See details about Utkarsh Small Finance Bank GMP IPO today, share price, lot size and allocation in this article. Various details about the Utkarsh Small Finance Bank GMP Today IPO, share price, lot size, allotment and other important details are included in this article.
Utkarsh Small Finance Bank IPO
According to the information, the GMP IPO of Utkarsh Small Finance Bank has not started yet. The gray market price for Utkarsh Small Finance Bank’s initial public offering will be updated once it has started. Utkarsh Small Finance Bank’s initial public offering will open on July 12, with a total issue size of INR 500 crore.
HMA Agro Industries Ltd IPO
IKIO Lighting IPO GMP Today
Kore Digital IPO GMP Today
Meaning of the US debt ceiling
Utkarsh Small Finance Bank is an Indian SFB that was established in 2016. Full details about this major IPO can be accessed through its official website or by checking the Red Herring prospectus. The Red Herring prospectus of the Utkarsh Small Finance Bank can be found via the official SEBI website.
Utkarsh Small Finance Bank IPO GMP today
| Name | Utkarsh Small Finance Bank IPO |
| Start date | July 12, 2023 |
| Final date | July 14, 2023 |
| Nominal value | INR10 per share |
| Total size of the problem | 200,000,000 shares (500 crores) |
| Lot Size | 600 |
| Type of problem | Bookshop |
| Promoter | Utkarsh Core Invest Limited |
| Recorder | KFin limited technologies |
| Anchor Investors Auction Date | July 11, 2023 |
| Listed in | BSE, EEN |
| Assignment | July 19, 2023 |
| Start of refunds | July 20, 2023 |
| share credit | July 21, 2023 |
| Quotation Date | July 24, 2023 |
| UPI Mandate Confirmation Deadline | July 14, 2023 (5:00 p.m.) |
| Website | bank.utkarsh |
Utkarsh Small Finance Bank IPO share price
Utkarsh Small Finance Bank’s IPO aims to enhance its Tier I capital base and meet its future capital requirements. The share issue size of Utkarsh Small Finance Bank is around INR 23 to INR 25. According to the information, the face value of each Utkarsh Small Finance Bank share is INR 10.
All information about new issue size, face value, financial information, liabilities, promoters, registrar and many other details can be obtained by downloading the Utkarsh Small Finance Bank RHP. After checking all the details, investors can proceed to apply for this important IPO.
Utkarsh Small Finance Bank lot size
Based on the price of the IPO shares, the value of the lot will be determined. The lot size of Utkarsh Small Finance Bank’s initial public offering is 600 shares. Therefore, the retail (minimum) price of 1 lot will cost INR 15,000.
| Application | Number of shares | lots) | Cost |
| retail minimum | 600 | 1 | 15,000 rupees |
| maximum retail | 7,800 | 13 | 195,000 rupees |
| Minimum S-HNI | 8,400 | 14 | 210,000 rupees |
| Maximum S-HNI | 39,600 | 66 | 990,000 rupees |
| Minimum B-HNI | 40,200 | 67 | INR1,005,000 |
Similar to Retail (Min), the cost of Retail (Max), S-HNI (Min), S-HNI (Max) and B-HNI (Min) will be calculated. Therefore, depending on the requirements, investors can apply for various ranges of lots.
Assets and liabilities of the small Utkarsh financial bank
Capital and liabilities (£ in millions) –
| Detailed report | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| Capital | 8,959.05 | 8,955.22 | 8,483.34 |
| reserves and surpluses | 11,044.16 | 6,767.75 | 5,200.19 |
| Deposits | 1,37,101.40 | 1,00,741.83 | 75,075.68 |
| loans | 23,494.75 | 25,719.35 | 26,078.25 |
| Other Liabilities and Provisions | 10,576.06 | 8,453.55 | 6,541.66 |
| Total | 1,91,175.42 | 1,50,637.70 | 1,21,379.12 |
Assets (£ in millions) –
| Detailed report | March 31, 2023 | March 31, 2022 | March 31, 2021 |
| Cash and balances with RBI | 11,920.57 | 5,338.97 | 2,749.38 |
| Balances with banks and money on sight and at short notice | 13,243.06 | 13,377.52 | 8,948.78 |
| Investments | 28,594.22 | 23,479.24 | 23,139.35 |
| progress | 1,30,687.66 | 1,02,281.47 | 82,168.58 |
| Fixed assets | 3,033.24 | 2,865.34 | 1,811.71 |
| Other assets | 3,696.67 | 3,295.16 | 2,561.32 |
| Total | 1,91,175.42 | 1,50,637.70 | 1,21,379.12 |
Promoter of the Utkarsh Small Finance Bank IPO
According to Utkarsh Small Finance Bank’s Red Herring prospectus, there is only one promoter for this issue, Utkarsh CoreInvest Limited.
| Shareholder name | Nature of values | Securities acquisition date | No. of Securities Acquired | Acquisition price by value |
| Utkarsh Core Invest Limited | equity shares | August 29, 2019 and October 11, 2019 | 1000 | €27 |
The average cost of acquiring equity shares of Utkarsh Small Finance Bank Promoter is Rs 10.50 per equity share.
Energy comparison between India and China
The richest country in the world
The richest woman in the world
The most handsome man in the world.
The most beautiful woman in the world
Furthermore, the registrar of this issue is KFin Technologies Limited.
Utkarsh Small Finance Bank IPO allocation
The allotment process will begin shortly after the closing date of Utkarsh Small Finance Bank’s IPO. Therefore, investors who applied for this important issuance can look forward to the start of the allotment on July 19. Also, as with other IPOs, the redemption process will begin the day after the award date.
According to the information, the credit date of the shares in the investors’ demat accounts is July 21. Utkarsh Small Finance Bank shares will be listed on July 24.
Categories: Finance
Source: vtt.edu.vn