The Utkarsh Small Finance Bank IPO has begun on 12-Jul-2023. It will close on 14-Jul-2023. The Total IPO Size is 500 Crore. The company set its IPO price is 25 Rs Per Share. Basically, there are three basic categories in Utkarsh Small Finance Bank IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail.
Utkarsh Small Finance Bank is established in 2016.
Utkarsh Small Finance Bank is a Small Finance Bank in India..
Utkarsh Small Finance Bank is a second fastest AUM growth between Fiscal 2019 and Fiscal 2022 among SFBs with AUM of more than ₹ 50 billion.
The operations are spread across India and are present in 22 States and Union Territories with 686 Banking Outlets and 12,617 employees, as of March 31, 2022.
Utkarsh Small Finance Bank IPO Promotor Shareholding
| Name of the Promoter | No. of Shares held | Percentage of total Shareholding | Average cost of Acquisition |
| Utkarsh CoreInvest Limited | 759,272,222* | 84.79% | 27 |
| Total | 759,272,222* | 84.79% | – |
Utkarsh Small Finance Bank IPO Date, Details & Price Band
The Utkarsh Small Finance Bank IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 12-Jul-2023 |
| IPO Closing Dates | 14-Jul-2023 |
| Price Band | 23-25 Rs |
| Fresh issue | 500 Crore |
| Total IPO size | 500 Crore |
| Minimum bid (lot size) | 600 Shares |
| Face Value | 10 INR Per Share |
| Issue Type | Book Built Issue IPO |
| Listing On | NSE, BSE |
Utkarsh Small Finance Bank IPO Reservation
There are three basic category of Utkarsh Small Finance Bank IPO Reservation, other mention in be below table.
| QIB Allocation | 75% |
| HNI Allocation | 15% |
| Retail Allocation | 10% |
Utkarsh Small Finance Bank IPO Market Lot
The Utkarsh Small Finance Bank IPO minimum market lot is 600 shares With 15,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 600 | 15,000₹ |
| Retail Maximum | 13 | 7800 | 195,000 ₹ |
| S-HNI Minimum | 14 | 8,400 | 210,000 ₹ |
| S-HNI Maximum | 66 | 39,600 | 990,000 ₹ |
| B-HNI Maximum | 67 | 40,200 | 1,005,000 ₹ |
Restated Financial Record of the three year (Amt. in million)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-20 | 9,404.32 | 1,406.18 | 186.74 |
| 31-Mar-21 | 12,137.91 | 1,705.84 | 111.82 |
| 31-Mar-22 | 15,063.77 | 2,033.65 | 61.46 |
| EPS (₹) | NAV (₹) | RoNW(%) | Borrowings (Million) | |
| 31-Mar-20 | 2.49 | 13.43 | 18.32 | 26,750.37 |
| 31-Mar-21 | 1.46 | 16.13 | 8.17 | 26,078.25 |
| 31-Mar-22 | 0.70 | 17.56 | 3.91 | 25,719.35 |
Utkarsh Small Finance Bank IPO GMP & Grey Market Premium
Utkarsh Small Finance Bank IPO GMP Grey market premium has been started today. Check Latest Utkarsh Small Finance Bank IPO GMP, Kostak Rates and Subject to Sauda Price here.
Utkarsh Small Finance Bank IPO Prospectus
Utkarsh Small Finance Bank IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Utkarsh Small Finance Bank IPO Prospectus.
| DRHP | Download |
| RHP | Download |
Industry Peers
1) Bandhan Bank Limited
2) Equitas Small Finance Bank
3) Suryoday Small Finance Bank
4) Ujjivan Small Finance Bank Limited
5) Credit Access Grameen Limited
Utkarsh Small Finance Bank IPO Reviews
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Utkarsh Small Finance Bank IPO Form Download
Utkarsh Small Finance Bank IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Utkarsh Small Finance Bank IPO forms.
Utkarsh Small Finance Bank IPO Allotment Date & Details
| Allotment Date | 19-Jul-2023 |
| Initiation of refunds | 20-Jul-2023 |
| Transfer of shares to Demat accounts | 21-Jul-2023 |
| Listing Date | 21-Jul-2023 |
| Check Allotment Status | Click here |
Registrar of Utkarsh Small Finance Bank
KFin Technologies Limited
Selenium, Tower-B,
Plot 31 & 32, Financial District,
Nanakramguda, Serilingampally
Hyderabad, Rangareddi 500 032,
Telangana, India
Tel: +91 40 6716 2222 / 1800 345 4001
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.kfintech.com
Contact person: Mr. M. Murali Krishna
SEBI registration no.: INR000000221
Utkarsh Small Finance Bank Contact Details
Utkarsh Small Finance Bank Limited
Utkarsh Tower, NH – 31 (Airport Road),
Sehmalpur, Kazi Sarai, Harhua,
Varanasi – 221 105
Phone: +91 542 660 5555
Email: [email protected]
Website: https://www.utkarsh.bank/
Utkarsh Small Finance Bank IPO Lead Managers
ICICI Securities Limited
ICICI Venture House
Appasaheb Marathe Marg, Prabhadevi
Mumbai 400 025
Maharashtra, India
Tel: +91 22 6807 7100
E-mail: [email protected]
Website: www.icicisecurities.com
Investor grievance e-mail: [email protected]
Contact person: Mr. Shekher Asnani / Mr. Akhil Mohod
SEBI registration no.: INM000011179
Kotak Mahindra Capital Company Limited
1st Floor, 27 BKC, Plot No. 27, ‘G’ Block
Bandra Kurla Complex, Bandra (East)
Mumbai 400 051
Maharashtra, India
Tel: +91 22 4336 0000
E-mail: [email protected]
Website: www.investmentbank.kotak.com
Investor grievance e-mail: [email protected]
Contact person: Mr. Ganesh Rane
SEBI registration no.: INM000008704