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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

Ujjivan Bank IPO Details

IPO Date Dec 2, 2019 to Dec 4, 2019
Listing Date Dec 12, 2019
Face Value ₹10 per share
Price ₹36 to ₹37 per share
Lot Size 400 Shares
Total Issue Size208,333,333 shares
(aggregating up to ₹750.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Ujjivan Bank IPO Reservation

QIB Shares Offered56,250,000 (45.38%)
NII (HNI) Shares Offered28,125,000 (22.69%)
Retail Shares Offered18,750,000 (15.13%)
Total Shares Offered123,958,333

Ujjivan Bank IPO Tentative Timetable

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

Event Tentative Date
Opening Date Dec 2, 2019
Closing Date Dec 4, 2019
Basis of Allotment Dec 9, 2019
Initiation of Refunds Dec 10, 2019
Credit of Shares to Demat Dec 11, 2019
Listing Date Dec 12, 2019
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day

Ujjivan Bank IPO Lot Size

The Ujjivan Bank IPO lot size is 400 shares.

Application Lots Shares Amount
Retail (Min) 1 400 ₹14,800
Retail (Max) 13 5200 ₹192,400
Lot Size Calculator

Ujjivan Bank IPO Promoter Holding

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

Pre Issue Share Holding 94.40%
Post Issue Share Holding 83.32%

Company Financials

Summary of financial Information (Restated)
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

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 Review (May apply)

[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...


Ujjivan Bank IPO Subscription Status (Bidding Detail)

The Ujjivan Bank IPO is subscribed 165.66 times on Dec 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)

CategorySubscription (times)
QIB110.72
NII473.00
Retail48.97
Others4.13
Total165.66

Important Note:

  • Pre-IPO Placement of 71,428,570 Equity Shares (Aggregating to Rs 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 Prospectus

Ujjivan Bank IPO Rating

2538
4.3
Rating:Rated 4.3 stars
Vote Here ...

Ujjivan Bank IPO Listing Details

Listing Date Dec 12, 2019
BSE Script Code 542904
NSE Symbol UJJIVANSFB
ISIN INE551W01018
Final Issue Price ₹37 per share

Pre-Open Session - NSE

Listing Day Trading Information

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

Check IPO Performance…

Company Contact Information

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/

Ujjivan Bank IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/

Ujjivan Bank IPO Analysis

Ujjivan Bank IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 21 0 0
Members 0 0 0

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Ujjivan Bank IPO FAQs

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 Dec 2, 2019, and closes on Dec 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 Dec 2, 2019 and closes on Dec 4, 2019.

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

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 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.

The Ujjivan Bank IPO listing date is on Dec 12, 2019.
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Ujjivan Bank IPO Message Board

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3174 Comments

1279. Indy |   Link |Feb 19, 2020 6:40:43 PM
No excitement in this stock
1278. Adityasingh |   Link |Feb 13, 2020 9:53:59 PM
I've purchased 500 shares @ 61 rupees on the day of listing but it is still in dips from that position. What should I do next?
1277. G.kumar |   Link |Dec 9, 2019 12:25:40 PM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Buy RVNL cmp 23.8 anytime 30+ can be seen in this month ......


Thank U .....
1277.3. ashishn |   Link |Jan 23, 2020 8:43:52 PM
@g kumar
Did rail Vikas crossed 30 in December month?
Just asking coz today it went up
1277.4. Indy |   Link |Feb 8, 2020 10:02:30 AM
If Ujjivan goes down pick
1276. AhireR |   Link |Jan 22, 2020 6:38:10 PM
IPO Mentor IPO Mentor (700+ Posts, 1000+ 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.

1276.1. Rahul Wgl |   Link |Jan 23, 2020 7:56:01 AM
I still hold 2000 shares, avg price at which I bought was @ 59, what should be the strategy.?
1276.2. AhireR |   Link |Jan 23, 2020 8:05:36 AM
IPO Mentor IPO Mentor (700+ Posts, 1000+ 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.
1275. Indy |   Link |Jan 18, 2020 2:14:22 PM
क्या भविष्य है इस क!
1274. aagam |   Link |Jan 5, 2020 4:19:33 PM
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?
1273. Gnanesh |   Link |Jan 2, 2020 6:12:24 AM
Seniors, Still you feel that it will go up to Rs. 70 in near future and Rs. 100 after six months?
1273.1. Paymzia |   Link |Jan 2, 2020 7:36:59 AM (1300+ Posts, 3700+ Likes)
Depends upon market and it's results long term ok
1272. sachinengineer |   Link |Dec 19, 2019 10:25:22 AM
i buyed 1 share of equitas holding on 9 december . will i be elligible for share holder quta ?
1272.2. ashishn |   Link |Dec 19, 2019 10:00:14 PM
@paymzia
What is record date of equitas holdings shares?
1272.3. Viraj. |   Link |Dec 25, 2019 8:34:32 PM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
RHP is record date it's not filled yet
1271. Sanganagouda K |   Link |Dec 25, 2019 2:38:45 PM
So how much profit this ipo gave on listing?
1270. harit |   Link |Dec 17, 2019 8:57:01 AM
ESFB (equitas) eyeing 1000cr
550 cr fresh issue+450 cr ofs(8cr).
So price band around 55-57
SH category 100cr 10%


1270.3. G.kumar |   Link |Dec 17, 2019 1:57:31 PM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
plz share cutoff date for SH eligibility
1270.4. papon |   Link |Dec 25, 2019 7:09:50 AM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
@retail, it depends on estimated market capital as of now divided by number of shares available
1269. IPO INFORMAR |   Link |Dec 22, 2019 8:15:13 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Chanakya ni pothi ;hold USFB for some more time ,75 is in near term.
1268. parmod gupta |   Link |Dec 19, 2019 9:11:32 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
UTI AMC ipo is coming
Axis Bank shareholder can apply as shareholder quota or not
1268.1. AhireR |   Link |Dec 19, 2019 9:12:54 PM
IPO Mentor IPO Mentor (700+ Posts, 1000+ Likes)
No.
1267. SaurabhZoneN |   Link |Dec 18, 2019 8:37:11 AM
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.
1267.1. Satoshi Nakamoto |   Link |Dec 19, 2019 6:27:52 PM
Have a word with the Bank to release the funds
1266. noble |   Link |Dec 19, 2019 7:06:19 AM
Do submitting through upi gets first priority than submitting through bank ASPA?
1266.1. Satoshi Nakamoto |   Link |Dec 19, 2019 6:27:12 PM
No
1265. IPO INFORMAR |   Link |Dec 19, 2019 5:37:54 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Buying started,today 27 % buying on delivery basis , Do not sell now
1265.1. Sharvam |   Link |Dec 19, 2019 5:52:18 PM
IPO Mentor IPO Mentor (600+ Posts, 600+ Likes)
Let's see... Can we see 75 before 31 st........ Fingers crossed..... Holding my allotment 2016 shares.....
1264. G.kumar |   Link |Dec 11, 2019 9:28:50 PM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Anytime MMTC can cross 20+....


Thank u
1264.2. G.kumar |   Link |Dec 18, 2019 9:13:10 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
Finally target Achieved...????????

call was given at 17.5 now 22.5


Thank u ????
1264.3. Roxpatel |   Link |Dec 18, 2019 10:27:05 AM
IPO Mentor IPO Mentor (500+ Posts, 600+ Likes)
Yes, its going up above 20, great call
1263. AhireR |   Link |Dec 17, 2019 10:21:37 AM
IPO Mentor IPO Mentor (700+ Posts, 1000+ 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.
1263.2. Paymzia |   Link |Dec 17, 2019 6:45:56 PM (1300+ Posts, 3700+ Likes)
Vreddy

Where are from?
In Feb 2020 it will come
1263.3. AhireR |   Link |Dec 17, 2019 7:33:19 PM
IPO Mentor IPO Mentor (700+ Posts, 1000+ 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..
1262. P M |   Link |Dec 16, 2019 6:51:51 PM (1100+ Posts, 1100+ Likes)
Equitas Holdings: Equitas Small Finance Bank filed IPO papers with SEBI.
1262.2. P M |   Link |Dec 17, 2019 6:44:08 AM (1100+ Posts, 1100+ 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.
1262.3. retail |   Link |Dec 17, 2019 7:56:44 AM
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 .
1261. AhireR |   Link |Dec 16, 2019 6:22:42 PM
IPO Mentor IPO Mentor (700+ Posts, 1000+ Likes)
I am seeing rising stars as the stock starts to move upwards..lol..????????
1260. RAJIVBALAGA |   Link |Dec 13, 2019 8:52:36 AM
I bought 20000 shares at 61.80 yesterday.Want to hold for 6 months.What can be the target?
1260.18. Cautious ipo |   Link |Dec 26, 2019 12:29:45 PM
IPO Guru IPO Guru (1700+ Posts, 1000+ Likes)
Had provided great opportunity to exit at 61....hope those who was trapped existed happily ????????
1260.19. Viraj. |   Link |Dec 27, 2019 7:15:08 AM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
Only one leval buy all quantity it's not a good invest..buy every dip some share it's right strategy...