Ujjivan Small Finance Bank (USFB) IPO Details
Incorporated in 2017, Ujjivan Small Finance Bank Limited (USFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country. USFB Bank is promoted by Ujjivan Financial Services Limited (UFSL) which is an NBFC providing financial services to the economically active poor, who are not served by the Financial Institutions.
Ujjivan Small Finance Bank (USFB) IPO FAQs
Ans: Rs 26 to Rs 27.5 (As on 05/12/2019)
Rs 24 to Rs 25 (As on 04/12/2019)
Rs 22 to Rs 22.5 (As on 03/12/2019)
Rs 19 to Rs 19.5 (As on 02/12/2019)
Rs 19 to Rs 19.5 (As on 01/12/2019)
Rs 17 to Rs 17.5 (As on 29/11/2019)
Rs 17 to Rs 17.5 (As on 28/11/2019)
Rs 15 to Rs 15.5 (As on 27/11/2019)
Rs 14 to Rs 15.5 (As on 26/11/2019)
Rs 11 to Rs 12 (As on 25/11/2019)
Rs 11 to Rs 13 (As on 22/11/2019)
Rs 10 to 11 (As on 21/11/2019)
Rs 8 to 10 (As on 20/11/2019)
Ans: 2 December 2019
Ans: December 4, 2019
Ans: UPI Mode for all Retail Investor
Ans: ₹36 to ₹37 Per Equity Share
Ans: 9 December 2019
Ans: USFB IPO allotment status – Check the Ujjivan Bank IPO allotment status.
Ans: 12 December 2019
| Particulars | For the year/period ended (₹ in Million) | |||
|---|---|---|---|---|
| 30-June-19 | 31-Mar-19 | 31-Mar-18 | ||
| Total Assets | 142,926.11 | 137,422.15 | 94,728.73 | |
| Total Revenue | 7,055.00 | 20,375.75 | 15,793.55 | |
| Profit After Tax | 944.84 | 1,992.18 | 68.63 | |
USFB Loan Product
1. Agriculture and allied loans
2. Affordable housing loans
3. Loans to micro banking customers
4. Personal loans
5. Financial institutions group loans
6. Vehicle loans
7. MSE loans.
The bank has a diversified portfolio offering savings, current & deposit accounts, Aadhaar enrolment services, ATM-cum-debit cards, point of sales terminals, and distributing 3rd party insurance products. USFB is focused on digital platform and provides bill payments, SMS banking, mobile banking, RuPay Platinum debit cards, internet banking, biometric ATMs services digitally. The bank also allows registering savings account on UPI based mobile applications. It has an automated tablet-based
loan origination system, digitalised credit processing and automated receipt collection system to reduce the turn around time of customers.
Competitive Strengths
1. Serving mass-market segment of unserved and underserved
2. Multiple delivery channels
3. Pan-India presence
4. Digitally advanced platform
5. An established risk management framework
Company Promoters:
Ujjivan Financial Services Limited (UFSL) is the promoter of the company.