Microfinance firm Ujjivan's Rs 885-crore IPO to open on Thursday
The public issue of Ujjivan, which is scheduled to close on May 2, comprises fresh issuance of shares worth Rs 358.16 crore and an offer for sale of up to 24,968,332 shares by the existing shareholders.
Ujjivan, which will become the second microlender to go public, has already received in-principle approval to set up a small finance bank (SFB). Image Source: Official Website