IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
Usha Financial Services IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Banking And Finance sector. Unistone Capital Private is the merchant banker of Usha Financial Services IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 11th July 2024.
Usha Financial Services IPO open date is 24th October 2024 and close date is 28th October 2024. IPO Allotment Date is 29th October 2024 and Listing date is 31st October 2024.Usha Financial Services IPO size is Rs 98.45 Cr. crores with IPO price of Rs 168.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Unistone Capital Private Limited is the book-running lead manager of the Usha Financial Services IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Ss Corporate Securities Limited for Usha Financial Services IPO.
Usha Financial Services IPO anchor investors are the below investors. The number of anchor investors in this IPO is 12.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Copthall Mauritius Investment | 298,400.00 | ₹168.00 | ₹50,131,200.00 |
| Nav Capital Vcc | 357,600.00 | ₹168.00 | ₹60,076,800.00 |
| Kingsman Wealth Fund | 238,400.00 | ₹168.00 | ₹40,051,200.00 |
| Persistent Growth Fund- | 168,000.00 | ₹168.00 | ₹28,224,000.00 |
| Compact Structure Fund | 119,200.00 | ₹168.00 | ₹20,025,600.00 |
| Saint Capital Fund | 89,600.00 | ₹168.00 | ₹15,052,800.00 |
| Next Orbit Ventures | 89,600.00 | ₹168.00 | ₹15,052,800.00 |
| ARROW EMERGING OPPORTUNITIES | 60,000.00 | ₹168.00 | ₹10,080,000.00 |
| Zeta Global Funds | 60,000.00 | ₹168.00 | ₹10,080,000.00 |
| Veer Quant Fund | 60,000.00 | ₹168.00 | ₹10,080,000.00 |
| Acintyo Investment Fund | 60,000.00 | ₹168.00 | ₹10,080,000.00 |
| Moneywise Financial Services | 60,000.00 | ₹168.00 | ₹10,080,000.00 |
Usha Financial Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Usha Financial Services IPO, based in New Delhi, operates in the Banking And Finance sector with a focus on Provide lending solutions to fellow NBFCs and corporates. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Usha Financial Services IPO size is ₹ 98.45 Cr. Crores with fresh issue size of Rs 98.45 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Usha Financial Services IPO is expected to be 29th October 2024, after the finalization of basis of allotment. Investors can check Usha Financial Services IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Usha Financial Services IPO refund dates are 30th October 2024.
Usha Financial Services IPO is expected to be listed on 31st October 2024.
The upper price band for the Usha Financial Services IPO is set at ₹ 168.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Usha Financial Services IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Usha Financial Services IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 28th October 2024. After submission, funds are blocked until the basis of allotment of Usha Financial Services IPO is finalised.
The merchant banker for Usha Financial Services IPO is Unistone Capital Private Limited , Narnolia Financial Services Limited . Unistone Capital Private Limited , Narnolia Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Usha Financial Services IPO RHP for further details.
The registrar for Usha Financial Services IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Usha Financial Services IPO through their official website or helpline.
Usha Financial Services IPO was subscribed 19.37 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 98.45 Cr.
Avg IPO Size (Sector Based)
:
₹ 27.77 Cr.
Sector: Banking And Finance
SME IPO so far:
43
Merchant Banker:
Unistone Capital
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 53.62 cr.
PE
Ratio:
18.11x
Average Sector PE Ratio: 17.91x
Usha Financial Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Usha Financial Services Financial Review Page
Merchant Banker(s) of Usha Financial Services IPO: Unistone Capital Private Limited , Narnolia Financial Services Limited
Usha Financial Services IPO subscription was 19.37 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Usha Financial Services IPO listed at a listing price of 155.85 against the offer price of 168.00.
The current market price of Usha Financial Services is 62.20.
Why Us?
