Ujjivan is ready to open its IPO
Ujjivan is ready to open its IPO
Share:

After Equitas Holdings, another microfinance company with small finance bank license, Ujjivan Financial Services, is ready to hit the market with its initial public offering (IPO) tomorrow.

Up to 35 per cent of the Rs 880 crore issues (at upper end of the price band) are reserved for retail investors.

Many brokerages have recommended 'subscribe' rating to the issue, the IPO valuation looks reasonable and the company has the potential to deliver strong growth and return on assets even after its conversion into a small finance bank- saying the source

 

 

Disclaimer : The views, opinions, positions or strategies expressed by the authors and those providing comments are theirs alone, and do not necessarily reflect the views, opinions, positions or strategies of NTIPL, english.newstracklive.com or any employee thereof. NTIPL makes no representations as to accuracy, completeness, correctness, suitability, or validity of any information on this site and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use.
NTIPL reserves the right to delete, edit, or alter in any manner it sees fit comments that it, in its sole discretion, deems to be obscene, offensive, defamatory, threatening, in violation of trademark, copyright or other laws, or is otherwise unacceptable.
Join NewsTrack Whatsapp group
Related News