Indian IPO Blog: Ujjivan Small Bank IPO
Showing posts with label Ujjivan Small Bank IPO. Show all posts
Showing posts with label Ujjivan Small Bank IPO. Show all posts

Monday, December 9, 2019

Ujjivan Small Finance Bank IPO - Basis of Allotment explained

December 09, 2019 0
Ujjivan Small Finance Bank IPO - Basis of Allotment explained

Following is the basis of allotment for Ujjivan Small Finance Bank IPO:


Explanation of Ujjivan Small Finance Bank Allotment basis

Ujjivan Small Finance Bank IPO - Basis of Allotment essentially indicates that 400 shares will be allotted on a lottery basis as under :

  • For those who applied between 400 to 3200 or for 4000 or 5200 shares, allotment will be 400 shares in the ratio 35:1102 (Chances of Allotment: 3.17%)
  • For those who applied for 3600 shares, allotment will be 400 shares in the ratio 36:1135 (Chances of Allotment: 3.17%)
  • For those who applied for 4400 shares, allotment will be 400 shares in the ratio 27:844 (Chance sof Allotment: 3.19%)
  • For those who applied for 4800 shares, allotment will be 400 shares in the ratio 55:1727 (Chances of Allotment: 3.18%)

Ujjivan Small Finance Bank IPO Allotment status declared

December 09, 2019 0
Ujjivan Small Finance Bank IPO Allotment status declared
The allotment status for Ujjivan Small Finance Bank IPO is declared and can be checked from link given below:
https://corpreg.karvy.com/ipostatus/

IPO Allotment status can be checked either from the registered website of the registrar to the IPO or can be established by way of :

(a) Debit to the bank account (indicating a successful allotment) or
(b) Release of lien marking done at the time of application (indicating no allotment)


Click here to know about how shares will be allotted in Ujjivan Small Finance Bank IPO

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