Usha Financial Services Ltd
Price Range
₹160 - ₹168
-
Min. Quantity
800
Closes on
28 October 2024
-
Min. investment
₹1,34,400/800 Shares
Usha Financial Services Ltd IPO Timeline
Usha Financial Services Limited was incorporated as a Private Limited Company in the name and style of 'Usha Financial Services Private Limited' issued by the Registrar of Companies, Delhi dated May 16, 1995. Further, Company converted into a Public Limited Company and the name changed from 'Usha Financial Services Private Limited' to 'Usha Financial Services Limited' & Registrar of Companies, Delhi issued a new Certificate of Incorporation upon conversion dated October 12, 2022.
| Event | Date |
|---|---|
| Usha Financial Services Ltd IPO Opening Date | 24 October 2024 |
| Usha Financial Services Ltd IPO Closing Date | 28 October 2024 |
| Basis of Allotment | 29 October 2024 |
| Initiation of Refunds | 30 October 2024 |
| Credit of Shares to Demat | 30 October 2024 |
| Usha Financial Services Ltd IPO Listing Date | 31 October 2024 |
Usha Financial Services Ltd IPO Details
| Usha Financial Services Ltd IPO Date | 24 October 2024 to 28 October 2024 |
| Usha Financial Services Ltd IPO Face Value | ₹10 per share |
| Usha Financial Services Ltd IPO Price | ₹160 to ₹168 per share |
| Usha Financial Services Ltd IPO Lot Size | 800 |
| Issue Size | Shares of ₹10 (aggregating up to ₹98.45 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹98.45 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Rajesh Gupta, Anoop Garg, Geeta Goswami |
Usha Financial Services Ltd IPO Lot Size
The Usha Financial Services Ltd IPO lot size is 800 shares. A retail-individual investor can apply for up to 1 lots (800 shares or ₹1,34,400).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 800 | ₹1,34,400 |
| Maximum | 1 | 800 | ₹1,34,400 |
- Strengths
- Risks
- Opportunities
- Good track record.
- Leveraging the experience of our Promoters.
- Experienced management team and a motivated and efficient work force.
Company Financials
Usha Financial Services Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 335.86 | 63.96 | 13.45 |
| 03-2023 | 372.23 | 46.19 | 10.17 |
| 03-2022 | 164.28 | 25.31 | 4.14 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Augment the capital base of the company
- General corporate purposes
Usha Financial Services Ltd IPO Promoter Holding
| Pre Issue Share Holding | 25.8% |
| Post Issue Share Holding | 18.85% |
Usha Financial Services Ltd IPO Subscription Status (Bidding Detail)
The Usha Financial Services Ltd IPO is subscribed 17.9632 times on 28 October 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 17.9632 |
Usha Financial Services Ltd IPO Prospectus
Usha Financial Services Ltd IPO Listing Date
| BSE Script | 93327 |
| NSE Symbol | USHAFIN |
| Listing In | NSE - SME |
| ISIN | INE0LS001014 |
| IPO Price | ₹168 |
| Face Value | ₹10 |
Company Contact Information
330 Mezanine Floor Functional-Industrial Estate,Patparganj-110092
Phone: 011 4701 9079
Email: compliance@ushafinancial.com
Website: www.ushafinancial.com
Usha Financial Services Ltd IPO Registrar
Usha Financial Services Ltd IPO Lead Manager(s)
- Narnolia Financial Services Ltd
- Unistone Capital Pvt Ltd
FAQ
What is the issue size of Usha Financial Services Ltd IPO?
I have pre-applied for Usha Financial Services Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.