Usha Financial Services Limited
ListedSMEFinancial Services · NSE
Usha Financial Services Limited, incorporated in May 1995, is a non-banking finance company (NBFC) providing diverse lending solutions to NBFCs, corporates, MSMEs, and individuals, with a special focus on women entrepreneurs. The company has also ventured into Electric Vehicle (EV) financing under its green financing initiatives. With an Assets Under Management (AUM) of ₹30,695.76 lakh, a net worth of ₹10,602.63 lakh, a strong CRAR of 33.03%, and a Debt-to-Equity ratio of 1.71, Usha Financial Services demonstrates solid financial stability. Its operations are supported by long-term relationships with 4 banks and 15 NBFCs as of September 30, 2024. The company operates through two segments—Retail Lending and Wholesale Lending—offering products such as loans to NBFCs and corporates, MSME financing, and green financing. As of October 2024, it employed 43 people.
Price Band
₹160 – ₹168
Issue Size
₹98.45 Cr
Lot Size
800 shares
GMP
₹9
+5.4%
Est. Listing
₹177
at current GMP
Subscribed
19.45x
overall
Open
24 Oct 2024
Close
28 Oct 2024
Allotment
29 Oct 2024
Refund
30 Oct 2024
Demat Credit
31 Oct 2024
Listing
31 Oct 2024
Last updated 12 days ago
Overall Subscription
19.45x
Total Demand
QIB Multiplier
10.04x
Institutions & Funds
NII / HNI
28.93x
High Net-Worth
Retail (RII)
20.76x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,108,000 | 11,127,200 | 10.04x |
| NIB | 831,200 | 24,048,800 | 28.93x |
| RETAIL | 1,939,200 | 40,255,200 | 20.76x |
| Total | 3,878,400 | 75,431,200 | 19.45x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 13 | 0.00x |
| NIB | — | 4,027 | 0.00x |
| RETAIL | — | 50,319 | 0.00x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Usha Financial Services Limited Public Issue & Market Profile
Usha Financial Services Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹98.45 Crores. The shares are offered at a price band of ₹160 to ₹168 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2024-10-28, the basis of allotment is scheduled to be finalized on 2024-10-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Usha Financial Services Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Usha Financial Services Limited IPO is ₹9 per equity share. Based on the upper price band of ₹160 to ₹168 per equity share, the estimated listing price is ₹177 (+5.4% expected listing gain).
What is the expected profit per lot for Usha Financial Services Limited IPO?
With a lot size of 800 shares and current GMP of ₹9, the expected profit per application lot is approx ₹7,200 (+5.4% gain). Minimum application cost is approx ₹1,34,400.
What is the issue size and price band for Usha Financial Services Limited IPO?
The Usha Financial Services Limited IPO aggregate issue size is ₹98.45 Crores with an equity price band set at ₹160 to ₹168 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,34,400.
How can I check Usha Financial Services Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 19.45x (Retail: 20.76x, QIB: 10.04x, NII: 28.93x). You can track live multiples directly on our dedicated subscription page.
Where and when will Usha Financial Services Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2024-10-29. Investors can verify status using PAN card or application number.
When is the listing date for Usha Financial Services Limited IPO?
Usha Financial Services Limited shares are scheduled to list on NSE on 2024-10-31.