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

December 2, 2019 - December 4, 2019

Ujjivan Bank IPO is a book built issue of Rs 750.00 crores.

Ujjivan Bank IPO bidding started from December 2, 2019 and ended on December 4, 2019. The allotment for Ujjivan Bank IPO was finalized on Monday, December 9, 2019. The shares got listed on BSE, NSE on December 12, 2019.

Ujjivan Bank IPO price band is set at ₹36 to ₹37 per share. The minimum lot size for an application is 400 Shares. The minimum amount of investment required by retail investors is ₹14,800.

Iifl Securities Ltd, Jm Financial Limited and Kotak Mahindra Capital Company Limited are the book running lead managers of the Ujjivan Bank IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Ujjivan Bank IPO RHP for detailed information.

Ujjivan Bank IPO Details

IPO Date December 2, 2019 to December 4, 2019
Listing Date December 12, 2019
Face Value ₹10 per share
Price Band ₹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

Ujjivan Bank IPO offers 123,958,333 shares. 56,250,000 (45.38%) to QIB, 28,125,000 (22.69%) to NII, 18,750,000 (15.13%) to RII. 46,875 RIIs will receive minimum 400 shares and (sNII) and (bNII) will receive minimum 5,600 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered56,250,000 (45.38%)NA
NII (HNI) Shares Offered28,125,000 (22.69%)
Retail Shares Offered18,750,000 (15.13%)46,875
Other Shares Offered20,833,333 (16.81%)NA
Total Shares Offered123,958,333 (100%)

Ujjivan Bank IPO Timeline (Tentative Schedule)

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

IPO Open Date Monday, December 2, 2019
IPO Close Date Wednesday, December 4, 2019
Basis of Allotment Monday, December 9, 2019
Initiation of Refunds Tuesday, December 10, 2019
Credit of Shares to Demat Wednesday, December 11, 2019
Listing Date Thursday, December 12, 2019
Cut-off time for UPI mandate confirmation 5 PM on December 4, 2019

Ujjivan Bank IPO Lot Size

Investors can bid for a minimum of 400 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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.

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

About Ujjivan Small Finance Bank Ltd

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 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 (Ujjivan Bank IPO Objectives)

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 December 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)

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

Rating:Rated 4.3 stars
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Ujjivan Bank IPO Listing Details

Listing Date December 12, 2019
BSE Script Code 542904
ISIN INE551W01018
Final Issue Price ₹37 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Ujjivan Small Finance Bank Ltd Contact Details

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

Ujjivan Bank IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Ujjivan Bank IPO - Buy or Not

Ujjivan Bank IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 20 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 December 2, 2019, and closes on December 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 December 2, 2019 and closes on December 4, 2019.

Ujjivan Bank IPO lot size is 400 Shares, and the minimum amount required is ₹14,800.

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 Monday, December 9, 2019, and the allotted shares will be credited to your demat account by Wednesday, December 11, 2019. Check the Ujjivan Bank IPO allotment status.

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

Ranked Members of Forum  Ranked Members | Members with Most Likes



1279. Indy |   Link |  Bookmark |February 19, 2020 6:40:43 PM
No excitement in this stock
1278. Adityasingh |   Link |  Bookmark |February 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 |  Bookmark |December 9, 2019 12:25:40 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
Buy RVNL cmp 23.8 anytime 30+ can be seen in this month ......

Thank U .....
1277.3. ashishn |   Link |  Bookmark |January 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 |  Bookmark |February 8, 2020 10:02:30 AM
If Ujjivan goes down pick
1276. AhireR |   Link |  Bookmark |January 22, 2020 6:38:10 PM
IPO Mentor IPO Mentor (800+ Posts, 1000+ Likes)
For those holding USFB share till date..
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 |  Bookmark |January 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 |  Bookmark |January 23, 2020 8:05:36 AM
IPO Mentor IPO Mentor (800+ Posts, 1000+ Likes)
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 |  Bookmark |January 18, 2020 2:14:22 PM
क्या भविष्य है इस क!
1274. aagam |   Link |  Bookmark |January 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 |  Bookmark |January 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 |  Bookmark |January 2, 2020 7:36:59 AM
IPO Guru IPO Guru (2400+ Posts, 4500+ Likes)
Depends upon market and it's results long term ok
1272. sachinengineer |   Link |  Bookmark |December 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 |  Bookmark |December 19, 2019 10:00:14 PM
What is record date of equitas holdings shares?
1272.3. Viraj. |   Link |  Bookmark |December 25, 2019 8:34:32 PM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
RHP is record date it's not filled yet
1271. Sanganagouda K |   Link |  Bookmark |December 25, 2019 2:38:45 PM
So how much profit this ipo gave on listing?
1270. harit |   Link |  Bookmark |December 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 |  Bookmark |December 17, 2019 1:57:31 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
plz share cutoff date for SH eligibility
1270.4. papon |   Link |  Bookmark |December 25, 2019 7:09:50 AM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
@retail, it depends on estimated market capital as of now divided by number of shares available
1269. IPO INFORMAR |   Link |  Bookmark |December 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 |  Bookmark |December 19, 2019 9:11:32 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
UTI AMC ipo is coming
Axis Bank shareholder can apply as shareholder quota or not
1268.1. AhireR |   Link |  Bookmark |December 19, 2019 9:12:54 PM
IPO Mentor IPO Mentor (800+ Posts, 1000+ Likes)
1267. SaurabhZoneN |   Link |  Bookmark |December 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 |  Bookmark |December 19, 2019 6:27:52 PM
Have a word with the Bank to release the funds
1266. noble |   Link |  Bookmark |December 19, 2019 7:06:19 AM
Do submitting through upi gets first priority than submitting through bank ASPA?
1266.1. Satoshi Nakamoto |   Link |  Bookmark |December 19, 2019 6:27:12 PM
1265. IPO INFORMAR |   Link |  Bookmark |December 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 |  Bookmark |December 19, 2019 5:52:18 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
Let's see... Can we see 75 before 31 st........ Fingers crossed..... Holding my allotment 2016 shares.....
1264. G.kumar |   Link |  Bookmark |December 11, 2019 9:28:50 PM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
Anytime MMTC can cross 20+....

Thank u
1264.2. G.kumar |   Link |  Bookmark |December 18, 2019 9:13:10 AM
IPO Guru IPO Guru (1000+ Posts, 700+ Likes)
Finally target Achieved...????????

call was given at 17.5 now 22.5

Thank u ????
1264.3. Roxpatel |   Link |  Bookmark |December 18, 2019 10:27:05 AM
IPO Mentor IPO Mentor (600+ Posts, 700+ Likes)
Yes, its going up above 20, great call
1263. AhireR |   Link |  Bookmark |December 17, 2019 10:21:37 AM
IPO Mentor IPO Mentor (800+ 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 |  Bookmark |December 17, 2019 6:45:56 PM
IPO Guru IPO Guru (2400+ Posts, 4500+ Likes)

Where are from?
In Feb 2020 it will come
1263.3. AhireR |   Link |  Bookmark |December 17, 2019 7:33:19 PM
IPO Mentor IPO Mentor (800+ Posts, 1000+ Likes)
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 |  Bookmark |December 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 |  Bookmark |December 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 |  Bookmark |December 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 |  Bookmark |December 16, 2019 6:22:42 PM
IPO Mentor IPO Mentor (800+ Posts, 1000+ Likes)
I am seeing rising stars as the stock starts to move
1260. RAJIVBALAGA |   Link |  Bookmark |December 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 |  Bookmark |December 26, 2019 12:29:45 PM
IPO Guru IPO Guru (1900+ Posts, 1100+ Likes)
Had provided great opportunity to exit at 61....hope those who was trapped existed happily ????????
1260.19. Viraj. |   Link |  Bookmark |December 27, 2019 7:15:08 AM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
Only one leval buy all quantity it's not a good every dip some share it's right strategy...