CALCULATE YOUR SIP RETURNS

Utkarsh Small Finance Bank Rights Issue Opens Tomorrow, Oct 24: What Investors Should Know?

Written by: Nikitha DeviUpdated on: 23 Oct 2025, 2:04 pm IST
Utkarsh Small Finance Bank’s rights issue opens tomorrow on October 24, 2025; only eligible shareholders can apply to subscribe.
Utkarsh Small Finance Bank Rights Issue
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Utkarsh Small Finance Bank has announced a rights issue to raise up to ₹950 crore. The issue offers fully paid-up equity shares of ₹10 each at a price of ₹14 per share, including a premium of ₹4. The entire amount is payable at the time of application. This rights issue is intended to strengthen the bank’s capital base and support its future growth plans.

Eligibility to Apply

The record date for determining eligible shareholders was Tuesday, October 14, 2025. Only those shareholders who hold shares on this date will have the right to subscribe to the rights issue. If you buy shares now, after the record date, you will not be eligible to apply for the rights shares, as eligibility is based on the shareholder list as of the record date.

Rights Issue Schedule

The issue opens on Friday, October 24, 2025, and the last date for on-market renunciation is Tuesday, October 28, 2025. Off-market renunciation can be done until Friday, October 31, 2025, and the rights issue will close on Monday, November 3, 2025. The Board reserves the right to extend the closing date by up to 30 days from the issue opening date.

Also ReadPhonePe Partners with Utkarsh Small Finance Bank!

Conclusion

Investors should note that to be eligible for Utkarsh Small Finance Bank’s rights issue, they must already be shareholders on the record date of October 14, 2025. Buying shares after this date will not grant subscription rights. Eligible shareholders can apply for the rights shares during the issue period and receive them in their demat accounts once allotted.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 23, 2025, 8:10 AM IST

Nikitha Devi

Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers