Ujjivan Small Finance Bank on November 27 has decided to launch its initial public offering on December 2, 2019. The bank after consultation with merchant bankers has fixed issue price band at Rs 36-37 per share. Microfinance lender Ujjivan Financial Services is the holding company of Ujjivan Small Finance Bank which plans to raise Rs 750 crore through the fresh… Read More »
RailTel Corporation of India Ltd. is a “Miniratna” (public sector) enterprise of Government of India focusing on providing broadband and VPN services. RailTel was formed in September 2000 with the objective of creating nationwide broadband, telecom and multimedia network, to modernise train control operation and safety system of Indian Railways. RailTel’s network passes through around 5,000 stations across the country, covering all major… Read More »
Ujjivan Small Finance Bank has received markets regulator Sebi’s go ahead to raise Rs 1,200 crore through an initial public offer (IPO). Microfinance lender Ujjivan Financial Services is the holding company of Ujjivan Small Finance Bank. As per the draft papers, the bank is proposing to undertake an initial public offering of equity shares of… Read More »