Utkarsh Small Finance Bank (USFB) is set to open its rights issue on Friday, October 24, 2025, to raise up to ₹950 crore. The issue aims to boost the bank’s capital adequacy and fund its expansion plans, reinforcing its financial position for future growth.
Under the rights issue, the bank will offer fully paid-up equity shares with a face value of ₹10 each, priced at ₹14 per share (including a ₹4 premium). The entire amount must be paid at the time of application.
Eligibility Criteria
Investors who were shareholders of Utkarsh Small Finance Bank as of the **record date—October 14, 2025—**are eligible to participate. Only those holding shares on this date can subscribe to the issue. Investors purchasing shares after the record date will not be entitled to apply for rights shares.
Issue Timeline
- Issue Opens: Friday, October 24, 2025
- Last Date for On-Market Renunciation: Tuesday, October 28, 2025
- Last Date for Off-Market Renunciation: Friday, October 31, 2025
- Issue Closes: Monday, November 3, 2025
The bank’s board retains the discretion to extend the closing date by up to 30 days from the issue opening date, if required.
Summary
Utkarsh Small Finance Bank’s upcoming rights issue provides existing shareholders an opportunity to increase their stake at a discounted price of ₹14 per share. The ₹950-crore fundraising initiative is designed to enhance the bank’s capital strength and fuel its growth trajectory in the coming quarters.
Disclaimer:
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