 9 months FY19.
Overall the results can be called SATISFACTORY. Slight increase in NNPA is there so it's not a big worry.
Thumps up for long term. In short term operators can still try to drag it down from current levels. IMO.

Rahul Wgl
1276.1. Rahul Wgl  Jan 23, 2020 08:56 I Like It. | I Don't Like It. | Report Abuse
I still hold 2000 shares, avg price at which I bought was @ 59, what should be the strategy.?
AhireR
1276.2. AhireR  Jan 23, 2020 09:05 I Like It. 1 | I Don't Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
@Rahul
As I said long term outlook is intact and seen fruitful. Can correct a bit more in short term. BUT this is ky own analysis. You should plan your risk accordingly.
Indy
1275. Indy  Jan 18, 2020 15:14 I Like It. 1 | I Don't Like It. 1 | Report Abuse Reply
क्या भविष्य है इस क!
Aniketiaf
1274. Aniketiaf  Dec 6, 2019 11:53 I Like It. 25 | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (1000+ Posts, 5900+ Likes)
Gmp of Ujjavan 28 - 29
A Bumper Listing is on the way...
Aniketiaf
1274.14. Aniketiaf  Jan 16, 2020 09:28 I Like It. 1 | I Don't Like It. | Report Abuse
IPO Guru IPO Guru (1000+ Posts, 5900+ Likes)
@ JIgar A,
IRCON is trading at 52 week high now.
Hope , you had kept the stock till now.
Thanks.
AbhishekK
1274.15. AbhishekK  Jan 18, 2020 15:14 I Like It. 1 | I Don't Like It. | Report Abuse
Hello Aniketiaf,

Let me know if you provide market suggestions/analysis as a paid services.I follow your comments on regular basis and found that you have strong knowledge and want to get benefit of it a bit.let me know your feedback
aagam
1273. aagam  Jan 5, 2020 17:19 I Like It. | I Don't Like It. | Report Abuse Reply
I want to know how the shareholder applied for the shareholder category, is the same application form is used that is used by the retail applicants?
Gnanesh
1272. Gnanesh  Jan 2, 2020 07:12 I Like It. 1 | I Don't Like It. | Report Abuse Reply
Seniors, Still you feel that it will go up to Rs. 70 in near future and Rs. 100 after six months?
Paymzia
1272.1. Paymzia  Jan 2, 2020 08:36 I Like It. | I Don't Like It. | Report Abuse
Depends upon market and it's results long term ok
RAJIVBALAGA
1271. RAJIVBALAGA  Dec 13, 2019 09:52 I Like It. | I Don't Like It. | Report Abuse Reply
New Member New Member
I bought 20000 shares at 61.80 yesterday.Want to hold for 6 months.What can be the target?
Cautious ipo
1271.18. Cautious ipo  Dec 26, 2019 13:29 I Like It. | I Don't Like It. 1 | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Had provided great opportunity to exit at 61....hope those who was trapped existed happily 😊😢
Viraj.
1271.19. Viraj.  Dec 27, 2019 08:15 I Like It. 20 | I Don't Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 700+ Likes)
Only one leval buy all quantity it's not a good invest..buy every dip some share it's right strategy...
Rajkot Broker Association Arjun
1270. Rajkot Broker Association Arjun  Dec 10, 2019 22:48 I Like It. 7 | I Don't Like It. | Report Abuse Reply
Ujjivan SFB
GMPs 23/-

Ujjivan: Hatti Chalai Bazjar Kutte Bhoke Hazzarr...
Hold Your Ujjivan

Good Buying at 22/-
Hold this SRB

Prince Pipe
GMPs 45/-

IPO Open 18th Jan @178 per piece
sonal patel
1270.1. sonal patel  Dec 10, 2019 23:25 I Like It. 2 | I Don't Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 2400+ Likes)
18th jan ya December.. I think by mistake..
MITTAL
1270.2. MITTAL  Dec 26, 2019 14:32 I Like It. 7 | I Don't Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 600+ Likes)
Now ur view
sachinengineer
1269. sachinengineer  Dec 19, 2019 11:25 I Like It. | I Don't Like It. | Report Abuse Reply
i buyed 1 share of equitas holding on 9 december . will i be elligible for share holder quta ?
ashishn
1269.2. ashishn  Dec 19, 2019 23:00 I Like It. | I Don't Like It. | Report Abuse
@paymzia
What is record date of equitas holdings shares?
Viraj.
1269.3. Viraj.  Dec 25, 2019 21:34 I Like It. 1 | I Don't Like It. | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 700+ Likes)
RHP is record date it's not filled yet
Sanganagouda K
1268. Sanganagouda K  Dec 25, 2019 15:38 I Like It. | I Don't Like It. | Report Abuse Reply
New Member New Member
So how much profit this ipo gave on listing?
harit
1267. harit  Dec 17, 2019 09:57 I Like It. 4 | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 2100+ Likes)
ESFB (equitas) eyeing 1000cr
550 cr fresh issue+450 cr ofs(8cr).
So price band around 55-57
SH category 100cr 10%


G.kumar
1267.3. G.kumar  Dec 17, 2019 14:57 I Like It. | I Don't Like It. | Report Abuse
plz share cutoff date for SH eligibility
papon
1267.4. papon  Dec 25, 2019 08:09 I Like It. | I Don't Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
@retail, it depends on estimated market capital as of now divided by number of shares available
IPO INFORMAR
1266. IPO INFORMAR  Dec 22, 2019 09:15 I Like It. 2 | I Don't Like It. | Report Abuse Reply
Chanakya ni pothi ;hold USFB for some more time ,75 is in near term.
parmod gupta
1265. parmod gupta  Dec 19, 2019 22:11 I Like It. | I Don't Like It. | Report Abuse Reply
UTI AMC ipo is coming
Axis Bank shareholder can apply as shareholder quota or not
AhireR
1265.1. AhireR  Dec 19, 2019 22:12 I Like It. | I Don't Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
No.
SaurabhZoneN
1264. SaurabhZoneN  Dec 18, 2019 09:37 I Like It. | I Don't Like It. | Report Abuse Reply
New Member New Member
Anyone who has still not received the refund? I had cancelled one of my retail application before 4th December. Money is still blocked under UPI mandate. I guess it will remain blocked till 20th December.
Satoshi Nakamoto
1264.1. Satoshi Nakamoto  Dec 19, 2019 19:27 I Like It. 1 | I Don't Like It. | Report Abuse
Have a word with the Bank to release the funds
noble
1263. noble  Dec 19, 2019 08:06 I Like It. | I Don't Like It. | Report Abuse Reply
New Member New Member
Do submitting through upi gets first priority than submitting through bank ASPA?
Satoshi Nakamoto
1263.1. Satoshi Nakamoto  Dec 19, 2019 19:27 I Like It. 1 | I Don't Like It. | Report Abuse
No
IPO INFORMAR
1262. IPO INFORMAR  Dec 19, 2019 18:37 I Like It. 1 | I Don't Like It. | Report Abuse Reply
Buying started,today 27 % buying on delivery basis , Do not sell now
Sharvam
1262.1. Sharvam  Dec 19, 2019 18:52 I Like It. 1 | I Don't Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Let's see... Can we see 75 before 31 st........ Fingers crossed..... Holding my allotment 2016 shares.....
G.kumar
1261. G.kumar  Dec 11, 2019 22:28 I Like It. 2 | I Don't Like It. | Report Abuse Reply
Anytime MMTC can cross 20+....


Thank u
G.kumar
1261.2. G.kumar  Dec 18, 2019 10:13 I Like It. 2 | I Don't Like It. | Report Abuse
Finally target Achieved...🙏🙏

call was given at 17.5 now 22.5


Thank u 🙏
Roxpatel
1261.3. Roxpatel  Dec 18, 2019 11:27 I Like It. 1 | I Don't Like It. | Report Abuse
Yes, its going up above 20, great call
AhireR
1260. AhireR  Dec 17, 2019 11:21 I Like It. 6 | I Don't Like It. | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
Equitas Small Finance Bank
SH quota is available and RHP filing date will be the record date for category reservation.
Max application in SH cat 200000.
One can buy 1 share of EQUITAS HOLDINGS now and claim SH quota.
Paymzia
1260.2. Paymzia  Dec 17, 2019 19:45 I Like It. | I Don't Like It. | Report Abuse
Vreddy

Where are from?
In Feb 2020 it will come
AhireR
1260.3. AhireR  Dec 17, 2019 20:33 I Like It. | I Don't Like It. | Report Abuse
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
@vreddy
Till now only drhp is filed. It is yet to be approved by sebi. In jan end or feb we can expect it to open..
P M
1259. P M  Dec 16, 2019 19:51 I Like It. 1 | I Don't Like It. | Report Abuse Reply
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
Equitas Holdings: Equitas Small Finance Bank filed IPO papers with SEBI.
P M
1259.2. P M  Dec 17, 2019 07:44 I Like It. 1 | I Don't Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
From last couple of days in discussion it is cleared that Equitas SFB IPO is coming, then why one should wait for last moment?,
Date for eligible shareholders will be confirmed after DRHP available for download.
retail
1259.3. retail  Dec 17, 2019 08:56 I Like It. 1 | I Don't Like It. | Report Abuse
New Member New Member
equitas retail base last 1.1 L . Will increase upto 1.5 L by the time of ipo. allotment 1 lot in lottory no excess . Price will be high compare to ujjaivan hence hence net gain will be smaller compare to ujjaivan .

SBI , ICICI Never left anything for investors during ipo .

earlier every one was running after Buy Back now share holders quota .
AhireR
1258. AhireR  Dec 16, 2019 19:22 I Like It. 1 | I Don't Like It. | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 500+ Likes)
I am seeing rising stars as the stock starts to move upwards..lol..😂😂



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