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Usha Financial Services Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹168
Issue Price
₹168
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹168
GMP based
Lot Size
800
shares / lot
Min Amount
₹134,400
1 lot · 800 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
24 Oct 2024
Thu Completed
Done
Close Date
28 Oct 2024
Mon Completed
Done
Allotment
29 Oct 2024
Tue Completed
Done
Refund
30 Oct 2024
Wed Completed
Done
Demat Credit
30 Oct 2024
Wed Completed
Done
Listing Date
31 Oct 2024
Thu Completed
UPI Deadline: 28 Oct 2024
Issue Details
Pricing & Size
Issue Price
₹168 Face ₹10
Lot Size
800 shares
Min Investment
₹134,400
Total Issue Size
58,60,000 shares (aggregating up to ₹98.45 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,20,800 (5.47%
QIB Portion
27,68,800 (47.25%)
NII / HNI
8,31,200 (14.18%)
Retail
19,39,200 (33.09%)
Employee
-
Net Offer to Public
55,39,200 shares (aggregating up to ₹93.06 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,58,77,631 shares
Post-Issue Shareholding
2,17,37,631 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 800 ₹1,34,400
HNI / NII 2 1600 ₹2,68,800
Objects of Issue
2 objectives
1
Augment the capital base of the Company
2
General Corporate Purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Narnolia Financial Services Ltd
Unistone Capital Pvt.Ltd
Market Maker
SS Corporate Securities Ltd.
IPO Timeline
Open
24 Oct
✓ Done
Close
28 Oct
✓ Done
Allotment
29 Oct
✓ Done
Listing
31 Oct
✓ Done
Registrar Details
Skyline Financial Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
02228511022
Email
compliances@skylinerta.com
Company Contact
Email
compliance@ushafinancial.com
Phone
011 47019079
Address
330 Mezanine Floor Functional Industrial Estate Patparganj Delhi, New Delhi, 110092
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹168
Est. Listing
₹168
Lot Size
800 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Usha Financial Services Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
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| Price
Market Reference
IPO Issue Price
₹168
GMP
+₹0 (+0%)
GMP Est. Listing
₹168
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 27,68,800 (47.25%) ₹4,651.58 Cr
NII / HNI (Total) 8,31,200 (14.18%) ₹1,396.42 Cr
Retail Investors 19,39,200 (33.09%) ₹3,257.86 Cr
Total ** 58,60,000 (100.00%) ₹98,448.00 Cr
Market Maker * 3,20,800 (5.47% ₹53.89 Cr
* Based on ₹168.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
27,68,800 (47.25%)
NII
8,31,200 (14.18%)
Retail
19,39,200 (33.09%)
Market Maker
3,20,800 (5.47%
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric30 Sep 202431 Mar 202431 Mar 2023
Revenue2681.266396.054618.73
PAT504.161344.951016.55
EBITDA
Net Worth11106.7910602.638207.38
Total Assets35133.6633585.8137222.64
Reserves9519.039014.877265.57
Borrowings18861.9418128.2224751.41
Key Financial Ratios
9.29%
ROE
Return on Equity
12.02%
ROCE
Return on Capital Employed
9.29%
RONW
Return on Net Worth
1.70
D/E Ratio
Debt to Equity
24.00
P/BV
Price to Book Value
8.47
Pre EPS
EPS Pre-Issue
9.28
Post EPS
EPS Post-Issue
19.83
Pre P/E
P/E Pre-Issue
18.11
Post P/E
P/E Post-Issue
About Usha Financial Services Ltd

Incorporated in May 1995, 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 Electric Vehicle (EV) financing services. 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 four banks and 15 NBFCs.

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

The product portfolio of the company consists of the following 

  • Loans to Other NBFCs and Corporates
  • Green financing/ electric vehicle financing
  • MSMEs, focusing on small entrepreneurs

Competitive Strength

  • Experienced management team
  • The company has strategic agreements with NBFCs and other entities, its business partners/correspondents, which are crucial for its retail lending business, providing access to extensive borrower networks.
  • The extensive customer due diligence procedures include multiple levels of checks and controls.

As of October 2024, the company had 43 employees.

Frequently Asked Questions
What is the issue price of Usha Financial Services Ltd IPO?
The issue price of Usha Financial Services Ltd IPO is ₹168 per share, face value ₹10.
What is the lot size?
Minimum lot size is 800 shares, requiring ₹134,400.
What are the IPO dates?
Opens 24 Oct 2024, closes 28 Oct 2024.
When is the listing date?
Tentative listing: 31 Oct 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹168 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Usha Financial Services Ltd IPO · Expected 29 Oct 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
29 Oct 2024
Refund Initiation
30 Oct 2024
Demat Credit
30 Oct 2024
Listing Date
31 Oct 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹168
Face ₹10
Lot Size
800
shares / lot
Min Amount
₹134,400
1 lot
Est. Listing
₹168
GMP +₹0
Key Dates
Open
24 Oct Done
Close
28 Oct Done
Listing
31 Oct Done
Registrar
Skyline Financial Services Pvt.Ltd.
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