Stocks

Ujjivan SFB's IPO to keep promoter in focus

| Updated on November 29, 2019 Published on November 29, 2019

 

Shares of Ujjivan Financial Services will remain in focus, as the ₹750-crore initial public offering (IPO) of Ujjivan Small Finance Bank opens on December 2 in a price band of ₹36-37. Ujjivan Financial Services is the promoter of Ujjivan Small Finance Bank. The IPO comprises a fresh issue of equity shares aggregating to ₹750 crore while 10 per cent of that is reserved for eligible shareholders of Ujjivan Financial Services. Bids can be placed for a minimum of 400 equity shares.

Published on November 29, 2019
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