IPO Issue Details
Issue Price / Price Band₹210 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size70 Shares per Lot
Total Issue Size4,20,23,609 shares (aggregating up to ₹882.50 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 28 Apr 2016
Subscription CloseMon, 02 May 2016
Anchor AllotmentWed, 27 Apr 2016
Basis of AllotmentSun, 08 May 2016
Initiation of RefundsMon, 09 May 2016
Credit of Shares to DematMon, 09 May 2016
Listing DateTue, 10 May 2016
UPI Mandate Deadline2016-05-02
Application & Investment Details
Retail — Min (1 Lots)₹14,700 — 70 shares
Retail — Max (13 Lots)₹191,100 (13 Lots)
HNI — Min (14 Lots)₹2,05,800 — 980 shares
Pre-IPO Promoter Holding10,11,86,028 shares
Post-IPO Promoter Holding11,82,41,305 shares
Fresh Issue Shares1,70,55,277 shares (aggregating up to ₹358.16 Cr)
Offer for Sale Shares2,49,68,332 shares of ₹10 (aggregating up to ₹524.33 Cr)
About Ujjivan Financial Services Ltd.
Incorporated in 2005, Ujjivan Financial Services Ltd is an Indian microfinance services company primarily based on the joint liability group lending model for providing collateral free, small ticket-size loans to economically active poor women. They also offer individual loans to Micro & Small Enterprises ("MSEs").They offers group loans and individual loan as per their customer requirements. That include agricultural, education, home improvement, home purchase and livestock loans. In addition to loan products, they also provide non-credit offerings comprising of life insurance products, in partnership with insurance providers such as Baja Allianz Life Insurance, Kotak Mahindra Life Insurance, and HDFC Life Insurance Company Ltd.Ujjivan Financial operations is spread across 24 states and union territories, and 209 districts across India. serve over 2.77 million active customers through our 469 branches and 7,786 employees.
Objects of the Issue
(Standard — DRHP pending)
Ujjivan Financial Services Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding of Capital Expenditure Requirements
2
Working Capital Requirements
3
General Corporate Purposes
Detailed fund allocation will be available once the company files DRHP with
SEBI.
Shareholding & Lock-in
Pre-IPO Promoter Holding
10,11,86,028 shares
Post-IPO Promoter Holding
11,82,41,305 shares