Utkarsh CoreInvest Limited - Unlisted Shares

Fundamentals

Current Price
₹200
Market Cap
₹1,987.72 Cr
ISIN
INE396P01012
Face Value
₹10
P/E Ratio
6.03
EPS
33.19
P/B Ratio
0.68
Book Value
292.9
Debt / Equity Ratio
1.20

Key Financials

Profit & Loss

MetricFY24FY23FY22FY21FY20
Revenue from Operations3140.362744.771977.621695.981352.91
Growth %14.41%38.79%16.61%25.36%45.07%
Operating Expenses1159.71881.71677.97591.59424.92
Growth %31.53%30.05%14.60%39.22%-8.17%
Operating Profit1980.651863.061299.651104.39927.99
Op. Profit Margin %63.07%67.88%65.72%65.12%68.59%
Other Income243.18193.42117.1886.2564.2
Interest Expense1298.161024.71q799.3762.52589.53
Depreciation108.8974.2382.5559.0048.81
Impairment on financial instruments-378.37-226.14-453.85-332.78-77.53
Profit Before Tax438.41731.4081.1336.34276.32
Tax108.57177.5918.9110.873.8
Tax %24.76%24.28%23.31%29.72%26.71%
Profit After Tax329.84553.8162.2225.54202.52
Growth %-40.44%790.08%143.62%-87.39%-327.96%
PAT %10.50%20.18%3.15%1.51%14.97%
Diluted EPS33.1955.886.312.6020.69

Company Financials

MetricFY24FY23FY22FY21FY20
Short Term Loans and Advances17650.0013548.799943.417925.356563.33
Cash & Cash Equivalents3029.052516.691871.961170.481616.04
Other Financial Assets3927.602983.252434.802439.681278.35
Total Financial Assets24606.6519048.7314250.1611535.519457.72
Fixed Assets (incl. WIP)535.94545.00471.64359.91295.71
Other Non Financial Assets200.85121.96210.24154.0069.82
Total Non Financial Assets736.79666.96681.88513.91365.54
Total Assets25343.4419715.6914932.0412049.429823.26
Borrowings3490.452726.562198.762227.873012.30
Other Financial Liabilities18911.1114877.9111171.338465.565714.18
Total Financial Liabilities22401.5617604.4713370.0910693.438726.48
Tax Liabilities (Deferred and Current)9.708.370.000.870.00
Provisions13.0012.045.846.495.02
Other Non-Financial Liabilities8.0914.3411.488.988.98
Total Non-Financial Liabilities30.8034.7517.3216.3414.00
Equity Capital98.7098.4298.3397.6497.39
Reserves2812.381978.041446.301241.97985.60
Total Equity2911.092076.461544.631339.611082.99
Equity + Liabilities25343.4419715.6914932.0412049.429823.26

Shareholding Pattern

NMI Frontier Fund KS, Norway
7.80%%
British International Investment PLC (Formerly known as CDC Group PLC)
13.90%%
Faering Capital India Evolving FUND II
7.76%%
RBL Bank Limited
9.83%%
Others
60.71%%

Strengths & Weaknesses

Strengths

  • Strong Financial Position: Utkarsh Coreinvest Limited has a robust financial position with a net worth of ₹850.49 crore as of March 31, 2024, indicating a strong financial health and stability.
  • Process-Centric Services: The company offers process-centric banking and microfinance services, which ensure reliability and efficiency in service delivery.
  • Technology-Enabled Platform: Utkarsh Coreinvest leverages technology to enhance its services, making them accessible and user-friendly, which is crucial in the digital age.
  • Extensive Network: The company has significantly expanded its operations, boasting 888 banking outlets, 320 ATMs, and 612 micro ATMs across 224 districts of 22 states and 4 union territories, providing a broad geographical presence and enhanced accessibility to customers.

Weaknesses

  • Limited Market Presence: The company may have a limited geographical presence, which could restrict its growth potential.
  • Competition: Operating in a highly competitive banking and finance sector, Utkarsh Coreinvest faces stiff competition from established players.

About Utkarsh CoreInvest Limited

Utkarsh CoreInvest Limited (formerly Utkarsh Micro Finance Limited) is the parent company of Utkarsh Small Finance Bank. Utkarsh Micro Finance began operations in September 2009 to offer financial and non-financial services to underserved communities, helping those with skills but lacking capital.

Board of Directors

  • Mr. G. S. Sundararajan - Non- Executive Independent Director, Chairperson of the Board
  • Mr. Aditya Deepak Parekh - Nominee Director
  • Mr. Suman Saurabh - Managing Director & CEO
  • Mr. Atul - Independent Director

Senior Management

  • Mr. Suman Saurabh - Managing Director & CEO
  • Mr. Harshit Agrawal - Chief Financial Officer
  • Mr. Neeraj Kumar Tiwari - Company Secretary & Compliance Officer

Frequently Asked Questions

How to buy Utkarsh Core Invest Limited Unlisted Shares?
To Buy Utkarsh Core Invest Limited Unlisted Shares follow the given steps:

-Register on the InCred Money Platform.
-Complete your KYC verification.
-Go to the Utkarsh Core Invest Limited shares page, select the desired quantity, and click Buy.
How to sell Utkarsh Core Invest Limited Unlisted Shares?
We suggest that an investor should not invest in unlisted equities with a mindset of trading or selling them in a short period of time.
But we understand that there may be an event where you may want to liquidate your shares. In that case, you can drop us an email at connect@incredmoney.com with the following details:

-Name
-Registered email address with InCred Money
-PAN number
-Name of the company that you are looking to sell
-Quantum
-Your expected price

Once we receive your email, our team will reach out to you. We will then attempt to find a buyer for your units on a best-effort basis. Once we find a match for your price and quantity, we will notify you and initiate the transaction.

Steps once the transaction is initiated:

-We will send you a deal sheet with all relevant details.
-You will need to transfer the units from your demat account to us. Our team will explain to you the steps for the same.
-After we receive the units, you will get a confirmation, and we will transfer the funds to your account.
What is the lock-in period of Utkarsh Core Invest Limited Unlisted Shares?
The lock-in period for Utkarsh Core Invest Limited's Unlisted Shares differs across various investor categories. For Retail Investors, high net-worth individuals (HNIs), and corporations, the lock-in period is six months from the date Waree shares get listed.
For Venture Capital Funds and Foreign Venture Capital Investors, the lock-in period is also six months but starts from the acquisition date of Utkarsh Core Invest Limited's Unlisted Shares. However, for Alternative Investment Funds – Category II, there is no lock-in period.
What is the minimum ticket size for investment in Utkarsh CoreInvest Limited Unlisted Shares?
At InCred we allow you to customize your unlisted shares experience and buy and sell as many of Utkarsh Core Invest Limited's Unlisted Shares as your budget permits. You can buy Utkarsh Core Invest Limited Unlisted Shares with a minimum investment of just 1 share.
Is buying Utkarsh Core Invest Limited Unlisted Shares legal in India?
Yes, it is legal to buy and sell Core Invest Limited's Unlisted Shares. But you need to trade these sales from a reliable source.
Is Short-term capital gain tax applicable on Utkarsh Core Invest Limited (Utkarsh Core Invest Limited) unlisted shares?
Any profit earned from selling Utkarsh Core Invest Limited Unlisted Shares within two years of purchase is classified as a Short-Term Capital Gain (STCG). These profits are added to your total income for the relevant financial year, and the tax on this gain is determined based on your applicable income tax slab
Thus, the tax payable on STCG will be calculated on your overall income, including these gains, according to the Income Tax Laws of India. As an investor, it is essential to consider these tax implications when dealing with unlisted share transactions.
How much LTCG tax is applicable on Utkarsh Core Invest Limited Unlisted Shares/Pre IPO-Shares?
The LTCG shares applicable on Utkarsh Core Invest Limited Unlisted Shares refer to profits made on the unlisted shares held on to for more than two years. The LTCG on unlisted shares has been taxed at 12.5% since July 2024. The indexation benefit applicable earlier has been removed after the 2024 budget. Understanding LTCG is crucial for high-net-worth individuals and retail investors to plan their investments and strategy smartly.
How much time is taken to credit Utkarsh Core Invest Limited Unlisted Shares in a demat account?
The Utkarsh Core Invest Limited Unlisted Shares are credited to your Demat account on the same day as the fund transfer to our company account.
How to trust In Cred Money before buying Utkarsh Core Invest Limited Unlisted Shares from its platform?
-InCred Money is a part of the InCred Group, offering an accessible investment platform.
-You can start investing with as little as one share
-Highly competitive pricing with no hidden charges.
-A dedicated team of experts is available to guide you every step of the way.
How is the valuation of Utkarsh Core Invest Limited Unlisted Shares Calculated?
The valuation of Utkarsh Core Invest Limited's Unlisted Shares is mainly driven by fundamental and comparative analysis, while market demand and supply also play a significant role. Our pricing is derived from a detailed examination of financial estimates and the company's transaction history. We establish benchmark valuations by analysing the current market trends and funding activities related to Utkarsh Core Invest Limited Unlisted Shares. Additionally, we perform comprehensive risk assessments and consider all relevant factors to ensure well-informed and strategic decisions.
How much Return Can I Expect from the Utkarsh Core Invest Limited Unlisted Share
The return on investment for unlisted shares varies based on the holding period. Estimating potential returns on these shares requires deep industry knowledge and insights. Connect with our unlisted share experts to maximize your profit potential.
What is the name of Utkarsh Core Invest Limited in the share market?
The name of the company is Utkarsh Core Invest Limited in the unlisted share market.
Are Utkarsh Core Invest Limited Unlisted Shares in demat form?
Yes, Utkarsh Core Invest Limited Unlisted Shares are transferred in dematerialised form. Once the payment is received, the shares will appear in your Demat account.
Where will Utkarsh Core Invest Limit Unlisted Shares/Pre-IPO shares be reflected?
Once you purchase the shares on our platform, they will be transferred to the DEMAT account that you have shared with us on a T+7 basis.

There are multiple places where you can check your stock:
-You can download the CDSL Myeasi app or NSDL Speede app where you can track all your demat holdings.
-The stock will show up once you log in to your account on the InCred Money app/ website.
Is Utkarsh Core Invest Limited a Pre IPO, Unlisted, or Delisted share?
Utkarsh Core Invest Limited is an unlisted company. They offer trading pre-IPO shares. The company, however, is gearing up for an IPO and its share prices are likely to increase thereafter.
Can NRIs buy Utkarsh Core Invest Limited's Unlisted Shares?
Yes, NRIs can buy Utkarsh Core Invest Limited Shares. However, these shares are non-repatriable unless the NRI informs the RBI of their intention to buy repatriable shares. These shares must be acquired through an NRO Non-PIS account.
Is Utkarsh Core Invest Limited planning for an IPO?
Utkarsh Core Invest Limited's unlisted shares are currently trading at Rs 155 per equity share, However, as the company preparing for its IPO, its share price is expected to rise. Typically, when a company goes public, its share prices tend to increase significantly.
Who owns Utkarsh Core Invest Limited shares?
Ashwani Kumar is the Managing Director and Chief Executive Officer of Utkarsh Core Invest Limited.
What is the value of Utkarsh Core Invest Limited in 2024?
Utkarsh Core Invest has 98,532,686 outstanding shares and a market capitalisation of Rs. 13.49 billion at a share price of Rs. 137 per share.
Is Utkarsh Core Invest Limited profitable?
According to a Crisil report, Utkarsh was one of the most profitable small finance banks in the country.
Is Utkarsh Core Invest Limited stock good to buy?
Currently trading at Rs 155 per equity share, Utkarsh CoreInvest Limited unlisted shares can offer you high returns. The company is about to go public and this will increase their share prices, it is the best time to buy their shares right now.
Image of Utkarsh CoreInvest Limited

Utkarsh CoreInvest Limited