Ujjivan Small Finance Bank IPO GMP History
Ujjivan Small Finance Bank IPO has been listed on December 12, 2019 at a listing price of ₹58.75, against the issue price of ₹37 — a gain of ₹21.75 (+58.78%). The GMP peaked at ₹28 on 8 December 2019 and reached a low of ₹11 on 25 November 2019. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Ujjivan Small Finance Bank IPO raised ₹745.95 Cr. through its IPO at a price band of ₹36 to ₹37 per share, with a lot size of 400 shares. The IPO was open for subscription from 02 Dec 2019 to 04 Dec 2019.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 12 Nov, 3:12 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 10 Dec 2019 | ₹ 23 | — | 62% | — | — |
| 09 Dec 2019 | ₹ 23 | ▼ | 62% | — | — |
| 08 Dec 2019 | ₹ 28 | — | 76% | — | — |
| 07 Dec 2019 | ₹ 28 | — | 76% | — | — |
| 06 Dec 2019 | ₹ 28 | — | 76% | — | — |
| 05 Dec 2019 | ₹ 28 | — | 76% | — | — |
| 04 Dec 2019 | ₹ 28 | ▲ | 76% | — | — |
| 03 Dec 2019 | ₹ 21.5 | ▲ | 58% | — | — |
| 02 Dec 2019 | ₹ 19.5 | — | 53% | — | — |
| 01 Dec 2019 | ₹ 19.5 | ▲ | 53% | — | — |
| 30 Nov 2019 | ₹ 16.5 | — | 45% | — | — |
| 29 Nov 2019 | ₹ 16.5 | — | 45% | — | — |
| 28 Nov 2019 | ₹ 16.5 | ▲ | 45% | — | — |
| 27 Nov 2019 | ₹ 14.5 | — | 39% | — | — |
| 26 Nov 2019 | ₹ 14.5 | ▲ | 39% | — | — |
| 25 Nov 2019 | ₹ 11 | — | 30% | — | — |
| 24 Nov 2019 | ₹ 11 | — | 30% | — | — |
| 23 Nov 2019 | ₹ 11 | — | 30% | — | — |
| 22 Nov 2019 | ₹ 11 | — | 30% | — | — |
| 21 Nov 2019 | ₹ 11 | — | 30% | — | — |
| 20 Nov 2019 | ₹ 11 | — | 30% | — | — |
| 19 Nov 2019 | ₹ 11 | — | 30% | — | — |
| 18 Nov 2019 | ₹ 11 | — | 30% | — | — |
| 17 Nov 2019 | ₹ 11 | — | 30% | — | — |
Ujjivan Small Finance Bank IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 02 Dec 2019
- Close 04 Dec 2019
- Allotment 09 Dec 2019
- Refund/credit 10 Dec 2019
- Listing 12 Dec 2019
Ujjivan Small Finance Bank IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹37 |
|---|---|
| GMP-based estimate (pre-listing) | ₹60 (+62.2%) |
| Listing gain / loss | +₹21.75 per share |
| Listing date | 12 Dec, 2019 |
| Actual listing price | ₹58.75 (+58.78%) |
Is Ujjivan Small Finance Bank IPO GMP reliable?
Grey market premium for Ujjivan Small Finance Bank IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Ujjivan Small Finance Bank IPO full review for a fundamentals-based assessment before making any grey market trades.
Ujjivan Small Finance Bank IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Ujjivan Small Finance Bank IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Ujjivan Small Finance Bank IPO
Ujjivan Small Finance Bank Limited was incorporated on 4 July 2016 at New Delhi and began operations on 1 February 2017. Its promoter is Ujjivan Financial Services Limited, a microfinance NBFC.
It offers small loans and banking services to underserved and unserved customers, as part of financial inclusion.
As of 30 September 2019 it served 4.94 million customers from 552 banking outlets, including 141 in unbanked rural centres, and had 441 ATMs and phone banking units in Bengaluru and Pune.
The IPO was Rs 745.95 crore and was entirely a fresh issue at Rs 37, the top of the Rs 36 to Rs 37 band. The money was to add to its Tier-1 capital.
Frequently asked
What is the GMP of Ujjivan Small Finance Bank IPO?
The current Grey Market Premium (GMP) of Ujjivan Small Finance Bank IPO is ₹ 23.
What is the Kostak Price of Ujjivan Small Finance Bank IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Ujjivan Small Finance Bank IPO is not available.
What is the Subject to Sauda Price of Ujjivan Small Finance Bank IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Ujjivan Small Finance Bank IPO?
Ujjivan Small Finance Bank IPO listed on December 12, 2019 at ₹58.75, against the issue price of ₹37 — a gain of +58.78%.
How did the GMP of Ujjivan Small Finance Bank IPO trend before listing?
The GMP of Ujjivan Small Finance Bank IPO was stable in its final days before listing. The GMP peaked at ₹28 on 8 December 2019. View the day-wise table above for the complete GMP history.
Explore Ujjivan Small Finance Bank IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
