Sunday, 1 December 2019

UJJIVAN SMALL FINANCE BANK IPO.

As you all know ujjivan small finance bank (USFB) IPO is opening from 2nd December apply it or not ?

Ans - My view is to definately apply it for listing gains blockbuster opening can be expected.

Disclaimer - make your own research before taking any action on buy or sell of stock or ask to your financial advisor i am just sharing my personal view.

The initial public offering (IPO) of Ujjivan Small Finance Bank (USFB) is all set to hit the Dalal Street on December 2, Monday. The IPO will be open for three days. The issue will close for subscription on December 4 (Wednesday).
The USFB has finalised the allocation of 8,20,94,594 shares at Rs 37 per share, which is the upper limit of the price band for the IPO.

Kotak Mahindra Capital Company, IIFL Securities and JM Financial are IPO issue's book running lead managers.

The Ujjivan Small Finance Bank is the subsidiary of Ujjivan Financial Services Ltd (UFSL). It is the 12th company launching an IPO in FY20.

IPO detail

Ujjivan Small Finance Bank has launched the IPO with a price band of Rs 36-37 per equity share. Each share will have a face value of Rs 10.

There will be a reservation price of Rs 75 crore worth of shares for subscription by eligible shareholders of Ujjivan Financial Services. They will get shares at a discount of Rs 2 per share.

Minimum bid lot is 400 equity shares, and in multiples of 400 equity shares thereafter.



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52 comments:

  1. Joogle2 December 2019 at 00:52

    Subscription call only for listing gains or long term gains?

    ReplyDelete
    Replies
    1. Raj Dattani2 December 2019 at 10:48

      Yes long term also good

      But mostly people apply in ipo for listing gains

      Delete
    2. Sumit3 December 2019 at 19:00

      Sir,
      As Ur saying it's good for long term
      Also , so what will bet target as per you

      Delete
  2. Anshit2 December 2019 at 10:51

    View on arvind pls.. stuck from 49 levels.. what should be the sl.. can i get my orice back in 6 months

    ReplyDelete
    Replies
    1. Raj Dattani2 December 2019 at 11:08

      Hold till February you may get your price back

      Delete
  3. Devesh Dutt Gaur2 December 2019 at 11:49

    How about trident ind. Sir, what price you expect after year, as i have bought the same at the rate 90 and holding from more than two years and have invested long term will it be 150 in near future, plz suggest

    ReplyDelete
  4. Anonymous2 December 2019 at 16:01

    What is your view on PVR. Entry and SL Value.
    Is there any up side expected due to upcoming movies (Dabangg 3)?

    ReplyDelete
    Replies
    1. Raj Dattani2 December 2019 at 18:39

      PVR major support at 1770 may touch 1900+ soon

      Delete
  5. Sahil2 December 2019 at 16:30

    Sir I purchased 5shares of ujjivan finance on 29/11. Can I apply as shareholders

    ReplyDelete
    Replies
    1. Raj Dattani2 December 2019 at 18:39

      If it is in your demat account than you can apply as shareholders

      Delete
  6. Renjith2 December 2019 at 17:21

    Sir,
    Your views on listening gains for UJJIVAN SMALL FINANCE BANK.

    ReplyDelete
  7. vikkas.rami2 December 2019 at 18:42

    Sir
    I am holding yes bank as 190 should I get the good price in near term , coz after a good news of fund raising stock is not go up , plz suggest .

    ReplyDelete
  8. SOUTH TAMIL STILLS2 December 2019 at 23:09

    What is the target for YESBANK before Dec expiry

    ReplyDelete
    Replies
    1. Raj Dattani3 December 2019 at 01:15

      If cross 72 and sustainable above u
      70 than 90 is possible

      Delete
  9. Unknown3 December 2019 at 09:57

    Sir pls tell me about Apex. How much time should i hold to get 350+ price

    ReplyDelete
    Replies
    1. Raj Dattani3 December 2019 at 19:38

      It is very much high risk high reward type of stock

      When smallcap will move up it may also move up

      Delete
  10. Unknown3 December 2019 at 16:50

    Sir today bought yes bank @64/-.Plz suggest stop loss limit.

    ReplyDelete
  11. Sudhakar3 December 2019 at 17:23

    Thanks for your Grasim future sell call. I got 6k from grasim alone.
    Thank you sir.

    ReplyDelete
  12. kb3 December 2019 at 17:24

    Hello sir,
    According to hdfcamc news tomorrow open in negative or what!!
    I'm holding @3600 rs. Per share

    ReplyDelete
  13. Anonymous3 December 2019 at 17:27

    Sir I am holding HDFC AMC for long term my buying price is 3700 holding 50 shares as per your update in telegram 8% will fall means should i hold it will it recover in coming days and reach 4000+

    ReplyDelete
    Replies
    1. Raj Dattani3 December 2019 at 19:37

      If your view is long term than no need to worry at all just keep adding on dips

      Delete
  14. Deepak D3 December 2019 at 19:09

    Ur view on bank of baroda for Dec series?

    ReplyDelete
    Replies
    1. Raj Dattani3 December 2019 at 19:36

      BOB if sustian above 100 than 110 is possible

      Delete
  15. Ajitpheonix103 December 2019 at 19:10

    Hi,
    I am holding Ceatltd@₹1045 for more than a year.

    Can we expect gain in coming time or ways to minimize losses.

    ReplyDelete
    Replies
    1. Raj Dattani3 December 2019 at 19:35

      Yes hold for 1-2 years when auto sector will revive it will give you blockbuster rewards

      Delete
  16. HP3 December 2019 at 19:23

    Dear Sir

    Is major support of nifty is considered as broken? Your view please

    ReplyDelete
    Replies
    1. Raj Dattani3 December 2019 at 19:35

      11950 is major support

      View is positive

      Delete
    2. Gopi4 December 2019 at 10:08

      Dear Raj sir

      Thanks for Nifty view earned some money

      Delete
    3. HP4 December 2019 at 18:15

      Dear sir

      Thanks for view

      I am also benefitted with nifty view

      Delete
    4. Raj Dattani4 December 2019 at 18:57

      You are welcome

      Delete
  17. Anze3 December 2019 at 21:05

    Sir hdfcamc at what price can I consider buying for one year or so. Already made 100% profit from ur call..

    ReplyDelete
  18. Anze3 December 2019 at 21:06

    Please comment on canara bank
    Regarding support and resistance

    ReplyDelete
  19. harshh.915@gmail.com3 December 2019 at 23:06

    View on prestige estates for short term.

    ReplyDelete
    Replies
    1. Raj Dattani4 December 2019 at 00:08

      Above 330 it is good

      Buy near 340 if get with sl of 329

      Delete
  20. harshh.915@gmail.com4 December 2019 at 06:51

    Thanks brother😊 Appreciate the good work you do.

    ReplyDelete
  21. Ajitpheonix104 December 2019 at 08:51

    Thanks Raj for helping rest of the folks

    ReplyDelete
  22. Ravi mandloi10 December 2019 at 14:19

    Sir I am holding hdfc AMC from average around 3500 and quantity is 300 stock should I add more??????

    ReplyDelete
    Replies
    1. Raj Dattani10 December 2019 at 16:53

      Yes you can add more 2700 is major support for it.

      Keep adding on dips

      Delete
  23. Sandip Patil10 December 2019 at 14:51

    Dear sir i am stil holdings yesbank i have 750 qty at 63 rps .....but day by day it's going down wat can I do sir ?

    ReplyDelete

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