Issue Price
₹25
Per Share
GMP
NIL
Grey Market
Est. Listing
₹25
Expected Price
Min. Application
₹30,000
2 lots × 600 shares
Incorporated in 2016, Utkarsh Small Finance Bank Limited is an SFB (Small Finance Bank) in India and recorded the second fastest AUM growth in the years Fiscal 2019 and Fiscal 2022 among SFBs with AUM of more than Rs. 50 billion.The bank extends its facilities to individuals and businesses to assist them with their financial requirements.The services offered by Utkarsh SFB include:Accounts and DepositsCardsInsurance and InvestmentsLoansWays to BankCustomers of Utkarsh Small Finance Bank Limited can avail of features like Top-up/Balance Transfer facility, Hassle-free processing with Easy Documentation Process, Avail loan up to Rs. 50 crores and Tenure up to 30 years, and efficient eligibility for salaried and self-employed individuals.The company has a diverse product portfolio and microfinance remain a focused business segment.The asset products of the entity includemicro banking loans - joint liability group loans and individual loansretail loans - unsecured loans, and secured loanswholesale lending - short-term and longterm loanhousing loans with a focus on affordable housingcommercial vehicle/construction equipment loansgold loans
Utkarsh Small Finance Bank Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 200,000,000 | 100.00% | ₹500.00 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹15,000 |
| Retail (Max) | 13 | 7,800 | ₹195,000 |
| sNII (Min) | 14 | 8,400 | ₹210,000 |
| bNII (Min) | 68 | 40,800 | ₹1,020,000 |
| Particulars | 31 Mar 2020 | 31 Mar 2021 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 1406.18 | 1705.84 | 2033.65 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 186.74 | 111.82 | 61.46 |
| Net Worth | 1019.50 | 1368.35 | 1572.30 |
| Total Assets | 9404.32 | 12137.91 | 15063.77 |
| Reserves & Surplus | 260.23 | 520.02 | 676.78 |
| Total Borrowings | 2675.04 | 2607.83 | 2571.94 |