Utkarsh Small Finance Bank Limited IPO
Utkarsh Small Finance Bank Limited IPO is listed on BSE and NSE, priced at ₹23–₹25 per share. The stock debuted at ₹40, delivering a listing gain of 60.0%. The IPO had a lot size of ₹600 shares and a minimum investment of ₹15,000.
Utkarsh Small Finance Bank Limited IPO
- IPO Dates
- Jul 12, 2023 – Jul 14, 2023
- Price band
- ₹23-25 per equity share
- Minimum Investment
- ₹15,000
- Issue size
- 200,000,000 shares(aggregating up to ₹500.00 Cr)
- Lot size
- 600
- Allotment Date
- Jul 19, 2023
- Listing
- Jul 21, 2023
- Listing At
- BSE, NSE
IPO timeline
-
Jul 12, 2023
Open Date
Completed
-
Jul 14, 2023
Close Date
Completed
-
Jul 19, 2023
Allotment Date
Completed
-
Jul 21, 2023
Listing Date
Completed
Price Summary
- Last closing
- 13.88 (-44.48%)
- 52 week high
- 22.66
- 52 week low
- 10.12
- Last update
Utkarsh Small Finance Bank Limited IPO Essentials
Utkarsh Small Finance Bank Limited IPO Details
Utkarsh Small Finance Bank Limited IPO is priced at ₹23-25 per share with a total issue size of 200,000,000 shares(aggregating up to ₹500.00 Cr). The IPO has a lot size of 600 shares and is listed on BSE and NSE.
- Issue price
- ₹23-25 per equity share
- Lot size
- 600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 200,000,000 shares(aggregating up to ₹500.00 Cr)
- Listing at
- BSE, NSE
- List price
- 40.0(NSE)
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Icici Securities Limited, Kotak Mahindra Capital Company Limited
Utkarsh Small Finance Bank Limited IPO Analytics
Utkarsh Small Finance Bank Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Utkarsh Small Finance Bank Limited IPO Subscription Status
Utkarsh Small Finance Bank Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 59,400,000 |
29,700,000
19,800,000
9,900,000
|
19,800,000 | 2,000,000 | 110,900,000 |
|
Day 1
12-07-23 05:00 PM
|
0.04 x |
8.24x
7.49x
9.76x
|
13.73 x | 2.73 x | 4.73 x |
|
Day 2
13-07-23 05:00 PM
|
3.88 x |
27.70x
25.78x
31.54x
|
36.63 x | 8.48 x | 16.19 x |
|
Day 3
14-07-23 05:00 PM
|
124.85 x |
81.64x
84.48x
75.94x
|
72.03 x | 16.57 x | 101.90 x |
|
Total No. of Applications
|
category wise applications | ||
|---|---|---|---|
| 20,72,894 (Approx) | 62.81 | ||
Utkarsh Small Finance Bank Limited Valuations
Earnings
- EPS (Post IPO)
- ₹4.52/-
- P/E Ratio
- 6.77
Returns
- RoNW
- 20.22%
Utkarsh Small Finance Bank Limited Financials( In Crs.)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 19,117.54 | 15,063.77 | 12,137.91 | 9,404.32 |
| Revenue | 2,804.29 | 2,033.65 | 1,705.84 | 1,406.18 |
| Profit After Tax | 404.50 | 61.46 | 111.82 | 186.74 |
Utkarsh Small Finance Bank Limited Company & Offer Insights
About Utkarsh Small Finance Bank Limited
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 Promoter(s)
Utkarsh CoreInvest Limited. are the company's promoters of Utkarsh Small Finance Bank Limited.
Utkarsh Small Finance Bank Limited IPO Issue Objectives
- •
- The Utkarsh Small Finance Bank Limited proposes to utilize the Net Proceeds from the Issue towards augmenting its Tier - 1 capital base to meet its future capital requirements. Further, the proceeds from the Issue will also be used towards meeting the expenses in relation to the Issue.
Utkarsh Small Finance Bank Limited IPO - Anchor Investors
Utkarsh Small Finance Bank raises Rs 222.75 crore via anchor book ahead of IPO.
Twenty anchor investors participated in the anchor book including SBI Mutual Fund, ICICI Prudential, Kotak Mahindra Trustee, Aditya Birla Sun Life Trustee, Goldman Sachs Funds, SBI Life Insurance Company, Edelweiss Trusteeship, Founders Collective Fund and AG Dynamics Funds.
Utkarsh Small Finance Bank Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Utkarsh SFB | 1.12 | 6.77 | 20.22% | 2,804 |
| Equitas SFB | 2.79 | 18.2 | 13.5% | 4,162 |
| Ujjivan SFB | 2.08 | 7.56 | 31.0% | 4,165 |
| Bandhan bank Ltd | 2.04 | 16.4 | 12.6% | 15,905 |
| AU SFB | 6.35 | 35.5 | 19.0% | 8,205 |
| Suryoday SFB | 1.21 | 23.9 | 5.16% | 1,184 |
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Utkarsh Small Finance Bank Limited IPO is a book-built IPO worth ₹200,000,000 shares(aggregating up to ₹500.00 Cr). The price band is ₹23–₹25 per share. The IPO opens on Jul 12, 2023 and closes on Jul 14, 2023. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The price band of Utkarsh Small Finance Bank Limited IPO is ₹23 to ₹25 per share.
The lot size of Utkarsh Small Finance Bank Limited IPO is 600 shares.
The minimum investment for Utkarsh Small Finance Bank Limited IPO is approximately ₹15,000 based on the upper price band .
Utkarsh Small Finance Bank Limited IPO opens on Jul 12, 2023 and closes on Jul 14, 2023.
The allotment date of Utkarsh Small Finance Bank Limited IPO is Jul 19, 2023.
Utkarsh Small Finance Bank Limited IPO is expected to be listed on Jul 21, 2023, on BSE and NSE .
Utkarsh Small Finance Bank Limited IPO listed on Jul 21, 2023. It was issued at ₹40.0(NSE) and is currently around ₹13.88 as on 14-May-2026 3:30 PM, which is approximately -44.5% versus issue price. The 52-week high is ₹22.66.
Based on listing and post-listing performance, Utkarsh Small Finance Bank Limited IPO delivered around -44.5% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Utkarsh Small Finance Bank Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Utkarsh Small Finance Bank Limited IPO valuation snapshot: P/E 6.77, EPS ₹4.52/-, P/B N/A, RoNW 20.22%, and market cap N/A.
To apply for Utkarsh Small Finance Bank Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Utkarsh Small Finance Bank Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Utkarsh Small Finance Bank Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Utkarsh Small Finance Bank Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Utkarsh Small Finance Bank Limited IPO allotment status on IPO Ji for quick and easy access.