Ujjivan Financial Services Ltd IPO

Closed

IPO Synopsis

Initial public offer of 42,023,609 equity shares of face value of Rs. 10 each (equity shares) of Ujjivan Financial Services Ltd (company or issuer) for cash at a price of Rs. 210 per equity share (including a share premium of Rs. 200 per equity share) aggregating to Rs. 882.50 crores (offer) comprising a fresh issue of 17,055,277 equity shares aggregating to Rs. 358.16 Crores by the company (fresh issue) and an offer for sale of 24,968,332 equity shares aggregating to Rs. 524.34 Crores comprising of an offer for sale of 3,495,626 equity shares by Elevar Equity Mauritius (Elevar and such offered shares Elevar offered shares), 3,060,722 equity shares by International Finance Corporation (IFC and such offered shares IFC offered shares), 1,754,386 equity shares by India Financial Inclusion Fund (IFIF and such offered shares, IFIF offered shares), 2,523,725 equity shares by Mauritius Unitus Corporation (MUC and such offered shares MUC offered shares), 2,698,163 equity shares by Nederlandse Financierings-Maatscgappij Voor ontwikkelingslanden N.V. (FMO and such offered shares FMO offered shares), 2,935,213 equity shares by Sarva Capital LLC (sarva capital and such offered shares sarva capital offered shares), 3,093,869 equity shares by WCP Holding III (WCP and such offered shares WCP offered shares) and 5,406,628 equity shares by WWB Capital Partners, L.P. World Banking Capital Partners, L.P. (WWB and such offered shares WWB offered shares) (Elevar, FMO, IFC, IFIF, MUC, SARVA capital, WCP, and WWB collectively referred to as the selling shareholders and Elevar offered shares, FMO offered shares, IFC offered shares, IFIF offered shares, MUC offered shares, SARVA capital offered shares, WCP offered shares and WWB offered shares collectively referred to as the offered shares) by the selling shareholders (Offer for sale). The offer would constitute 35.54% of the Post-offer paid up equity share capital.

How to Apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

    Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

    Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

    You will receive a mandate notification to block funds in your UPI app

  • You will receive a mandate notification to block funds in your UPI app

    You will receive a mandate notification to block funds in your UPI app

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Frequently Asked Questions

An Initial Public Offering OR IPO is the process of issuing stock for sale for the first time by a private corporation to the public. A company can issue its stock for sale for the first time to raise money by issuing either debt or equity. In case, the company chooses the equity route, the first such offering of equity shares to the public via listing of the shares in the stock markets is called an IPO.

 

This is one of the processes that has to do with the pricing of the IPO. An IPO can be made either through book building method, the fixed price method or a combination of both.

While in book building the price at which securities will be offered/allotted is not known in advance to the investor (investor is aware of an indicative price range only), in the fixed price process price at which the securities are offered/allotted is known in advance to the investor.

When it comes to an IPO, there are 4 types of investors who can bid, as per SEBI guidelines. They are –

  1. Qualified institutional investors (QIIs)
  2. Anchor investors
  3. Retail investors and
  4. High net-worth individuals (HNIs)/Non-institutional investors (NII).

 

IPO subscription period is the period of time during which investors can promise to purchase shares of a security to be issued as initial public offering (IPO).

Check: IPO Application Process

For details about the new IPO application process, click here.

To apply in an IPO with 5paisa:

  • Login to the 5paisa website or mobile trading app
  • Go to the Current IPOs section
  • Select the IPO you wish to apply for
  • Enter IPO details like price, quantity (lots) and your UPI ID
  • Check details and Confirm
  • Approve the UPI notification received on your phone (in BHIM App or your net banking app)

A Red Herring Prospectus, or offer document, is filed by a company to SEBI. This document is very useful to as it provides detailed information about the company’s business operations, financials, promoters and the company’s objective for raising funds.

Contact Details of Ujjivan Financial Services Ltd IPO

Contact Information

Address

Grape Garden No 27 3rd A Cross,
18th Main 6-Block Koramangala,
Bangaluru, Karnataka 560095

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