Utkarsh Small Finance Bank Limited
12 Jul 2023 – 14 Jul 2023
LISTED
Offer Price
₹23–25
Bid lot
600
Min Application
₹15,000
Issue Size
₹500 Cr
Key dates
Open date
12 Jul 2023
Done
Close date
14 Jul 2023
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
21 Jul 2023
Today
Issue reservation
₹500 CrQIB 50%Retail 35%5%
QIB
10.00 Cr sh · ₹250.00 Cr
Retail
7.00 Cr sh · ₹175.00 Cr
Employee
1.00 Cr sh · ₹25.00 Cr
BRLM: ICICI Securities Limited · Kotak Mahindra Capital
Lot ladder — how much to bid
1 lot = 600 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
600 sh · ₹15,000
Max · 13 lots
7,800 sh · ₹1,95,000
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
8,400 sh · ₹2,10,000
Max · 66 lots
39,600 sh · ₹9,90,000
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
40,200 sh · ₹10,05,000
Entry point
₹10,05,000 onward
Issue details
Lead managersICICI Securities Limited, Kotak Mahindra Capital
Face value₹10
Listing onNSE
RegistrarKfin Technologies Limited
Live subscription
98.33×
0×1×2×3×+
Oversubscribed
Book₹450.00 Cr
Subscribed₹44,246 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 10,00,00,000₹250.00 Cr | 12,48,50,00,000₹31,213 Cr | 124.85× |
| HNI | 3,00,00,000₹75.00 Cr | 2,44,92,00,000₹6,123 Cr | 81.64× |
| Retail | 7,00,00,000₹175.00 Cr | 5,04,77,00,000₹12,619 Cr | 72.11× |
| Employee | 1,00,00,000₹25.00 Cr | 16,58,00,000₹414.50 Cr | 16.58× |
| Total | 18,00,00,000₹450.00 Cr | 17,69,85,00,000₹44,246 Cr | 98.33× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 31,212.50 |
| HNI | 6,123.00 |
| Retail | 12,619.25 |
| Employee | 414.50 |
| Total | 44,246.25 |
Amounts at the upper band (₹25). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Utkarsh Small Finance Bank Limited IPO?
One lot of 600 shares — ₹15,000 at the upper price band of ₹25.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2023-07-21 on NSE.