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Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
10 May, 2025 09:05 IST
Ujjivan Financial Services IPO settles 10% higher on listing day
Source: IRIS | 10 May, 2016, 04.02PM
Rating: NAN / 5 stars.
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Ujjivan Financial Services, which got listed on the bourses today, settled at a premium of 10.26% over its issue price.  At the NSE, stock closed at Rs 231.55 a share as against issue price of Rs 210 a share.

Shares recorded a high of Rs 244.65 and a low of Rs 216.65 after opening at Rs 231.90 that is 10.43% premium its issue price.

Ujjivan Financial Services (Ujjivan) is the third largest micro finance company on AUM basis and one of the largest in terms of geographical reach with 470 branches across 24 states in India. It is one of the 10 NBFCs which were granted an in-principle approval for setting up a small finance bank.

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