Ujjivan SFB’s public offer subscribed 170 times on final day
The portion of the share sale reserved for institutional investors was subscribed 113.8 times.Shareholders of the bank’s parent company— Ujjivan Financial Services Ltd— subscribed to shares worth 3.27 times the portion reserved for them
The initial public offering (IPO) of Ujjivan Small Finance Bank Ltd was subscribed as many as 170 times on Wednesday, the final day of the share sale, making it one of the most subscribed IPOs in the last few years in Indias primary market.
As of 5
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