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.
| Date | 02 Dec 2019 – 04 Dec 2019 |
| Price range | 36 – 37 |
| Minimum order quantity | 400 | (D)RHP | View |
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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