Listed Price₹40.00
Listing Gain+60.00%
Price Band₹23 - ₹25
Lot Size600 shares
Min Bid₹15,000
Subscription110.77x
Listed Market Snapshot
₹40.00Listed price from market data
+60.00%listing gain
Issue Amount
₹500 Cr
Listed Price
₹40.00
Current Price
₹14.79
Registrar
Kfin Technologies Limited
Timeline•Book Built Issue IPO
Open12 Jul 2023
Close14 Jul 2023
Allotment18 Jul 2023
Listing21 Jul 2023
Quota Reservation Portions
QIBPortion: 14,85,00,000 shares
74.25%Nii (hni)Portion: 2,97,00,000 shares
14.85%RetailPortion: 1,98,00,000 shares
9.9%EmployeePortion: 20,00,000 shares
1%Minimum Application Bracket Matrix
Retail1 lots / 600 shares
₹15,000sHNI14 lots / 8,400 shares
₹2,10,000bHNI67 lots / 8,400 shares
₹10,05,000About the Company
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.
Company Promoters
Utkarsh CoreInvest Limited
Registrar
Kfin Technologies Limited