Ujjivan Small Finance Bank IPO Closed

Ujjivan Small Finance Bank Limited (Ujjivansfb) is a bank licensed under Section 22 (1) of the Banking Regulation Act, 1949 to carry out small finance bank business in India.

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Date 02 Dec 2019 – 04 Dec 2019
Price range 36 – 37
Minimum order quantity 400
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As opposed to a universal banking license, a small finance bank is in the business of primarily disbursing small or mirco loans. Ujjivan Small Finance Bank is required to go public as part of the conditions of receiving the banking license. Its holding company Ujjivan Financial Services Limited is already listed on the Indian exchanges.

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