Utkarsh Small Finance Bank is set to raise INR 500 crore through its IPO scheduled to open on July 12, 2023, and close on July 14, 2023. The price band for the IPO is ₹23-₹25 per share. The bank has a significant presence across 26 states in India, serving rural and semi-urban areas with a customer base of 3.59 million and a workforce of 15,424 employees.
Utkarsh Small Finance Bank IPO: Schedule, price band and other details
Utkarsh Small Finance Bank is set to raise INR 500 crore through its IPO scheduled to open on July 12, 2023, and close on July 14, 2023. The price band for the IPO is ₹23-₹25 per share. The bank has a significant presence across 26 states in India, serving rural and semi-urban areas with a customer base of 3.59 million and a workforce of 15,424 employees.