Utkarsh Small Finance Bank Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

12 Jul 2023

Close Date

14 Jul 2023

Allotment

19 Jul 2023

Listing Date

21 Jul 2023

Exchange

NSE & BSE

Price Band

₹25

Listing Price

See chart

Allotment Status

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Price Band

₹25

Per share

Face Value

₹10 per share

Lot Size

600 Shares

per lot

Issue Size

20,00,00,000 shares (aggregating up to ₹500.00 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹15,000

1 lot

Post-IPO Holding

1,09,55,21,522 shares

Promoters

P/E (Pre)

6.78x

EPS (Pre)

₹4.52

UPI Deadline

2023-07-14

Mandate

Anchor AllotmentTue, 11 Jul 2023

Basis of AllotmentWed, 19 Jul 2023

Refund InitiationThu, 20 Jul 2023

Demat CreditFri, 21 Jul 2023

Listing DayFri, 21 Jul 2023

UPI Mandate Deadline2023-07-14

Sale TypeFresh Capital

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Utkarsh Small Finance Bank Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 14 Jul 2023.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	200,000,000	100%	₹500.00

IPO Shares Offered

Utkarsh Small Finance Bank Ltd. IPO total issue size: ₹500.00 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	200,000,000	₹500.00	100.00%

* Based on upper price band ₹25 per share

Lot Size & Investment

Lot Size

600

Shares per Lot

Issue Price

₹25.00

Upper Band

Min Investment

₹15,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	1,200	₹30,000
Retail (Max — 13 Lots)	13	7,800	₹195,000
S-HNI (Min — 14 Lots)	14	8,400	₹210,000
B-HNI (Min — 68 Lots)	68	40,800	₹1,020,000

* Issue Price ₹25 × Lot Size 600 shares

IPO Schedule

Anchor

11 Jul 2023

✓ Done

IPO Open

12 Jul 2023

✓ Done

IPO Close

14 Jul 2023

✓ Done

Allotment

19 Jul 2023

✓ Done

Refunds

20 Jul 2023

✓ Done

Demat Credit

21 Jul 2023

✓ Done

Listing Day

21 Jul 2023

✓ Done

₹25.00

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Issue ₹25.00 Live Price

About Utkarsh Small Finance Bank Ltd.

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 DepositsCardsInsurance and InvestmentsLoansWays to BankCustomers 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 includemicro banking loans - joint liability group loans and individual loansretail loans - unsecured loans, and secured loanswholesale lending - short-term and longterm loanhousing loans with a focus on affordable housingcommercial vehicle/construction equipment loansgold loans

Objects of the Issue

1 Gross proceeds of the Issue

Utkarsh Small Finance Bank Ltd. Financials (Amount in Crore)

Revenue from Operations

₹2,033.7

31 Mar 2022

₹1,705.8

31 Mar 2021

₹1,406.2

31 Mar 2020

Profit After Tax (PAT)

₹61.5

31 Mar 2022

₹111.8

31 Mar 2021

₹186.7

31 Mar 2020

Particulars	31 Mar 2020	31 Mar 2021	31 Mar 2022
Revenue from Operations	1406.18	1705.84	2033.65
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	186.74	111.82	61.46
Net Worth	1019.50	1368.35	1572.30
Total Assets	9404.32	12137.91	15063.77
Reserves & Surplus	260.23	520.02	676.78
Borrowings	2675.04	2607.83	2571.94
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

RoE

22.64%

RoNW

20.22%

Debt/Equity

8.03

Issue Structure & Shareholding

Total Shares Offered20,00,00,000 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter HoldingN/A

Post-Issue Promoter Holding1,09,55,21,522 shares

P/BV RatioN/A

RoE22.64%

RoCEN/A

Debt / Equity8.03

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

utkarsh.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

ICICI Securities Ltd.

Kotak Mahindra Capital Co.Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Utkarsh Small Finance Bank Ltd. IPO subscribed? ▲

Utkarsh Small Finance Bank Ltd. IPO is subscribed 1.00 times by Jul 14, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Utkarsh Small Finance Bank Ltd. IPO retail subscription status? ▼

The Utkarsh Small Finance Bank Ltd. IPO retail category is subscribed 1.00 times as of 14 Jul 2023. The retail portion is oversubscribed.

How to subscribe Utkarsh Small Finance Bank Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 12 Jul 2023 and closes 14 Jul 2023. Min investment: ₹15,000 (1 lot = 600 shares). UPI mandate: 2023-07-14.

How many times Utkarsh Small Finance Bank Ltd. IPO subscribed? ▼

The Utkarsh Small Finance Bank Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Utkarsh Small Finance Bank Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 19 Jul 2023. Refunds: on 20 Jul 2023.

When Utkarsh Small Finance Bank Ltd. IPO will be listed? ▼

The Utkarsh Small Finance Bank Ltd. IPO listing date is 21 Jul 2023, Friday. Listed on: NSE & BSE. Issue price: ₹25. Estimated listing: ₹25. GMP: NIL.

When Utkarsh Small Finance Bank Ltd. IPO close? ▼

The Utkarsh Small Finance Bank Ltd. IPO closes on 14 Jul 2023, Friday. UPI mandate: 2023-07-14. Allotment: 19 Jul 2023. Listing: 21 Jul 2023.

Quick Actions

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Live Price LIVE

Last Price₹25.00

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Issue Price₹25.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹25

Face Value₹10

Lot Size600 Sh

Min. Amount₹15,000

GMPNIL

Est. Listing₹25

Subscribed1.00x

Open Date12 Jul 2023

Close Date14 Jul 2023

Allotment19 Jul 2023

Listing Date21 Jul 2023

ExchangeNSE & BSE

UPI Deadline2023-07-14