Utkarsh Small Finance Bank Ltd IPO Listing: SME companies are booming in the stock market at this time. Another IPO has been listed on Friday. We are talking about Utkarsh Small Finance Bank. Utkarsh Small Finance Bank is listed on BSE at Rs 39.95 with a premium of 59.80 per cent. At the same time, the listing of the company in NSE has been done at Rs. The price band of Utkarsh Small Finance Bank IPO was Rs 23 to Rs 25.

Utkarsh Small Finance Bank IPO Details

The IPO of Utkarsh Small Finance Bank was opened from 12 July 2023 to 14 July 2023. Investors had a chance of 3 days to subscribe to it. The lot size of the Utkarsh Small Finance Bank IPO was 600 shares. Due to which a retail investor had to invest at least Rs 15,000.

Utkarsh Small Finance Bank Subscription Details

This IPO was subscribed 133 times during the opening of 3 days. The IPO of Utkarsh Small Finance Bank was subscribed 110.77 times on July 14, the third and last day of subscription. On this day, 78.38 percent subscription was received in the retail category, 135.71 times in the qualified institutional category and 88.74 times in the non-institutional category.

Utkarsh Small Finance Bank GMP

The company’s shares were at a premium of Rs 16.10 on the morning of July 21 in the gray market. Earlier the shares of the company were at Rs.15. Let us tell you, the GMP of Utkarsh Small Finance Bank remained in the range of Rs 14 to Rs 16.10 before listing.