-- / 600 shares
₹ 500.00 Cr
Retail Gain/Listing Gain
Utkarsh Small Finance Bank Ltd. is an SFB in India with the third fastest Gross Loan Portfolio growth between Fiscal 2019 and Fiscal 2023 among SFBs with a Gross Loan Portfolio of more than ₹60 billion (Source: CRISIL Report, page 133).
The company primarily operates in rural and semi-urban areas, with approximately 3.59 million customers (both deposit and credit) majorly located in rural and semi-urban areas (Source: CRISIL Report, page 147).
Its Promoter, Utkarsh CoreInvest Limited, is backed by a number of institutional investors including SIDBI, HDFC Life Insurance Company Ltd, HDFC Ergo General Insurance Company Ltd, ICICI Prudential Life Insurance Company Ltd, and many more reputed brands.
Here are a few strategies Utkarsh Small Finance Bank Limited has for its business:
And finally here’s a look at key financials of Utkarsh Small Finance Bank Limited
Particulars (in Rs. million)
How to apply for IPO through ASBA
The Utkarsh Small Finance Bank Limited IPO has an issue size of Rs. 500 crore. The IPO opens for subscription on 12th July and ends on 14th July.
KFin Technologies Limited is the registrar for this IPO.