1. How many lots(max) one can apply in Shareholding Quota? 2. How many lots(max) one can apply in RII after applying in Shareholding? 3. At what rate one should bid in both categories?
9.1.Vijay JainDec 04 2019 12:19:12 PM
A1: Shareholding Quota Max 14 Application - 400X14X35=1,96,000 A2: You can apply Max 13 lots in RII after SHA. A3: Retail - 37 and SHA - 35
Must apply IPO - Dear Retail investor, Gray Market Price (GMP) ₹10-12, Kostak ₹400-450, a retail investor must apply in this IPO to get listing gain.
7.1.Vijay JainNov 26 2019 06:49:14 PM
Ujjivan Bank (USFB) roadshow rescheduled for tomorrow (27th Nov 2019) in Mumbai.
7.2.IPO PotterNov 26 2019 06:58:00 PM
Looking to the successful IPO of CSB Bank IPO which is oversubscribed more than 87x, Ujjivan Bank IPO may be oversubscribed at least more than 125x. Retail quota is more in Ujjivan Bank compare to CSB Bank so all the best to all investors.
7.3.Vijay JainNov 28 2019 10:07:09 AM
Ujjivan Bank IPO Grey market premium (GMP) as on 28th Nov 2019 is ₹14-15, Kostak ₹300-350 & Subject to Sauda is ₹4000.
For sure, retail and shareholder category both are going to subscribes multiple times.
There are approx 110000 shareholders and 55000 applications required in shareholder category (10% of 75 cr reserved out of 750 crore ipo). If all shareholders will apply in reserved category then allotment ratio is 1:2. It is better to apply 2 lots in shareholder category. But apply only one lot in retail category.
Shareholders can apply - 1 lot in retail + (1 or 2) lots in shareholder quota
I have bought Ujjivan Holding on 21st Oct 2019, am I eligible for shareholder quota, Please confirm.
4.1.IPO PotterNov 19 2019 12:18:16 PM
It's not yet clear, we need to wait for rhp. Only Eligible UFSL Shareholders (i.e. Individuals and HUFs who are equity shareholders of our Promoter, UFSL (excluding such other persons not eligible under applicable laws, rules, regulations and guidelines) as at the date of the Red Herring Prospectus) would be eligible to apply in this Issue under the UFSL Shareholders Reservation Portion
4.2.Sachin DNov 24 2019 10:51:40 PM
Cut off date for shareholding quota was 22nd Nov 2019. Investors holding shares on and before 22nd Nov 2019 are eligible.
4.3.Sachin JainNov 27 2019 03:52:03 PM
Got email from Ujjivan Financial Services Limited about Shareholding quota. All individuals who are eligible and updated email with CDSL/NSDL must have received email till now, please chk your inbox.
Price Band : ₹36-₹37 Lot : 400 shares Shareholder : ₹35 Opens : 2nd December 2019 Closes : 4th December 2019 Cut Off Date for Shareholders : 22nd November 2019
3.1.Heeramani SoramNov 27 2019 10:23:46 AM
How many lots available in shareholder quota of USFB IPO?
3.2.IPO PotterNov 27 2019 12:04:14 PM
Expected Listing price for Ujjivan Bank IPO - ₹55 to 60,. Recommendation - Apply
3.3.Viru SolankiNov 27 2019 02:45:23 PM
Is there any discount for a retail category?
3.4.IPO Online ApplicationNov 27 2019 02:47:03 PM
Hello Viru Sir, No discount for the retail category. For shareholder quota, there is discount of Rs 2.