Ujjivan Small Finance Bank Limited (USFB) which is tapping the capital markets with its primary issue of Rs 750 crs completed allocation to anchor investors. The price band is Rs 35-37 and there is a reservation of Rs 75 crs for shareholders of the holding company, Ujjivan Financial Services Limited. Shareholders of the holding company applying in the shareholders reservation portion would get a discount of Rs 2 per share.
The company allotted 8,20,94,594 equity shares to 18 anchor investors comprising of 33 entities. The highest allocation was made to CX Partners Fund 2 Limited who was allotted 1,17,90,000 equity shares or 14.36% of the anchor allocation.
The issue opens on Monday the 2nd of December and closes on Wednesday the 4th of December 2019.
Full details of the anchor allocation is given below: –