IPO Lot Size

Minimum bid: 400 shares and in multiples thereof

Lots

About Company

Sector - Other Bank

IncorporatedNULL

Incorporated in 2017, Ujjivan Small Finance Bank Limited (USFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country. USFB Bank is promoted by Ujjivan Financial Services Limited (UFSL) which is an NBFC providing financial services to the economically active poor, who are not served by the Financial Institutions. UFSL offers small size loan products to economically poor women, individual loans to Micro and Small Enterprises (MSEs). It follows the integrated lending approach where the company considers technology infrastructure and back-end support functioning before lending. USFB has a wide presence across 24 states and union territories in India. As on 30 June 2019, it has 4.72 million customers, 474 Banking Outlets, 387 ATMs, two 24/7 phone banking units (in Bengaluru and Pune) and 50 additionally operated Asset Centres. Customers can use USFB mobile banking application in 5 languages.

USFB Loan Product

1. Agriculture and allied loans 2. Affordable housing loans 3. Loans to micro banking customers 4. Personal loans 5. Financial institutions group loans 6. Vehicle loans 7. MSE loans

The bank has a diversified portfolio offering savings, current & deposit accounts, Aadhaar enrolment services, ATM-cum-debit cards, point of sales terminals, and distributing 3rd party insurance products. USFB is focussed on digital platform and provides bill payments, SMS banking, mobile banking, RuPay Platinum debit cards, internet banking, biometric ATMs services digitally. The bank also allows registering savings account on UPI based mobile applications. It has an automated tablet-based loan origination system, digitalised credit processing and automated receipt collection system to reduce the turn around time of customers.

Competitive Strengths

1. Serving mass-market segment of unserved and underserved 2. Multiple delivery channels 3. Pan-India presence 4. Digitally advanced platform 5. An established risk management framework

Ujjivan Bank IPO Objectives

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

#	Issue Objects	Est Amt (₹ Cr.)
1	To augment our Bank’s Tier –1 capital base to meet our Bank’s future capital requirements such as organic growth and expansion and to comply with regulatory requirements for enhanced capital base,

Ujjivan Bank Issue Expenses

#	Issue Expenses	Est Amt (₹ Cr.)
1	BRLMs fees and commissions (including underwriting commission, brokerage and selling commission)	13.90
2	Commission/processing fee for SCSBs(1)and Bankers to the Issue and fee payable to the Sponsor Bank for Bids made by RIBsand Eligible UFSL Shareholdersusing UPI	0.42
3	Brokerage and selling commission and bidding charges for Members of the Syndicate, RTAs and CDPs(2)and Registered Brokers	1.88
4	Fees payable to the Registrar to the Issue	0.11
5	Fees payable to the other advisors to the Issue	0.72
6	Listing fees, SEBI filing fees, upload fees,BSE & NSE processing fees, book building software fees and other regulatory expenses	2.13
7	Printing and stationery	2.88
8	Advertising and marketing expenses	10.82
9	Fee payable to legal counsels	2.58
10	Miscellaenous	6.27

IPO Listing At	BSE, NSE
IPO Issue Type	Book Build Issue
Issue Size	₹745.95 Cr
Fresh Issue	₹745.95 Cr
Face Value	₹10 Per Equity Share
Price Band	₹36.00-37.00 per share
Discount	Retail: 0.00,ShareHolder: 2.00
BSE Code	542904
NSE Code	UJJIVANSFB
Registrar	Kfin Technologies Ltd.
Lead Managers	Kotak Mahindra Capital Co.Ltd.

Ujjivan Bank IPO Details 2026