Utkarsh Small Finance Bank Ltd RHP
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 | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
7/12/2023 12:00:00 AM | 7/14/2023 12:00:00 AM | Rs 25 - 0 | Rs 0 - 0 |
Minimum Application for shares in Nos : 600 Further Multiples of : 600 | |||
Rs Cr | Lead Managers to the Issue | |
---|---|---|
Project Cost | 454.61 | ICICI Securities |
Project Financed through Current Offer | 500 | |
Post Issue Equity Share Capital | 454.61 | |
Issue Price | Rs. 25 |
Projects |
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To be utilised towards Augmentation of the Banks Tier-I Capital base to meet the Banks future capital requirements |
Promoted By | Listing At | Registrar to the Issue | |
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| - | KFin Techologies Ltd |