Utkarsh Small Finance Bank Ltd. IPO Information: The IPO of Utkarsh SFB has been scheduled with a fixed date. It will be open in the market from July 12 to July 14, 2023. The company aims to raise approximately ₹500 crores through the IPO. This amount will consist of a fresh issue of ₹500 crores. each Share Face valued at ₹10. The allocation for different investor categories is as follows: 10% for retail investors (retail quota), 75% for qualified institutional buyers (QIBs), and 15% for high net worth individuals (HNIs).
Objects for the Issue
- Future capital requirement
- For general corporate purposes.
Utkarsh SFB IPO Review (Apply or Not)
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| IPO Dates: | 12 to 14 July, 2023 |
| IPO Size: | ₹500 Crores |
| Fresh Issue: | ₹500 Crores |
| Face Value: | ₹10 / Equity Share |
| IPO Price Band: | ₹23 to ₹25 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | – |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Waiting |
Utkarsh SFB IPO Lot Size
The Utkarsh SFB IPO minimum application is 600 shares with the amount of ₹15,000. Retail investors can apply Maximum 13 lots with total 7800 shares for amount of ₹195,000. HNI investors can apply Minimum 14 lots with total 8400 shares for amount of ₹201,000 and Maximum 67 Lots with 40200 Shares for the amount of ₹1,005,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 600 | ₹15,000 |
| Retail Maximum | 13 | 7800 | ₹195,000 |
| Small HNI Minimum | 14 | 8400 | ₹201,000 |
| Big HNI Minimum | 68 | 40200 | ₹1,005,000 |
Utkarsh SFB IPO Allotment and Listing Dates
The Utkarsh SFB IPO Last date for application is July 14. and The Utkarsh SFB IPO allotment will be settled on Jul 11 and the IPO listing on June 14.
| Price Band Announcement: | July 7, 2023 |
| Anchor Investors Allotment: | July 11, 2023 |
| IPO Open Date: | July 12, 2023 |
| IPO Close Date: | July 14, 2023 |
| Basis of Allotment: | July 19, 2023 |
| Refunds: | July 20, 2023 |
| Credit to Demat Account: | July 21, 2023 |
| IPO Listing Date: | July 24, 2023 |
Check here IPO subscription status and IPO allotment status on their separate pages.
Utkarsh SFB IPO About the Form and ASBA
To apply for the Utkarsh SFB IPO, you have a couple of options. The first is to utilize the ASBA (Application Supported by Blocked Amount) facility through your bank account’s online portal. Simply log in to your online banking account, navigate to the “Invest” section, and select the Utkarsh SFB IPO to apply.
Alternatively, you can download the IPO forms directly from the websites of the NSE Form or BSE Form. Look for the Utkarsh SFB IPO forms on their respective platforms, download them, fill in the required information, and then submit the completed forms either at your bank or through your broker.
Choose the method that is most convenient for you to apply for the Utkarsh SFB IPO.
Utkarsh SFB past Financial Report
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Utkarsh SFB Valuation Report
Find out IPO valuation details of Utkarsh SFB including Earnings Per Share (EPS), Price Earnings Ratio, Net Yield (RoNW) and Net Asset Value (NAV) details.
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Peer Group
Equitas Small Finance Bank, Ujjivan Small Finance Bank Limited, Credit Access Grameen Limited, Spandana Sphoorty Financial Limited, Bandhan Bank Limited, AU Small Finance Bank Limited, Suryoday Small Finance Bank
Company Promoters
Utkarsh CoreInvest Limited is promoters of Utkarsh SFB IPO and Share Holding before IPO is 84.75% and Share Holding after IPO 69.28%.
Company Details
Utkarsh SFB IPO Registrar
Phone: 04067162222, 04079611000 Email: utkarsh.ipo@kfintech.com Website: https://ris.kfintech.com/ipostatus/
Utkarsh SFB IPO Allotment Status Check
Utkarsh SFB IPO Allotment Status Check on the allotment URL – Click Here
Utkarsh SFB IPO Lead Managers aka Merchant Bankers
- Icici Securities Limited.
- Kotak Mahindra Capital Company Limited.
Company Address
Utkarsh Small Finance Bank Utkarsh Small Finance Bank Limited Utkarsh Tower, NH – 31 (Airport Road), Sehmalpur, Kazi Sarai, Harhua, Varanasi – 221 105 Phone: +91 542 660 5555 Email: shareholders@utkarsh.bank Website: https://www.utkarsh.bank/
Utkarsh SFB IPO FAQs
What is the Utkarsh SFB IPO?
The Utkarsh SFB IPO is a main-board IPO. They plan to raise Rs 500 crore through IPO. The issue price is between ₹23 and ₹25 per share. The IPO will be listed on the BSE and NSE.
When is the Utkarsh SFB IPO opening and closing?
The specific dates for the opening July 12, 2023 and closing July 14, 2023 of the Utkarsh SFB IPOs for Investors.
How can I apply for the Utkarsh SFB?
You can apply for the Utkarsh SFB IPO through the ASBA facility provided by your bank. Alternatively, you can download the IPO application forms from the websites of the NSE or BSE and submit them at your bank or through your broker. Or you can also apply through the UPIs.
What’s the Investors Portion of Utkarsh SFB?
The investor’s portion for Utkarsh SFB QIB is 75%, NII is 15%, and Retail is 10%.
What is the Utkarsh SFB IPO Size and Price Band?
Utkarsh SFB size is ₹500 crores. And Price Band is ₹23 to ₹25.
What is the Minimum and Maximum Lot Size for Utkarsh SFB for retails?
For the minimum bid is 600 Shares with (600 x 25) ₹15,000 amount while the maximum bid is 7800 shares with (7800 x 25) ₹195,000.
What is the Minimum and Maximum Lot Size for Utkarsh SFB for HNIs?
For the minimum bid is 8400 Shares with (8400 x 25) ₹210,000 amount while the maximum bid is 40,200 shares with (40,200 x 25) ₹1,005,000.
What is the date for Utkarsh SFB IPO Allotment and Unblock Amount?
Utkarsh SFB IPO allotment date is July 19, 2023 and Unblock balance date is July 20, 2023.
What is the Listing Date of Utkarsh SFB?
Utkarsh SFB IPO listing date is July 24, 2023. The IPO will be listed on BSE and NSE.