Utkarsh Small Finance Bank re-files DRHP with Sebi for Rs 500 cr-IPO

Utkarsh Small Finance Bank's gross loan portfolio stood at Rs 10,630.72 crore as of March 31, 2022, whereas total deposits were Rs 10,074.18 crore. The company will allocate at least 75 per cent of the equity shares to the qualified institutional buyers, whereas non-institutional investors will get 15 per cent shares. Retails bidders will have their claim on the remaining 10 per cent of shares.

Utkarsh Small Finance Bank re-files DRHP with Sebi for Rs 500 cr-IPO
Utkarsh Small Finance Bank's gross loan portfolio stood at Rs 10,630.72 crore as of March 31, 2022, whereas total deposits were Rs 10,074.18 crore. The company will allocate at least 75 per cent of the equity shares to the qualified institutional buyers, whereas non-institutional investors will get 15 per cent shares. Retails bidders will have their claim on the remaining 10 per cent of shares.