Ujjivan Small Finance Bank IPO
Ujjivan Small Finance Bank Limited (UJJIVANSFB) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 12 December 2019.
Listed 12 Dec
Subscribed 166x
Listing gain +58.8%
Issue details
Price band
₹36.0–37.0
Issue price
₹37.0
Lot size
400 shares
Min. retail bid
₹14,800
Max. retail bid
13 lots (₹1,92,400)
Issue size
₹771 Cr
Face value
₹10
Bidding
02 Dec – 04 Dec 2019
Listing
12 Dec 2019
Retail quota
10% (75% QIB issue)
Registrar
Karvy Fintech Private Limited
Discount
Rs.2/- per Equity Share for Eligible Share Holders of UFSL
Listing day
Listed at
₹58.8
+58.8% vs issue price ₹37.0
Day's high
₹62.8
+69.7% · low ₹53.0 (+43.4%)
Day's close
₹56.0
+51.2% · traded ₹1,444 Cr
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 5,62,50,000 | 6,22,80,32,000 | 111x | |
| NII (HNI) total | 2,81,25,000 | 13,30,31,96,800 | 473x | |
| Retail | 1,87,50,000 | 92,05,16,800 | 49.1x | |
| Shareholders | 2,08,33,333 | 8,62,90,400 | 4.14x | |
| Total | 12,39,58,333 | 20,53,80,36,000 | 166x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Ujjivan Small Finance Bank's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Central Depository Services (India)Jun 2017 | 149x | 563x | 23.8x | 170x | ₹524 Cr | +67.8% | +81.2% |
| Quess CorpJul 2016 | 59.0x | 392x | 34.1x | 144x | ₹411 Cr | +57.7% | +60.7% |
| Capacit'e InfraprojectsSep 2017 | 131x | 638x | 17.6x | 183x | ₹408 Cr | +59.6% | +59.6% |
| Apollo Micro SystemsJan 2018 | 102x | 958x | 40.2x | 249x | ₹162 Cr | +69.1% | +74.5% |
| MAS Financial ServicesOct 2017 | 148x | 379x | 16.0x | 128x | ₹464 Cr | +43.8% | +48.5% |
| Indian Railway Catering and Tourism CorporationOct 2019 | 109x | 355x | 14.9x | 112x | ₹1,125 Cr | +95.6% | +132.4% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Kotak Mahindra Capital Company | 83 | +20.8% | 76% |
| JM Financial | 109 | +22.8% | 75% |
| IIFL Securities | 94 | +19.3% | 71% |
Offer documents (NSE)
Frequently asked
What is the Ujjivan Small Finance Bank IPO price band and lot size? ₹36.0–37.0 per share, with a lot of 400 shares, so the smallest retail bid is ₹14,800.
How many times has it been subscribed? 166x overall: QIB 111x, NII 473x, retail 49.1x.
How did it list? It opened at ₹58.8, +58.8% against the issue price of ₹37.0, and closed its first day +51.2%.
Other IPOs of 2019
Prince Pipes and FittingsCSB BankVishwaraj Sugar IndustriesIndian Railway Catering and Tourism CorporationSterling & Wilson SolarAffle IndiaIndiaMART InterMESHNeogen Chemicals
All 2019 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.
