Utkarsh small finance bank

Utkarsh SFB IPO description – Utkarsh Small Finance Bank is among the leading SFBs in terms of return on assets and had the highest return on equity among SFBs in India in FY2020. The bank is headquartered in Varanasi and its promoter started operations as a NBFC in FY2010, providing microfinance to unserved or underserved segments in the states of Uttar Pradesh and Bihar. The bank now has operations in 18 States and Union Territories with 528 Banking Outlets and 8,729 employees, as of 30 September 2020. As of 30 September 2020, 27.1% of its banking outlets were located in Unbanked Rural Centres (URCs) as against the regulatory requirement of 25%. As of 30 September 2020, the bank had 2.74 million customers (both deposit and credit) majorly located in rural and semi-urban areas primarily in the states of Bihar, Uttar Pradesh and Jharkhand. Its deposits grew at a CAGR of 54.5% from INR21,938.7 million in FY2018 to INR52,352.1 million as of FY2020. The total number of deposit customers, that include microbanking customers to whom the bank also offers JLG loans, stood at 0.54 million, as of 30 September 2020. Promoters of Utkarsh SFB – Utkarsh Coreinvest Limited Utkarsh SFB IPO details Subscription Dates Coming soon Price Band Coming soon Fresh issue INR750 crore Offer For Sale INR600 crore Total IPO size INR1,350 crore Minimum bid (lot size) Coming soon Face Value INR10 per share Retail Allocation 10% Listing On NSE, BSE Angel Broking – Arihant Capital – AUM Capital – BP Wea...

• Adani Enterp. 2534.05 ↓ -10.30 (-0.40%) • Adani Ports 737.50 ↑ 10.65 (1.47%) • Apollo Hospitals 4640.45 ↑ 30.55 (0.66%) • Asian Paints 3137.40 ↑ 9.00 (0.29%) • Axis Bank 929.80 ↑ 2.85 (0.31%) • B P C L 361.70 ↓ -2.60 (-0.71%) • Bajaj Auto 4618.50 ↑ 2.55 (0.06%) • Bajaj Finance 6932.05 ↑ 27.55 (0.40%) • Bajaj Finserv 1449.55 ↑ 10.40 (0.72%) • Bharti Airtel 821.25 ↑ 3.30 (0.40%) • Britannia Inds. 4575.25 ↓ -20.95 (-0.46%) • Cipla 956.25 ↑ 4.90 (0.52%) • Coal India 246.10 ↑ 4.60 (1.90%) • Divi's Lab. 3477.85 ↓ -36.15 (-1.03%) • Dr Reddy's Labs 4556.25 ↑ 25.30 (0.56%) • Eicher Motors 3711.45 ↑ 21.10 (0.57%) • Grasim Inds 1713.30 ↑ 25.00 (1.48%) • H D F C 2690.55 ↑ 39.95 (1.51%) • HCL Technologies 1126.20 ↓ -13.00 (-1.14%) • HDFC Bank 1635.50 ↑ 19.70 (1.22%) • HDFC Life Insur. 579.05 ↑ 1.85 (0.32%) • Hero Motocorp 2776.90 ↑ 31.75 (1.16%) • Hind. Unilever 2650.30 ↓ -2.05 (-0.08%) • Hindalco Inds. 419.90 ↑ 6.35 (1.54%) • ICICI Bank 948.15 ↓ -2.55 (-0.27%) • IndusInd Bank 1284.95 ↑ 16.90 (1.33%) • Infosys 1314.40 ↓ -3.05 (-0.23%) • ITC 449.10 ↑ 5.50 (1.24%) • JSW Steel 702.20 ↑ 0.50 (0.07%) • Kotak Mah. Bank 1953.20 ↑ 8.15 (0.42%) • Larsen & Toubro 2224.55 ↑ 6.10 (0.27%) • M & M 1330.15 ↑ 48.30 (3.77%) • Maruti Suzuki 9333.50 ↓ -66.45 (-0.71%) • Nestle India 21729.45 ↑ 147.70 (0.68%) • NTPC 176.30 ↑ 1.80 (1.03%) • O N G C 159.00 ↓ -4.75 (-2.90%) • Power Grid Corpn 234.50 ↓ -2.80 (-1.18%) • Reliance Industr 2520.60 ↑ 14.10 (0.56%) • SBI Life Insuran 1218.10 ↑ 22.35 (1.87%) • St B...

Utkarsh SFB IPO description – Utkarsh Small Finance Bank is among the leading SFBs in terms of return on assets and had the highest return on equity among SFBs in India in FY2020. The bank is headquartered in Varanasi and its promoter started operations as a NBFC in FY2010, providing microfinance to unserved or underserved segments in the states of Uttar Pradesh and Bihar. The bank now has operations in 18 States and Union Territories with 528 Banking Outlets and 8,729 employees, as of 30 September 2020. As of 30 September 2020, 27.1% of its banking outlets were located in Unbanked Rural Centres (URCs) as against the regulatory requirement of 25%. As of 30 September 2020, the bank had 2.74 million customers (both deposit and credit) majorly located in rural and semi-urban areas primarily in the states of Bihar, Uttar Pradesh and Jharkhand. Its deposits grew at a CAGR of 54.5% from INR21,938.7 million in FY2018 to INR52,352.1 million as of FY2020. The total number of deposit customers, that include microbanking customers to whom the bank also offers JLG loans, stood at 0.54 million, as of 30 September 2020. Promoters of Utkarsh SFB – Utkarsh Coreinvest Limited Utkarsh SFB IPO details Subscription Dates Coming soon Price Band Coming soon Fresh issue INR750 crore Offer For Sale INR600 crore Total IPO size INR1,350 crore Minimum bid (lot size) Coming soon Face Value INR10 per share Retail Allocation 10% Listing On NSE, BSE Angel Broking – Arihant Capital – AUM Capital – BP Wea...

Utkarsh Small Finance Bank is a proud solitary Small Finance Bank from Varanasi. Established in 2009 with the mission to empower the low-income group financially, it has reached to new heights today. The objective of our bank is 'Ummeed' - giving hope to customers for fulfilling their dreams and needs. Over the years, we have extended our services to 112 Districts of 11 States. Today we boast a Customer Base of more than 15 Lakh satisfied customers with 400 Banking Outlets. In today's time where technology is reshaping the world, we aim to encourage people excluded from the formal banking sector until now to start banking with our affordable and accessible banking services. Our focus is to provide services that are process centric, technology enabled and people oriented resulting in reliable, scalable and sustainable institution facilitating socioeconomic change. We also have an initiative called Utkarsh Welfare Foundation which works in the areas of Financial Literacy and Inclusion apart from Health Initiatives. Our efforts have been acknowledged with Skoch (Gold) -2016 Award for Inclusive Insurance, CIMSME's MSME Banking Excellence Award, Mix STAR (Socially Transparent And Responsible) Award and Microfinance India Organisation of the Year (Small and Medium Category) Award in 2011. To help become the most trusted financial service provider, our honourable Prime Minister Narendra Modi launched Full Banking Services on 22nd September 2017.

Utkarsh SFB IPO description – Utkarsh Small Finance Bank is among the leading SFBs in terms of return on assets and had the highest return on equity among SFBs in India in FY2020. The bank is headquartered in Varanasi and its promoter started operations as a NBFC in FY2010, providing microfinance to unserved or underserved segments in the states of Uttar Pradesh and Bihar. The bank now has operations in 18 States and Union Territories with 528 Banking Outlets and 8,729 employees, as of 30 September 2020. As of 30 September 2020, 27.1% of its banking outlets were located in Unbanked Rural Centres (URCs) as against the regulatory requirement of 25%. As of 30 September 2020, the bank had 2.74 million customers (both deposit and credit) majorly located in rural and semi-urban areas primarily in the states of Bihar, Uttar Pradesh and Jharkhand. Its deposits grew at a CAGR of 54.5% from INR21,938.7 million in FY2018 to INR52,352.1 million as of FY2020. The total number of deposit customers, that include microbanking customers to whom the bank also offers JLG loans, stood at 0.54 million, as of 30 September 2020. Promoters of Utkarsh SFB – Utkarsh Coreinvest Limited Utkarsh SFB IPO details Subscription Dates Coming soon Price Band Coming soon Fresh issue INR750 crore Offer For Sale INR600 crore Total IPO size INR1,350 crore Minimum bid (lot size) Coming soon Face Value INR10 per share Retail Allocation 10% Listing On NSE, BSE Angel Broking – Arihant Capital – AUM Capital – BP Wea...

• Adani Enterp. 2643.00 ↑ 316.90 (13.62%) • Adani Ports 748.95 ↑ 19.25 (2.64%) • Apollo Hospitals 4602.55 ↓ -2.75 (-0.06%) • Asian Paints 3124.95 ↑ 40.05 (1.30%) • Axis Bank 918.90 ↑ 1.35 (0.15%) • B P C L 368.75 ↑ 7.15 (1.98%) • Bajaj Auto 4527.65 ↑ 4.40 (0.10%) • Bajaj Finance 6844.40 ↑ 51.35 (0.76%) • Bajaj Finserv 1444.10 ↑ 31.10 (2.20%) • Bharti Airtel 801.50 ↓ -0.35 (-0.04%) • Britannia Inds. 4511.85 ↑ 12.90 (0.29%) • Cipla 930.00 ↑ 5.05 (0.55%) • Coal India 239.00 ↑ 0.30 (0.13%) • Divi's Lab. 3405.30 ↑ 140.30 (4.30%) • Dr Reddy's Labs 4455.90 ↓ -1.75 (-0.04%) • Eicher Motors 3580.00 ↑ 34.55 (0.97%) • Grasim Inds 1702.05 ↓ -16.30 (-0.95%) • H D F C 2706.55 ↑ 1.80 (0.07%) • HCL Technologies 1125.05 ↑ 5.20 (0.46%) • HDFC Bank 1640.45 ↓ -0.60 (-0.04%) • HDFC Life Insur. 563.40 ↓ -3.60 (-0.63%) • Hero Motocorp 2699.85 ↑ 7.70 (0.29%) • Hind. Unilever 2634.60 ↓ -3.50 (-0.13%) • Hindalco Inds. 412.50 ↑ 4.80 (1.18%) • ICICI Bank 955.50 ↑ 5.15 (0.54%) • IndusInd Bank 1263.20 ↑ 17.05 (1.37%) • Infosys 1310.45 ↑ 17.65 (1.37%) • ITC 429.20 ↑ 4.45 (1.05%) • JSW Steel 709.85 ↑ 5.25 (0.75%) • Kotak Mah. Bank 1920.70 ↓ -19.50 (-1.01%) • Larsen & Toubro 2201.15 ↓ -15.45 (-0.70%) • M & M 1267.50 ↑ 1.95 (0.15%) • Maruti Suzuki 9204.00 ↑ 47.35 (0.52%) • Nestle India 21500.00 ↑ 5.20 (0.02%) • NTPC 175.00 ↑ 0.90 (0.52%) • O N G C 165.05 ↓ -0.55 (-0.33%) • Power Grid Corpn 235.25 ↑ 0.90 (0.38%) • Reliance Industr 2464.15 ↑ 9.15 (0.37%) • SBI Life Insuran 1164.25 ↑ 13.45 (1.17%) • St Bk of ...

Utkarsh SFB IPO description – Utkarsh Small Finance Bank is among the leading SFBs in terms of return on assets and had the highest return on equity among SFBs in India in FY2020. The bank is headquartered in Varanasi and its promoter started operations as a NBFC in FY2010, providing microfinance to unserved or underserved segments in the states of Uttar Pradesh and Bihar. The bank now has operations in 18 States and Union Territories with 528 Banking Outlets and 8,729 employees, as of 30 September 2020. As of 30 September 2020, 27.1% of its banking outlets were located in Unbanked Rural Centres (URCs) as against the regulatory requirement of 25%. As of 30 September 2020, the bank had 2.74 million customers (both deposit and credit) majorly located in rural and semi-urban areas primarily in the states of Bihar, Uttar Pradesh and Jharkhand. Its deposits grew at a CAGR of 54.5% from INR21,938.7 million in FY2018 to INR52,352.1 million as of FY2020. The total number of deposit customers, that include microbanking customers to whom the bank also offers JLG loans, stood at 0.54 million, as of 30 September 2020. Promoters of Utkarsh SFB – Utkarsh Coreinvest Limited Utkarsh SFB IPO details Subscription Dates Coming soon Price Band Coming soon Fresh issue INR750 crore Offer For Sale INR600 crore Total IPO size INR1,350 crore Minimum bid (lot size) Coming soon Face Value INR10 per share Retail Allocation 10% Listing On NSE, BSE Angel Broking – Arihant Capital – AUM Capital – BP Wea...