UTKARSH SMALL FINANCE BANK LTD. IPO was launched on 7-Dec-23. Here is all you need to know about this IPO.
UTKARSH SMALL FINANCE BANK LTD. IPO Details | |
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Issue Opening Date | 7-Dec-23 |
Issue Closing Date | 14-Jul-23 |
Issue Type | ONLY FRESH CAPITAL |
Issue Size (INR bn) | 5.0 |
Fresh Issue (No.of shares) | 200,000,000 |
Offer for Sale (No.of shares) | - |
Face Value (INR) | 10.00 |
IPO Price Band (INR) | 23 to 25 |
Market Lot (No.of shares) | 600 |
Min Order Quantity | 600 |
Listing At | NSE / BSE |
Pricing Method | BOOKBUILDING |
Year of Incorporation | 2016 |
Industry | FINANCIAL SERVICES/INVESTMENTS |
Total Issue Size (No.of shares) | 200,000,000 |
Objects Of Issue | AUGMENTATION OF ITS TIER-1 CAPITAL BASE TO MEET ITS FUTURE CAPITAL REQUIREMENTS |
Registrar Details | KFIN TECHNOLOGIES LTD. |
UTKARSH SMALL FINANCE BANK LTD. IPO Timetable | |
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Bid/Offer Launch Date | 7-Dec-23 |
Bid/Offer Close Date | 14-Jul-23 |
Basis of Allotment Finalization Date | - |
Initiation of Refunds | - |
Credit of Shares to Demat Account | - |
Listing Date | 21-Jul-23 |
UTKARSH SMALL FINANCE BANK LTD. IPO Shares Offered | |
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Category | Shares Offered |
QIB | 148,500,000 |
HNI | 29,700,000 |
Retail | 19,800,000 |
Employee | 2,000,000 |
Others | - |
Total | 200,000,000 |
UTKARSH SMALL FINANCE BANK LTD. IPO Promoter Holding | |
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Pre Issue Share Holding | 85% |
Post Issue Share Holding | 69% |
UTKARSH SMALL FINANCE BANK LTD. Overall Subscription details (Times subscribed) | |
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Category | Subscription Status |
QIB | 54.91 |
HNI | 88.11 |
Retail | 76.14 |
Employee | 1.45 |
Others | - |
Total | 61.41 |
UTKARSH SMALL FINANCE BANK LTD. Date wise Subscription | |||||||
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Date | QIB | HNI | Retail | Employee | Mutual Funds | Others | Total |
Day 1 (7-Dec-23) | 0.04 | 8.97 | 14.95 | 2.97 | - | - | 3.30 |
Day 2 (13-Jul-23) | 3.66 | 30.13 | 39.85 | 9.22 | 14.82 | - | 10.21 |
Day 3 (14-Jul-23) | 133.06 | 88.74 | 78.38 | 18.02 | 185.99 | - | 61.87 |
UTKARSH SMALL FINANCE BANK LTD. Financials | ||||
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Year Ending | 31-Mar-21 | 31-Mar-22 | 31-Mar-23 | |
Total Income | (Rs m) | 17,058.40 | 20,336.50 | 28,042.90 |
Total Expenditure | (Rs m) | 15,940.20 | 19,721.80 | 23,997.80 |
Net Profit After Tax | (Rs m) | 1,118.20 | 614.70 | 1,118.20 |
Company Address | UTKARSH TOWER,NH-31 (AIRPORT ROAD), SEHMALPUR, KAZI SARAI, HARHUA, VARANASI 221105, UTTAR PRADESH |
Data Sourced from:
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Below is the schedule for the same:
UTKARSH SMALL FINANCE BANK LTD. IPO
IPO opens on: 7-Dec-23
IPO closes on: 14-Jul-23
The lot size of UTKARSH SMALL FINANCE BANK LTD. IPO is 600 shares. Investors will need to apply for a minimum order of 600 shares and in multiples thereof.
An investor can apply in UTKARSH SMALL FINANCE BANK LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.
While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.
The tentative finalization of basis of allotment for UTKARSH SMALL FINANCE BANK LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.
The tentative listing date of UTKARSH SMALL FINANCE BANK LTD. IPO is scheduled for 21-Jul-23.
Shares of UTKARSH SMALL FINANCE BANK LTD. are expected to list on NSE / BSE.
At present, one share of UTKARSH SMALL FINANCE BANK LTD. has a face value of Rs 10.00.
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