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Objective of the Issue
The Company intends to utilize the Net Proceeds for the following objects:
- Augment the capital base of the Company.
- 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 |
|
