Ujjivan Small Finance Bank Performance
Fundamentals of Ujjivan Small Finance Bank
|P/E Ratio (TTM)||NA|
|Debt to Equity||NA|
Financials of Ujjivan Small Finance Bank
Financials data is not available for Ujjivan Small Finance Bank. Please visit after some time.
About Ujjivan Small Finance Bank
Ujjivan Small Finance Bank Limited is a mass market focused small finance bank in India, catering to financially unserved and underserved segments and committed to building financial inclusion in the ... country.The companies Promoter, Ujjivan Financial Services Limited (UFSL) commenced operations as an NBFC in 2005 with the mission to provide a full range of financial services to the economically active poor' who were not adequately served by financial institutions. On October 7, 2015, UFSL received RBI In-Principle Approval to set up a Small Finance Bank(SFB), following which it incorporated Ujjivan Small Finance Bank Limited as a wholly-owned subsidiary. UFSL, subsequent to obtaining RBI Final Approval on November 11, 2016 to establish and carry on business as an SFB, transferred its business undertaking comprising of its lending and financing business to our Bank, which commenced its operations from February 1, 2017. Ujjivan Small Finance Bank has a diversified portfolio with branches spread across 24 states and union territories and a customer base of 4.72 million as of June 30, 2019. Apart from the network of branches, ATMs and Automated Cash Recyclers, the bank has a phone banking unit that services customers in eleven languages, a mobile banking application that is accessible in five languages as well as internet banking facility for individual and corporate customers. The Bank operationalised 101 Banking Outlets (BO) including 24 in Unbanked Rural Centres (URCs) during FY 2019-20. As of March 31, 2020, the Bank operated a strong network of 575 Banking Outlets (BOs) and 475 ATMs. The Bank came up with an IPO of 202,702,702 Equity Shares of Face Value of Rs 10 each for cash at a price of Rs 37 per equity share (including a share premium of Rs 27 per equity share) aggregating to Rs 7,459.46 Million. Pursuant to the IPO, the Equity Shares of the Bank got listed on BSE and NSE on December 12, 2019. The Bank, as part of its IPO, had undertaken PreIPO Placement of 71,428,570 Equity Shares by way of preferential issue on private placement basis at a price of Rs 35 per equity shares for cash consideration. As of March 31, 2021, the Bank operated a strong network of 575 Banking Outlets (BOs) and 491 ATMs. During FY 2020-21, new products launched included Differential saving account rates; Point of Sale (PoS) machine; Cash Management Services (CMS) solutions; Online fee collection solutions and QR code solution for merchants. The Bank introduced new health insurance offerings, scaled up employee IRDA certification efforts, improved internal processes to remove operational bottlenecks, adopted digital initiatives for customer on-boarding and servicing, and focused on quality customer acquisition across business verticals. The Bank operated a network of 492 Automated Teller Machines (ATMs) as at March 31, 2022. New products like term loan, overdraft and cash credit facility, were launched under the Credit Guarantee Trust for MSE scheme (CGTMSE); and cash credit/OD facilities were introduced for FIG customers. During 2023, the Bank expanded its branch network by introducing 54 new branches, bringing the total to 629 branches. The Bank operated a network of 517 Automated Teller Machines (ATMs) as at March 31, 2023. It commenced operations in Telangana. It opened 9 new branches in Uttar Pradesh and Gujarat; it added regional processing hubs across the country to enhance the regional presence and cater to major markets such as Ahmedabad, Coimbatore, Patna, and Jaipur. Additionally, it launched Asset Centres dedicated to serving MSME customers, with the first centre opening in Mysuru. Read More
|Stocks||Market Cap (cr)||Market Price (₹)||52 Week Low-High (₹)|
|Karur Vysya Bank Ltd||₹12,473.57||
|154 - 156.9|
|ESAF Small Finance Bank Ltd||₹3,512.86||
|67.65 - 68.8|
|CSB Bank Ltd||₹7,010.56||
|397.7 - 407.65|
|Tamilnad Mercantile Bank Ltd||₹8,158.27||
|510 - 519.9|
|Karnataka Bank Ltd||₹7,592.05||
|219.25 - 222.35|
What is the Share price of Ujjivan Small Finance Bank (UJJIVANSFB)?
Can I buy Ujjivan Small Finance Bank (UJJIVANSFB) shares?
How do I buy Ujjivan Small Finance Bank (UJJIVANSFB) from Angel One?
- Direct investment: You can buy Ujjivan Small Finance Bank (UJJIVANSFB) shares by opening a Demat account with Angel One.
- Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Ujjivan Small Finance Bank (UJJIVANSFB) shares.
Is Ujjivan Small Finance Bank a Debt free Company?
No, Ujjivan Small Finance Bank is not a debt free company.
What is the main business of Ujjivan Small Finance Bank?
The main business of Ujjivan Small Finance Bank is to offer personal banking, business banking, corporate banking, NRI services, rural banking, and government & institutional banking.
Who are the promoters of Ujjivan Small Finance Bank?
The main promoter of Ujjivan Small Finance Bank is Ujjivan Financial Services Limited with 73.68% shareholding as on 31st December 2022.
How many branches does Ujjivan Small Finance Bank have?
Ujjivan Small Finance Bank has 598 branches, with 32% in metro cities, 35% in urban areas, 27% in semi-urban areas, and 7% in rural locations, as on 31st December 2022.