28 April 2016

UJJIVAN FINANCIAL IPO: Grey market; subscription, listing price

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IPO range: Rs 207 - Rs 210
Close date: Monday, 2nd May

Grey market; subscription, listing price

IPO price: Rs 210

Final Subscription
HNI: around 540 x   (40x to 60x - India ER estimate)
Retail - 6x  ( 4x to 10 x -India ER estimate)

Grey market : Rs 40-50 -India ER estimate

Kostak: Rs 1000-1200 -India ER estimate

 India ER estimate  Listing price: Rs 250- 270

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