Utkarsh Tower, NH - 31 (Airport Road), Sehmalpur, Kazi Sarai, Har Varanasi, Uttar Pradesh - 221105
Phone: 6605555

Public Issue of 200000000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 15.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
12/07/202314/07/202325.00 -
Lead Managers Registrar Listed at
ICICI SECURITIES LTD
KOTAK MAHINDRA CAPITAL COMPANY LTD
KFIN Technologies Pvt. Ltd.
Karvy Selenium, Tower B,
Plot No. 31 & 31, Gachibowli,, Financial District, Nanakramguda,
Ranga Reddy District, Telangana - 500032
Phone: 67162222 Fax: 23431551
BSE
NSE
Object of the issue

The Net Proceeds are proposed to be utilised towards augmentation of the Bank’s Tier-I capital base to meet the Bank’s future capital requirements which are expected to arise out of growth in the Bank’s assets, primarily the Bank’s loans/advances and investment portfolio and to ensure compliance with regulatory requirements on capital adequacy prescribed by the RBI from time to time.

Promoted by

Utkarsh CoreInvest Limited (formerly known as Utkarsh Micro Finance Limited) is the sole Promoter of the Bank.