According to the brokerage, the Ujjivan Small Finance Bank IPO allocation status can be finalized today. Karvy Fintech Private Limited is the registrar of Ujjivan Small Finance Bank and customers can check the status of allotment on its website. Ujjivan Small Finance Bank shares are likely to be listed on December 11. The issue opened from December 2 to December 4, subscribed 165.64 times. The price range of Ujjivan Small Finance Bank IPO was set at 36-37 per share, while the lot size was 400 shares.
Those who applied for Ujjivan Small Finance Bank IPO can check the status of their allotment through application number, DPID / Client ID / PAN.
) The 750-crore Initial Public Offering (IPO) received bids for 2,053 crore shares against the total issue size of 12.39 crore shares.
The Press Trust of India reported that in different segments, the category reserved for Qualified Institutional Buyers (QIBs) was 113.80 times while non-institutional investors were subscribed 486.14 times. The category of retail individual investors was subscribed 50.16 times.
Ujjivan went to Small Finance Bank IRCTC, which started bumper on exchanges, becoming the most subscribed IPO so far this year. The IRCTC IPO was subscribed 111.91 times in October.
Share allocation is according to predefined rules. The total number of shares available to retail investors is divided by the minimum lot size, which is 400 in the case of Ujjivan Small Finance Bank. It determines the maximum number of applicants who will receive the allocation. If the number of applicants is more than this, a lottery is conducted.
Ujjivan Small Finance Bank had withdrawn ₹ 303.75 crore from anchor investors. The Government of Singapore, Monetary Authority Singapore, CX Partners Fund, Aberdeen, HDFC Life Insurance Company, Bajaj Allianz Life Insurance Company, Sundaram Mutual Fund, Goldman Sachs India, ICICI Prudential participated in the anchoring bidding.