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Utkarsh Small Finance Bank Ltd
Utkarsh Small Finance Bank Ltd
Registered Office : Utkarsh Tower NH-31 (AirportRd,Sehmalpur Kazi Sarai Harhua,Varanasi Uttar Pradesh 221105 Phone : +91 542 660 5555
Fax :
Email : shareholders@utkarsh.bank
Website : www.utkarsh.bank
Initial public offer of 200,000,000 equity shares* of face value of Rs. 10 each ("Equity Shares") of Utkarsh Small Finance Bank Limited ("The "Bank") for cash at a price of Rs. 25 per equity share (including a share premium of Rs. 15 per equity share) (the "Issue Price") aggregating to Rs. 500.00 crores* (the "Issue"). The issue includes a reservation of 2,000,000 equity shares*, aggregating to Rs. 5.00 crores* (constituting 1% of the size of the issue), for subscription by eligible employees (the "Employee Reservation Portion"). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute 18.25% and 18.07%, respectively, of the post-issue paid-up equity share capital of the bank. The face value of the equity shares is Rs. 10 each and the issue price is 2.50 times the face value of the equity shares. *Subject to finalisation of basis of allotment
Opens On
Closes On
12-Jul-2023
14-Jul-2023
Application
Allotment
25.00
0.00
Minimum Application for shares in Nos : 600.0 Further Multiples of : 600.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
454.61
500.00
1,095.90
25.00
ICICI Securities
Kotak Mahindra Capital Company Ltd
- To be utilised towards Augmentation of the Bank's Tier-I Capital base to meet the Bank's future capital requirements
- Utkarsh Coreinvest Ltd
- BSE
- NSE
- KFin Techologies Ltd