The Utkarsh Small Finance Bank IPO subscription status has started on July 12, 2023, and it is also being subscribed by QIB, NII, and RII. The Utkarsh Small Finance Bank IPO began on July 12, 2023 and will end on July 14, 2023. It will be fully subscribed by July 14, 2023.
Utkarsh Small Finance Bank IPO is preparing to raise ₹500.00 crores through its fresh issue and offer for sale, in which the fresh issue is ₹500.00 crores and the offer for sale is ₹0 crores, and the Utkarsh Small Finance Bank IPO price band is fixed ₹23 to ₹25 per share. Check out Utkarsh Small Finance Bank’ IPO GMP here.
Utkarsh Small Finance Bank India is one of the most profitable small finance banks in the country. It is headquartered in the Varanasi district of Uttar Pradesh, and the vision of the bank is to provide good banking facilities to the underprivileged sections and especially in the states of Uttar Pradesh and Bihar.
Utkarsh Small Finance Bank IPO reserved shares in this IPO, 75% for QIB and 15% for NII, and 10% for the retail category have been reserved. To know the Utkarsh Small Finance Bank IPO Subscription Status, you can see the below-day Subscription.
Utkarsh Small Finance Bank IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : RoNW : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹404.50 Cr (March 2023) ₹25/ EQ (Cut Off) 4.52 (March 2023) 5.53x (PE Approx) 20.22 (March 2023) ₹22.33 (March 2023) ₹19,117.54 Cr (Mar 2023) ₹2239.76 Cr 84.75% 74.20% |
| Team Review : | ✔ Apply For Long Term |
Utkarsh Small Finance Bank IPO Subscription Status {Live Update} :
The total Utkarsh Small Finance Bank IPO Subscription Status subscribed101.91x times so far, with QIB subscribed 124.85x and NII subscribed 81.64x times & RII 72.10x times and EMP 16.58x times on Day 3. {Update Time : 14 July 2023 05:00 Pm}
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.04x | 4.22x | 124.85x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 9.01x ______ 8.04x 7.02x | 30.18x ______ 28.16x 26.19x | 81.64x ______ 84.48x 75.96x |
| RII : | 15.21x | 40.21x | 72.10x |
| EMP : | 3.02x | 9.36x | 16.58x |
| Total : | 5.20x | 17.69x | 101.91x |
Utkarsh Small Finance Bank IPO Net Shares Offered:
Utkarsh Small Finance Bank IPO is a public issue of 200,000,000 equity shares. The issue offers 59,400,000 shares to qualified institutional buyers, 29,700,000 shares to non-institutional investors, and 19,800,000 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| Anchor : | 89,100,000 | 222.75 Cr |
| QIB : | 59,400,000 | 148.50 Cr |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 29,700,000 ______________ 19,800,000 9,900,000 | 74.25 Cr _______ 49.50 Cr 24.75 Cr |
| RII : | 19,800,000 | 49.50 Cr |
| EMP : | 2,000,000 | 5.00 Cr |
| Total : | 200,000,000 | 500.00 Cr |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Utkarsh Small Finance Bank IPO Date & Price Band & Details :
| IPO Open : | 12 July 2023 |
| IPO Close : | 14 July 2023 |
| IPO Size : | ₹500. Cr {2,00,000,000 Shares} |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹23 – ₹25 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹500. Cr |
| Fresh Issue : | ₹500. Cr {2,00,000,000 Shares} |
| Offer For Sale : | ₹-. Cr |
Utkarsh Small Finance Bank IPO Subscription Status FAQs :
How much was the total Utkarsh Small Finance Bank IPO Subscription Status?
The total Utkarsh Small Finance Bank IPO Subscription Status 101.91x times Day 3.
What is the Utkarsh Small Finance Bank IPO retail subscription Status?
Utkarsh Small Finance Bank IPO Retail Subscription 72.10x times Day 3.
How much is the Utkarsh Small Finance Bank IPO QIB subscription Status?
The Utkarsh Small Finance Bank IPO QIB subscription 124.85x times Day 3.
How much did Utkarsh Small Finance Bank IPO NII subscribe?
Utkarsh Small Finance Bank IPO NII Subscription 81.64x times Day 3.
What is Utkarsh Small Finance Bank IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
What is Utkarsh Small Finance Bank IPO Allotment Date?
Utkarsh Small Finance Bank IPO allotment date is 19 July 2023.
What is Utkarsh Small Finance Bank IPO Listing Date?
Utkarsh Small Finance Bank IPO listing date is 24 July 2023. The IPO to list on NSE, BSE.
How to Apply the Stitched Textiles IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Stitched Textiles IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Stitched Textiles IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Stitched Textiles IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Stitched Textiles IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Stitched Textiles IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Stitched Textiles IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Stitched Textiles IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI A
| Utkarsh Small Finance Bank IPO GMP: Click Here Utkarsh Small Finance Bank IPO Details: Click Here Utkarsh Small Finance Bank IPO Allotment: Click Here Utkarsh Small Finance Bank IPO Listing: Click Here |
All Utkarsh Small Finance Bank IPO-related links are available here. If you want to know the details then click on Click Here Link.
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