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Utkarsh Small Finance Bank, Glenmark Life Sciences get Sebi's go ahead to float IPO

Updated : June 08, 2021 16:52:34 IST

Utkarsh Small Finance Bank and Glenmark Life Science had filed preliminary IPO papers with Sebi in March and April respectively.
The Varanasi-headquartered lender would utilise proceeds from the fresh issue to augment the tier 1 capital base to meet future capital requirements.
The two companies received the markets regulator's observation on June 3.
Utkarsh Small Finance Bank, Glenmark Life Sciences get Sebi's go ahead to float IPO
Published : June 08, 2021 04:52 PM IST

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