Utkarsh Small Finance Bank IPO

Utkarsh Small Finance Bank IPO is launched on 12th July

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Utkarsh Small Finance Bank IPO Utkarash Small Finance Bank ( USFB) had planned to launch ₹500 crore through an IPO, which will open on July 12 and close on July 14.

Utkarsh Small Finance Bank IPO-in details

Utkarsh Small Finance Bank IPO is all float to launch their IPO which will be 2nd initial public offering to be launched this month after Senco Gold offering. With the  Rs 222.75 crore from 20 anchor investors, the company is finalised to allocate 8.91 equity shares to anchor investors, with the upper price band of Rs 25 per share. It will be open on July 12 and bid to be closed on July 14th

Utkarsh Small Finance Bank IPO

Is it good to buy Utkarsh Small Finance Bank IPO?

 Utkarsh Small Finance Bank has a strong track record of growth and profitability, and it is well-positioned to benefit from the growth in the microfinance sector. Angel One: Angel One has given a “buy” rating to the IPO, with a price target of Rs 28 per share

What is the size of Utkarsh IPO?

The size of Utkarsh IPO is Rs 500 cr

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