Ujjivan SFB is likely to fix the issue price at Rs 37, the upper limit of IPO price band.

The Ujjivan Bank is now the best IPO of 2019, overtaking IRCTC issue.

SBI shareholders likely to have better chance of getting allotment even if they hold one share.

Out of the 15 IPOs so far this year, only three were financed by the NBFCs.

Ujjivan Small Finance Bank raised Rs 303.75 crore from anchor investors on Friday.

The price band for the SFB issue has been fixed in the Rs 36-37 range.

The IPO, with a price band of Rs 36-37 per equity share, will close on December 4.

The proceeds of the issue will be utilised towards augmenting the company's capital base to meet future requirements.

Nomura India expects the holding company to attract a holding discount of 20-80 per cent.

The post issue valuation of the bank would be around Rs 8500 crore.

Thyrocare was listed on Monday at a premium of 48% to the offer price, while Ujjivan’s listing gain on Tuesday was just 8%.

Ujjivan's issue comprised fresh issuance of shares worth Rs 358.16 crore and an offer for sale of up to 24,968,332 shares by the existing s...

Another requirement which Ujjivan has to fulfil is to bring down the foreign holding 49 per cent or lower.

Mauritius Unitus Corp and WCP Holdings III, a private fund of former president of World Bank James Wolfensohn, will offload their shares in...

The offer will bring down the foreign shareholding in the microlender to around 45% from the current 77%, which is required as per RBI guid...

The size of the fresh issue Rs 650 crore - as disclosed in the DRHP dated December 31, 2015, has been now reduced accordingly.

In comparison, six IPOs had hit the market in 2014 and garnered just Rs 1,261 crore, while three firms had launched their public issues in ...