Ujjivan Small Finance Bank Ltd
Ujjivan Small Finance Bank Approves Rs. 409 Crore Preferential Issue
FUNDRAISE
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 16 Oct 2026, 12:37 PM IST · BSE ID: 92aed455-d5e8-4e6f-b8a1-ec3e073ef9dc
View Original BSE Filing (PDF)
💡
In Simple Terms
Ujjivan SFB will sell new shares to select institutions to raise over Rs. 409 Crore, subject to shareholder approval.
🤖 AI Summary
- Ujjivan SFB Board approved preferential issue of 6,31,91,619 equity shares.
- Fundraise aggregates up to Rs. 409.04 Crores at Rs. 64.73 per share.
- International Finance Corporation is the largest allottee with Rs. 249.04 Crores.
- Shareholder approval sought via EGM on November 13, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Aggregate amount of preferential issue
4,09,03,93,497.87
Total number of equity shares proposed to be issued
6,31,91,619
Issue price per equity share
64.73
Face value per equity share
10
Premium per equity share
54.73
Date of EGM for approval
November 13, 2026
International Finance Corporation subscription amount
2,49,03,93,603.53
Bajaj Life Insurance Limited subscription amount
59,99,99,976.56
Aditya Birla Sun Life Insurance Company Limited subscription amount
49,99,99,958.89
HDFC Life Insurance Company Limited subscription amount
49,99,99,958.89
🏢 How This Affects the Company
This fundraise enhances the bank's capital base, supporting future lending and growth initiatives. The involvement of IFC as a multilateral development finance institution can also signal confidence in the bank's operations.
The preferential issue will increase the bank's equity capital by Rs. 409.04 Crores. This strengthens the balance sheet and can improve capital adequacy ratios, impacting financial leverage.
The issuance of new shares will lead to dilution for existing shareholders. Compliance with IFC's customary provisions will require adherence to specific reporting and governance standards.
👥 What This Means For Shareholders
✅
Action Required
Shareholders will have the opportunity to vote on this preferential issue at the upcoming Extra Ordinary General Meeting (EGM).
👤
Who Is Affected
All existing shareholders will be affected by potential dilution of their percentage ownership in the bank. The exact dilution depends on the total number of shares outstanding post-issue.
🔍
Management Signal
This decision indicates management's proactive approach to strengthening the bank's capital structure and funding growth through strategic equity raising.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Shareholder voting outcome at EGM on November 13, 2026.
Completion of the preferential share allotment process.
Subsequent regulatory filings regarding the capital raise.
MEDIUM RISK
Shareholder approval required; potential dilution; IFC's specific compliance requirements.
💡 Investor Takeaway
Ujjivan SFB approved raising Rs. 409.04 Crores by issuing 6,31,91,619 equity shares at Rs. 64.73 each via preferential allotment to four QIPs, including IFC.
⚖️ Strengths & Concerns
✅ Positives
- Successful fundraising of Rs. 409.04 Crores from reputable institutional investors.
- Issue price of Rs. 64.73 per share, including a premium of Rs. 54.73, indicates investor confidence.
⚠️ Concerns
- Potential dilution of existing shareholders' stake due to the issuance of new equity shares.
- The bank must comply with specific customary provisions required by IFC.
❓ Frequently Asked Questions
What is Ujjivan Small Finance Bank's total fundraise from the preferential issue?
Ujjivan Small Finance Bank approved a preferential issue aggregating up to Rs. 409.04 Crores.
How many equity shares will Ujjivan SFB issue in this preferential allotment?
The bank proposes to issue 6,31,91,619 equity shares in this preferential allotment.
What is the issue price per equity share for Ujjivan SFB's preferential issue?
The issue price is Rs. 64.73 per equity share, including a premium of Rs. 54.73.
Who are the proposed allottees in Ujjivan SFB's preferential issue?
The proposed allottees include International Finance Corporation, Bajaj Life Insurance Limited, Aditya Birla Sun Life Insurance Company Limited, and HDFC Life Insurance Company Limited.
When is the EGM scheduled for Ujjivan SFB's shareholder approval?
The Extra Ordinary General Meeting (EGM) for shareholder approval is scheduled for November 13, 2026.
Questions based on this BSE filing only. For information purposes.