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Utkarsh Small Finance Bank Limited
Mainboard₹15,000 / 600 Shares
Utkarsh Small Finance Bank Limited IPO Details
The Utkarsh Small Finance Bank Limited IPO price band is set between ₹23-25 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 12 Jul, 2023 and closes on 14 Jul, 2023. Investors can check the allotment status on 19 Jul, 2023, while the listing date is tentatively scheduled for 21 Jul, 2023.
The total issue size is 200,000,000 shares, aggregating up to ₹500.00 Cr. Stay tuned for the latest Utkarsh Small Finance Bank Limited IPO review and GMP updates.
Utkarsh Small Finance Bank Limited IPO Review, Rating & Analysis
Utkarsh Small Finance Bank Limited IPO Review
NO REVIEWUtkarsh Small Finance Bank Limited IPO Rating
Utkarsh Small Finance Bank Limited IPO Highlights
IPO Date
Jul 12, 2023 - Jul 14, 2023
Listing Date
21 Jul, 2023
Face Value
₹10 Per Equity Share
Price Band
₹23-25 per equity share
Lot Size
600 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Utkarsh Small Finance Bank Limited IPO Lot Size
The minimum market lot for Utkarsh Small Finance Bank Limited IPO is 600 shares with an application amount of ₹15,000. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹15,000 |
| Retail (Max) | 13 | 7800 | ₹1,95,000 |
| S-HNI (Min) | 14 | 8400 | ₹2,10,000 |
| S-HNI (Max) | 66 | 39600 | ₹9,90,000 |
| B-HNI (Min) | 67 | 40200 | ₹10,05,000 |
Utkarsh Small Finance Bank Limited IPO Timeline
Issue Price
₹23-25 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
Icici Securities LimitedKotak Mahindra Capital Company LimitedIssue Size
200,000,000 shares(aggregating up to ₹500.00 Cr)Utkarsh Small Finance Bank Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 19117.54 | 2804.29 | 404.50 | - | - | - |
| 31 Mar 22 | 15063.77 | 2033.65 | 61.46 | - | - | - |
| 31 Mar 21 | 12137.91 | 1705.84 | 111.82 | - | - | - |
| 31 Mar 20 | 9404.32 | 1406.18 | 186.74 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Utkarsh CoreInvest Limited.
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 84.75% | 69.28% |
About Company
Utkarsh Small Finance Bank Limited is an SFB (Small Finance Bank) in India and recorded the second fastest AUM growth in the years Fiscal 2019 and Fiscal 2022 among SFBs with AUM of more than Rs. 50 billion.
Customers of Utkarsh Small Finance Bank Limited can avail of features like Top-up/Balance Transfer facility, Hassle-free processing
The services offered by Utkarsh SFB include:
Accounts and Deposits
Cards
Insurance and Investments
Loans
Ways to Bank
Utkarsh Small Finance Bank Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|
62.81 times
Frequently Asked Questions about Utkarsh Small Finance Bank Limited IPO
When will Utkarsh Small Finance Bank Limited IPO open for subscription?
The Utkarsh Small Finance Bank Limited IPO opens on 12 Jul, 2023 and closes on 14 Jul, 2023.
What is the investors portion for Utkarsh Small Finance Bank Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is .
How to apply for Utkarsh Small Finance Bank Limited IPO?
You can apply for Utkarsh Small Finance Bank Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Utkarsh Small Finance Bank Limited IPO?
The issue size of Utkarsh Small Finance Bank Limited IPO is approx ₹200,000,000 shares(aggregating up to ₹500.00 Cr) crores.
What is the price band of Utkarsh Small Finance Bank Limited IPO?
The price band for Utkarsh Small Finance Bank Limited IPO is ₹23 to ₹25 per equity share.
What is the lot size of Utkarsh Small Finance Bank Limited IPO?
The minimum bid (lot size) for Utkarsh Small Finance Bank Limited IPO is N/A shares with an investment of approx ₹15,000 .
What is the allotment date of Utkarsh Small Finance Bank Limited IPO?
The allotment date for Utkarsh Small Finance Bank Limited IPO is 19 Jul, 2023.
What is the listing date of Utkarsh Small Finance Bank Limited IPO?
The listing date for Utkarsh Small Finance Bank Limited IPO is expected to be 21 Jul, 2023.
What is the GMP of Utkarsh Small Finance Bank Limited IPO?
The latest Grey Market Premium (GMP) for Utkarsh Small Finance Bank Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.