IPO

Usha Financial Services Limited IPO

NSE SME

Listed On: Oct 31, 2024 at ₹ 164.0

₹ 134400 /800 Shares

Check Allotment

Usha Financial Services IPO Live Subscription Details

Date
:
28-Oct-2024 18:26:20 hrs
QIBs
:
10.04
NII
:
28.93
Retail
:
20.76x
Total
:
19.45 times

Usha Financial Services IPO Details

24 Oct, 2024

Open Date

28 Oct, 2024

Close Date

29 Oct, 2024

Allotment Date

31 Oct, 2024

Listing Date

Issue Price

₹160-168 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

164.0

Listing Date

2024-10-31

Market Lot

800 Shares (₹134,400/-)

Lead Manager

Narnolia Financial Services Ltd
Unistone Capital Pvt Ltd

Issue Size

5,860,000 shares(aggregating up to ₹98.45 Cr)

Retail Portion

35%

Subscription

19.45 times

IPO Docs

DRHP RHP

Usha Financial Services IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved1,108,000 / 831,2001,939,2003,878,400
Day 1 - 24-10-24 06:00 PM1.07 / 2.02 x1.25 x1.36 x
Day 2 - 25-10-24 06:00 PM1.07 / 3.26 x4.72 x3.37 x
Day 3 - 28-10-24 06:00 PM10.04 / 28.93 x20.76 x19.45 x
Total No. of Applications: 54,359 (Approx)

Usha Financial Services Valuations

EPS Pre IPO

₹8.47/-

EPS Post IPO

₹9.28/-

P/E Pre IPO

19.83

P/E Post IPO

18.11

RoNW

9.29%

Usha Financial Services Company Financials All values are in ₹ Lakh

31-Mar-2431-Mar-2331-Mar-22
Assets33,585.8137,222.6416,428.07
Revenue6,396.054,618.732,531.36
Profit After Tax1,344.951,016.55414.42

About The Company

Usha Financial Services Limited is a non-banking finance company providing lending solutions to other NBFCs, corporates, MSMEs, and individuals, particularly women entrepreneurs.

The company also provides services for Electric Vehicle (EV) financing. It offers a diversified range of financial products to individuals, body corporates, NBFCs, and MSMEs.

The company has an AUM of Rs. 30,695.76 Lakhs and a Net worth of Rs. 10,602.63 Lakhs. It maintains a CRAR of 33.03% and a D/E Ratio of 1.71.

The company has maintained long-term relationships with its lenders. As of September 30, 2024, the company's lenders included 4 banks and 15 NBFCs, among others.

The company utilizes two distinct business models to generate revenue: (A) Retail Lending and (B) Wholesale Lending.

Read More

Usha Financial Services - Promoter(s)

Pre Issue Share Holding: 98.91%

Post Issue Share Holding: 72.24%

Company Promoter(s)

  1. Mr. Rajesh Gupta, Mr. Anoop Garg, Ms. Geeta Goswami, Ms. Nupur Gupta, and M/s BR Hands Investments Private Limited.

Usha Financial Services IPO - Issue Objectives

  1. Augment the capital base of the Company
  2. General Corporate Purposes.

Usha Financial Services IPO - FAQs

Ans. Usha Financial Services Limited IPO is a SME IPO. The issue is priced at ₹160-168 per equity share. The minimum order quantity is 800 Shares. The IPO opens on Oct 24, 2024, and closes on Oct 28, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Ans. The Usha Financial Services Limited IPO opens on Oct 24, 2024 and closes on Oct 28, 2024.

Ans. The size of Usha Financial Services Limited IPO is 5,860,000 shares(aggregating up to ₹98.45 Cr).

Ans. The IPO price band is set between ₹160-168 per equity share.

Ans. To apply for Usha Financial Services Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Usha Financial Services Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Usha Financial Services Limited IPO is Oct 29, 2024.

Ans. The Usha Financial Services Limited IPO will be listed on Oct 31, 2024.

Ans. Follow the steps to check the allotment status for Usha Financial Services Limited IPO here.