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Utkarsh Small Finance Bank (SFB) rallied 17 per cent to hit a new high of Rs 56.30 on the BSE in Monday's intra-day trade, extending gains from its strong market debut on Friday
'During the last six years, we have created new verticals like MSME, affordable housing, and small corporates'
Sold 102 times, attracts bids over Rs 30,000 cr as institutional portion is subscribed 125x
Netweb Technologies India, a high-end computing solutions provider, has set Rs 475-500 as the price band for its maiden share sale
The lender may consider issue of securities aggregating up to Rs 100 crore in a pre-IPO placement round
Five small finance banks, including Equitas SFB, are due for listing by 2021
Prospectus and other necessary documents likely to be filed with Sebi by next April, firm has till April 2021 to get listed
The new SFB will be named as 'Utkarsh Small Finance Bank Ltd' and is likely to start banking operations in early 2017