Exchanges
BSE, NSE
Issue
Book building

Utkarsh Small Finance Bank IPO

₹48.00

+92.00% on listing

Listing-day close · NSE · 21 Jul 2023 · issue price ₹25

Utkarsh Small Finance Bank’s ₹500 crore IPO was priced at ₹25 a share. It listed on the NSE on 21 Jul 2023 and closed its first day at ₹48.00, up 92.00% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹500 Cr
Fresh issue
₹500 Cr
Offer for sale
—
Lot size
600 shares
Minimum investment
₹15,000
Face value
₹10
Registrar
Kfin Technologies

Subscription

Utkarsh Small Finance Bank IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—61.41×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,740 Cr
ROE
22.64%
Debt to equity
8.03
Promoter holding
84.75% → 69.28%

From the offer documents.

Listing

Listing date
21 Jul 2023
Issue price
₹25
Open
₹40.00
High
₹48.00
Low
₹37.20
Close
₹48.00

Listing day on the NSE. The close was +92.00% on the issue price.

UTKARSHBNK share price today

FAQs

When did the Utkarsh Small Finance Bank IPO open and close?

It opened on 12 Jul 2023 and closed on 14 Jul 2023.

What was the Utkarsh Small Finance Bank IPO price?

The price band was ₹23–25 a share. The final issue price was ₹25.

What is the lot size and minimum investment?

One lot is 600 shares, ₹15,000 at ₹25 a share. Retail investors apply in whole lots.

How much did Utkarsh Small Finance Bank raise?

₹500 crore: ₹500 crore of new shares.

How many times was the Utkarsh Small Finance Bank IPO subscribed?

61.41 times overall.

How did Utkarsh Small Finance Bank list?

It listed on the NSE on 21 Jul 2023 at ₹40.00 and closed the day at ₹48.00, up 92.00% on the ₹25 issue price.

Who is the registrar of the Utkarsh Small Finance Bank IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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