UJJIVAN FINANCIAL SERVICES LIMITED - IPO.
Price band of Rs.207-210. Face Value : Rs.10/-.
Issue opens on 28th April,2016, Issue Closes on : 2nd May,2016.
The IPO consists of a fresh issue of Equity shares aggregating upto
Rs.3581.61 million and an Offer for Sale upto 24,968,332 Equity
shares by Elevar,FMO,IFC,IFIF,MUC,Sarva Capital,WCP & WWB.
The Company in consultation with the BLRMs,has completed a
Pre-IPO placement of 14,236,057 equity shares for cash aggregating
to Rs.2918.39 million.The size of the Fresh Issue as disclosed in the
Red Herring prospectus Dtd.31.12.2015 being Rs.6500 million,has
been reduced accordingly.
About the Company:Ujjivan Financial Services Ltd.,(UFS):The Company
has 11% market share in the Micro Finance segment & now becoming
a Small Finance Bank.UFS has served over 2.77 million customers
spread across 24 states & Union territories through a network of 270
branches and 7862 employees.
Bids can be made for a minimum of 70 equity shares & in multiples
of 70 equity shares thereafter.
Price band of Rs.207-210. Face Value : Rs.10/-.
Mr.Samit Ghosh,M.D& CEO(second from right) addressing media. |
Issue opens on 28th April,2016, Issue Closes on : 2nd May,2016.
The IPO consists of a fresh issue of Equity shares aggregating upto
Rs.3581.61 million and an Offer for Sale upto 24,968,332 Equity
shares by Elevar,FMO,IFC,IFIF,MUC,Sarva Capital,WCP & WWB.
The Company in consultation with the BLRMs,has completed a
Pre-IPO placement of 14,236,057 equity shares for cash aggregating
to Rs.2918.39 million.The size of the Fresh Issue as disclosed in the
Red Herring prospectus Dtd.31.12.2015 being Rs.6500 million,has
been reduced accordingly.
About the Company:Ujjivan Financial Services Ltd.,(UFS):The Company
has 11% market share in the Micro Finance segment & now becoming
a Small Finance Bank.UFS has served over 2.77 million customers
spread across 24 states & Union territories through a network of 270
branches and 7862 employees.
Bids can be made for a minimum of 70 equity shares & in multiples
of 70 equity shares thereafter.