Utkarsh Small Finance Bank IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 500.00 Cr. The company is based in Varanasi and caters to Banking And Finance sector. ICICI Securities , Kotak Mahindra Capital Company are the merchant bankers of Utkarsh Small Finance Bank IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 4th March 2021.
Utkarsh Small Finance Bank IPO open date is 12th July 2023 and close date is 14th July 2023. IPO Allotment Date is 19th July 2023 and Listing date is 21st July 2023.Utkarsh Small Finance Bank IPO size is ₹ 500.00 Cr. with IPO price of ₹ 25.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
ICICI Securities Limited is the book-running lead manager of the Utkarsh Small Finance Bank IPO. Kfin Technologies Limited is the Registrar for Utkarsh Small Finance Bank IPO.
Utkarsh Small Finance Bank IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Utkarsh Small Finance Bank IPO, based in Varanasi, operates in the Banking And Finance sector with a focus on Small Finance banks having a Pan-India presence. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Utkarsh Small Finance Bank IPO size is ₹ 500.00 Cr. with fresh issue size of ₹ 500.00 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Utkarsh Small Finance Bank IPO is expected to be 19th July 2023, after the finalization of basis of allotment. Investors can check Utkarsh Small Finance Bank IPO allotment status on the registrars website, Kfin Technologies Limited . Utkarsh Small Finance Bank IPO refund dates are 20th July 2023.
Utkarsh Small Finance Bank IPO is expected to be listed on 21st July 2023.
The upper price band for the Utkarsh Small Finance Bank IPO is set at ₹ 25.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Utkarsh Small Finance Bank IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Utkarsh Small Finance Bank IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 14th July 2023. After submission, funds are blocked until the basis of allotment of Utkarsh Small Finance Bank IPO is finalised.
The merchant banker for Utkarsh Small Finance Bank IPO is ICICI Securities Limited , Kotak Mahindra Capital Company Limited . ICICI Securities Limited , Kotak Mahindra Capital Company Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Utkarsh Small Finance Bank IPO RHP for further details.
The registrar for Utkarsh Small Finance Bank IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Utkarsh Small Finance Bank IPO through their official website or helpline.
Utkarsh Small Finance Bank IPO was subscribed 110.77 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Utkarsh Small Finance Bank IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Utkarsh Small Finance Bank Financial Review Page
Merchant Banker(s) of Utkarsh Small Finance Bank IPO: ICICI Securities Limited , Kotak Mahindra Capital Company Limited
Utkarsh Small Finance Bank IPO subscription was 110.77 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Utkarsh Small Finance Bank IPO listed at a listing price of 59.85 against the offer price of 25.00.
The current market price of Utkarsh Small Finance Bank is 24.43.
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