Utkarsh Small Finance Bank to Raise Up To ₹950 Crore Via Rights Issue; Share Price in Focus

Utkarsh Small Finance Bank has approved a rights issue upto ₹950 crore (₹9,49,07,92,976/-), the company said in a regulatory filing following its board meeting held on October 8, 2025. 

The rights issue will offer 67.79 crore (67,79,13,784) fully paid-up equity shares with a face value of ₹10 each, priced at ₹14 per share, including a premium of ₹4. The entire issue amount will be payable at the time of application.

Issue Details and Entitlement Terms

The bank has fixed October 14, 2025, as the record date to determine eligible shareholders entitled to apply for the issue. Each eligible shareholder will receive rights entitlements based on their existing holdings, with fractional entitlements rounded off as per the applicable rules.

The rights entitlements will be credited to shareholders’ demat accounts through NSDL and CDSL, and the ISIN details for the entitlement will be announced separately. Trading of these rights entitlements (REs) will close on October 28, 2025, for on-market renunciations, and on October 31, 2025, for off-market renunciations.

The rights issue will open on Friday, October 24, 2025, and close on Monday, November 3.

Advisors and Objective

DAM Capital Advisors Limited has been appointed as the lead advisor, while IndusLaw will serve as legal counsel for the transaction. The rights issue aims to augment the bank’s Tier-I capital and support its ongoing business expansion and lending operations.

Read More: PhonePe Partners with Utkarsh Small Finance Bank to Launch FD-Backed Wish Credit Card.

Utkarsh Small Finance Bank Share Price Performance 

As of October 08, 2025, at 10:16 AM, Utkarsh Small Finance Bank Share price is trading at ₹22.66 per share, reflecting a surge of 3.94% from the previous closing price.

Conclusion

With this rights issue, Utkarsh Small Finance Bank seeks to strengthen its capital position and maintain regulatory compliance while fueling future growth. The offer underscores the bank’s focus on long-term sustainability and its commitment to inclusive financial expansion across India.

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