IPO Status: Closed [2nd Dec 2019 to 4th Dec 2019]
Incorporated Year: 2017
Sector: Banking and Finance
The USFB IPO opens on 2nd Dec and closes on 4th Dec 2019. The company is offering shares in the price band of ₹36 to ₹37 per share of lot size 400. ₹2 discount for USFB Shareholders who are applying application under shareholder quota.
The Ujjivan Small Finance Bank (USFB) is a growing small finance bank (SFB) in India with mass market focus catering to unserved and underserved segments and committed to building financial inclusion in the country. USFB started its operations by the name UFSL in 2005 with NBFC business and got approval from RBI in 2015 to establish an SFB. The bank has strong presence in Southern and Eastern states of India particularly, Karnataka, Tamil Nadu and West Bengal. As of June 30, 2019, USFB served 4.72 million customers and operated from 474 banking outlets.
Ujjivan Small Finance Bank (USFB) offers various asset and liability products and services. USFB asset products are
On the liability side, USFB offers:
Other Offerings from USFB
The bank also provide customers with various digital platforms including internet banking, mobile banking, SMS banking, bill payments, biometric ATMs and RuPay Platinum debit cards. The bank has tablet-based loan origination system, cashless repaying of loan and robust back-end operating system to bring down turn-around time for customers.
Latest update on Ujjivan Bank IPO Subscription.
|Details||Qualified Institutional Buyers (QIB)||Non Institutinol Investors (NII)||Retail Individual Investors (RII)||Others||Total|
|Day 1 - Dec 2nd, 2019 18:01||0.23x||0.43x||8.61x||0.72x||1.62x|
|Day 2 - Dec 3rd, 2019 18:01||0.85x||2.46x||23.85x||1.87x||4.86x|
|Day 3 - Dec 4th, 2019 18:01||110.72x||473.00x||48.97x||4.19x||165.66x|
Ujjivan Bank IPO details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.
|Ujjivan Bank Issue Details||Values|
|IPO Issue Type||Book Built Issue IPO|
|IPO Issue Size||18,24,32,423 Shares (₹675 Crores)|
|Face Value||₹10 Per Equity Share|
|IPO Issue Price||₹36 – ₹37 per share|
|IPO Discount||₹2 Shareholders|
|Market Lot||400 Shares|
|Min Order Qty||400 Shares|
|Max Retail Qty||5200 Shares|
|Promoter Holding Pre IPO||94.40%|
|Promoter Holding Post IPO||TBD|
|IPO Listing At||BSE, NSE|
Past performance and financial results of Ujjivan Bank.
|USFB IPO Financials||31-Mar-2019||31-Mar-2018||31-Mar-2017*|
|Total Assets||₹13742.21 Cr||₹9472.87 Cr||₹9435.91 Cr|
|Total Income||₹2037.58 Cr||₹1579.36 Cr||₹223.87 Cr|
|Total Expense||₹1838.36 Cr||₹1572.49 Cr||₹223.84 Cr|
|Net Profit/Loss||₹204.39 Cr||₹6.89 Cr||₹.03 Cr|
In this section we have covered all imporatant dates related to Ujjivan Bank IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.
|IPO Issue Open Date||2nd Dec 2019|
|IPO Issue Close Date||4th Dec 2019|
|Basis of Allotment Finalisation Date*||9th Dec 2019|
|Refunds Initiation*||10th Dec 2019|
|Credit of Shares to Demat Account*||11th Dec 2019|
|IPO Listing Date*||12th Dec 2019|
* - Tentative Dates
Ujjivan Bank IPO Draft Prospectus >>Document
Ujjivan Bank IPO Red Herring Prospectus >>Document
Ujjivan Bank IPO Allotment Status >>Ujjivan Bank IPO Allotment is not declared yet, expected to be declear by 9th Dec 2019, will provide the link once allotment is out.
Last Updated on 2019-12-04T21:48:58+00:00
Now you can apply in online IPO application via Zerodha back office software "console". You can subscribe Ujjivan Bank IPO with Zerodha. You need to apply application online using UPI payment mode. To purchase Ujjivan Bank IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detail article Step by Step Guide to apply Ujjivan Bank IPO with Zerodha.
Alternate approch to apply in Ujjivan Bank IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
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To subscribe or apply in Ujjivan Bank IPO, you can use the following methods:
|Ujjivan Bank IPO Applying Mode||Method||Details|
|Online Application||3-in-1 Trading Account|
If your broker is 3-in-1 service provider, you can apply in Ujjivan Bank IPO directly with your brokers website. Example HDFC Security, ICICI Direct, AxisDirect and so on are 3-in-1 brokers provide you direct IPO investment.
|Online Application||2-in-1 Trading Account|
Brokers like Zerodha, TradeSmart Online are providing you access to applying in Ujjivan Bank IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.
This is one of the most popular mode of applying in Ujjivan Bank IPO. Max syndicate bank provide you access to apply in Ujjivan Bank IPO via ASBA process. You must have your net banking access, DP ID information to apply in Ujjivan Bank IPO via ASBA. Bank like Axis, SBI allows you to apply max 5 application from one bank account. Where ICICI, HDFC bank have limit of one IPO ASBA application per account.
|Offline Application||Physical Form|
You can apply in Ujjivan Bank IPO via physical application, but you can’t apply physical application via ASBA. You need to apply physical application via UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.
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Applying in Ujjivan Bank IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Ujjivan Bank IPO application online and submit to nearest bank or to your broker. With new mandate from SEBI all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.
For more details on how to use UPI payment method to apply Ujjivan Bank IPO, please refer article >> Link
Steps to download the online application form for Ujjivan Bank IPO
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Ujjivan Bank IPO is going to be list on 12-12-2019. NSE Code for Ujjivan Bank is TBD. BSE Code for Ujjivan Bank is TBD.
Other revelevent question on same topics are:When Ujjivan Bank IPO will be listing? Ujjivan Bank IPO NSE listing date?Ujjivan Bank IPO date of listing.Ujjivan Bank IPO BSE listing date?
Ujjivan Bank IPO price for retail investor is ₹36 – ₹37 per share. Company is also offering special discount of ₹2 Shareholders.
Ujjivan Bank IPO lot size for retail investor is 400 Shares(Min) and 5200 Shares (Max).
Other revelevent question on same topics are:Ujjivan Bank IPO lot details? Ujjivan Bank IPO market lot? Ujjivan Bank IPO details lot size?
To apply in one application of Ujjivan Bank IPO you need ₹36 – ₹37 per share(Issue Price) - ₹2 Shareholders (discount) * 400 Shares (Minum Order Qty) =₹14800.
Ujjivan SFB IPO is accepting 55,000 applications under Shareholder quota. Eligible UFSL Shareholders bidding in the UFSL Shareholder Reservation Portion are entitled to Bid at the Cut-off Price with special discount of ₹2 Per Share. The cut-off date for UFSL Shareholders was 22nd Nov 2019. When applying in IPO, you will get an option for Shareholders Quota, in case you are eligible candidate, you must apply 1-2 lots in the shareholder category. Simaltonusly, you can apply 1 lot in a retail category also. At this time its looks like that Shareholder quota will also be oversubscribed.
The cut-off date for the USFB Shareholder quota is 22nd Nov 2019. Special discount of ₹2 Per Share offered for Shareholders. In case you are eligible for shareholding quota, you must apply min one application under shareholding quota. You can apply min 1 application in the retail category also. When you submit application online you will find an option for shareholders as well as retail categories, both of your applications are valid. Try to apply in both the category.
In case you apply in shareholder quota, you can not apply in HNI quota. If you apply shareholder quota and HNI quota then both bid will be rejected.
Process of applying share under Shareholder category will be same (ASBA or UPI), you need to select category as shareholder. Shareholder Category Reservation is 75 Cr or 2142857 shares.