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Bumper Issue! Ujjivan SFB IPO overall subscribed 166 times, sees highest subscription in 2019

image NEW DELHI: The initial public offering by Ujjivan Small Finance Bank, which got fully subscribed on the first day itself, overall received 165.68 times subscription on the third and final day of the bidding process.

The Ujjivan Bank is now the best IPO of 2019, overtaking IRCTC issue, which saw subscription of 112 times in October 2019.

The issue received bids for 20,53,66,79,600 shares against the issue size of 12,39,58,333 shares, as per exchanges data.

The quota .......................ET