Ujjivan Bank IPO Review

IPO Status: Listed [2nd Dec 2019 to 4th Dec 2019]

Rated 4/5 by Team InvestorGain

Ujjivan Bank IPO Details

IPO Issue Opening Date:	2nd Dec 2019
IPO Issue Closing Date:	4th Dec 2019
IPO Issue Price:	₹36 - 37 Per Share
DRHP:	Download DRHP
RHP:	Download RHP
Anchor List:	Download Anchor List
IPO Listing At:	BSE, NSE
Retail Quota:	TBD
IPO Issue Type:	Book Build Issue
IPO Issue Size:	₹675 Cr
Face Value:	₹10 Per Equity Share
IPO Discount:	₹2 Shareholders
Promoter Holding Pre IPO:	94.40%
Promoter Holding Post IPO:	TBD
Allotment Status:	Allotment Status
BSE Code:	542904
NSE Code:	UJJIVANSFB

Ujjivan Bank IPO Important Dates

Get important updates regarding Ujjivan Bank IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Ujjivan Bank IPO dates
IPO Activity	Date
Basis of Allotment Date*	9th Dec 2019
Refunds Initiation*	10th Dec 2019
Credit of Shares to Demat*	11th Dec 2019
IPO Listing Date*	12th Dec 2019

* - Tentative Dates

Ujjivan Bank IPO Lots

IPO Activity	Date
Issue Price	₹36 - 37
Market Lot:	400 Shares
1 Lot Amount:	₹14800
Min Small HNI Lots(2-10 Lakh):	5600 shares(14 lots)
Min Big HNI Lots(10+ Lakh):

Zerodha Trade@20

The Pioneer Discount Broker
Get 100% Free Delivery Trading
Free Direct Mutual Funds & SIP

Open Demat Account

**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Ujjivan Bank

Incorporated Year: 2017
Sector: Banking and Finance
Website: https://www.ujjivansfb.in/

Ujjivan Small Finance Bank (USFB) IPO

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.

About Ujjivan Small Finance Bank Limited

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

Loans to micro banking customers that include group loans and individual loans
Agriculture and allied loans
MSE loans
Affordable housing loans
Financial institutions group loans
Personal loans
Vehicle loans

On the liability side, USFB offers:

Savings accounts
Current accounts
A variety of deposit accounts

Other Offerings from USFB

Non-credit offerings comprising ATM-cum-debit cards
Aadhaar enrolment services
Distribute third party insurance products
Point of sales (“POS”) terminals

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.

Ujjivan Bank IPO Strengths

Diversify product offerings.
Multiple Delivery Channels and Customer centric business model.
PAN India Presence - 24 states and UT cover 221 districts in India with 474 Banking Outlets.
Advance Digital Platform and Technology driven company.
Robust risk management framework.

Incorporation	Sector	IPO Issue Size	Website
NULL	NULL	₹675 Cr	https://www.ujjivansfb.in/

Ujjivan Bank IPO Objective

Fresh Issue – to augment bank’s tier-1 capital base to meet future capital requirements.
To achieve the benefits of listing the equity shares on the stock exchanges.

USFB IPO Updates

IPO Issue open on 2nd Dec 2019 and close on 4th Dec 2019.
The Anchor Investors bidding start one day in advance - 29th Nov, 2019
Investors Portion: QIB:75%, HNI:15%, Retail:10%.
Shareholder Quota: 75 Cr(10%), Cutoff Date - 22nd Nov 2019, Special Discount ₹2 Per Share.
Price Band: ₹36 - ₹37 per share, Lot Size: 400 Shares.

Ujjivan Bank IPO Subscription Details

Latest update on Ujjivan Bank IPO Subscription.

Ujjivan Bank IPO Subscription
Details	Qualified Institutional Buyers (QIB)	Non Institutinol Investors (NII)	Retail Individual Investors (RII)	Others	Total
Shares Available	562,50,000	281,25,000	187,50,000	208,33,333	1239,58,333
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

* - Period from July 4, 2016 to March 31, 2017

Ujjivan Bank financial
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

Company Address

Ujjivan Small Finance Bank Limited
Grape Garden
Koramangala,Bengaluru-560095
India
Website: https://www.ujjivansfb.in/
Phone: +91 80 4071 2121
Email: [email protected]

Ujjivan Bank IPO Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Website: https://kosmic.kfintech.com/ipostatus/
Phone: 04067162222, 04079611000
Email: [email protected]

Ujjivan Bank IPO Lead Manager

Ujjivan Bank IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Ujjivan Bank? Should I apply in Ujjivan Bank IPO?

Last Updated on 11-Dec-2019 22:50:39

User Reviews

11. Komal Bhalge Dec 12 2019 10:22:15 AM Reply

Sold one application @60.25. Good listing gain. Thanks, team for keep updating IPO information on site.

10. IPO Online Application Dec 06 2019 03:58:35 PM Reply

The allotment is going to declare tomorrow. The link will be active tmr.

10.1. Vaibhav S Dec 07 2019 09:28:25 AM

Ujjivan IPO Allotment is not yet out - going to be declared on Karvy site shortly -
Ujjivan IPO Allotment on Karvy

10.2. Komal Bhalge Dec 07 2019 09:32:56 AM

GMP for Uijjivan is 22 now. It's going down day by day. Better to book listing gain and exit.

10.3. IPO Online Application Dec 09 2019 11:54:22 AM

Ujjivan Bank IPO - Application submited via UPI - Subscription status ia available on NSE/BSE website.

https://www.bseindia.com/investors/appli_check.aspx
https://nseindia.com/products/dynaContent/equities/ipos/ipo_asba_details.jsp

Allpication submited via ASBA need to wait for Kary site to update the link.

10.4. IPO Updates Dec 09 2019 09:54:16 PM

Ujjivan Shareholding Quota Allotment status-

400(1 Lot), 417 (2 Lots),435 (3 Lots),452 (4 Lots),469 (5 Lots),487 (6 Lots),504(7 Lots),521(8 Lots),539(9 Lots),556(10 Lots),573(11 Lots),590(12 Lots),608(13 Lots),625 (14 Lots)

9. Vishwanath c Dec 04 2019 12:16:58 PM Reply

1. How many lots(max) one can apply in Shareholding Quota?
2. How many lots(max) one can apply in RII after applying in Shareholding?
3. At what rate one should bid in both categories?

9.1. Vijay Jain Dec 04 2019 12:19:12 PM

A1: Shareholding Quota Max 14 Application - 400X14X35=1,96,000
A2: You can apply Max 13 lots in RII after SHA.
A3: Retail - 37 and SHA - 35

8. Sanjoy sarkar Dec 04 2019 11:09:57 AM Reply

HDFC Bank ASBA is down, how can I Apply Ujjivan IPO now? Please help.

7. Vijay Jain Nov 26 2019 04:26:41 PM Reply

Must apply IPO - Dear Retail investor, Gray Market Price (GMP) ₹10-12, Kostak ₹400-450, a retail investor must apply in this IPO to get listing gain.

7.1. Vijay Jain Nov 26 2019 06:49:14 PM

Ujjivan Bank (USFB) roadshow rescheduled for tomorrow (27th Nov 2019) in Mumbai.

7.2. IPO Potter Nov 26 2019 06:58:00 PM

Looking to the successful IPO of CSB Bank IPO which is oversubscribed more than 87x, Ujjivan Bank IPO may be oversubscribed at least more than 125x. Retail quota is more in Ujjivan Bank compare to CSB Bank so all the best to all investors.

7.3. Vijay Jain Nov 28 2019 10:07:09 AM

Ujjivan Bank IPO Grey market premium (GMP) as on 28th Nov 2019 is ₹14-15, Kostak ₹300-350 & Subject to Sauda is ₹4000.

7.4. Manoj Kumar Nov 29 2019 06:23:39 AM

Ujjivan SFB IPO GMP 18.75

7.5. Vinay Jain Nov 29 2019 07:19:16 PM

Today's GMP 18.50 @ 5pm

6. IPO Potter Nov 29 2019 06:15:16 AM Reply

Ujjivan SFB IPO:

For sure, retail and shareholder category both are going to subscribes multiple times.

There are approx 110000 shareholders and 55000 applications required in shareholder category (10% of 75 cr reserved out of 750 crore ipo). If all shareholders will apply in reserved category then allotment ratio is 1:2. It is better to apply 2 lots in shareholder category. But apply only one lot in retail category.

Shareholders can apply - 1 lot in retail + (1 or 2) lots in shareholder quota

5. IPO Guru Nov 28 2019 09:51:45 AM Reply

Upcoming ipo with shareholder quota - Better to buy one share of parent company.

SBI card - parent - SBI
Hdb finance - parent - hdfc bank
Equitas small finance bank - parent - Equitas
Bajaj energy - parent - Bajaj Hindustan
PNB MetLife - parent - PNB
Reliance retail - parent - reliance
Reliance jio - parent - reliance

4. Harish Attarde Nov 19 2019 12:14:37 PM Reply

Hello Sir,

I have bought Ujjivan Holding on 21st Oct 2019, am I eligible for shareholder quota, Please confirm.

4.1. IPO Potter Nov 19 2019 12:18:16 PM

It's not yet clear, we need to wait for rhp.
Only Eligible UFSL Shareholders (i.e. Individuals and HUFs who are equity shareholders of our Promoter, UFSL
(excluding such other persons not eligible under applicable laws, rules, regulations and guidelines) as at the date of
the Red Herring Prospectus) would be eligible to apply in this Issue under the UFSL Shareholders Reservation Portion

4.2. Sachin D Nov 24 2019 10:51:40 PM

Cut off date for shareholding quota was 22nd Nov 2019. Investors holding shares on and before 22nd Nov 2019 are eligible.

4.3. Sachin Jain Nov 27 2019 03:52:03 PM

Got email from Ujjivan Financial Services Limited about Shareholding quota. All individuals who are eligible and updated email with CDSL/NSDL must have received email till now, please chk your inbox.

3. IPO Guru Nov 27 2019 10:22:02 AM Reply

Price Band : ₹36-₹37
Lot : 400 shares
Shareholder : ₹35
Opens : 2nd December 2019
Closes : 4th December 2019
Cut Off Date for Shareholders : 22nd November 2019

3.1. Heeramani Soram Nov 27 2019 10:23:46 AM

How many lots available in shareholder quota of USFB IPO?

3.2. IPO Potter Nov 27 2019 12:04:14 PM

Expected Listing price for Ujjivan Bank IPO - ₹55 to 60,. Recommendation - Apply

3.3. Viru Solanki Nov 27 2019 02:45:23 PM

Is there any discount for a retail category?

3.4. IPO Online Application Nov 27 2019 02:47:03 PM

Hello Viru Sir, No discount for the retail category. For shareholder quota, there is discount of Rs 2.

2. GMP Update Nov 27 2019 10:25:43 AM Reply

Ujjivan SFB IPO Grey Market Price (GMP) 16.00 as on 26 Nov 2019