Ujjivan Financial Services Ltd IPO (Ujjivan Financial Services IPO) Detail

Apr 28, 2016 - May 2, 2016

Incorporated in 2005, Ujjivan Financial Services Ltd is an Indian microfinance services company primarily based on the joint liability group lending model for providing collateral free, small ticket-size loans to economically active poor women. They also offer individual loans to Micro & Small Enterprises ("MSEs").

They offers group loans and individual loan as per their customer requirements. That include agricultural, education, home improvement, home purchase and livestock loans. In addition to loan products, they also provide non-credit offerings comprising of life insurance products, in partnership with insurance providers such as Baja Allianz Life Insurance, Kotak Mahindra Life Insurance, and HDFC Life Insurance Company Ltd.

Ujjivan Financial operations is spread across 24 states and union territories, and 209 districts across India. serve over 2.77 million active customers through our 469 branches and 7,786 employees.

Company Financials


For the year/period ended (in Rs. Million)
Total Revenue 7,296.40 6,118.81 3,576.62 2,339.29 1,563.03 1,564.43
Profit After Tax (PAT) 1,223.06 757.88 584.16 328.7 1.33 116.92

Objects of the Issue

The object of the issue are to:

1. Augmenting capital base to meet future capital requirements;
2. General corporate purpose.

Ujjivan Financial Services IPO Details

Ujjivan Financial Services IPO Date Apr 28, 2016 to May 2, 2016
Ujjivan Financial Services IPO Face Value ₹10 per share
Ujjivan Financial Services IPO Price ₹207 to ₹210 per share
Ujjivan Financial Services IPO Lot Size 70 Shares
Issue Size42,270,760 shares of ₹10
(aggregating up to ₹887.69 Cr)
Fresh Issue[.] shares of ₹10
(aggregating up to ₹358.16 Cr)
Offer for Sale24,968,332 shares of ₹10
(aggregating up to ₹[.] Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Company Promoters

Ujjivan Financial is a professionally managed company and does not have an identifiable promoter either in terms of the SEBI ICDR Regulations or the Companies Act, 2013. Consequently, it has no 'promoter group' in terms of the SEBI ICDR Regulations.

Ujjivan Financial Services IPO Lot Size

The Ujjivan Financial Services IPO lot size is 70 shares. A retail-individual investor can apply for up to 13 lots (910 shares or ₹191,100).

Application Lots Shares Amount
Retail (Min) 1 70 ₹14,700
Retail (Max) 13 910 ₹191,100

The Initial Public Offer of Ujjivan Financial comprise of:

  1. A fresh issue of up to (*) equity shares aggregating up to Rs. 358.16 Crores and
  2. An offer for sale up to 24,968,332 equity shares aggregating up to Rs. [*] Crores

Ujjivan Financial Services IPO Review

Considering the status enjoyed by this company in MFI business and the plans for transition into a small finance bank, investment in this IPO will bring reasonable rewards in coming years. Investment may be considered for medium to long term.

Read detail review...

Ujjivan Financial Services IPO Subscription Status (Bidding Detail)

The Ujjivan Financial Services IPO is subscribed 40.68 times on May 2, 2016 7:15:00 PM. The public issue subscribed 4.02 times in the retail category, 33.84 times in the QIB category, and 135.45 times in the NII category. Check Day by Day Subscription Details (Live Status)

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Ujjivan Financial Services IPO Prospectus

Ujjivan Financial Services IPO Rating

Rating:Rated 4.1 stars
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Ujjivan Financial Services IPO Listing Date

Listing Date Tuesday, May 10, 2016
BSE Script Code 539874
Listing In B Group of Securities
ISIN INE334L01012
IPO Price ₹210 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Ujjivan Financial Services Ltd
Grape Garden, No. 27, 3rd A Cross,
18th Main 6th Block,
Koramangala, Bengaluru, 560095
Phone: +91 8040712121

Ujjivan Financial Services IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000

Ujjivan Financial Services IPO Review

Ujjivan Financial Services IPO Recommendation Summary

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Ujjivan Financial Services IPO FAQs

Ujjivan Financial Services IPO is a main-board IPO of 42,270,760 equity shares of the face value of ₹10 aggregating up to ₹887.69 Crores. The issue is priced at ₹207 to ₹210 per share. The minimum order quantity is 70 Shares.

The IPO opens on Apr 28, 2016, and closes on May 2, 2016.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Ujjivan Financial Services IPO opens on Apr 28, 2016 and closes on May 2, 2016.

Ujjivan Financial Services IPO lot size is 70 Shares and the minimum order quantity is .

You can apply in Ujjivan Financial Services 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Ujjivan Financial Services IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ujjivan Financial Services IPO allotment status.

The Ujjivan Financial Services IPO listing date is on Tuesday, May 10, 2016.
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Ujjivan Financial Services IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



1362. MahiMahi |   Link |Aug 1, 2016 5:31:06 PM
can i re-enter in Ujjivan and Equitas? at current market price?
1361. piyush yadav |   Link |Jul 28, 2016 10:41:31 PM
What is the rbl listing price ?
1360. alpu |   Link |Jul 28, 2016 11:36:13 AM
maja agaya 530 ujjivan
1359. Lahari |   Link |Jul 27, 2016 7:22:04 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
I got the allotment through IPO and sold it on listing day at 241. :( Amazing spike..
1358. alpu |   Link |Jul 27, 2016 5:07:04 PM
i bought ujjivan
today at 465
is it comfart lavel or i buy at very high
pls sugest
1357. alpu |   Link |Jul 27, 2016 5:06:38 PM
i bought it today at 465
is it comfart lavel or i buy at very high
pls sugest
1356. Yash G |   Link |Jul 27, 2016 3:28:31 PM
Ujjivan ka naya high 490
1355. Earthking |   Link |Jul 15, 2016 10:48:45 PM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
1355.1. Septa |   Link |Jul 15, 2016 11:01:22 PM
IPO Guru IPO Guru (4000+ Posts, 4600+ Likes)
1355.2. Earthking |   Link |Jul 16, 2016 10:00:16 AM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
Honoured to receive a thank u mail from u sir ... Digging my small level analysis on it recommendation SUPERHOUSE ... What level will be right to enter sir ?
1354. PURUSHOTTAM KUMAR |   Link |Jul 8, 2016 12:57:37 AM
Bought 250 today at 418 today to hold long. What is the future. Please guide
1353. Eagleye |   Link |Jul 6, 2016 4:48:21 PM
IPO Guru IPO Guru (6400+ Posts, 21100+ Likes)
Ujjivan - looking very very good ... immediate target is 437 ... above 437 ... blue sky
1353.8. Sanja |   Link |Jul 26, 2016 11:37:24 AM
Hi Eagleye,

What the next target of ujjivan?
1353.9. Shivajee |   Link |Jul 27, 2016 10:20:21 AM
IPO Mentor IPO Mentor (700+ Posts, 100+ Likes)
Eagle eye

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Just asking so that I can do freelance projects from upwork, freelancer etc.

1352. Eagleye |   Link |Jul 6, 2016 9:20:27 AM
IPO Guru IPO Guru (6400+ Posts, 21100+ Likes)

RBI nod needed for FDI in Equitas Holdings; limit reached
1351. Ravi Shah |   Link |Jul 5, 2016 5:09:22 PM
What is next traget in Ujjivan?
Should we buy or wait for downfall in market?
1350. focus |   Link |Jul 4, 2016 10:31:14 AM
Fresh life time high 419.3@NSE.
Great going UJJIVAN, I will continue to hold until it makes fresh highs.
1349. Ashok Narula |   Link |Jun 23, 2016 7:03:19 PM
Should I sell the Ujjivan financial at current price ?
1348. Shivajee |   Link |Jun 19, 2016 3:06:45 PM
IPO Mentor IPO Mentor (700+ Posts, 100+ Likes)
Rajeev kumar singh ji
RKS sir replied feedback, kindly check, Also let me know if the plan is okay or correct me your points.
1347. mehul mehta |   Link |Jun 16, 2016 3:38:57 PM
ujjivan may go down
1346. Eagleye |   Link |Jun 15, 2016 10:15:43 PM
IPO Guru IPO Guru (6400+ Posts, 21100+ Likes)
1346.1. chitra kamat |   Link |Jun 16, 2016 11:43:29 AM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
In view of RBI directions , and BREXIT further upside in this scrip may be capped for sometime. Attention may shift to Equitas. I expect Equitas to perform better in the market. Short term target Rs.200.
1345. Eagleye |   Link |Jun 15, 2016 10:14:52 PM
IPO Guru IPO Guru (6400+ Posts, 21100+ Likes)
This is with reference to the Press Release issued by Reserve Bank of India dated June 15, 2016 related to investment by FII/RFPI/FDI/NRI/ADR/GDR/PIO under PIS in the scrip Ujjivan Financial Services Ltd (Scrip Code-539874)

In view of the above, Six lakh series for special bargain in Ujjivan Financial Services Ltd will be activated w.e.f. June 16, 2016, as per the provision of Exchange notice nos. 45424/2000 dated March 29, 2000 & 20140120-23 dated January 20,2014.

For any clarifications, please contract Ms. Jessica D’Mello /Ms. Saji Sunilkumar (Tel. No. +91-22-22728497/5158).

Sachin Shinde Yogendra Daxini
Asst. General Manager, Senior Manager,
Surveillance Surveillance
June 15, 2016.¬iceno=20160615-24&dt=06/15/2016&icount=24&totcount=24&flag=0
1344. Eagleye |   Link |Jun 15, 2016 10:13:59 PM
IPO Guru IPO Guru (6400+ Posts, 21100+ Likes)
The Reserve Bank of India has today notified that in view of listing of shares of the Company, M/s Ujjivan Financial Services Limited on stock exchange, the aggregate investment ceiling for Foreign Institutional Investor (FII)/Registered Foreign Portfolios Investors (RFPI) investment under Portfolio Investment Scheme shall remain at 49%.
The Reserve Bank has further advised that the aggregate limit for NRI investment shall not exceed 10%.
The total foreign investment from all sources i.e. Foreign Institutional Investors (FIIS)/Registered Foreign Portfolios Investors (RFPI)/Non Residential Indians(NRI)/ American Depository Receipts (ADR)/Global Depository Receipts (DDR)/Foreign Direct Investment(FDI)/Person of Indian Origin (PIO) in the company shall not exceed 49%.
The Reserve Bank has notified this under FEMA 1999.

Ajit Prasad
Assistant Adviser

Press Release : 2015-2016/2614

1343. Eagleye |   Link |Jun 15, 2016 8:08:31 PM
IPO Guru IPO Guru (6400+ Posts, 21100+ Likes)
As per RBI press release today, FII/FPI/NRI investment in Ujjivan Financial Services has crossed the permissible limit and further purchase by FII/FPI/NRI is not permitted in the same.