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Open
12 Jul 2023
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Close
14 Jul 2023
3
Allotment
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Listing
Fri, Jul 21, 2023
Price Band
₹23 to ₹25
Issue Size
20,00,00,000 shares (agg. up to ₹500 Cr)
Lot Size
600 Shares
Listing Date
Fri, Jul 21, 2023
Latest GMP
₹16
Est. Gain
64%
✦ AI Insight
GMP Trend
21-07-2023₹16Est. ₹41+64%
20-07-2023₹16Est. ₹41+64.4%
19-07-2023₹15Est. ₹40+60%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 61.41x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 19,117.54 | 15,063.77 | 12,137.91 | 9,404.32 |
| Total Income | 2,804.29 | 2,033.65 | 1,705.84 | 1,406.18 |
| Profit After Tax | 404.50 | 61.46 | 111.82 | 186.74 |
| NET Worth | 2,000.32 | 1,572.30 | 1,368.35 | 1,019.50 |
| Reserves and Surplus | 1,104.42 | 676.78 | 520.02 | 260.23 |
| Total Borrowing | 2,349.48 | 2,571.94 | 2,607.83 | 2,675.04 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To augment Tier–1 capital base to meet future capital requirements | 454.61 |
| 2 | Issue expenses | 45.39 |
| Total | 500.00 |
About Utkarsh Small Finance Bank IPO
Incorporated in 2016, Utkarsh Small Finance Bank Limited is an SFB (Small Finance Bank) in India and recorded the second fastest AUM growth in the years Fiscal 2019 and Fiscal 2022 among SFBs with AUM of more than Rs. 50 billion. The bank extends its facilities to individuals and businesses to assist them with their financial requirements. The services offered by Utkarsh SFB include: Accounts and Deposits Cards Insurance and Investments Loans Ways to Bank Customers of Utkarsh Small Finance Bank Limited can avail of features like Top-up/Balance Transfer facility, Hassle-free processing with Easy Documentation Process, Avail loan up to Rs. 50 crores and Tenure up to 30 years, and efficient eligibility for salaried and self-employed individuals. The company has a diverse product portfolio and microfinance remain a focused business segment. The asset products of the entity include micro banking loans - joint liability group loans and individual loans retail loans - unsecured loans, and secured loans wholesale lending - short-term and longterm loan housing loans with a focus on affordable housing commercial vehicle/construction equipment loans gold loans + Read More
Contact Details
Utkarsh Small Finance Bank Ltd. AddressUtkarsh Tower, NH 31 (Airport Road)Sehmalpur, Kazi Sarai, HarhuaVaranasi, Uttar Pradesh, 221105+91 542 660 5555shareholders@utkarsh.bankVisit Website