Bidding Dates
24 Oct 24 - 28 Oct 24
Price Range ₹
160 - 168
Total Equity
₹ 70.55Cr
Lot Size
800
Exchange Status
NSE
IPO Doc
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
Offer start
24 Oct 2024
Offer end
28 Oct 2024
Allotment
29 Oct 2024
Refund initiation
30 Oct 2024
Demat transfer
30 Oct 2024
Listing
31 Oct 2024
Offer start
24 Oct 2024
Offer end
28 Oct 2024
Allotment
29 Oct 2024
Refund initiation
30 Oct 2024
Demat transfer
30 Oct 2024
Listing
31 Oct 2024
Founded in May 1995, Usha Financial Services Limited is a non-banking finance company (NBFC) that offers lending solutions to other NBFCs, corporations, MSMEs, and individuals, with a particular focus on women entrepreneurs. The company also provides Electric Vehicle (EV) financing and offers a wide range of financial products to individuals, corporate entities, NBFCs, and MSMEs. Usha Financial Services has an Assets Under Management (AUM) of Rs. 30,695.76 lakhs and a Net Worth of Rs. 10,602.63 lakhs. It maintains a Capital to Risk (Weighted) Assets Ratio (CRAR) of 33.03% and a Debt-to-Equity (D/E) ratio of 1.71. The company has built strong, long-term relationships with its lenders, which include 4 banks and 15 NBFCs as of September 30, 2024. Usha Financial Services follows two key business models to drive revenue: (A) Retail Lending and (B) Wholesale Lending. The company's product portfolio includes: - Loans to NBFCs and corporations - Green financing/electric vehicle financing - MSME loans, with a focus on small entrepreneurs Key strengths of the company include: - An experienced management team - Strategic agreements with NBFCs and other business partners, which are vital for its retail lending operations and provide access to a broad borrower network - Rigorous customer due diligence processes with multiple levels of checks and controls As of October 2024, Usha Financial Services had a team of 43 employees.
Year Founded
16-05-1995
Promotor Details
Particular | Pre-IPO | Post-IPO |
---|---|---|
Percentage | 98.81 | 72.32 |
Share Capital | 15703855 | 15721455 |
41,99,200.00 Cr
Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
---|---|---|---|---|---|
2024 | 33,496.87 | 1,587.76 | 1,016.55 | 1,016.55 | 7.1957 |
2023 | 37,149.43 | 941.81 | 1,016.55 | 1,016.55 | 7.1957 |
2022 | 16,364.13 | 658.17 | 1,016.55 | 1,016.55 | 7.1957 |