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.
