Ujjivan Small Finance Bank IPO subscribed 166 times on final day, receives Rs 76,000 cr worth of bids

Ujjivan Small Finance Bank IPO subscribed 166 times on final day, receives Rs 76,000 cr worth of bids Nirmal Bank said Ujjivan Small Finance Bank was being offered at trailing P/ABV of 2.1x on post diluted basis leaving good scope for appreciation and thus it recommended subscribing to the issue.

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