Utkarsh Small Finance Bank file for IPO and aim to raise Rs 1,350cr through this Issue. Let’s have a detailed overview of the Utkarsh Small Finance Bank Ipo release date, IPO offer price, subscription, grey market price, and other details like the Company’s background, its financial positions, promoters, and other related things.
Utkarsh Small Finance Bank Ipo Details
|IPO Date||not yet announced|
|Issue Size (Rs cr)||₹1300 Cr ([●] Equity Shares)|
|Fresh Issue||₹750 Cr ( [●] Equity Shares)|
|Offer for Sale||₹600 Cr ( [●] Equity Shares)|
|Issue Price||not yet announced|
|Market Lot size||not yet announced|
|Min. Order Quantity||not yet announced|
|Listing on||NSE and BSE|
Utkarsh Small Finance Bank Ipo Date:
The opening and the closing date of the IPO of Utkarsh Small Finance Bank is not announced yet.
|Issue Open Date||[●]|
|Issue Close Date||[●]|
|Basis of Allotment Date||[●]|
|Initiation of Refunds||[●]|
|Credit of Shares to Demat Account||[●]|
|IPO Listing Date||[●]|
Utkarsh Small Finance Bank Ipo Offer Summary:
Fresh Issue: The Fresh Issue of [●] Equity Shares by their Company, aggregating to Rs 750cr
Offer for Sale: Offer for sale consists of Up to [●] Equity Shares of the face value of Rs.10 each, aggregating Rs.600cr.
Issue Size: [●] Equity Shares of Rs.10 each, aggregating to Rs.1300cr
Utkarsh Small Finance Bank IPO Grey Market Premium ( GMP ):
The Utkarsh Small Finance Bank IPO Grey Market Premium price is Rs [●], the Kostak rate is Rs [●], and the Subject to Sauda is[●].
Utkarsh Small Finance Bank IPO: Business Overview
Utkarsh Small Finance Bank has started its operations way back in September 2009 to provide Financial and Non-financial services in its area of operations to the unbanked population who have the skill but lack capital.
Now, Bank has operations in 139 Districts across 11 States of Bihar, Chhattisgarh, Delhi-NCR, Haryana, Himachal Pradesh, Jharkhand, Madhya Pradesh, Maharashtra, Uttar Pradesh, Uttarakhand, and West Bengal with 61 General Banking (GB) Outlets and 375 Micro Banking (MB) Outlets, served by over 6,300 dedicated employees.
Key Operational Numbers Of Companies Business:
|Sep 20( 6 month)||Mar 20||Mar 19||Mar 18|
|Total Assets||10,494.9 Cr||9404.3 Cr||6238.8 Cr||4493.9 Cr|
|Total Revenue||835.1 Cr||1,406.2 Cr||958.2 Cr||544.7 cr|
|Total Expense||757.3 Cr||1219.4 Cr||847.3 Cr||622.1 cr|
|Profit After Tax||77.8 cr||186.7 cr||110.8 Cr||(77.4)|
Promoters And Management:
Utkarsh CoreInvest Limited (formerly known as Utkarsh Micro Finance Limited) is the sole Promoter of the company. The promoter holds an aggregate of 759,272,222 Equity Shares, comprising 100% of the pre-Offer issued Equity Share capital of the Bank.
Utkarsh Small Finance Bank Competitive Peers
the are 5 main competitors are listed on stock market details given below.
Note: given rates are changed frequently if you need live data then visit trendlyne or moneycontrol
|Listed Peers||market cap (IN CR.)||EPS Basic (Rs.)||P/E||P/B||ROE%|
|AU Small Fin. Bank||33,647.24||36.00||29.93||5.64||18.56|
|IDFC First Bank||31,681.04||0.64||80.01||1.53||-17.10|
|Equitas Small Fin.||5,810.32||2.14||23.85||1.68||9.75|
|Ujjivan Small Fin||4,640.52||-0.32||0||1.64||15.26|
|Karur Vysya Bank||4,292.30||4.24||12.67||0.63||3.61|
Utkarsh Small Finance Bank IPO Related FAQs :
When Will The Utkarsh Small Finance Bank IPO Open?
The Company did not announce the IPO open date. The opening and closing date are updated after Company notified.
What Is The Price Band For The Utkarsh Small Finance Bank IPO?
The Company did not decide Price Band for IPO.
What Is The Lot Size For The Utkarsh Small Finance Bank IPO?
Investors need to subscribe to a minimum of one lot of [●] shares. A retail individual investor can bid for a maximum of [●] share
What Is The Issue Size Of The Utkarsh Small Finance Bank IPO?
The issue comprises a fresh issue of up to 750cr and an offer for sale of up to [●] crore shares that amount to Rs.600cr. At the upper limit of the price band. This sums up the two; the issue size for Utkarsh Small Finance Bank IPO is Rs.1350cr.
What Is The Quota For Retail Investors In Utkarsh Small Finance Bank IPO?
As per the RHP, not more than [●] per cent of the offer would be available for allocation to retail .
Where Will Shares Of Utkarsh Small Finance Bank Get Listed?
The shares of the Utkarsh Small Finance Bank will be listed on the BSE and the NSE.
What Is The Last Date For Subscription In Utkarsh Small Finance Bank IPO?
On What Date Will Utkarsh Small Finance Bank Get Listed?
Utkarsh Small Finance Bank listing is likely by [●].
Where Could We Check Utkarsh Small Finance Bank IPO Allotment Status?
Those who would bid for the issue can check the subscription status on www.linkintime.co.in, the online portal of Link Intime India Private Limited, the registrar to the IPO.