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[ad_1] Utkarsh Small Finance Bank IPO:  The initial public offering (IPO) of Utkarsh Small Finance Bank was subscribed 16.2 times on second day, led by strong bidding from retail and non-institutional investors. The IPO will close on July 14. After the IPO, Utkarsh will join the league of other small finance banks to be listed on the stock exchanges such as AU Small Finance Bank, Equitas Small Finance Bank, Ujjivan Small Finance Bank and Suryoday Small Finance Bank. Utkarsh Small Finance Bank IPO: Subscription Status As per NSE data, the IPO received bids for 1,95,26,93,400 shares against 12,05,43,477 shares on offer. The IPO was subscribed 36.66 times by retail individual investors (RIIs), 27.72 times by non-institutional investors (NIIs) and 3.88 times by qualified institutional buyers (QIBs). Utkarsh Small Finance Bank IPO Dates The public issue will open on July 12 and bidding will close on July 14. The anchor book, the part of qualified institutional buyers, was opened on Jul...

[ad_1] Utkarsh Small Finance Bank IPO:  The Utkarsh Small Finance Bank (SFB) public offer received bids for 57.07 crore shares against an issue size of 12 crore units, subscribing 4.73 times on the first day of bidding today, exchange data showed. The IPO will close on July 14. Utkarsh Small Finance Bank IPO: Subscription Status Retail investors have bought 13.75 times their allotted quota and employees have subscribed 2.73 times. As many as 21 lakh shares have been reserved for employees of which 50 lakh shares have been booked, Bombay Stock Exchange (BSE) data showed. The part set aside for qualified institutional buyers was subscribed 4 percent. The non-institutional portion of the IPO has been subscribed 8.25 times, with bids received for 29.6 crore shares, against the reserved portion of 3.2 crore shares. Utkarsh Small Finance Bank IPO Dates The public issue will open on July 12 and bidding will close on July 14. The anchor book, the part of qualified institutional buyers, wa...

[ad_1] Utkarsh Small Finance Bank IPO:  The initial public offering (IPO) of Utkarsh Small Finance Bank (SFB) kicks off for subscription on Wednesday, July 12. The private lender is selling its shares in the range of Rs 23-25 apiece during the three-day bidding process, which concludes on Friday, July 14. A day ahead of its IPO, Utkarsh SFB allocated 8.91 crore equity shares to 20 anchor investors at an issue price of Rs 25 apiece to garner Rs 222.75 crore. SBI Mutual Fund, ICICI Prudential, Kotak Mahindra Trustee, Aditya Birla Sun Life Trustee, Goldman Sachs, SBI Life Insurance, Edelweiss Trusteeship, Founders Collective Fund and AG Dynamics Funds participated in the anchor book. Utkarsh Small Finance Bank IPO Dates The public issue will open on July 12 and bidding will close on July 14. The anchor book, the part of qualified institutional buyers, was opened on July 11. Utkarsh Small Finance Bank IPO Price Band The small finance bank has set the price band for its issue at Rs 23-...