Ujjivan Small Finance Bank jumps on getting nod to raise upto Rs 1,500 crore through NCDs
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Ujjivan Small Finance Bank is currently trading at Rs. 16.50, up by 0.20 points or 1.23% from its previous closing of Rs. 16.30 on the BSE.
The scrip opened at Rs. 16.70 and has touched a high and low of Rs. 16.70 and Rs. 16.30 respectively. So far 20670 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 34.35 on 15-Jun-2021 and a 52 week low of Rs. 14.15 on 24-Feb-2022.
Last one week high and low of the scrip stood at Rs. 16.75 and Rs. 16.00 respectively. The current market cap of the company is Rs. 2843.08 crore.
The promoters holding in the company stood at 83.32%, while Institutions and Non-Institutions held 0.80% and 15.88% respectively.
Ujjivan Small Finance Bank has received approval from board of directors to raise upto Rs 1,500 crore by way of issuance of non-convertible debt (NCDs) securities on a private placement basis, in one or more tranches, within a period of 1 year. The Board of Directors of the Bank, in its meeting held on June 08, 2022 has considered and approved the same.
Ujjivan Small Finance Bank (USFB) offers small finance to underserved & unserved segments in India. The bank aims to work for the financial inclusion of the country.
