Usha Financial Services IPO Details
| IPO Open Date: | October 24, 2024 |
| IPO Close Date: | October 28, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹160 to ₹168 Per Share |
| Issue Size: | Approx ₹98.45 Crores |
| Fresh Issue: | Approx ₹98.45 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Usha Financial Services IPO Market Lot
The Usha Financial Services IPO minimum market lot is 800 shares with ₹134,400 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 800 | ₹134,400 |
| Retail Maximum | 1 | 800 | ₹134,400 |
| S-HNI Minimum | 2 | 1,600 | ₹268,800 |
Usha Financial Services IPO Dates
The Usha Financial Services IPO date is October 24, 2024 and the close date is October 28, 2024. The Usha Financial Services IPO allotment will be finalized on October 29, 2024 and the IPO listing on October 31, 2024.
| IPO Open Date: | October 24, 2024 |
| IPO Close Date: | October 28, 2024 |
| Basis of Allotment: | October 29, 2024 |
| Refunds: | October 30, 2024 |
| Credit to Demat Account: | October 30, 2024 |
| IPO Listing Date: | October 31, 2024 |
Promoters of Usha Financial Services IPO
The promoters of the company are Mr. Rajesh Gupta, Mr. Anoop Garg, Ms. Geeta Goswami, Ms. Nupur Gupta, and M/s BR Hands Investments Private Limited.
About Usha Financial Services IPO
Usha Financial Services Limited was established in 1955 in Patparganj, Delhi. It is an NBFC company that provides solutions to other NBFCs, MSMEs, and individuals, with a particular focus on women entrepreneurs and expanding their Electric Vehicle finance. In FY 2024, the company had a total net worth of 10,602.63, and in FY 2023, it was 8,207.38. The company’s vision is to become a market leader and empower consumer and business achievement, focusing on financial growth. Their main aim is to provide innovative, credible, affordable, and accessible customer-centric solutions.
Usha Financial Services IPO Company Financial Report
The company reported revenue of ₹63.96 crores in 2024 against ₹46.19 crore in 2023. The company reported profit of ₹13.45 crores in 2024 against profit of ₹10.17 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹25.31 | ₹19.83 | ₹4.14 | ₹164.28 |
| 2023 | ₹46.19 | ₹32.40 | ₹10.17 | ₹372.23 |
| 2024 | ₹63.96 | ₹46.23 | ₹13.45 | ₹335.86 |
| June 2024 | ₹26.81 | ₹20.19 | ₹5.04 | ₹351.34 |
Usha Financial Services IPO Valuation – FY2024
Check Usha Financial Services IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 14.30% |
| ROCE: | 15.40% |
| EBITDA Margin: | 75.56% |
| PAT Margin: | -% |
| Debt to equity ratio: | 1.71 |
| Earning Per Share (EPS): | ₹8.64 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 14.30% |
| Net Asset Value (NAV): | ₹66.78 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| IBL Finance Limited | 1.17 | 65.00 | 8.47% | – | 2.28 Cr. |
Objects of the Issue
- Augment the capital base of the Company
- General Corporate Purposes.
Usha Financial Services IPO Review
- IPO Watch – May Apply
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- IDBI Capital –
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- Sharekhan –
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- Sushil Finance –
- Swastika Investmart –
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- Geojit –
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- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Usha Financial Services IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
IPO Lead Managers aka Merchant Bankers
- Narnolia Financial Services Ltd
- Unistone Capital Pvt Ltd
Company Address
Usha Financial Services Limited
330, Mezanine Floor Functional Industrial Estate
Patparganj
Delhi- 110092,
Phone: 011 47019079
Email: [email protected]
Website: https://www.ushafinancial.com/
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Note: The Usha Financial Services IPO price band and date are officially announced. The (Usha Financial Services IPO grey market premium) will be added to the IPO GMP page as it will start).
