Ujjivan Small Finance Bank IPO: Subscribe for long term as well as listing gains
As per our estimates, on the upper price band of Rs 37, the P/BV estimated after the issue for FY20 translates to 2.18x, which is quite lower compared with the 4x-5x P/BV ratio that the industry commands.
Rudra Shares & Stock Brokers
Amongst the leading small finance banks (SFB) in India, Ujjivan Small Finance Bank has maintained strong Asset quality with lowest GNPA (Gross Non- performing Assets) levels at 0.85 percent and higher provisioning at 72 perce
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