Utkarsh Coreinvest Limited
+100 % 1 M
Utkarsh Coreinvest Limited
+100 %As of April 24, 2025, Utkarsh Coreinvest Limited share price is INR 275.00 per share and the face value is INR 0 per share. The lot size of Utkarsh Coreinvest Limited is 0 shares. The 52 week high for Utkarsh Coreinvest Limited is INR 275.00, while the 52 week low is INR 275.00
About Utkarsh Coreinvest Limited
A Comprehensive Overview of Price & Journey
Understanding Utkarsh Coreinvest Limited Inception and Growth
Overview
Utkarsh CoreInvest Limited (erstwhile Utkarsh Micro Finance Limited) is the promoting institution for ‘Utkarsh Small Finance Bank Limited’. In September 2009, Utkarsh Micro Finance Limited started its operations 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.
The company started with credit under the Joint Liability Group (JLG) model in FY 2009. Subsequently, it added Micro Enterprise Loans (MEL), Housing Loans and Micro Pension Products to its product bouquet. During FY 2016, the Reserve Bank of India granted a license 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”
Utkarsh Coreinvest has seen high demand from investors, especially concerning its unlisted share price. The Utkarsh CoreInvest share price today is under close observation by market participants, hoping to find out more about the future of the company. There is increased speculation about the company’s potential Utkarsh CoreInvest IPO, as many are guessing when it will eventually list and what the Utkarsh CoreInvest share price will be when it comes into the public market.
Business Snapshot
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Products: The company provides a range of loan products including microfinance loans, personal and business loans, housing loans, gold loans, and vehicle loans.
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Strong Deposit Base: The deposit base of the Bank reached ₹17,473 Crore with a growth of 27.44%.
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Expansive Branch Network: The company extends its outreach in 26 states and Union Territories having an expanded network of 888 branches across the country, bringing more than 45 lakh customers into its fold.
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Micro-Banking and General Banking: The Company’s network includes 579 micro-banking branches and 251 general banking branches, catering to diverse customer needs.
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Gross Loan Portfolio: Loan book has grown by 31.11% to 18,299 crore during FY 2023-24 through 888 Banking Outlets 320 ATMs and 612 micro ATMs pan India, spread over 224 Districts of 22 States and 4 Union Territories, delivered by over 16,000 employee base.
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Commitment to Expansion: Company Opened over 58 new branches during FY23 and FY24.
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Rural and Semi-Urban Focus: Approximately 27.35% of branches are in unbanked areas, promoting financial inclusion.
Board of Directors
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Mr. G. S. Sundararajan, Chairperson, Independent Director
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Mr. Atul, Independent Director
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Mr. Aditya Deepak Parekh, Nominee Director
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Mr. Gaurav Malhotra, Nominee Director
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Mr. Harjeet Toor, Nominee Director
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Mr. T. K. Ramesh Ramanathan, Nominee Director
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Mr. Ashwani Kumar, Managing Director & CEO
Subsidiaries
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Utkarsh Small Finance Bank Limited
Dividend Details
The Directors have not recommended any Dividend for this financial year ended March 31, 2023.
Listing Status
Company filed its DRHP on July 2022.
About Utkarsh Coreinvest Limited
IPO Details, Price movement
Awards and Recognition
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Recognized as Microfinance India Organization of the Year (Small and Medium Category) in 2012.
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Honoured with the Mix STAR (Socially Transparent And Responsible) Award in 2013.
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Received the MF Transparency Seal of Pricing Transparency Award.
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Acknowledged with CIMSME’s MSME Banking Excellence Award in 2015.
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Awarded the MFIN Awards in 2018 for the “Effective Grievance Redressal Systems” category. Received the “Social Impact Initiatives Award” at the 5th Eastern India Microfinance Summit in 2019.
Event
The Board of Directors of UCL on February 13, 2024, whereby UCL has proposed to initiate steps in furtherance of a proposed reverse merger (‘Proposed Merger’) of UCL with the Bank, subject to receipt of requisite corporate, regulatory and statutory approvals and any other approvals as may be applicable, by each of UCL and the Bank. The proposal of evaluating reverse merger would be in the direction of fulfilling the regulatory stipulation emanating from Reserve Bank of India Guidelines on Acquisition and Holding of Shares or Voting Rights in Banking Companies dated January 16, 2023, required to dilute the Promoter shareholding to 26 per cent within 15 years from the date of commencement of banking business.
Registered Office
The Registered office of the company is in Varanasi, Uttar Pradesh, India.
Performance Highlights for the FY 2022-24
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Deposits and gross loan portfolio increased by over 30%,
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Total income surged by nearly 15%, which is not that bad.
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Profit after tax declined by over 40% to INR 329.8 crore in FY24 from INR 553.8 crore in FY23.
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The Revenue from operations for the company in FY24 was Rs. 3140 Crores compared to the previous year in FY23, which stood at Rs. 2745 Crores, so there is an increase in revenue, which means an increase in demand for the company's products.
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More than 90% of the income comes from the interest, which stood at Rs. 3093 Crores in FY24 compared to the previous year of Rs. 2723 Crores.
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The Profit before tax was Rs. 438.4 in FY24 Crores compared to the previous year's Rs 731.4 crore in FY23.
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The company received a cash inflow of Rs. 211 Crores through operating activities and Rs. 516 Crores through financing activities.
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The company spent the cash on investing activities of Rs. 393 Crores.
Fundamentals
Financials
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Total Expense | - | - | - | - |
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D&A | - | - | - | - |
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Interest Expense | - | - | - | - |
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PAT | - | - | - | - |
Diluted EPS | - | - | - | - |
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Total income | 0.00 | 0.00 | 0.00 | 0.00 |
ASSETS
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Cash and Cash Equivalents | - | - | - | - |
Trade Payables | - | - | - | - |
Inventory | - | - | - | - |
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Total Current Assets | 0.00 | 0.00 | 0.00 | 0.00 |
NON CURRENT ASSETS | - | - | - | - |
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Plant Property and Equipment | - | - | - | - |
Long Term Investment | - | - | - | - |
Other Non Current Assets | - | - | - | - |
TOTOAL NON CURRENT ASSSETS | 0.00 | 0.00 | 0.00 | 0.00 |
Total Assets | 0.00 | 0.00 | 0.00 | 0.00 |
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CURRENT LIABILITES | - | - | - | - |
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TRADW Payable | - | - | - | - |
Other Current Liab | - | - | - | - |
Total Current Liab | 0.00 | 0.00 | 0.00 | 0.00 |
NON CURRENTLIABILITIES | - | - | - | - |
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Long Term Debt | - | - | - | - |
Deffered Tax Liab | - | - | - | - |
Other Non Current Liab | - | - | - | - |
LIABILITIES
EQUITY | - | - | - | - |
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Share Capital | - | - | - | - |
Reserves And Surplus | - | - | - | - |
Other Equity | - | - | - | - |
Retained Earnings | - | - | - | - |
share Equity | 0.00 | 0.00 | 0.00 | 0.00 |
Total Liabilities | 0.00 | 0.00 | 0.00 | 0.00 |
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CASH FLOW STAT | - | - | - | - |
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Cash Flow from operating | - | - | - | - |
Cash Flow from financing | - | - | - | - |
Cash Flow from investing | - | - | - | - |
Net cash flow | 0.00 | 0.00 | 0.00 | 0.00 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Shareholding Pattern
2025
Name | Designation | Share % |
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Events
Name | Date | Details |
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No events available. |
Promoters or Management
Name | Designation | Linkedin Profile | |
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No promoters available. |
Frequently Asked Questions
- Please find below the procedure for buying Utkarsh Coreinvest Limited/Pre-IPO shares at Bharat Invest.
- You confirm booking of Utkarsh Coreinvest Limited/Pre-IPO shares with us at a specified price.
- You have to provide your client master report along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
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- No cash deposit is accepted
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- Please find below the procedure for selling Utkarsh Coreinvest Limited/Pre-IPO shares at Bharat Invest.
- We will confirm our buying price of Utkarsh Coreinvest Limited/Pre-IPO shares.
- We will give you our client master report and you will transfer the Utkarsh Coreinvest Limited. Unlisted Shares/Pre-IPO shares to our demat account.
- We will transfer the funds in your bank account within 24 hours of receiving the Utkarsh Coreinvest Limited/Pre-IPO shares.
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- Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify.
- You can contact us through any medium for a detailed discussion.
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
- With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
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- A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares.
- If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
- If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
- After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
- Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.
- Yes, bharat invest is a trustable and reliable source to invest in Utkarsh Coreinvest Limited unlisted shares.