What is the Utkarsh Small Finance Bank Ltd price band and lot size?

Utkarsh Small Finance Bank Ltd is priced at ₹23 – ₹25 per share with a lot size of 600 shares, so the minimum application is ₹15,000.

How much was Utkarsh Small Finance Bank Ltd subscribed?

Utkarsh Small Finance Bank Ltd was subscribed 102× in total across both exchanges.

How have IPOs like Utkarsh Small Finance Bank Ltd performed?

Of the 61 mainboard issues that listed in 2023 and that MarketPing can price, the median return since issue price is +32.9% and 39.3% trade below their issue price. This is a base rate for the cohort, not a forecast for this issue.

ListedMainboardUTKARSHBNK

Utkarsh Small Finance Bank Ltd

Utkarsh Small Finance Bank Ltd is a mainboard IPO raising ₹500 Cr at ₹23 – ₹25 a share. It listed on 21 Jul 2023 and trades at ₹15 today, −41.9% against its issue price of ₹25. It was subscribed 102× in total.

Get alerts on this company Company page Prospectus ↗

₹25

Issue price

₹15

Price now

−41.9%

Since issue price

21 Jul 2023

Listed on

102×Subscribed (final) · all exchanges

101.9 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

How its cohort has done

61 mainboard issues listed in 2023 that we can price today. This is the group this issue belongs to.

+32.9%

Median return since issue price

39.3%

Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

How the book finished

The category split is the number worth reading, not the total.

QIB125×

Non-institutional82×

Retail72×

Demand is spread fairly evenly across investor categories.

See the full split, sub-category by sub-category →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits

How demand built over timeFinal figure held, but no series — we were not sampling this issue while it was live

Price-point demand curveLive only — NSE stops serving this once bidding closes

Lead managers and registrar2 banks

Official documents4 documents

Listing-day priceNot published for this issue — the exchanges only began carrying it during 2024

Performance since listingComputed from our own daily closes

Led by ICICI Securities Limited — median +18.2% across the 111 of its issues we can price. All lead managers →

What happens when

12 JulBidding opens

14 JulBidding closes

19 JulAllotment

20 JulRefunds

21 JulListing

Track UTKARSH SMALL FIN BANK L

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Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.