Ujjivan Financial Services IPO
Ujjivan Financial Services Limited (UJJIVAN) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 10 May 2016.
Listed 10 May
Subscribed 40.7x
Listing gain +10.4%
Issue details
Price band
₹207–210
Issue price
₹210
Lot size
—
Min. retail bid
—
Issue size
₹892 Cr
Face value
₹10
Bidding
28 Apr – 02 May 2016
Listing
10 May 2016
Retail quota
35%
Registrar
Karvy Computershare Private Limited
Listing day
Listed at
₹232
+10.4% vs issue price ₹210
Day's high
₹245
+16.5% · low ₹217 (+3.2%)
Day's close
₹232
+10.3% · traded ₹1,132 Cr
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 85,28,311 | 28,85,61,420 | 33.8x | |
| NII (HNI) total | 63,40,619 | 85,88,34,270 | 135x | |
| Retail | 1,47,94,776 | 5,94,16,910 | 4.02x | |
| Total | 2,96,63,706 | 1,20,68,12,600 | 40.7x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 4% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Ujjivan Financial Services's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| TeamLease ServicesFeb 2016 | 27.0x | 185x | 10.6x | 66.0x | ₹450 Cr | +1.2% | +21.4% |
| Thyrocare TechnologiesApr 2016 | 73.2x | 225x | 8.73x | 73.5x | ₹479 Cr | +49.1% | +49.1% |
| Precision CamshaftsJan 2016 | 2.62x | 0.73x | 2.01x | 1.91x | ₹424 Cr | -11.3% | -0.5% |
| Infibeam IncorporationMar 2016 | 0.86x | 2.23x | 1.31x | 1.11x | ₹1,148 Cr | +4.9% | +8.1% |
| HealthCare Global EnterprisesMar 2016 | 2.36x | 0.43x | 0.83x | 1.56x | ₹650 Cr | -3.6% | -2.8% |
| Equitas HoldingsApr 2016 | — | — | — | — | — | +31.9% | +33.6% |
Offer documents (NSE)
Frequently asked
What is the Ujjivan Financial Services IPO price band and lot size? ₹207–210 per share.
How many times has it been subscribed? 40.7x overall: QIB 33.8x, NII 135x, retail 4.02x.
How did it list? It opened at ₹232, +10.4% against the issue price of ₹210, and closed its first day +10.3%.
Other IPOs of 2016
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All 2016 IPOs →
Important: The AI listing estimates on Flash Finance are statistical estimates drawn from
how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell,
and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any
estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be
revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring
Prospectus and consult a SEBI-registered adviser before you invest.
