Utkarsh Small Finance Bank Ltd

Registered Office: Utkarsh Tower NH-31 (AirportRd,Sehmalpur Kazi Sarai Harhua, Varanasi - 221105, Uttar Pradesh, India. 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 Issue Opens On Closes On 12-Jul-23 14-Jul-23 Money Payable On Application Allotment 25.00 0.00 Minimum Application for shares in Nos : 600 Further Multiples of : 600 Cr Lead Managers to the Issue Project Cost (.Cr) 454.61 ICICI Securities Project Financed through Current Offer (.Cr) 500.00   Post Issue Equity Share Capital (.Cr) 1095.90 Issue Price () 25.00

Projects

To be utilised towards Augmentation of the Bank's Tier-I Capital base to meet the Bank's future capital requirements

Promoted By

Utkarsh Coreinvest Ltd

Listing At

BSE

NSE

Registrar to the Issue

No Data Available