Utkarsh Small Finance Bank Limited IPO
MainboardOther Bank
Listed On: Jul 21, 2023 at ₹ 40.0(NSE)
₹ 15000 /600 Shares
Check Allotment12 Jul, 2023
Open Date14 Jul, 2023
Close Date19 Jul, 2023
Allotment Date21 Jul, 2023
Listing DatePrice Summary
Last Closing
15.07 (-39.72%)52 Week High
31.1552 Week Low
14.00Last Update
19-Dec-2025 3:30 PMUtkarsh Small Finance Bank Limited IPO Issue Details
- Issue Price ₹23-25 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 200,000,000 shares(aggregating up to ₹500.00 Cr)
- Listing at BSE, NSE
- List Price 40.0(NSE)
- Listing Date 2023-07-21
-
Lead Manager
Icici Securities Limited
Kotak Mahindra Capital Company Limited - Registrar Kfin Technologies Limited
Utkarsh Small Finance Bank Limited IPO Details
-
Retail Portion
10% (Number of Retail Applications : 33,000 Approx),
(Number of sHNI Applications : 1,179 Approx),
(Number of bHNI Applications : 2,357 Approx)
Utkarsh Small Finance Bank Limited IPO Details
The IPO of Utkarsh Small Finance Bank Limited is priced at ₹23-25 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Jul 12, 2023 and ends on Jul 14, 2023. The allotment for Utkarsh Small Finance Bank Limited IPO will be finalized on Jul 19, 2023. Utkarsh Small Finance Bank Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jul 21, 2023. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are Icici Securities Limited, Kotak Mahindra Capital Company Limited.
The Utkarsh Small Finance Bank Limited IPO sets its price band at 23-25 for each share. A single application for Utkarsh Small Finance Bank Limited IPO must contain at least 600 shares.
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Utkarsh Small Finance Bank Limited IPO Subscription Analysis And Details
| As on | QIB | NII
bNII sNII |
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 |
8.24
7.49 x 9.76 x |
13.73 x | 2.73 x | 4.73 x |
|
Day 2
13-07-23 05:00 PM
|
3.88 x |
27.70
25.78 x 31.54 x |
36.63 x | 8.48 x | 16.19 x |
|
Day 3
14-07-23 05:00 PM
|
124.85 x |
81.64
84.48 x 75.94 x |
72.03 x | 16.57 x | 101.90 x |
Utkarsh Small Finance Bank Limited Valuations
Utkarsh Small Finance Bank Limited Company Financials
| 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 |
About Utkarsh Small Finance Bank Limited 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 - Promoter(s)
Utkarsh CoreInvest Limited.
Pre Issue Share Holding : 84.75%
Post Issue Share Holding : 69.28%
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 |
Utkarsh Small Finance Bank Limited IPO - FAQs
Ans. Utkarsh Small Finance Bank Limited IPO is a Mainboard IPO. The issue is priced at ₹23-25 per equity share. The minimum order quantity is 600 Shares. The IPO opens on Jul 12, 2023, and closes on Jul 14, 2023. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Utkarsh Small Finance Bank Limited IPO opens on Jul 12, 2023 and closes on Jul 14, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Utkarsh Small Finance Bank Limited IPO is 200,000,000 shares(aggregating up to ₹500.00 Cr).
Ans. The Utkarsh Small Finance Bank Limited IPO price band is set between ₹23-25 per equity share.
Ans. To apply for Utkarsh Small Finance Bank Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Utkarsh Small Finance Bank Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Utkarsh Small Finance Bank Limited IPO is Jul 19, 2023.
Ans. The Utkarsh Small Finance Bank Limited IPO will be listed on Jul 21, 2023.
Ans. Follow the steps to check the Utkarsh Small Finance Bank Limited IPO allotment status online.
