"While our MSME lending business grew by 96.45 percent at Rs 673 crore in the reporting year from Rs 342 crore in the year-ago period, housing finance business also grew to Rs 207 crore during the year from merely Rs 3 crore in the year-ago period," Ujjivan chief financial officer Sudha Suresh told PTI here.
The company, which has already received in-principle nod to set up a small finance bank, is the second microfinance firm to go public this fiscal. Another microfinance firm Equitas Holdings came out with its IPO last month.
Ujjivan Financial Services was listed at the exchanges at Rs 231.90 per share up, 10.4 percent over its issue price of Rs 210 per share. Price band for microfinance player's offer was fixed at Rs 207-210 and was open for subscription from April 28-May 2.