Usha Financial Services Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 24-10-2024 | 28-10-2024 | 10 per share | 0 | 800 Shares | NSE SME | 5,860,000 shares (aggregating up to ₹98.45 Cr) | 2024-10-29 00:00:00 | 2024-10-30 00:00:00 | 2024-10-30 00:00:00 | 31-10-2024 |
About The Company
Usha Financial Services IPO is a book built issue of Rs 98.45 crores. The issue is entirely a fresh issue of 58.6 lakh shares.
Usha Financial Services IPO opens for subscription on October 24, 2024 and closes on October 28, 2024. The allotment for the Usha Financial Services IPO is expected to be finalized on Tuesday, October 29, 2024. Usha Financial Services IPO will list on NSE SME with tentative listing date fixed as Thursday, October 31, 2024.
Usha Financial Services IPO price band is set at ₹160 to ₹168 per share. The minimum lot size for an application is 800 Shares. The minimum amount of investment required by retail investors is ₹134,400. The minimum lot size investment for HNI is 2 lots (1,600 shares) amounting to ₹268,800.
Narnolia Financial Services Ltd and Unistone Capital Pvt Ltd are the book running lead managers of the Usha Financial Services IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Usha Financial Services IPO is Ss Corporate Securities.
Refer to Usha Financial Services IPO RHP for detailed information.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2022 | 16428 | 2531 | 414 | 4767.58 | 4109.41 | 9723.22 |
| 31-03-2023 | 37223 | 4619 | 1017 | 8207.38 | 7265.57 | 24751.41 |
| 31-03-2024 | 33586 | 6396 | 1345 | 10602.63 | 9014.87 | 18128.22 |
| 30-06-2024 | 35134 | 2681 | 504 | 11106.79 | 9519.03 | 18861.94 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Qualified Institutions | 1.07 |
| Non-Institutional Buyers | 3.25 |
| Investors | 4.65 |
| Total | 3.33 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| HNI (Min) | 2 | 1600 | 268800 |
IPO Listing Details
| Listing Date | 31-10-2024 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price |
Promoter holdings
Mr. Rajesh Gupta, Mr. Anoop Garg, Ms. Geeta Goswami, Ms. Nupur Gupta, and M/s BR Hands Investments Private Limited.
Contact Information of the Company
Usha Financial Services Limited
330, Mezanine Floor Functional Industrial Estate
Patparganj
Delhi- 110092,
Phone: 011 47019079
Email: compliance@ushafinancial.com
Website: https://www.ushafinancial.com/
IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: compliances@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IPO Lead Manager
Narnolia Financial Services Ltd (Past IPO Performance) Unistone Capital Pvt Ltd (Past IPO Performance)