247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Utkarsh Small Finance Bank Limited IPO (Utkarsh Small Finance Bank IPO) Details

Utkarsh Small Finance Bank Limited is an Banking And Finance based company, located in Varanasi, Utkarsh Small Finance Bank Limited IPO size was 500.00 Cr. and was issued at 25.00 per share. The share of Utkarsh Small Finance Bank Limited were listed at 59.85 per share and are currently trading at 30.76 per share.

Type :
Sub Sector : Small Finance Banks Having A Pan-India Presence
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
2804.29 Cr.

PAT :
404.50 Cr.

Pricing Report

Issue Price :
25.00

Listing Price :
59.85

Current Market Price :
30.76

Issue Price vs CMP :
5.76 (23.04%)

listing Price vs CMP :
29.09 (48.60%)

Performance Report (CAGR* wise)

CAGR : 14.75
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Utkarsh Small Finance Bank

Company Information
Utkarsh Small Finance Bank Limited is a Small Finance Bank (SFB) in India and recorded the second-fastest Asset Under Management (AUM) growth between Fiscal 2019 and Fiscal 2022 among SFBs with AUM exceeding '50 billion (Source: CRISIL Report). Its Promoter, Utkarsh CoreInvest Limited, began its operations as a Non-Banking Financial Company (NBFC) in Fiscal 2010, focusing on providing microfinance to unserved and underserved segments, particularly in the states of Uttar Pradesh and Bihar. The company
Object of Issue
  • The Utkarsh Small Finance Bank Limited proposes to utilize the Net Proceeds from the Issue towards augmenting its Tier - capital base to meet its future capital requirementsFurther, the proceeds from the Issue will also be used towards meeting the expenses in relation to the Issue

Utkarsh Small Finance Bank MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jul, 2023
IPO Size :
500.00 Cr.
Market Cap :
2739.76 Cr.   
IPO Subscription :
110.77 X     
PE Multiple :
0.00
Merchant Banker :
ICICI Securities Limited
IPO Registrar:
Kfin Technologies Limited

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FAQs

Utkarsh Small Finance Bank operates in Banking And Finance and Small Finance Banks Having A Pan-India Presence. The Issue is listed on MainBoard in Jul, 2023. Utkarsh Small Finance Bank IPO size was 500.00 Cr. with Issue price of 25.00 .

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 30.76.

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