◆ Ujjivan Small Finance Bank Ltd IPO
Ujjivan Financial Services set out on a mission to utilize the full potential of the financially unserved population by aiding their development to procure a brighter future. The bank got a license from RBI in 2016 to set up a small finance bank business in India. The bank has a presence in 24 states.
Ujjivan Small Finance Bank 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.
◆ Issue Open: 02 Dec, 2019 (Tomorrow)
◆ Issue Close: 04 Dec, 2019
◆ Issue Price: Rs 36 - Rs 37 Per Equity Share
◆ Market Lot: 400 Shares
◆ Minimum Application Amount: Rs. 14800
◆ Important Dates:
● Finalisation of Basis of Allotment: 9 Dec, 2019
● IPO Shares Listing Date: 12 Dec, 2019
Last Grey Market Updates (change daily)
GMP: Rs.60- Rs.65
Kostak Price: 350
Subject2: 5000