IPOs: Some Made A Killing, Others Got Butchered
While some listings fetched mouth-watering gains for investors, others lost their pants.
utkarsh small finance bank
January 2024
July 2023
Utkarsh Small Finance Bank shares list at 60% premium over IPO price
The IPO of Varanasi-based small finance bank was subscribed 102 times, the second highest this year after Ideaforge Technologies that was booked 106 times
Utkarsh SFB IPO subscribed 102% times on final day; retail quota booked 71 times
The quota reserved for QIBs was booked nearly 125 times, while the non-institutional investors (NIIs) category was subscribed 81.6 times.
Utkarsh Small Finance Bank IPO opens today: here’s all you need to know
The Varanasi-based small finance bank has set the price band at ₹23-25 per share and plans to raise ₹500 crore at the upper end of the issue price.
