IPO Trending
UTKARSHBNKEQ / NSE, BSEListed
Utkarsh Small Finance Bank

Incorporated in 2016, Utkarsh Small Finance Bank Limited is one of India’s Small Finance Banks and has been among the fastest-growing SFBs in terms of AUM in FY19 and FY22. The bank offers a wide range of financial products including accounts, deposits, cards, insurance, investments, and various loan products catering to individuals, small businesses, and self-employed customers. It provides benefits like easy documentation, top-up/balance transfer facilities, and loans up to ₹50 crores with tenure up to 30 years. The bank’s portfolio spans micro banking loans, retail loans (secured and unsecured), wholesale lending, affordable housing loans, gold loans, and vehicle/construction equipment loans.

₹23 - ₹25110.77x sub
Listed Price₹40.00
Listing Gain+60.00%

IPO Schedule & Timeline

Book Built Issue IPO
Open12 Jul 2023
Close14 Jul 2023
Allotment18 Jul 2023
Listing21 Jul 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB14,85,00,000 shares
74.25%
Nii (hni)2,97,00,000 shares
14.85%
Retail1,98,00,000 shares
9.9%
Employee20,00,000 shares
1%

Minimum Application Lots

Retail1 Lot (600 shares)
₹15,000
sHNI14 Lots (8,400 shares)
₹2,10,000
bHNI67 Lots (8,400 shares)
₹10,05,000

Company Promoters

Utkarsh CoreInvest Limited

Company Background

Incorporated in 2016, Utkarsh Small Finance Bank Limited is one of India’s Small Finance Banks and has been among the fastest-growing SFBs in terms of AUM in FY19 and FY22. The bank offers a wide range of financial products including accounts, deposits, cards, insurance, investments, and various loan products catering to individuals, small businesses, and se...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2020)₹1406.18 Cr
Growth-49.9%
Revenue Trend (₹ in Crores)
0.01.1k2.1k3.2kMar 2023Mar 2022Mar 2021Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 20201,406.18186.749,404.322,675.04
Mar 20211,705.84111.8212,137.912,607.83
Mar 20222,033.6561.4615,063.77 2,571.94
Mar 20232,804.29404.5019,117.542,349.48

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values4.5222.64%0%6.780

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
18 Jul 2023
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
21 Jul 2023

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Utkarsh Small Finance Bank. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization18 Jul 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date21 Jul 2023Trading commences on exchange

How to Check Utkarsh Small Finance Bank Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Utkarsh Small Finance Bank from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Utkarsh Small Finance Bank IPO

Complete issue overview for Utkarsh Small Finance Bank (UTKARSHBNK) IPO. The issue features an equity share price band of ₹23 – ₹25 per share with a minimum retail lot size of 600 Shares (minimum application amount of ₹15,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions