Utkarsh Small Finance Bank Limited

Offer PeriodJul 12, 2023 – Jul 14, 2023

Jul 12, 2023 – Jul 14, 2023

MainBoardListed

Listed Price:

₹40.00

(+60.00%)

Price Band₹23 - ₹25

Lot Size600 Shares

Allotment DateJul 18, 2023

Listing DateJul 21, 2023

Subscription110.77 Times

Issue Size₹500.00 Cr

Check Allotment

Share IPO Trend

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹17
(68.00%)

Premium (ELP)

Utkarsh Small Finance Bank Limited's achieved publicly listed status following its IPO debut on Jul 21, 2023 at the NSE, BSE platform. The offering successfully mobilized 20,00,00,000 Shares, with 20,00,00,000 Shares allocated to corporate growth initiatives.

Investment participation occurred within the established price band of ₹23 to ₹25, starting from minimum lots of 600 shares. The subscription window from Jul 12, 2023 through Jul 14, 2023 enabled investor participation across market segments.

Share allocation was completed on Jul 18, 2023, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

Utkarsh Small IPO Details

IPO Date

Jul 12, 2023 to Jul 14, 2023

Allotment Date

Jul 18, 2023

List Date

Jul 21, 2023

Lot Size

600 share

Issue Price

₹23 - ₹25

Issue Size

20,00,00,000 (aggregating up to 500.00 Cr)

Fresh Issue

20,00,00,000 (aggregating up to 500.00 Cr)

Offer For Sale

Listing At

NSE, BSE

Share Holding Pre-Issue

Share Holding Post-Issue

1,09,55,21,522

Market Marker Portion

First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.

Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

Category	Lot(s)	Qty	Amount

Category	Lot(s)	Qty	Amount
Retail (Min)	1	600	15,000
sHNI	14	8400	2,10,000
bHNI	67	8400	10,05,000

IPO Reservation

Shares20,00,00,000

QIB

74.25%(14,85,00,000)

NII (HNI)

14.85%(2,97,00,000)

RETAIL

9.90%(1,98,00,000)

Employee

1.00%(20,00,000)

Total

100.00%(20,00,00,000)

Utkarsh Small IPO Key Performance Indicators

Learn About IPO KPIs →

KPI	Values

KPI	Values
EPS	4.52
ROE	22.64
ROCE	0
RONW	20.22
PRE IPO(PE)	6.78
POST IPO(PE)	0

Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).

Company Financials ( In Crores)

Period Ended	Mar 2020	Mar 2021	Mar 2022	Mar 2023

Period Ended	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Assets	9,404.32	12,137.91	15,063.77	19,117.54
Revenue	1,406.18	1,705.84	2,033.65	2,804.29
Net Worth	1,019.50	1,368.35	1,572.30	2,000.32
Total borrowing	2,675.04	2,607.83	2,571.94	2,349.48
Profit after tax	186.74	111.82	61.46	404.50
Reserves and Surpluses	260.23	520.02	676.78	1,104.42

Utkarsh Small IPO About 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.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅Utkarsh Small IPO Strength Factors

⚠️Utkarsh Small IPO Risk Factors

🏦Utkarsh Small IPO Lead Manager(s)

ICICI Securities LimitedKotak Mahindra Capital Company Limited

👤Utkarsh Small IPO Promoter(s)

Utkarsh CoreInvest Limited

🏢Utkarsh Small IPO Company Details

Utkarsh Small Finance Bank Limited

Email:shareholders@utkarsh.bank

Phone:+91 542 660 5555

Website:https://www.utkarsh.bank/

address:Utkarsh Tower, NH – 31 (Airport Road), Sehmalpur, Kazi Sarai, Harhua, Varanasi - 221 105

📋Utkarsh Small IPO Registrar

Kfin Technologies Limited

Name:Kfin Technologies Limited

Phone:04067162222

Email:utkarsh.ipo@kfintech.com

Website:https://kosmic.kfintech.com/ipostatus/

❓Utkarsh Small IPO FAQs

Utkarsh Small IPO is a main-board IPO of 20,00,00,000 equity shares of the face value of ₹10 per share aggregating up to ₹0.00 crore shares. The issue is priced at ₹23 - ₹25 per share. The minimum order quantity is .The IPO opens on Jul 12, 2023, and closes on Jul 14, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.

Zerodha customers can apply online in Utkarsh Small IPO using UPI as a payment gateway. Zerodha customers can apply in Utkarsh Small IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Utkarsh Small IPO through Zerodha (1) Visit the Zerodha website and login to Console. (2) Go to Portfolio and click the IPOs link. (3) Go to the 'Utkarsh Small IPO' row and click the 'Bid' button. (4) Enter your UPI ID, Quantity, and Price. (5) Submit IPO application form. (6) Visit the UPI App (net banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.

The Utkarsh Small IPO opens on Jul 12, 2023 and closes on Jul 14, 2023.

You can apply in Utkarsh Small IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Utkarsh Small IPO will be done on Jul 18, 2023, and the allotted shares will be credited to your demat account by Jul 18, 2023

Utkarsh Small IPO's listing date is Jul 21, 2023.

Utkarsh Small Finance Bank Limited

IPO Details

Subscription

Lot Distribution

Reservation

Company Fin.

₹17(68.00%)

Premium (ELP)

₹17
(68.00%)