Small Finance Bank share price at 52-week high

bank launches QIP Ujjivanit hit a 52-week high

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bank launched its Qualified Institutional Placement (QIP) on Monday, a day after

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Shares of Ujjivan Small Finance Bank jumped two per cent to 52-week high in BSE intraday trade on Tuesday,

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a day after the bank launched its Qualified Institutional Placement (QIP) on Monday

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Ujjivan SFP share price jumped 2.1% to Rs 25.85 per share in BSE intraday trade in early trade on Tuesday.

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Ujjivan SFP share price has increased significantly in the last three months as the stock has given a return of over 55% during this time period.

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Amid the QIP news, the stock jumped nearly 25% in the past one month till September 13.

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Ujjivan SFP has launched QIP with a minimum price of Rs 21.93 per share to meet the regulatory requirement before the merger with its parent company.

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In February this year, the lender had reported raising up to Rs 600 crore by issuing shares to eligible

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institutional buyers to meet regulatory requirements for amalgamation with its parent firm Ujjivan Financial Services.

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Ujjivan SFB said that the Board's Mergers and Placement Committee in its meeting held on September 12, 2022,

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on Monday passed a resolution authorizing the opening of the issue and

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approved a minimum price of Rs 21.93 per equity share.

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Floor price refers to the absolute minimum price in a share issuance schedule.

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Ujjivan SFB said that the merger and placement committee meeting of the board is scheduled to be held on September 15, 2022,

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to consider and approve the issue price including any discounts.

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Small Finance Bank share price at 52-week high

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bank launches QIP Ujjivanit hit a 52-week high

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Small Finance Bank share price at 52-week high

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Small Finance Bank share price at 52-week high

bank launches QIP Ujjivanit hit a 52-week high

bank launched its Qualified Institutional Placement (QIP) on Monday, a day after

Shares of Ujjivan Small Finance Bank jumped two per cent to 52-week high in BSE intraday trade on Tuesday,

a day after the bank launched its Qualified Institutional Placement (QIP) on Monday

Ujjivan SFP share price jumped 2.1% to Rs 25.85 per share in BSE intraday trade in early trade on Tuesday.

Ujjivan SFP share price has increased significantly in the last three months as the stock has given a return of over 55% during this time period.

Amid the QIP news, the stock jumped nearly 25% in the past one month till September 13.

Ujjivan SFP has launched QIP with a minimum price of Rs 21.93 per share to meet the regulatory requirement before the merger with its parent company.

In February this year, the lender had reported raising up to Rs 600 crore by issuing shares to eligible

institutional buyers to meet regulatory requirements for amalgamation with its parent firm Ujjivan Financial Services.

Ujjivan SFB said that the Board's Mergers and Placement Committee in its meeting held on September 12, 2022,

on Monday passed a resolution authorizing the opening of the issue and

approved a minimum price of Rs 21.93 per equity share.

Floor price refers to the absolute minimum price in a share issuance schedule.

Ujjivan SFB said that the merger and placement committee meeting of the board is scheduled to be held on September 15, 2022,

to consider and approve the issue price including any discounts.

Small Finance Bank share price at 52-week high

bank launches QIP Ujjivanit hit a 52-week high

Small Finance Bank share price at 52-week high

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