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Utkarsh Micro Finance Unlisted Shares

Pre-IPO 
Finance Company

About Company:

Utkarsh Micro Finance Ltd. is a promoting Institute for The Utkarsh Small Finance Bank. The Utkarsh Micro Finance Limited Company started its financial services in September 2009. And started to serves the Financial And Non-Financial Services in the areas of unbanked populations who have skills to do something but don’t Have Financial Support.

Company Overview

Utkarsh Small Finance Bank Limited (USFBL) was incorporated on April 30, 2016 as a public limited company under the Companies Act, 2013, USFBL commenced Banking operations on Jan 23, 2017 and has since spread its footprint consistently to include a customer base that covers the unserved and underserved segment across various States and UTs of India. ‘Utkarsh Small Finance Bank Limited’ which started its operations in September 2009 to provide financial and non-financial services in its area of operations to the unbanked population who had the skills but were in need of capital.


During FY 2016, the Reserve Bank of India granted a licence to Utkarsh Micro Finance for setting-up a ‘Small Finance Bank’, subsequently to which the company formed a subsidiary in the name of ‘Utkarsh Small Finance Bank Limited’.


The company transferred through a slum sale, all its assets and liabilities except certain statutory assets, vehicle and statutory liabilities standing as at the close of business hours on January 21, 2017 to its subsidiary, USFBL in line with the requirement of the licencing conditions for the Bank.

Promoter-Management

Name Designation

Mr. Puranam Ravikumar Independent Director & Non-Executive Chairman

Ms. Anita Ramachandran Nominee Director

Mr. Govindasamy Sampath Kumar Nominee Director

Mr. Kajal Ghose Independent Director

Ms. Kalpana Prakash Pandey Independent Director

Mr. Nagesh Dinkar Pinge Independent Director

Mr. Muralidharan Rajamani Non-Executive Director

Mr. Ajay Kumar Kapur Independent Director

Mr. Govind Singh Managing Director & CEO

Shareholders Pattern

Category of shareholder No. of shares Holding (in %)

CDC Group PLC 1,37,26,978 14.12

Banks/Institutions 22,931,610 23.58

Non-Institutional 29,061,399 29.8

Other 31,481,799 32.50

Total outstanding shares 9,72,01,786 100

Annual Reports


Utkarsh Annual Report 2020-21
.pdf
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Utkarsh Annual Report 2019-20
.pdf
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Investing Opportunities

Total income of Rs 1,725.14 Crore in FY 2020-21, compared to Rs 1,406.24 Crore in FY 2019-20, clocking a year-on-year growth of 22.68% on the back of an increasing gross loan portfolio and increase in deposits. Further, the operating profit of the Bank stood at Rs 438.34 Crore in FY 2020-21 compared to Rs 350.30 Crore in FY 2019-20, clocking a year-on year growth of 25.13%.


During the FY 2020-21, we filed for DRHP, which comprises a fresh issue of equity shares of ` 750 Crore, and an offer for sale of ` 600 Crore by our promoter company Utkarsh CoreInvest Limited (UCL).


The touch points between the Bank and its clients were increased through digital and technological tools to understand and manage the situation optimally.

Frequently Asked Questions