Utkarsh Small Finance Bank Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹23 - ₹25
- Lot size
- 600 shares
- Issue amount
- ₹500 cr
- Total subscription
- 110.77×
- Opens
- 12 Jul 2023
- Closes
- 14 Jul 2023
- Allotment
- 18 Jul 2023
- Listing
- 21 Jul 2023
Offer at a glance
Issue overview
- Issue size
- 20,00,00,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹13,800
- Fresh issue
- ₹500 cr
- Offer for sale
- ₹0 cr
- Registrar
- Kfin Technologies Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹15,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 0
- Shares after issue
- 1,09,55,21,522
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 600 | ₹15,000 |
| sHNI | 14 | 8,400 | ₹2,10,000 |
| bHNI | 67 | 8,400 | ₹10,05,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 148.5 | 20,153.15 |
| RETAIL | 49.5 | 3,879.25 |
| NIB | 74.25 | 6,589.04 |
| HNIs 2+ | 24.75 | 2,043.48 |
| HNIs 10+ | 49.5 | 4,545.57 |
| EMPLOYEES | 5 | 90.11 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 4.52 |
| ROE | 22.64 |
| ROCE | 0 |
| RONW | 20.22 |
| PRE IPO(PE) | 6.78 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Promoters
Utkarsh CoreInvest Limited
Registrar & documents
Lead manager
ICICI Securities Limited, Kotak Mahindra Capital Company Limited
Registrar & contacts
Kfin Technologies Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Utkarsh Tower, NH – 31 (Airport Road), Sehmalpur, Kazi Sarai, Harhua, Varanasi - 221 105
+91 542 660 5555
[email protected]Company website ↗Understanding UTKARSHBNK IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.