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Ahead of IPO, Ujjivan Small Finance Bank garners Rs 304 crore from anchor book

Saturday, November 30, 2019, 8:33 PM

Ujjivan Small Finance Bank (USFB), on November 29, has garnered Rs 303.75 crore from anchor investors ahead of its initial public offering (IPO), which will be available for subscription on December-2. USFB has finalised the allocation of 8,20,94,594 shares at Rs 37 apiece to 18 anchor investors that including marquee names like the Government of Singapore, Goldman Sachs India, HDFC Life Insurance Company etc.

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