Utkarsh Small Finance Bank lists with 59.8% premium on the BSE
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Utkarsh Small Finance Bank has debuted at Rs 39.95 on the BSE, up by 14.95 points or 59.8% from its issue price of Rs 25.
The scrip is currently trading at Rs 47.94, up by 22.94 points or 91.76% from its issue price. It has touched a high and low of Rs 47.94 and Rs 37.25 respectively. So far 150.48 lakh shares were traded on the counter.
The offering, which was open for subscription between July 12, 2023 and July 14, 2023 was subscribed 101.91 times. The issue price was fixed at Rs 25 per share i.e. at upper end of price band of Rs 23-25 apiece.
Utkarsh Small Finance Bank is an SFB (Small Finance Bank) in India.
