DAM Capital Advisors Limited is delighted to announce the successful closure of the INR 475 Cr QIP of Ujjivan Small Finance Bank.

The issue received strong response from investors across geographies with subscription of over 3x.

Ujjivan Small Finance Bank – QIP of INR 475 Cr

Ujjivan Small Finance Bank (USFB) Limited is among the leading small finance banks in the country. As a mass market bank, it remains committed to serve the unserved and under-served segments through financial and digital inclusion. They are now a one-stop destination for financial services and offer personalised customer experience to our wide customer base. With technology as a key enabler, Ujjivan Small Finance Bank continues to expand its reach and enhance customer experience

Key Highlights & Achievements of DAM Capital

• DAM Capital successfully closed the QIP of Ujjivan Small Finance Bank despite global volatility
•  Led the marketing and launch strategy to ensure a seamless closure
• Converted key marquee long only investors

• Procured 2/3rd of the book in a two-banker deal and 4 of the top 5 investors which drove the deal momentum
• Ensured minimum pricing risk with an optimum launch timeline

•  QIP received blockbuster response from investors with an overall subscription of 3.35x and all bids at strike price:
•Healthy mix of Fll and domestic investors including leading Insurance companies, MFs and AIFS
•90% of the book was covered by long only investors

“DAM Capital has been instrumental in providing critical inputs and converting key cornerstone investors in the fund raise. We would like to thank them for their efforts and the hands-on approach of the senior management exhibited throughout the process ”
– Mr. Ittira Davis Managing Director and CEO

With DAM Capital, It’s possible!

DAM Capital is a dominant player in the Investment Banking landscape and has completed 50 ECM, M&A and Structured Finance transactions under the new leadership since November 2019

About DAM Capital Advisors Ltd.:

• Full-service Investment Bank across sectors and products (ECM, PE, M&A and Structured Finance)
• One of the top research houses with rich sectoral expertise across industries
•  Leading domestic institutional brokerage with access to marquee clients across India, Asia, US and Europe

Further details Contact:

Sunitha Nair: [email protected]
Neeta Khedekar: neeta@damcapitalin

DAM CAPITAL :-  DAM Capital Advisors Limited
• INVESTMENT BANKING
•CAPITAL MARKETS
• INSTITUTIONAL EQUITIES