On Friday the company allotted shares worth Rs 303 crore to anchor investors. The allotment was made at Rs 37 per share.
The Government of Singapore, Monetary Authority of Singapore, CX Partners Fund, Aberdeen, HDFC Life Insurance Company, Bajaj Allianz Life Insurance Company, Sundaram Mutual Fund, Goldman Sachs India, and ICICI Prudential participated in the anchor investor bidding.
closes on Wednesday. The price band for the issue is Rs 36 to Rs 37 per share. At the top-end, the Ujjivan
Small Finance Bank will be valued at Rs 6,390 crore. The company is valued at nearly twice its estimated book value of 2019-20.