Subscription Details
The details about the Utkarsh Small Finance Bank IPO is as:
- The issue size of the Utkarsh Small Finance Bank IPO is 500 Cr.
- The price band for Utkarsh Small Finance Bank IPO is Rs 23 to Rs 25.
- The shares of Utkarsh Small Finance Bank IPO will list on 21st July 2023.
- The latest tentative GMP of Utkarsh Small Finance Bank IPO is Rs 15.
- The shares of Utkarsh Small Finance Bank IPO is subscribed 110.77 times as of 14th July 2023.
Utkarsh Small Finance Bank IPO Valuation
The approx valuation of Utkarsh Small Finance Bank IPO based on its price band and RHP/DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 25 |
| Existing Shares (Qty) |
89.59 Cr |
| Fresh Issue |
500 Cr |
| Market Cap |
2739.75 Cr |
| EPS (FY23) |
Rs 4.52 |
| PE Ratio |
5.53x |
| Industry PE |
67.78x |
Utkarsh Small Finance Bank IPO Issue Size
Utkarsh Small Finance Bank IPO issue size is 500 Cr.
| Issue |
Amount |
| Fresh Issue |
500 Cr |
| Offer For Sale |
0 Cr |
Utkarsh Small Finance Bank IPO Market Lot
An Individual can apply for a minimum 1 lot of 600 shares and a maximum of 13 lots of 7800 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
600 |
Rs 15,000 |
| Maximum |
13 |
7800 |
Rs 1,95,000 |
Utkarsh Small Finance Bank IPO Offer
The shares of Utkarsh Small Finance Bank IPO is subscribed 110.77 times as of 14th July 2023. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Minimum 75% |
135.71 Times |
| Non-Institutional |
Minimum 15% |
88.74 Times |
| Retail Individual |
Minimum 10% |
78.37 Times |
| Employee |
20 Lakh Shares |
18.02 Times |
| Total |
|
110.77 Times |
Utkarsh Small Finance Bank IPO Grey Market Premium
| As on |
GMP (Tentative) |
| 10 July 2023 |
Rs 12 |
| 11 July 2023 |
Rs 15 |
| 12 July 2023 |
Rs 15 |
| 14 July 2023 |
Rs 15 |
| 17 July 2023 |
Rs 15 |
Utkarsh Small Finance Bank IPO GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.
Allotment Details
Find below the dates for Utkarsh Small Finance Bank IPO:
| Schedule |
Date |
| Basis of Allotment |
19 July 2023 |
| Refunds |
20 July 2023 |
| Credit to Demat Account |
21 July 2023 |
| IPO Listing Date |
21 July 2023 |
Check allotment status