₹949.08 Crores | Listing at BSE, NSE | Fri, Oct 24, 2025 - Mon, Nov 3, 2025
Utkarsh Small Finance Bank Limited Rights Issue comprises 67.79 Cr equity shares aggregating to ₹949.08 Cr, offered at an issue price of ₹14 per share with a face value of ₹10 per share.
The record date for determining eligible shareholder is Oct 14, 2025, with the Rights Issue being offered in the entitlement ratio of 8 : 13.
The term of payment is defined as following : ₹14 per Rights Equity Share shall be payable on Application.
The Rights Entitlements are expected to be credited to eligible demat accounts on Nov 4, 2025.
The Rights Issue opens on Oct 24, 2025, and closes on Nov 3, 2025, with renunciation of Rights Entitlements permitted up to Oct 28, 2025.
The deemed date of allotment is Nov 4, 2025, following which the equity shares are expected to be credited to demat accounts on Nov 6, 2025 and listed at the NSE and the BSE on Nov 7, 2025.
Kfin Technologies Ltd. is the Registrar to the Issue.
Investors are advised to refer to the Utkarsh Small Finance Bank Limited Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.
Record Date
Tue, Oct 14, 2025
Entitlement Ratio
8 : 13
Open Date
Fri, Oct 24, 2025
Close Date
Mon, Nov 3, 2025
₹14 per Rights Equity Share shall be payable on Application.
Utkarsh Small Finance Bank Limited's revenue increased by 22% and profit after tax (PAT) dropped by 95% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
| Total Income | 4,364.76 | 3,578.76 |
| Profit After Tax | 23.70 | 497.63 |
| Amount in ₹ Crore | ||
Utkarsh Small Finance Bank, Incorporated April 30, 2016, began operations January 23, 2017. Headquartered in Varanasi, its mission is to serve un- and under-banked rural/semi-urban India.
Its lending includes microfinance via the Joint Liability Group model, MSME loans, housing, personal, commercial vehicle & construction equipment loans, wholesale lending. Deposit, savings, current & term accounts complement product mix.
Network spans 26 states & union territories, ~888 banking outlets including micro-branches & URCs; uses digital services like mobile/internet banking, digi-onboarding, UPI, many micro-ATMs for reach & inclusion.
The company intends to utilize the Net Proceeds from the Issue towards:
[Dilip Davda] USFBL is engaged in financial services as a scheduled commercial bank. Its net margins are eroded in the recent financials for FY25 and posted a loss for Q1 of FY26, that raises concern. It is operating in a highly competitive and fragmented segment. Based on its recent financial data, the RI appears fully priced even with a discount of around 23%. Well-informed/cash surplus investors may park moderate funds for long term. Read detail review...
Utkarsh Small Finance Bank Rights Issue 2025 got oversubscribed by 1.37 times by the end of the bidding period with total bid quantity received by BSE and NSE of 92,65,88,570 shares. Check Day by Day Subscription Details (Live Status)
| Date | BSE Bid Quantity | NSE Bid Quantity | Total Bid Quantity | Subscription Times |
|---|---|---|---|---|
Nov 03 2025 17:00:00 | 56,67,17,444 | 35,98,71,126 | 92,65,88,570 | 1.37x |
Utkarsh Small Finance Bank Limited
Utkarsh Tower,
NH - 31 (Airport Road),
Sehmalpur, Kazi Sarai, Harhua,
Varanasi, 221105
The Utkarsh Small Finance Bank Rights Issue 2025 opens on Fri, Oct 24, 2025, and closes on Mon, Nov 3, 2025.
Utkarsh Small Finance Bank Rights Issue 2025 Schedule
| Last Date for credit of Rights Entitlements | Fri, Oct 31, 2025 |
| Last Date for renunciation of Rights Entitlements | Tue, Oct 28, 2025 |
| Issue Opening Date | Fri, Oct 24, 2025 |
| Issue Closing Date | Mon, Nov 3, 2025 |
| Date of Allotment (on or about) | Tue, Nov 4, 2025 |
| Date of Credit (on or about) | Thu, Nov 6, 2025 |
| Date of Listing (on or about) | Fri, Nov 7, 2025 |
You can apply for Utkarsh Small Finance Bank Rights Issue 2025 in two ways:
Steps to apply for Utkarsh Small Finance Bank Rights Issue 2025 using Net Banking (ASBA)
Steps to apply for Utkarsh Small Finance Bank Rights Issue 2025 using Registrar's website (R-WAP)
