Ujjivan Small Finance Bank gets Sebi nod for Rs1,200 crore IPO
- Bank is proposing to undertake an IPO of equity shares of face value of Rs10 each, comprising a fresh issue of shares aggregating up to Rs12,000 crore
- Proceeds of the issue will be utilised towards augmenting the company's capital base to meet future requirements
NEW DELHI : Ujjivan Small Finance Bank has received markets regulator Sebi's go ahead to raise Rs1,200 crore through an initial public offer (IPO).
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