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| 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. |
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| Issue Open Date | Issue Closing Date | Application Money | Allotment Money |
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| 12/07/2023 | 14/07/2023 | 25.00 | - |
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Lead Managers
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Registrar
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Listed at
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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
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| Object of the issue |
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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. |
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| Promoted by |
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Utkarsh CoreInvest Limited (formerly known as Utkarsh Micro Finance Limited) is the sole Promoter of the Bank. |
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