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 ₹14 today, −42.8% against its issue price of ₹25. It was subscribed 102× in total.

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₹25

Issue price

₹14

Price now

−42.8%

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

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹23 – ₹25

Cut-off price₹25

Issue size₹500 Cr

Shares per lot600

Minimum application₹15,000

Minimum quantity600

Face value₹10

Listing exchanges—

ISININE735W01017

Bidding hours10:00 – 17:00 IST

Bidding window12 Jul 2023 – 14 Jul 2023

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.