Utkarsh Small Finance Bank Rights Issue dates 24 October – 3 November 2025.
Utkarsh Small Finance Bank (USFB), headquartered in Varanasi, is a scheduled commercial bank with a strong rural and semi-urban focus. As of 31 March 2025, its Gross Loan Portfolio stood at INR 19,665.59 crore, rising to INR 19,224.04 crore by 30 June 2025. With 1,099 outlets across 23 states and four union territories, 69.9% of its branches are micro-banking (MB) outlets, primarily catering to underserved rural communities. Notably, 27% of branches are in Unbanked Rural Centres, exceeding the RBI’s 25% requirement.
The Bank has diversified beyond microfinance, with Non-Micro Banking Lending (NMBL) forming 52.77% of its loan portfolio by June 2025, up from 39.42% a year earlier. Key NMBL products include MSME loans, housing loans, vehicle and equipment finance, wholesale lending, and loans via business correspondents (BCs). Supported by 19,871 employees and over 0.51 crore customers, USFB leverages technology-enabled onboarding and digital banking solutions.
Promoters of Utkarsh Small Finance Bank – Utkarsh Coreinvest Limited
Table of Contents
Utkarsh Small Finance Bank Rights Issue Details
| Utkarsh Small Finance Bank Rights Issue Date | 24 October – 3 November 2025 |
| Utkarsh Small Finance Bank Rights Issue Price | INR 14 per share |
| Issue Size (in Shares) | 67,79,13,784 shares |
| Issue Size (in INR) | INR 949.08 crore |
| Issue Entitlement | 8 equity shares for every 13 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Utkarsh Small Finance Bank Rights Issue Record Date | 14 October 2025 |
| Face Value | INR 10 per share |
| Listing On | BSE, NSE |
Utkarsh Small Finance Bank Rights Issue Calculation
| Utkarsh Small Finance Bank Rights Issue Price | INR 14 per share |
| Market Price on Rights Issue Approval | INR 22.42 per share |
| Dilution Factor (X) | 1.62 |
| Fair Value After Dilution at Prevailing Price | INR 19.21 per share |
Utkarsh Small Finance Bank Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 2,505 | 3,178 | 3,765 |
| Expenses | 1,234 | 1,561 | 2,518 |
| Financing Margin (%) | 12.0 | 10.0 | (13.0) |
| Net Income | 404 | 498 | 28 |
| ROE (%) | 23.0 | 20.0 | 1.0 |
Utkarsh Small Finance Bank Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Augmentation of capital
- Funding of General corporate purposes
Utkarsh Small Finance Bank Rights Offer Documents
- Utkarsh Small Finance Bank Rights Issue Application Form
- Utkarsh Small Finance Bank Letter of Offer
- Board Meeting Outcome
- Utkarsh Small Finance Bank Draft Letter of Offer
- Rights Issue in 2024
Utkarsh Small Finance Bank Rights Issue Dates
| Rights Issue Approval Date | 8 October 2025 |
| Rights Issue Record Date | 14 October 2025 |
| Credit of Rights Entitlement | 15 October 2025 |
| Rights Issue Opening Date | 24 October 2025 |
| Last Date for Market Renunciation | 31 October 2025 |
| Rights Issue Closing Date | 3 November 2025 |
| Finalization of Basis of Allotment | 4 November 2025 |
| Rights Allotment Date | 4 November 2025 |
| Credit Date | 6 November 2025 |
| Listing Date | 7 November 2025 |
Utkarsh Small Finance Bank Rights Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Utkarsh Small Finance Bank Contact Details
UTKARSH SMALL FINANCE BANK LIMITED
Utkarsh Tower, NH – 31 (Airport
Road), Sehmalpur, Kazi Sarai, Harhua,
Varanasi 221 105, Uttar Pradesh
Phone: +91 542 660 5555
Email: [email protected]
Website: www.utkarsh.bank
Utkarsh Small Finance Bank Rights Offer FAQs
What is the Utkarsh Small Finance Bank Rights Issue Price?
The issue price is INR 14 per share.
What is the Utkarsh Small Finance Bank Rights Issue entitlement ratio?
The eligible shareholders are offered 8 equity shares for every 13 equity shares held on the record date.
What is the Utkarsh Small Finance Bank Rights Issue Record Date?
The Record date is 14 October 2025.
How to Apply in Utkarsh Small Finance Bank Rights Offer?
The best way to apply in Utkarsh Small Finance Bank Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.