India: Ujjivan IPO raises about $40m from anchor investors

India: Ujjivan IPO raises about $40m from anchor investors

Samit Ghosh, founder and managing director, Ujjivan Financial Services. Photo: Mint

Ujjivan Financial Services Ltd, the second of the 10 small finance bank (SFB) licensee looking to list on stock exchanges, on Wednesday raised Rs.264.74 crore from anchor investors, the company said in a stock exchange filing.

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