Utkarsh Small Finance Bank IPO Subscription Status
Utkarsh Small Finance Bank IPO was subscribed 110.77 times when bidding closed on 14 Jul 2023: QIB 135.71x, NII 88.74x, Retail 78.38x.
The Utkarsh Small Finance Bank IPO has been subscribed 110.77x times overall. Retail investors have shown interest with bids for 78.38x the shares available. The Non-Institutional Investor (NII) category has been subscribed 88.74x. Within NII, Big HNI (B-HNI) subscribed 91.83x and Small HNI (S-HNI) subscribed 82.57x. Qualified Institutional Buyers (QIBs) have subscribed 135.71x. Data last updated on 10 Nov, 11:53 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 12 Jul, 2023 and closes on 14 Jul, 2023. The shares are expected to list on stock exchanges on 21 Jul, 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 135.71x |
| NII | - of - - | 88.74x |
bHNI — bid amount above ₹10 Lakh |
- - | 91.83 |
sHNI — bid amount ₹2–10 Lakh |
- - | 82.57 |
| Retail | - of - - | 78.38x |
| Employee | - of - - | 18.02x |
| TOTAL | - - | 110.77x |
Utkarsh Small Finance Bank IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 79 applicants will be successful.
Market Sentiment
Strong grey market premium of 60% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 135.71x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
14 Jul 2023
Day 3 |
110.77x | ▼ | |
|
QIB135.71x
BHNI91.83x
SHNI82.57x
Retail78.38x
Employee18.02x
|
|||
|
13 Jul 2023
Day 2 |
16.19x | ▼ | |
|
QIB3.88x
BHNI25.78x
SHNI31.54x
Retail36.63x
Employee8.48x
|
|||
|
12 Jul 2023
Day 1 |
4.73x | ▼ | |
|
QIB0.04x
BHNI7.49x
SHNI9.76x
Retail13.73x
Employee2.73x
|
|||
Utkarsh Small Finance Bank IPO dates
From the bidding window to listing. Today is 11 November.
- Open 12 Jul 2023
- Close 14 Jul 2023
- Allotment 19 Jul 2023
- Refund/credit 20 Jul 2023
- Listing 21 Jul 2023
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Utkarsh Small Finance Bank IPO?
As of IPO close date (14 Jul, 2023), the Utkarsh Small Finance Bank IPO is subscribed 110.77x times. Retail category is 78.38x, and NII is 88.74x subscribed.
When is the allotment date for Utkarsh Small Finance Bank IPO?
The allotment for Utkarsh Small Finance Bank IPO is expected to be finalized on 19 July, 2023.
What is the GMP of Utkarsh Small Finance Bank?
The Grey Market Premium (GMP) for Utkarsh Small Finance Bank is currently ₹15, indicating a potential listing gain of 60%.
When will Utkarsh Small Finance Bank IPO list on the stock market?
Utkarsh Small Finance Bank is scheduled to list on BSE and NSE on 21 July, 2023.
What are the chances of getting allotment in Utkarsh Small Finance Bank IPO?
The retail category is oversubscribed at 78.38x, meaning allotment is by lottery. Statistically, approximately 1 in 79 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 135.71x mean for Utkarsh Small Finance Bank IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 135.71x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Utkarsh Small Finance Bank IPO allotment status?
After the allotment date (19 Jul, 2023), you can check your Utkarsh Small Finance Bank IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Utkarsh Small Finance Bank IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
