09 Oct 2025 | 3 Mins Read

Utkarsh Bank Offers Rs 950-cr Rights Issue at Discount

Flipitmoney

Utkarsh Small Finance Bank set its Rs 950 crore rights issue price at Rs 14 per share, a 37.5% discount to its closing price. The bank will issue 68 crore equity shares and has fixed a record date on October 14. 17.94% of shares are held by small investors, with promoters and institutional investors holding 68.92% and 13.14% respectively.