Wednesday, November 27, 2019

Ujjivan Small Finance Bank (USFB) IPO Subsribed 165.66x times overall

Ujjivan Small Finance Bank (USFB) IPO to hit the market on 02 December 2019 and closes on 04 December 2019. The price band is around 36 to 37 with the market lot of 400 shares. The shareholders will get Rs.2 discount and the cut off time is 22 November 2019. It will be good to see how investors will react to this. Check Ujjivan Small Finance Bank (USFB) IPO GMP by day to day.

Update: Ujjivan Small Finance Bank (USFB) IPO subscribed 165.66x times on day 3.

Ujjivan Small Finance Bank IPO Subscription Numbers
(Fully Subscribed)

Category Day 1 Day 2 Day 3
QIB 0.23x 0.85x 110.72x
HNI 0.43x 2.46x 473.00x
RII 8.61x 23.85x 48.97x
OTH 0.72x 1.87x 4.13x
Total 1.62x 4.86x 165.66x

Ujjivan Small Finance Bank IPO Dates & Price Band:

 IPO Open:  02-December-2019
 IPO Close:  04-December-2019
 IPO Size:  Approx ₹750 Crore (Approx)
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹36-37 Per Share
 Listing on:  BSE & NSE
 Retail Portion:  35%
 Equity:  342,857,142 Shares
 Discount:  ₹2 Per Shares for Share Holders
 Discount Cut off Date:  22-November-2019

Ujjivan Small Finance Bank IPO Market Lot:

 Lot Size:  Minimum 400 Shares & Maximum 5200 Shares
 Minimum Amount:  ₹14800
 Maximum Amount:  ₹192400

Ujjivan Small Finance Bank IPO Allotment & Listing:

 Basis of Allotment:  09-December-2019
 Refunds:  10-December-2019
 Credit to Demat Account:  11-December-2019
 Listing Date:  12-December-2019