Usha Financial Services IPO
Usha Financial Services is an NSE SME IPO listed on the NSE SME platform, priced at ₹160–₹168 per share. The stock debuted at ₹164. The IPO had a lot size of ₹800 shares and a minimum investment of ₹1,34,400.
Usha Financial Services Limited IPO
- IPO Dates
- Oct 24, 2024 – Oct 28, 2024
- Price band
- ₹160-168 per equity share
- Minimum Investment
- ₹1,34,400
- Issue size
- ₹98.45 Cr
- Lot size
- 800
- Allotment Date
- Oct 29, 2024
- Listing
- Oct 31, 2024
- Listing At
- NSE SME
IPO timeline
-
Oct 24, 2024
Open Date
Completed
-
Oct 28, 2024
Close Date
Completed
-
Oct 29, 2024
Allotment Date
Completed
-
Oct 31, 2024
Listing Date
Completed
Usha Financial Services IPO Essentials
Usha Financial Services IPO Details
Usha Financial Services IPO is priced at ₹160-168 per share with a total issue size of 98.45 crore. The IPO has a lot size of 800 shares and is listed on NSE SME.
- Issue price
- ₹160-168 per equity share
- Lot size
- 800 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 5,860,000 shares(aggregating up to ₹98.45 Cr)
- Total issue size
- 58,60,000 shares
(aggregating up to ₹98.45 crore) - Fresh issue
- 58,60,000 shares
(aggregating up to ₹98.45 crore) - Listing at
- NSE SME
- List price
- 164.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Narnolia Financial Services Ltd, Unistone Capital Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 800 | ₹1,34,400 |
| Retail(max) | 1 | 800 | ₹1,34,400 |
| NII (min) | 2 | 1,600 | ₹2,68,800 |
Usha Financial Services IPO Reservation
Usha Financial Services IPO reservation details show category-wise allocation of shares. Out of the total 58,60,000 shares, approximately 18.91% are reserved for QIB, 14.18% for NII, 33.09% for retail investors, 5.47% for market maker, and 28.34% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 16,60,800 (28.34%) | |
| Market Maker Shares Offered | 3,20,800 (5.47%) | |
| QIB Shares Offered | 11,08,000 (18.91%) | |
| NII (HNI) Shares Offered | 8,31,200 (14.18%) | |
| Retail Shares Offered | 19,39,200 (33.09%) | |
| Total Shares Offered | 58,60,000 (100%) |
Usha Financial Services IPO Analytics
Usha Financial Services IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Usha Financial Services IPO Subscription Status
Usha Financial Services IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,108,000 / 831,200 | 1,939,200 | 3,878,400 |
|
Day 1
24-10-24 06:00 PM
|
(1.07 / 2.02) x | 1.25 x | 1.36 x |
|
Day 2
25-10-24 06:00 PM
|
(1.07 / 3.26) x | 4.72 x | 3.37 x |
|
Day 3
28-10-24 06:00 PM
|
(10.04 / 28.93) x | 20.76 x | 19.45 x |
Usha Financial Services Valuations
Earnings
- EPS Pre IPO
- ₹8.47/-
- EPS Post IPO
- ₹9.28/-
- P/E Pre IPO
- 19.83
- P/E Post IPO
- 18.11
Returns
- ROE
- 9.29%
- ROCE
- 12.02%
- RoNW
- 9.29%
Fundamentals
- Debt / Equity
- 1.70
- Price / Book
- 24.00
Usha Financial Services Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 33,585.81 | 37,222.64 | 16,428.07 |
| Revenue | 6,396.05 | 4,618.73 | 2,531.36 |
| Profit After Tax | 1,344.95 | 1,016.55 | 414.42 |
| Net Worth | 10,602.63 | 8,207.38 | 4,767.58 |
| Reserves & Surplus | 9,014.87 | 7,265.57 | 4,109.41 |
| Total Borrowing | 18,128.22 | 24,751.41 | 9,723.22 |
Usha Financial Services Company & Offer Insights
About Usha Financial Services
Usha Financial Services Limited, a company incorporated in May 1995, is engaged in the non-banking finance company business offering financing solutions to other NBFCs, corporates, MSMEs, and individuals particularly women entrepreneurs.
It also provides EV financing. This financial institution has an array of financial products diversified and provided to an individual, a body corporate, a non-banking finance company, and MSME.
The company has an AUM of Rs. 30,695.76 Lakhs and a Net worth of Rs. 10,602.63 Lakhs. The CRAR of the company stands at 33.03%, and the D/E Ratio stands at 1.71.
The company enjoyed long-term relationships with its lenders. As of September 30, 2024, the company's lenders comprised four banks and 15 NBFCs.
The company employs two different business models to raise revenues: (A) Retail Lending and (B) Wholesale Lending.
The product portfolio of the company includes the following:
Loans to Other NBFCs and Corporates
Green financing/ electric vehicle financing
MSMEs, small entrepreneurs
The company had 43 employees as of October 2024.
Usha Financial Services Promoter(s)
Mr. Rajesh Gupta, Mr. Anoop Garg, Ms. Geeta Goswami, Ms. Nupur Gupta, and M/s BR Hands Investments Private Limited. are the company's promoters of Usha Financial Services.
Usha Financial Services IPO Issue Objectives
- •
- Augment the capital base of the Company
- •
- General Corporate Purposes.
Usha Financial Services IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Usha Financial Services Limited | 8.64 | 8.64 | 66.78 | N/A | 14.3 | N/A | Restated |
| Ibl Finance Limited | 1.17 | 1.17 | N/A | 65 | 8.47 | N/A | Standalone |
Notes:
- Considering the nature and turnover of business of the Company, the peers are not strictly comparable. However, the same have been included for broader comparison.
Contact Information
Contact Details
Usha Financial Services
011 47019079
https://www.ushafinancial.com/
330, Mezanine Floor Functional Industrial Estate, Patparganj, Delhi- 110092
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Frequently Asked Questions
Click any question to reveal the answer
Usha Financial Services IPO is a book-built IPO worth ₹98.45 crore. The price band is ₹160–₹168 per share. The IPO opens on Oct 24, 2024 and closes on Oct 28, 2024. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The price band of Usha Financial Services IPO is ₹160 to ₹168 per share.
The lot size of Usha Financial Services IPO is 800 shares.
The minimum investment for Usha Financial Services IPO is approximately ₹1,34,400 based on the upper price band .
Usha Financial Services IPO opens on Oct 24, 2024 and closes on Oct 28, 2024.
The allotment date of Usha Financial Services IPO is Oct 29, 2024.
Usha Financial Services IPO is expected to be listed on Oct 31, 2024, on NSE SME Platform.
Usha Financial Services IPO valuation snapshot: P/E 18.11, EPS ₹9.28/-, P/B 24.00, RoNW 9.29%, and market cap N/A.
To apply for Usha Financial Services IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Usha Financial Services IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Usha Financial Services IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Usha Financial Services IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Usha Financial Services IPO allotment status on IPO Ji for quick and easy access.