Utkarsh Small Finance Bank IPO — Listing Performance
Utkarsh Small Finance Bank IPO facts & figures
| Issue category | Mainboard |
|---|---|
| Issue open date | 12 Jul 2023 |
| Listing date | 21 Jul 2023 |
| Issue price | ₹25 |
| Listing-day close | ₹48 (92%) |
| Recent market price | ₹14.52 (-41.92% vs issue) |
| 52-week range | ₹10.22 – ₹48.50 |
| Identifiers | NSE: UTKARSHBNK · ISIN: INE735W01017 |
How the listing went
Utkarsh Small Finance Bank delivered a blockbuster debut, closing its first session 92% above the issue price.
Utkarsh Small Finance Bank against every other debut on record
- Rank in 2023: 19 of 172 NSE debuts, on a 92% first-day close.
- 96th percentile of 56 mainboard debuts in 2023 (median 21.06%).
- 2nd of 15 debuts in July 2023.
- Opened 60% above issue, then added 32 points to the close.
- Day-one range ₹37.20 to ₹48: a 43.2% swing on the issue price.
- Last close ₹14.52 (11 Sep 2026): 41.92% below issue, against 92% on day one.
- 11% up its 52-week range of ₹10.22 to ₹48.50.
- Priced at the top of the ₹23 to ₹25 band.
- Listed 7 calendar days after close.
- All 508 mainboard debuts on record: median 12.01%, 72% closed above issue.
Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources