
Banking & Financial Services · NSE / BSE
Ujjivan Small Finance Bank Limited, established in 2017, is focused on providing banking and financial services to underserved and unserved sections of society in India with the aim of promoting financial inclusion. Promoted by Ujjivan Financial Services Limited, the bank leverages strong technology systems and an integrated lending approach to serve individuals, women entrepreneurs, and small businesses. It operates across 24 states and union territories, serving around 4.72 million customers through a wide network of banking outlets, ATMs, asset centers, and phone banking facilities, supported by a multilingual mobile banking app. The bank offers a diverse range of loan products including agriculture, housing, micro banking, personal, vehicle, and small enterprise loans, along with savings and current accounts, deposits, debit cards, Aadhaar services, insurance products, and digital banking features such as UPI, internet and mobile banking, RuPay cards, and biometric ATMs, while using digital systems to improve loan processing, credit assessment, and collections.
Price Band
₹36 – ₹37
Issue Size
₹750 Cr
Lot Size
400 shares
GMP
Est. Listing
₹37
at current GMP
Subscribed
—
Open
2 Dec 2019
Close
4 Dec 2019
Allotment
10 Dec 2019
Refund
11 Dec 2019
Demat Credit
12 Dec 2019
Listing
12 Dec 2019
Designated Registrar: Kfin Technologies Limited
Allotment Date
10 Dec 2019
Basis finalization
Refunds Initiate
11 Dec 2019
Mandate release
Demat Credit
12 Dec 2019
Shares in demat
Listing Debut
12 Dec 2019
Trading begins
Ujjivan Small Finance Bank Limited is bringing an initial public offering (IPO) in the Banking & Financial Services sector with an aggregate issue size of ₹750 Crores. The shares are offered at a price band of ₹36 to ₹37 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2019-12-04, the basis of allotment is scheduled to be finalized on 2019-12-10. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.