Sign in

Utkarsh Small Finance Bank IPO: Allotment status declared, use PAN to check online

The 500-crore offering was open for subscription from July 12-14, and got oversubscribed by 102 times.

Published on: Jul 19, 2023, 09:44:49 IST
By , New Delhi
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

The allotment status of the initial public offering (IPO) of Utkarsh Small Finance Bank was released on Wednesday. Bidders can, therefore, now check if their bids for the lender's public offering made the cut on the official website of the Bombay Stock Exchange (BSE) or KFin Technologies, the official registrar for the IPO.

Representational Image
Representational Image

How to check allotment status on BSE website?

(1.) Visit bseindia.com, click on ‘Investors’ and select ‘Investor Services.’

(2.) In the dropdown menu, click on ‘Status of Issue Application.’

(3.) Now, go to ‘Application Status Check’; the ‘Status of Issue Application’ page should open in a new tab.

(4.) For issue type and name, select ‘Equity’ and ‘Utkarsh Small Finance Bank Limited’ respectively.

(5.) Enter your Permanent Account Number (PAN), pass the bot verification, and click on ‘Search.’

(6.) The status should reflect on the screen.

How to check allotment status on KFin Technologies website, using PAN?

(1.) Go to kosmic.kfintech.com/ipostatus/

(2.) Select ‘Utkarsh Small Finance Bank’ IPO followed by the option to use PAN to check allotment status.

(3.) Enter your PAN, the captcha code, and hit ‘Submit.’

(4.) The IPO status will appear on the screen.

Utkarsh Small Finance Bank IPO listing date

The expected date for this is July 24. The shares are likely to be listed on both BSE and NSE (National Stock Exchange).

Utkarsh Small Finance Bank IPO

An entirely fresh issue, the offering is worth 500 crore, and was available for subscription from July 12 to 14. According to the data available, it got oversubscribed by almost 102 (101.91 times).

  • HT News Desk
    ABOUT THE AUTHOR
    HT News Desk

    Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More