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Ujjivan SFB reports 44 % YoY growth in advances in Q2, loan book expands
Lender reports 45% growth in deposits to Rs 20,389 crore at the end of the quarter
Ujjivan Small Finance Bank's Q4 profit falls 7% to Rs 126.5 crore
Ujjivan Small Finance Bank (SFB) on Thursday reported a 7 per cent decline in its net profit to Rs 126.5 crore for the last quarter of the fiscal ended in March 2022
Ujjivan SFB raises Rs 304 crore from anchor investors ahead of IPO
Singapore govt, CX Partners are key anchor investors
Ujjivan SFB's Rs 750-cr IPO priced at 3x its book value; issue opens Dec 2
The shareholders of Ujjivan Financial Services will get shares at a discount of Rs 2 per share to the final issue price.
Despite growth, valuation rerating unlikely for Ujjivan Financial
Higher costs to keep earnings growth and return ratios under pressure
IFC plans to invest $40 million in Ujjivan Financial
Ujjivan is a microfinance lender and it will soon enter into small finance banking
Ujjivan Financial's IPO subscribed 40 times
The 29.7 million shares on offer saw bids for 1.2 billion shares worth Rs 25,200 crore, despite no participation by foreign investors
Ujjivan Financial raises Rs 300 cr in pre-IPO placement
Company intends to raise between Rs 1,000 and Rs 1,200 crore through its IPO