Utkarsh Small Finance Bank Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹23 - ₹25
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Utkarsh Small Finance Bank Limited IPO
Utkarsh Small Finance Bank Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 12 Jul 2023 and concluded on 14 Jul 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹23 - ₹25.
During the bidding window, Utkarsh Small Finance Bank Limited witnessed heavy demand with an overall subscription of 101.91 times. Institutional investors (QIB) subscribed 124.85x, non-institutional high-net-worth investors (NII) subscribed 81.64x, and retail individual investors (RII) bid 72.11x their reserved quota, alongside employee participation of 16.58x.
The equity shares of Utkarsh Small Finance Bank Limited officially debuted on the stock exchanges on 21 Jul 2023 at an opening listing price of ₹40, delivering a listing day return of +60.00% (premium) over the final issue price. As per the latest market data, the stock trades at ₹11.97, representing an overall decline of -52.12% since its IPO allotment.