Ujjivan small Finance bank Pvt.ltd IPO
Ujjivan SFB IPO subscribed over 165 times on last
day, surpasses IRCTC to become most subscribed
IPO this year....!
KEY HIGHLIGHTS
- Ujjivan Small Finance Bank's (USFB) initial public offering (IPO) has received 165.55 times subscription on the third and last day of the bidding process
- Ujjivan Small Finance Bank went past IRCTC to become the most subscribed IPO so far this year
Ujjivan Small Finance Bank's (USFB) initial public offering (IPO) has
received 165.55 times subscription on the third and last day of the bidding process.
The issue received bids for 20,52,12,98,000 shares against the issue size of 12,39,58,333
shares, as per the data available with the NSE. The bank aimed to raise Rs 750 crore with this IPO.
The price band was set at Rs 36-Rs 37 per share, where each share had a face value of Rs 10.
I think it will be big boom in market...!
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