Usha Financial Services IPO description – Usha Financial Services, established in 1995, operates as a non-banking finance company (NBFC) registered with the Reserve Bank of India. Classified as an NBFC-ICC (Investment & Credit) at the base layer, it is a non-systemically important non-deposit-taking entity.
The company offers lending solutions to various clients, including fellow NBFCs, corporates, MSMEs, and individuals, focusing on women entrepreneurs. Additionally, Usha Financial is involved in financing electric vehicles (EVs). Their portfolio includes financial products catering to individuals, corporate entities, NBFCs, and MSMEs.
Usha Financial Services boasts an Assets Under Management (AUM) of INR 306.96 crore and a Net worth of INR 106.03 crore. The company upholds a robust Capital Risk Assets Ratio (CRAR) of 33.03%. As of July 2024, Usha Financial serves over 28,000 active borrowers.
Promoters of Usha Financial Services – Mr. Rajesh Gupta, Mr. Anoop Garg, Ms. Geeta Goswami, and M/s BR Hands Investments Private Limited
Table of Contents
Usha Financial Services IPO Details
| Usha Financial Services IPO Dates | 24 – 28 October 2024 |
| Usha Financial Services Issue Price | INR 160 – 168 per share |
| Fresh issue | 58,60,000 shares (INR 98.45 crore) |
| Offer For Sale | NIL |
| Total IPO size | 58,60,000 shares (INR 98.45 crore) |
| Minimum bid (lot size) | 800 shares (INR 1,34,400) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE EMERGE |
Usha Financial Services Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 | H1 FY 2025 |
| Revenue | 25.03 | 45.63 | 63.22 | 26.51 |
| Expenses | 19.83 | 32.40 | 46.24 | 20.19 |
| Net income | 4.14 | 10.17 | 13.45 | 5.04 |
Usha Financial Services Offer News
- Usha Financial Services IPO Analysis
- Usha Financial Services RHP
- Usha Financial Services Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Usha Financial Services Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 3.51 | 7.42 | 8.64 |
| PE ratio | – | – | 18.52 – 19.44 |
| RONW (%) | 9.20 | 15.67 | 14.30 |
| NAV | 72.44 | 87.14 | 66.78 |
| ROCE (%) | 12.71 | 14.88 | 15.40 |
| EBITDA (%) | 64.85 | 77.85 | 75.56 |
| Debt/Equity | 2.04 | 3.02 | 1.71 |
Usha Financial Services IPO GMP Today
| Date | Consolidated IPO GMP | Subject to Sauda |
| 30 October 2024 | 10 | 6,000 |
| 29 October 2024 | 20 | 6,000 |
| 28 October 2024 | 35 | 27,000 |
| 26 October 2024 | 35 | 27,000 |
| 25 October 2024 | 50 | 35,000 |
| 24 October 2024 | 50 | 35,000 |
| 23 October 2024 | 47 | 33,000 |
| 22 October 2024 | 40 | 31,000 |
| 21 October 2024 | 30 | 30,000 |
| 19 October 2024 | 20 | 27,500 |
| 18 October 2024 | 20 | 30,000 |
| 17 October 2024 | 20 | 30,000 |
Usha Financial Services IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 11,08,000 | 8,31,200 | 19,39,200 | 38,78,400 |
| 28 Oct 2024 | 10.04 | 28.93 | 20.76 | 19.45 |
| 25 Oct 2024 | 1.07 | 3.63 | 4.62 | 3.39 |
| 24 Oct 2024 | 1.07 | 2.01 | 1.21 | 1.34 |
The market maker reservation portion of 3,20,800 shares and anchor allocation of 16,60,800 shares are not included in the above calculations.
Usha Financial Services IPO Dates & Listing Performance
| IPO Opening Date | 24 October 2024 |
| IPO Closing Date | 28 October 2024 |
| Finalization of Basis of Allotment | 29 October 2024 |
| Initiation of refunds | 30 October 2024 |
| Transfer of shares to demat accounts | 30 October 2024 |
| IPO Listing Date | 31 October 2024 |
| Opening Price on NSE SME | INR 164 per share (down 2.38%) |
| Closing Price on NSE SME | INR 155.85 per share (down 7.23%) |
Usha Financial Services Offer Lead Manager
UNISTONE CAPITAL PRIVATE LIMITED
A/305, Dynasty Business Park, Andheri Kurla Road,
Andheri East, Mumbai 400059, Maharashtra
Phone:+91 9820057533
Email:Â [email protected]
Website:Â www.unistonecapital.com
Usha Financial Services Offer Registrar
SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone:Â +91- 11-40450193-197
Email:Â [email protected]
Website:Â www.skylinerta.com
Usha Financial Services Issue Contact Details
USHA FINANCIAL SERVICES LIMITED
330, Mezzanine Floor Functional Industrial Estate,
Patparganj, Delhi, India, 110092
Phone: 011 47019079
E-mail: [email protected]
Website: www.ushafinancial.com
IPO FAQs
What is the Usha Financial Services offer size?
Usha Financial Services offer size is INR 90.56 – 98.45 crores.
What is the Usha Financial Services offer price band?
Usha Financial Services public offer price is INR 160 – 168 per share.
What is the lot size of the Usha Financial Services IPO?
Usha Financial Services offer a lot size is 800 shares.
What is Usha Financial Services IPO GMP today?
Usha Financial Services IPO GMP today is INR 10 per share.
What is the Usha Financial Services kostak rate today?
Usha Financial Services kostak rate today is INR NA per application.
What is Usha Financial Services Subject to the Sauda rate today?
Usha Financial Services is Subject to the Sauda rate today is INR 6,000 per application.
