Utkarsh Small Finance Bank IPO Subscription Status – IPO Closed

Vijay Prajapati
July 14, 2023

Vijay Prajapati

Utkarsh Small Finance Bank IPO subscription status started on Wednesdau July 12, 2023 and will close on July 14, 2023. Utkarsh SFB IPO to raise around ₹500 crores via IPO. The retail quota is 10%, QIB is 75%, and NII is 50%. The price band is fixed at ₹23 to ₹25 per equity share.

The Utkarsh Small Finance Bank IPO minimum market lot is 600 shares with ₹15,000 application amount. The Utkarsh Small Finance Bank IPO is a Mainline IPO, and it will list on BSE and NSE.

Utkarsh Small Finance Bank has headquarters located in Varanasi, Uttar Pradesh, and has over the years expanded our SFB operations strategically in States where they have been able to leverage the prior microfinance experience of Utkarsh CoreInvest Limited. The company operations are spread across India and are present in 22 States and Union Territories with 686 Banking Outlets and 12,617 employees, as of March 31, 2022. As of March 31, 2022, 27.70% of our Banking Outlets were located in Unbanked Rural Centres (“URCs”) as against the regulatory requirement of 25% of banking outlets of SFBs to be located in URCs.

IPOWatch View

We recommend investors may apply for an IPO with Short term and Long term views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Utkarsh Small Finance Bank IPO Subscription Status – Day 3

Category	Day 3
QIB	135.71
NII	88.74
bNII	91.83
sNII	82.56
RII	78.37
EMP	18.02
Total	110.77

Utkarsh Small Finance Bank IPO Investor Categories

Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
Retail Individual Investors (RII): Retail Individual Investors or NRIs
Employee (EMP): Eligible Employees
Others: Eligible Shareholders

Utkarsh Small Finance Bank IPO Review

May Apply

Utkarsh Small Finance Bank IPO Form

How to apply for the Utkarsh Small Finance Bank IPO? You can apply for Utkarsh Small Finance Bank IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Utkarsh Small Finance Bank IPO in the Invest section. The other option is you can apply for Utkarsh Small Finance Bank IPO via IPO forms downloaded online. Check out the Utkarsh Small Finance Bank forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Utkarsh Small Finance Bank IPO Subscription Status FAQs:

When Utkarsh Small Finance Bank IPO Subscription will start?

The IPO subscription starts on July 12, 2023 for QIB, NII, and Retail Investors.

How to subscribe Utkarsh Small Finance Bank IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Utkarsh Small Finance Bank IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Utkarsh Small Finance Bank IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Utkarsh Small Finance Bank”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Utkarsh Small Finance Bank IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Utkarsh Small Finance Bank”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Utkarsh Small Finance Bank IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Utkarsh Small Finance Bank” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Utkarsh Small Finance Bank IPO Allotment Date?

Utkarsh Small Finance Bank IPO allotment date is July 19, 2023.

What is the Utkarsh Small Finance Bank IPO Listing Date?

Utkarsh Small Finance Bank IPO listing date is July 21, 2023. The IPO is to list on BSE and NSE.

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