Newest Bank to List in India Surges as Much as 70% in IPO
(Bloomberg) — Ujjivan Small Finance Bank Ltd., backed by investors including Aberdeen Standard Investments and Monetary Authority of Singapore, rallied as much as 70% after the lender raised funds in the most-subscribed IPO of 2019. Investor demand exceeded shares on offer by 166 times as the lender got bids for 20.53 billion shares versus an …
News story posted on 2019-12-12T07:11:00.0000000Z
