IPO Trending
USHAFINSME / NSEListed
Usha Financial Services

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.

₹160 - ₹16819.45x sub
Listed Price₹164.00
Listing Gain-2.38%

IPO Schedule & Timeline

Bookbuilding IPO
Open24 Oct 2024
Close28 Oct 2024
Allotment29 Oct 2024
Listing31 Oct 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail19,39,200 shares
33.09%
Nii (hni)8,31,200 shares
14.18%
Anchor16,60,800 shares
28.34%
QIB11,08,000 shares
18.91%
Market Maker3,20,800 shares
5.47%

Minimum Application Lots

Retail1 Lot (800 shares)
₹1,34,400
HNI2 Lots (1,600 shares)
₹2,68,800

Company Promoters

Mr. Rajesh GuptaMr. Anoop GargMs. Geeta GoswamiMs. Nupur GuptaM/s BR Hands Investments Private Limited.

Company Background

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 Managem...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest ( Jun 2024 )₹2681.26 Cr
Growth+5.9%
Revenue Trend (₹ in Crores)
0.02.5k4.9k7.4kMar 2022Mar 2023 Mar 2024 Jun 2024
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun 2024 2,681.26504.1635,133.66 18,861.94
Mar 2024 6,396.051,344.9533,585.81 18,128.22
Mar 2023 4,618.731,016.5537,222.6424,751.41
Mar 20222,531.36414.4216,428.079,723.22

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-243.189.29%12.02%19.8318.11
Mar-248.6414.30%15.40%00
Mar-237.4215.67%14.88%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
29 Oct 2024
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
31 Oct 2024

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Usha Financial Services. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization29 Oct 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date31 Oct 2024Trading commences on exchange

How to Check Usha Financial Services Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Usha Financial Services from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Usha Financial Services IPO

Complete issue overview for Usha Financial Services (USHAFIN) IPO. The issue features an equity share price band of ₹160 – ₹168 per share with a minimum retail lot size of 800 Shares (minimum application amount of ₹1,34,400). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions