IPO

Ujjivan Small Finance Bank Limited IPO

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Listed On: Dec 12, 2019 at ₹ 58.75

₹ 14800 /400 Shares

02 Dec, 2019

Open Date

04 Dec, 2019

Close Date

10 Dec, 2019

Allotment Date

12 Dec, 2019

Listing Date
IPO Issue Details
  • Issue Price Rs 36 to Rs 37 Rs per Equity Share ( Rs 35 per equity share for share holders )
  • Face Value Rs 10 Per Equity Share 
  • Issue Price Total around 20,27,02,702 Equity Shares of Rs 10/- at price of Rs 36/- to Rs 37/- with aggregating up to Rs 750 Cr
  • Listing at NSE, BSE
  • List Price 58.75
  • Listing Date 2019-12-12
  • Lead Manager IIFL Holdings Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited
  • Registrar Link Intime India Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


The IPO of is priced at ₹36 - 37 per equity share, which has a face value of Rs 10 Per Equity Share  each, IPO bidding starts from Dec 2, 2019 and ends on Dec 4, 2019. The allotment for IPO will be finalized on Dec 10, 2019. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 12, 2019. The company shall list its equity shares on the NSE, BSE. Link Intime India Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are IIFL Holdings Limited, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited.


The IPO sets its price band at 36 - 37 for each share. A single application for Ujjivan Small Finance Bank Limited IPO must contain at least 400 shares.

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IPO Subscription Analysis And Details
Retail
92.00x
QIB
6.00x
NII
13.00x
Total
20.00x
As on QIB NII Retail Share Holder Total
Shares Offered / Reserved 5,62,50,000 2,81,25,000 1,87,50,000 2,08,33,333 20,14,25,600
Day 1 02-12-19
1,29,94,400 0.23 x 1,20,20,800 0.43 16,14,46,400 8.61 x 1,49,64,000 0.72 x 20,14,25,600 1.62 x
Day 2 03-12-19
4,75,86,400 0.85 x 6,92,23,600 2.46 44,71,85,200 23.85 x 3,89,89,200 1.87 x 60,29,84,400 4.86 x
Day 3 04-12-19
6,22,80,32,000 110.72 x 13,30,31,91,200 473 92,05,16,800 49.09 x 8,62,90,400 4.14 x 20,53,80,36,000 165.68 x
Valuations
Earnings Per Share (EPS) Rs 1.15/-
P/E Ratio 32
RoNW 9.49%
Net Asset Value (NAV) - As on 30.09.19 13.84
IPO - Issue Objectives
1

Augmenting the Bank's Tier - 1 capital base to meet our Bank's future capital requirements

2

Meeting the expenses in relation to the Issue

3

Receive the benefits of listing the Equity Shares on the Stock Exchanges

IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Ujjivan Small Finance Bank Limited 2.67 32 9.49 2037.58
DCB Bank Limited 1.71 15.69 10.91 3041.49
AU Small Finance Bank Limited 7.28 41.57 17.51% 2948.84
Bandhan Bank Limited 4.71 24.86 18.94% 6644.05
RBL Bank Limited 2.00 19.70 10.18% 6300.71
Equitas Holdings Limited 1.83 357.04 0.52% 2275.31
CreditAccess Grameen Limited 4.22 28.90 14.59% 1281.33