Ujjivan Small Finance Bank (Ujjivan SFB) IPO opens for subscription on 2 December 2019, following high subscription for CSB Bank IPO. As sentiments seem to have turned, investors are likely to bid aggressively in the much-awaited Ujjivan Bank IPO. The Ujjivan Bank IPO grey market premium (GMP) has started trading in green and is likely to maintain its positivity. Check out the latest Ujjivan SFB IPO GMP, Kostak rates and Subject to Sauda rates.
Ujjivan Bank IPO Grey Market Premium (IPO GMP) rates
| Date | Grey Market Premium (GMP in INR) | Kostak Rate (in INR) Â | Subject to Sauda Rate (in INR) Â |
| 11 December 2019 | 21 | 200 | – |
| 10 December 2019 | 23 | 200 | – |
| 9 December 2019 | 23 | 300 | 4,000 |
| 6 December 2019 | 28 – 29 | 400 | 7,000 |
| 5 December 2019 | 27 | 350 | 6,500 |
| 4 December 2019 | 22 | 350 | 6,000 |
| 3 December 2019 | 21 | 300 | 6,000 |
| 2 December 2019 | 20Â | 300 | 6,000 |
| 28 November 2019 | 18 Â | 300 Â | 5,500 Â |
| 27 November 2019 | 15 | 300 | 5,000 |
| 26 November 2019 | 13 | 300 | 5,000 |
| 25 November 2019 | 13 | 400 | 4,500 |
Ujjivan Small Finance Bank IPO details
| Subscription Dates | 2 – 4 December 2019 |
| Price Band | INR36 – 37 per share |
| Fresh issue | INR750 crore |
| Offer For Sale | Nil |
| Total IPO size | INR750 crore |
| Minimum bid (lot size) | 400 shares |
| Face Value | INR10 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Important points about IPO grey market and IPO GMP
IPO grey market movements may change very quickly and rates may be volatile. It is risky to base an investment decision on gray market IPO rates. Please refer to our research and analysis section.
Research has shown that retail investors are strongly influenced by market sentiment and as a result, are prone to overreaction, especially when it comes to IPO investing. Place your bets wisely!
IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.
We don’t trade into grey market nor do we facilitate buying or selling of IPO forms.Â
IPO GMP is the rate of premium an IPO commands per share in grey market.
Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.
