Utkarsh Coreinvest unlisted share price

Price history

About

Utkarsh CoreInvest Limited (UCL) is a non-banking finance company registered with the RBI and headquartered in Varanasi, Uttar Pradesh. It began micro-banking in Uttar Pradesh in September 2009 and later became the promoter of Utkarsh Small Finance Bank Limited, which serves unbanked and underserved customers. UCL is now essentially a holding company. Its main asset is its stake in the listed Utkarsh Small Finance Bank. The annual report says that after the bank's rights issue, UCL's holding fell from 68.92% to 42.67% as at November 04, 2025, because UCL did not take part in it. On a consolidated basis, which includes the bank, revenue from operations for FY26 was ₹36,748.97 million against ₹38,894.06 million a year earlier. The group reported a loss for the year of ₹8,383.52 million, compared with a loss of ₹4,222.95 million in FY25. Total assets stood at ₹290,109.71 million. All figures in this page are consolidated, in rupees million as printed by the company. The company is in the middle of a reverse merger. Under a scheme of amalgamation, UCL is to merge into Utkarsh Small Finance Bank and be dissolved without winding up. This is meant to meet RBI promoter dilution rules, so UCL's shareholders would hold bank shares directly. RBI and the stock exchanges have given no-objection, shareholders voted in favour on March 28, 2026, and the scheme was pending final approval of the NCLT in the annual report. UCL has no identified promoter as at March 31, 2026. The Board had four directors at that date, including two independent directors, one nominee director and the Managing Director and CEO, Suman Saurabh. UCL shares are not listed. They trade off-market through unlisted-share dealers at indicative prices, which can differ from deal to deal. The latest indicative price on IPO Guru is ₹125 per share with a lot size of 100 shares. IPO Guru does not give investment advice.