Notification

No new Notification messages

Pre-Apply for Manba Finance IPO
Don't miss out on the latest IPOs! Use Bajaj Broking's Pre-Apply feature.
Open a Free Demat Account
Pay ZERO maintenance charges for the first year, get free stock picks daily, and more.
Track Market Movers Instantly
Stay updated with real-time data. Get insights at your fingertips.
Trade Now, Pay Later with up to 4x Leverage
Never miss a good trading opportunity due to low funds with our MTF feature.

Utkarsh Small Finance Bank Ltd

Banks

Offer Period :

12th to 7th Jul 2023

Utkarsh Small Finance Bank, founded in 2016, is among India's fastest-growing SFBs. Offering diverse financial services like accounts, cards, loans, and insurance, Read more... it specializes in microfinance and extends loans up to Rs. 50 crores with flexible terms.Read less

Utkarsh Small Finance Bank Ltd IPO Details

IPO Date 12th to 7th Jul 2023 Minimum Investment ₹15000 / 1 Lots
Listing Date 2023-07-21 Maximum Investment ₹195000 / 13 Lots
Face Value ₹10 per share Total Issue Size ₹500 Crores
Price ₹25 to ₹25 per share Fresh Issue ₹500 Crores
Lot Size 1 Lots (600 Shares) Offer For Sale ₹ 0
Listing At BSE, NSE Retail Discount ₹ 0
Employee Discount ₹0 per share    
IPO Date 12th to 7th Jul 2023
Listing Date 2023-07-21
Face Value ₹10 per share
Price ₹25 to ₹25 per share
Lot Size 1 Lots (600 Shares)
Listing At BSE, NSE
Employee Discount ₹0 per share
Minimum Investment ₹15000 / 1 Lots
Maximum Investment ₹195000 / 13 Lots
Total Issue Size ₹500 Crores
Fresh Issue ₹500 Crores
Offer For Sale
Retail Discount ₹ 0

Timeline

Important dates for allocation and IPO listing.

12th Jul

IPO Starts

14th Jul

IPO Ends

19th Jul

Allotment Date

20th Jul

Initiation of Refund

21st Jul

Credit of Shares to Demat Account

24th Jul

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 84.75 0
Public Group 15.25 0

Utkarsh Small Finance Bank Ltd IPO Reservation

QIB Shares Offered 161543470(74.31%)
NII (HNI) Shares Offered 32308696(14.86%)
Retail Shares Offered 21539130(9.91%)
Anchor Investor Shares Offered 0(0%)
Total Shares Offered 217391296
Total Shares With Anchor Investor 217391296

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

Utkarsh Small Finance Bank Ltd IPO Registrar

KFin Techologies Ltd
Phone Number +91 40 6716 2222/1800 345 4001
Email Id utkarsh.ipo@kfintech.com
Our Website www.kfintech.com

Utkarsh Small Finance Bank Ltd IPO Lead Manager

1. ICICI Securities

2. Kotak Mahindra Capital Company Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

Utkarsh Small Finance Bank Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed

Strength of Utkarsh Small Finance Bank Ltd

1. Sound understanding of microfinance segment and presence in rural and semi-urban areas;

2. Growing deposits with focus on retail deposits;

3. Diversified distribution network with significant cross-selling opportunities;

4. Focus on risk management and effective operations;

5. Stable growth with cost efficient operational performance;

6. Leadership complementing its strengths.

Risks Involved

1. The Bank is subject to stringent regulatory requirements and prudential norms of RBI and its inability to comply with such laws, regulations and norms may have an adverse effect on its business, results of operations, financial condition and cash flows.

2. After the completion of the Issue, its Promoter will continue to hold substantial shareholding in the Bank.

3. The bank is currently significantly dependent on its microbanking segment, particularly joint liability group ("JLG") loans, and any adverse developments in this segment could adversely affect its business, results of operations, financial condition and cash flows.

4. The Bank business is vulnerable to interest rate risk, and any volatility in interest rates or inability to manage interest rate risk could adversely affect its Net Interest Margins, income from treasury operations, business, financial condition, results of operations and cash flows.

5. The Bank Statutory Auditors have been debarred by the Reserve Bank of India from undertaking audit assignments for entities regulated by RBI for a period of two years with effect from April 1, 2022.

6. A significant portion of its advances in the microbanking segment are towards customers located in the states of Bihar and Uttar Pradesh, and any adverse changes in the conditions affecting the region can adversely impact its business, financial condition, results of operations and cash flows.

7. The bank has filed compounding applications on account of alleged non-compliance of the provisions of the Companies Act, 2013 relating to a public offering of securities on account of down-selling of NCDs allotted to an investor by the Bank, which may subject the Bank to, among other things, further regulatory actions.

8. The extent to which the recent coronavirus (COVID-19) pandemic impacts the Bank's business, cash flows, results of the operations and financial condition will depend on future developments, which are highly uncertain and cannot be predicted.

9. The bank has a limited operating history as an SFB and its future financial and operational performance cannot be evaluated on account of its evolving and growing scale of operations. Accordingly, the company future results may not be reflective of its past performance.

10. The Bank operations involve handling significant amounts of cash, making it susceptible to operational risks, including fraud, petty theft and embezzlement, which could harm the bank results of operations and financial position.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

Utkarsh Small Finance Bank Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2023-07-21 543942 UTKARSHBNK
INE735W01017
₹25 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹25 ₹25
Open ₹39.95 ₹40
Low ₹37.25 ₹37.2
High ₹47.94 ₹48
Low ₹37.25 ₹37.2

Frequently Asked Questions

What is Utkarsh Small Finance Bank Ltd IPO?

Answer Field

Utkarsh Small Finance Bank Ltd IPO is a Mainboard IPO of 21,73,91,296 equity shares of a face value of ₹10 aggregating up to ₹500 Crores. The issue is priced at ₹25 to ₹25 per share. The minimum order quantity is 600 Shares. The IPO opens on July 12, 2023, and closes on July 14, 2023. KFin Techologies Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE,NSE.

When Utkarsh Small Finance Bank Ltd IPO will open?

Answer Field

The Utkarsh Small Finance Bank Ltd IPO opens on July 12, 2023 and closes on July 14, 2023.

What is the lot size of Utkarsh Small Finance Bank Ltd?

Answer Field

Utkarsh Small Finance Bank Ltd lot size is 600 shares, and the minimum amount required is ₹15,000.

How to apply for Utkarsh Small Finance Bank Ltd IPO?

Answer Field

You can apply in Utkarsh Small Finance Bank Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is Utkarsh Small Finance Bank Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for Utkarsh Small Finance Bank Ltd IPO will be done on July 19, 2023, and the allotted shares will be credited to your demat account by July 21, 2023.

When is Utkarsh Small Finance Bank Ltd IPO listing date?

Answer Field

The Utkarsh Small Finance Bank Ltd listing date is July 21, 2023.

Who is the registrar of Utkarsh Small Finance Bank Ltd IPO?

Answer Field

The registrar of Utkarsh Small Finance Bank Ltd IPO is KFin Techologies Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

ICICI Securities,Kotak Mahindra Capital Company Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of Utkarsh Small Finance Bank Ltd IPO?

Answer Field

The fresh issue size is ₹500 Crores equity shares.

What minimum lot size can retail subscribers subscribe to Utkarsh Small Finance Bank Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 600 shares and ₹15,000 amount.

How can I approve the UPI mandate request for Utkarsh Small Finance Bank Ltd IPO?

Answer Field

To apply for Utkarsh Small Finance Bank Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of Utkarsh Small Finance Bank Ltd?

Answer Field

The price of each Utkarsh Small Finance Bank Ltd share will be ranging in between ₹25 to ₹25 per share.

What is the cut-off time for the UPI mandate for Utkarsh Small Finance Bank Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, July 14, 2023.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • KALANA ISPAT LIMITEDSME IPO

  • Bidding Dates

    19th Sep 2024 - 9th Sep 2024

  • Price Range

    ₹66 - 66

  • IPO Size

    ₹32,59,00,000

  • Apply Now
  • PHOENIX OVERSEAS LIMITEDSME IPO

  • Bidding Dates

    20th Sep 2024 - 9th Sep 2024

  • Price Range

    ₹61 - 64

  • IPO Size

    ₹36,03,00,000

  • Apply Now
  • AVI ANSH TEXTILE LIMITEDSME IPO

  • Bidding Dates

    20th Sep 2024 - 9th Sep 2024

  • Price Range

    ₹62 - 62

  • IPO Size

    ₹26,00,00,000

  • Apply Now
  • BIKEWO GREEN TECH LIMITEDSME IPO

  • Bidding Dates

    20th Sep 2024 - 9th Sep 2024

  • Price Range

    ₹59 - 62

  • IPO Size

    ₹24,09,00,000

  • Apply Now
  • S D RETAIL LIMITEDSME IPO

  • Bidding Dates

    20th Sep 2024 - 9th Sep 2024

  • Price Range

    ₹124 - 131

  • IPO Size

    ₹64,98,00,000

  • Apply Now
  • WOL 3D INDIA LIMITEDSME IPO Early Access

  • Bidding Dates

    23rd Sep 2024 - 9th Sep 2024

  • Price Range

    ₹142 - 150

  • IPO Size

    ₹25,56,00,000

  • Apply Now
  • RAPPID VALVES INDIA LIMITEDSME IPO Early Access

  • Bidding Dates

    23rd Sep 2024 - 9th Sep 2024

  • Price Range

    ₹210 - 222

  • IPO Size

    ₹30,41,00,000

  • Apply Now
  • MANBA FINANCE LIMITEDMainboard IPO Early Access

  • Bidding Dates

    23rd Sep 2024 - 9th Sep 2024

  • Price Range

    ₹114 - 120

  • IPO Size

    ₹6,03,00,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • PELATRO LIMITEDSME IPO

  • Bidding Dates

    16th Sep 2024 - 9th Sep 2024

  • Price Range

    ₹190 - 200

  • IPO Size

    ₹55,98,00,000

  • Invest Now
  • KROSS LIMITEDMainboard IPO

  • Bidding Dates

    9th Sep 2024 - 9th Sep 2024

  • Price Range

    ₹228 - 240

  • IPO Size

    ₹5,00,00,00,000

  • Invest Now
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • EXCELLENT WIRES AND PACKAGING LIMITEDSME IPO

  • Issue Price

    90.00

  • Listing Day Close

    82.05

  • Listing Day (Gain/Loss)

    -8.89

  • INNOMET ADVANCED MATERIALS LIMITEDSME IPO

  • Issue Price

    100.00

  • Listing Day Close

    199.50

  • Listing Day (Gain/Loss)

    100.00

  • P N GADGIL JEWELLERS LIMITEDMainboard IPO

  • Issue Price

    480.00

  • Listing Day Close

    792.80

  • Listing Day (Gain/Loss)

    65.21

  • SPP POLYMER LIMITEDSME IPO

  • Issue Price

    59.00

  • Listing Day Close

    59.85

  • Listing Day (Gain/Loss)

    1.69

  • TOLINS TYRES LIMITEDMainboard IPO

  • Issue Price

    226.00

  • Listing Day Close

    238.30

  • Listing Day (Gain/Loss)

    5.31

  • GAJANAND INTERNATIONAL LIMITEDSME IPO

  • Issue Price

    36.00

  • Listing Day Close

    39.90

  • Listing Day (Gain/Loss)

    11.11

  • KROSS LIMITEDMainboard IPO

  • Issue Price

    240.00

  • Listing Day Close

    259.50

  • Listing Day (Gain/Loss)

    8.33

  • SHUBHSHREE BIOFUELS ENERGY LIMITEDSME IPO

  • Issue Price

    119.00

  • Listing Day Close

    198.45

  • Listing Day (Gain/Loss)

    66.39

  • BAJAJ HOUSING FINANCE LIMITEDMainboard IPO

  • Issue Price

    70.00

  • Listing Day Close

    164.99

  • Listing Day (Gain/Loss)

    135.71

  • ADITYA ULTRA STEEL LIMITEDSME IPO

  • Issue Price

    62.00

  • Listing Day Close

    66.40

  • Listing Day (Gain/Loss)

    6.45

  • SHARE SAMADHAN LIMITEDSME IPO

  • Issue Price

    74.00

  • Listing Day Close

    74.87

  • Listing Day (Gain/Loss)

    1.35

  • VISION INFRA EQUIPMENT SOLUTIONS LIMITEDSME IPO

  • Issue Price

    163.00

  • Listing Day Close

    215.25

  • Listing Day (Gain/Loss)

    31.90

  • MY MUDRA FINCORP LIMITEDSME IPO

  • Issue Price

    110.00

  • Listing Day Close

    123.50

  • Listing Day (Gain/Loss)

    12.73

  • MACH CONFERENCES AND EVENTS LIMITEDSME IPO

  • Issue Price

    225.00

  • Listing Day Close

    295.55

  • Listing Day (Gain/Loss)

    31.56

  • NAMO EWASTE MANAGEMENT LIMITEDSME IPO

  • Issue Price

    85.00

  • Listing Day Close

    169.55

  • Listing Day (Gain/Loss)

    100.00

  • NATUREWINGS HOLIDAYS LIMITEDSME IPO

  • Issue Price

    74.00

  • Listing Day Close

    90.25

  • Listing Day (Gain/Loss)

    21.62

  • JEYYAM GLOBAL FOODS LIMITEDSME IPO

  • Issue Price

    61.00

  • Listing Day Close

    64.05

  • Listing Day (Gain/Loss)

    4.92

  • GALA PRECISION ENGINEERING LIMITEDMainboard IPO

  • Issue Price

    529.00

  • Listing Day Close

    787.05

  • Listing Day (Gain/Loss)

    48.77

  • BAAZAR STYLE RETAIL LIMITEDMainboard IPO

  • Issue Price

    389.00

  • Listing Day Close

    399.65

  • Listing Day (Gain/Loss)

    2.83

  • BOSS PACKAGING SOLUTIONS LIMITEDSME IPO

  • Issue Price

    66.00

  • Listing Day Close

    86.60

  • Listing Day (Gain/Loss)

    31.82

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 4x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

7.5 Lacs + Users

icon-with-text

4.8+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4800 Cr MTF Book

icon-with-text