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Utkarsh Small Finance Bank IPO opens tomorrow: 10 things to know before buying the issue

Utkarsh Small Finance Bank is available at more than 50 percent premium in the grey market, analysts said on anonymity. ....

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utkarsh small finance bank ipo news: Utkarsh SFB fifth bank in category to be listed on bourses

Utkarsh Small Finance Bank, the fifth small finance bank to be listed, has launched an initial public offer of INR5bn ($66m). The funding will enable the bank to expand its business over the next two years, according to managing director Govind Singh. The shares are priced at between INR23 and INR25, with a face value of INR10. Jana and Fincare are among other small finance banks looking to raise equity via a public offering. ....

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