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Is ujjivan small finance bank IPO good?

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Is ujjivan small finance bank IPO good?

Recommendation on Ujjivan Small Finance Bank (USFB) Limited IPO: Review and Recommendation of InvestorZone is: 5/10 The valuation of Ujjivan Small Finance Bank at an Issue price of Rs. 37 looks undervalued as compared to its peer.

How is ujjivan Bank IPO?

The IPO of Ujjivan Small Finance Bank, which has seen strong response from retail investors, closes today. The ₹750 crore IPO had opened on Monday at a price band of ₹36-37 per share.

What is ujjivan small finance bank IPO?

Ujjivan Bank IPO is a main-board IPO of 208,333,333 equity shares of the face value of ₹10 aggregating up to ₹750.00 Crores. The issue is priced at ₹36 to ₹37 per equity share. The minimum order quantity is 400 Shares. The IPO opens on Dec 2, 2019, and closes on Dec 4, 2019.

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Who is the registrar for ujjivan?

Karvy Fintech Private Limited
Karvy Fintech Private Limited is the registrar of the Ujjivan Small Finance Bank and subscribers can check the allotment status on its website.

What is the status of ujjivan bank?

Ujjivan Bank IPO Subscription Status Live Ujjivan Bank IPO subscribed 165.66 times. The public issue subscribed 48.97 times in the retail category, 110.72 times in QIB, and 473.00 times in the NII category by Dec 4, 2019.

Why ujjivan stock is going down?

A key reason for this is likely to be the bank’s delayed acceptance and recognition of bad loans in its microfinance segment. The bank’s stressed position is 15.6\% of the loan book. This includes gross non-performing assets of 9.8\% and restructured loans at 5.8\%.

Who is the CEO of ujjivan small finance bank?

Ittira Davis to be appointed MD & CEO of Ujjivan Small Finance Bank.

How can I check IPO allotment status in ujjivan small finance?

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Below are the steps to check Ujjivan Bank IPO allotment status online: Visit the Ujjivan Bank IPO allotment status page. Click on the green Ujjivan Bank IPO Allotment Status. Enter either PAN number, Application Number or DP Client ID of the demat account to check the Ujjivan Bank IPO allotment status.

How can I check my application status in ujjivan small finance bank?

You can call the customer care at 1800-208-2121….How to Check Ujjivan Small Finance Bank Personal Loan Status?

  1. Visit the official website of the bank.
  2. Login to the net banking using your customer ID and password.
  3. Know the status of your loan just by filling the application number.

Who is the CEO of ujjivan bank?

Ujjivan Small Finance Bank today appointed Ittira Davis as managing director (MD) and chief executive officer (CEO) of the bank for a period of three years. The appointment is subject to the approval of the members of the Bank and Reserve Bank of India (RBI).

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How do I apply for a small finance bank?

How to Start a Small Finance Bank?

  1. Company Registration. An applicant wanting to form this form of entity must register the entity as a private limited company or a public limited company.
  2. Secure Capital.
  3. Secure Certificate Related to No Lien.
  4. Make an Application with the RBI.
  5. File Documents with RBI.

Is ujjivan bank safe?

Investing in a fixed deposits with the highest rating of AAA, rated by ICRA and CRISIL, is a reliable investment option. Thus, Ujjivan Small Finance Bank term deposit is safe and secure, as the funds are backed by the government no matter what the current situation of the Bank is.

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