Utkarsh Small Finance Bank raised Rs 500 crore from its primary stake sale as the issue was sold in the range of Rs 23-25 apiece with a lost size of 600 equity shares.
The part reserved for qualified institutional buyers (QIBs) was subscribed 124.8 times, while that for non-institutional investors (NIIs) was subscribed 81.6 times. Meanwhile, the retail quota was subscribed 72.1 times.
Utkarsh allotment status: Utkarsh Small Finance Bank (SFB), whose Rs 500-crore IPO received a robust response from the investors during the 3-day bidding process, is likely to finalise the basis of allotment of shares on Wednesday, July 19, 2023. Watch this Visual Story to see how to check share allotment status online, latest grey market premium (GMP).
Utkarsh Small Finance Bank s share allotment will be finalised today, with investors receiving shares on a lottery basis. They can check their allotment status through the BSE or registrar s website. Shares are expected to list on the exchanges on July 24 at a strong premium of nearly 60%, and the company s
Utkarsh Small Finance Bank IPO basis of allotment is finalised. Investors can check their allotment status on BSE website, NSE website, or IPO registrar portal. Check here: