Utkarsh Small Finance Bank plans non-convertible debentures (NCDs)
Utkarsh Small Finance Bank (UTKARSHBNK) said it has taken up non-convertible debentures (NCDs). The company is valued at about ₹2,164 crore.
What happened
In a filing with the BSE on 3 November 2026 at 09:00 PM, Utkarsh Small Finance Bank (UTKARSHBNK) said that it has taken up non-convertible debentures (NCDs).
From the filing: "CIR/CFD/CMD1/ 162/2019 dated December 24, 2019, enclosed herewith the statement of deviation(s) or variation(s) of funds raised through Issue of Non- Convertible Debentures on private placement basis, by the Bank in the specified format, for the quarter ended September 30, 2026."
Company snapshot
Utkarsh Small Finance Bank is a small-cap company, with a market value of about ₹2,164 crore.
The stock last traded at ₹12.16, against a 52-week range of ₹10.12–₹20.7 (41.3% below the high).
Before this filing the shares had moved −12.7% over the month and −17.4% over three months. Average daily turnover over the last 20 sessions was about ₹7.45 crore.
Promoters held 42.67% at the end of Q1 FY27. Foreign institutions owned 11.90% and domestic institutions 9.55%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,019 | -239.5 | -2.17 |
| Q2 FY26 | 937 | -348.5 | -3.16 |
| Q3 FY26 | 902 | -375 | -2.46 |
| Q4 FY26 | 952 | -188 | -1.06 |
| Q1 FY27 | 1,002 | -33.9 | -0.19 |
What history shows
This is not the company's first fund raising disclosure: BCEIE has 3 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 1.5% on average the next trading day and was down 3.5% on average after five days (2 filings with price data).
Market-wide, 1,727 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 25 Sept 2026 | Allotment of Non Convertible Debentures | +0.8% | −2.0% |
| 21 Jul 2026 | Corporate Action - Fixes Record Date For Call Option Of Non… | −3.7% | −4.9% |
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
- 3 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- Utkarsh Small Finance Bank (NSEI:UTKARSHBNK) - Stock Analysis
- Utkarsh Small Finance Bank Limited Estimates – NSE:UTKARSHBNK
- Utkarsh Small Finance Bank Announces Q2FY27 Earnings Call
- Banking sector stocks today, November 2: Utkarsh Small Finance Bank jumps 4.19%, Bank of Baroda gains 3.22%; Federal Bank falls 1.59%
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.