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Objective of the Issue

The Company intends to utilize the Net Proceeds for the following objects:

  1. Augment the capital base of the Company.
  2. General Corporate Purposes.

IPO Details, Price, Market Lot

Usha Financial Services IPO Details
IPO Open Date 24 October 2024
IPO Close Date 28 October 2024
IPO Issue Size 5,860,000 Shares (Aggregating up to ₹98.45 Cr)
Fresh Issue 5,860,000 Shares (Aggregating up to ₹98.45 Cr)
Offer for Sale NIL
Retail Portion Not less than 35.00% of the Net Issue
NII Portion Not less than 15.00% of the Net Issue
QIB Portion Not more than 50.00% of the Net Issue
Listing At NSE SME
Usha Financial Services IPO Price
Face Value ₹10 per share
IPO Price Band ₹160 to ₹168 per share
Employee Discount
IPO Issue Type Book Built Issue
Usha Financial Services IPO Market Lot For Retail Investor
No. of Shares Per Lot 800 Shares
Minimum Lot Size 1 Lot (800 Shares)
Minimum Amount (Cut-off price) ₹1,34,400
Maximum Lot Size 1 Lot (800 Shares)
Maximum Amount (Cut-off price) ₹1,34,400
Usha Financial Services IPO Market Lot For HNI
No. of Shares Per Lot 800 Shares
Minimum Lot Size 2 Lots (1600 Shares)
Minimum Amount (Cut-off price) ₹2,68,800

IPO Date, Listing Date, Allotment Date

Time Table (Tentative)
IPO Open Date 24 October 2024
IPO Close Date 28 October 2024
Basis of Allotment Date 29 October 2024
Initiation of Refunds 30 October 2024
Credit of Share to Demat Account 30 October 2024
IPO Listing Date 31 October 2024

Financial Report

Period Ended Assets
(₹ in Lakh)
Revenue
(₹ in Lakh)
P A T
(₹ in Lakh)
Net Worth
(₹ in Lakh)
Borrowings
(₹ in Lakh)
30 June 2024 35,133.66 2,681.26 504.16 11,106.79 18,861.94
31 March 2024  33,585.81 6,396.05 1,344.95 10,602.63 18,128.22
31 March 2023 37,222.64 4,618.73 1,016.55 8,207.38 24,751.41
31 March 2022 16,428.07 2,531.36 414.42 4,767.58 9,723.22
Period Ended 30 June 2024 31 March 2024 31 March 2023 31 March 2022
Assets 35,133.66 33,585.81 37,222.64 16,428.07
Revenue 2,681.26 6,396.05 4,618.73 2,531.36
P A T 504.16 1,344.95 1,016.55 414.42
Net Worth 11,106.79 10,602.63 8,207.38 4,767.58
Borrowings 18,861.94 18,128.22 24,751.41 9,723.22
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

Pre Issue Promotor Holding 98.91%
Post Issue Promotor Holding 72.24%

Company Address

Usha Financial Services Limited

Registered Office: 330, Mezanine Floor Functional Industrial Estate, Patparganj, Delhi- 110092,
Phone: 011 47019079
Email: compliance@ushafinancial.com
Website: https://www.ushafinancial.com/

IPO Registrar, Lead Manager, Prospectus

IPO Prospectus
IPO Registrar
Skyline Financial Services Private Ltd
IPO Lead Manager
  • Narnolia Financial Services Ltd
  • Unistone Capital Pvt Ltd