Bansal, through his investment firm Navi Technologies, is focusing on the financial services sector.

Shadow banks, strung by a liquidity crisis, aren’t in a position to lend to small shopkeepers, clinics, local government and salaried workers.

Ujjivan Small’s stellar listing extends the streak of robust returns logged by new entrants this year.

SAMHI Hotels has received the capital market regulator’s nod to go ahead with its IPO plan to raise about $285.7 million