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 Products: The company provides a range of loan products including microfinance loans, personal and business loans, housing loans, gold loans, and vehicle loans. Strong Deposit Base: The deposit base of the Bank reached ?17,473 Crore with a growth of 27.44%. 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. Micro-Banking and General Banking: The Company’s network includes 579 micro-banking branches and 251 general banking branches, catering to diverse customer needs. 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. Commitment to Expansion: Company Opened over 58 new branches during FY23 and FY24. Rural and Semi-Urban Focus: Approximately 27.35% of branches are in unbanked areas, promoting financial inclusion. Board of Directors Mr. G. S. Sundararajan, Chairperson, Independent Director Mr. Atul, Independent Director Mr. Aditya Deepak Parekh, Nominee Director Mr. Gaurav Malhotra, Nominee Director Mr. Harjeet Toor, Nominee Director Mr. T. K. Ramesh Ramanathan, Nominee Director Mr. Ashwani Kumar, Managing Director & CEO Subsidiaries 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.