Ujjivan Small Finance Bank Limited
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Ujjivan Small Finance Bank Limited's achieved publicly listed status following its IPO debut on Dec 12, 2019 at the NSE, BSE platform. The offering successfully mobilized 20,83,33,333 Shares, with TBD allocated to corporate growth initiatives.
Investment participation occurred within the established price band of ₹36 to ₹37, starting from minimum lots of 400 shares. The subscription window from Dec 02, 2019 through Dec 04, 2019 enabled investor participation across market segments.
Share allocation was completed on Dec 10, 2019, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Strong Presence in Retail & Microfinance Segment: Focuses on serving underserved customers and small borrowers, creating a strong niche in financial inclusion.
- Diversified Loan Portfolio: Offers microfinance, housing loans, vehicle loans, and SME financing, reducing dependence on a single lending segment.
- Growing Digital Banking Adoption: Increasing focus on digital services and branch expansion supports customer growth and operational efficiency.
- Asset Quality Risk: Higher loan defaults or rising NPAs can directly impact profitability and financial performance.
- Dependence on Rural & Small Borrowers: Economic slowdowns or stress in lower-income segments can affect repayment capacity.
- Highly Competitive Banking Industry: Faces competition from private banks, other small finance banks, and fintech companies.
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