Usha Financial Services IPO

Usha Financial Services Ltd

₹1,28,000 /800 sharesMinimum Investment

Usha Financial Services IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹168.00₹164.00-₹4.00 (2.38%)

Usha Financial Services IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
24 Oct ‘24 - 28 Oct ‘24₹1,28,000800₹160 - ₹168
Issue SizeIPO Doc
98.45Cr
RHP PDF

Subscription rate

As of 28 Oct'24, 04:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Total11.6565060011431x

About Usha Financial Services

Usha Financial Services is a non-banking financial company – investment and credit (NBFC-ICC), under the category of a non-systemically important, non-deposit-taking institution. It began operations in 1995. The company lends to a client base that includes other NBFCs, corporate entities, micro, small, and medium enterprises (MSMEs), and individual entrepreneurs, with a particular focus on supporting women entrepreneurs. Additionally, Usha Financial Services offers financing options for purchasing electric vehicles (EVs).;
Founded in
1995
Managing director
Mr. Rajesh Gupta
Parent organisation
Usha Financial Services Ltd

Strengths & Financials of Usha Financial Services

Strengths
Risks
Usha Financial Services has partnerships with numerous NBFCs and other companies, serving as facilitators and accelerators. The company claims that such collaborations have enabled it to extend its loan services to MSMEs in multiple states across the country.
The company employs the Vexil software, engineered by Vexil Infotech, as its primary financial management tool. The company claims that the software bolsters operational efficiency, particularly in loan management, collections management, field staff tracking, and collection data reporting.
The company has recorded a consistent rise in revenue from operations and profit after tax (PAT) over the last few years. Revenue from operations increased from Rs 25.03 crore in FY22 to Rs 45.63 crore in FY23 to Rs 63.22 crore in FY24, while PAT increased from Rs 4.14 crore in FY22 to Rs 10.16 crore in FY23 to Rs 13.45 crore in FY24.

Usha Financial Services Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Usha Financial Services IPO

Apply asPrice bandApply upto
Regular160 - 168₹2 Lakh
High Networth Individual160 - 168₹2 - 5 Lakh
For Usha Financial Services IPO, eligible investors can apply as Regular.
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