Jana Small Finance Bank IPO opens today, here's all you need to know
Business | February 07, 2024 12:03 ISTThe issue has a primary share sale of Rs 462 crore at the upper end of the price band, with the remaining Rs 108 crore as an offer for sale.
The issue has a primary share sale of Rs 462 crore at the upper end of the price band, with the remaining Rs 108 crore as an offer for sale.
Market experts maintain an optimistic outlook on the IPO market for 2024 on the back of strong domestic and foreign investments.
The offering is priced in the range of Rs 129-Rs 135 per share and is expected to be worth Rs 311 crore.
Ujjivan Small Finance Bank is all set to launch its initial public offer (IPO) today at a price band of Rs 36 to Rs 37 per share. The small finance bank has fixed the bid lot at 400 shares and equivalent multiples thereafter and aims to garner approximately Rs 750 crore via the three-day issue.
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