31 Mar 2022
Assets164.28
Total Income25.31
Profit After Tax4.14
NET Worth47.68
Reserves and Surplus41.09
Total Borrowing97.23
At a glance
Updated 2026-08-24Usha Financial Services is a SME IPO with an issue size of ₹98.45 crore, proposed for listing on NSE SME. The offer opens on 24th Oct 2024 and closes on 28th Oct 2024. The issue structure includes a fresh issue of ₹93.06 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹98.45 Cr
Fresh issue₹93.06 Cr
Face value₹10
Price band₹160.00–₹168.00
Allotment29th Oct 2024
Listing31st Oct 2024
Grey market
GMP page ↗Latest GMP₹9.00
GMP / upper price5.36%
Est. listing₹177.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens24th Oct 2024
Closes28th Oct 2024
Allotment29th Oct 2024
Refund30th Oct 2024
Demat30th Oct 2024
Listing31st Oct 2024
Subscription demand
Full bidding ↗Total19.37×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 800 | ₹134,400 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| To Augment the capital base of the Company | ₹70.00 Cr |
| To meet out the General Corporate Purposes; | ₹20.00 Cr |
Financials
Full financials ↗31 Mar 2023
Assets372.23
Total Income46.19
Profit After Tax10.17
NET Worth82.07
Reserves and Surplus72.66
Total Borrowing247.51
31 Mar 2024
Assets335.86
Total Income63.96
Profit After Tax13.45
NET Worth106.03
Reserves and Surplus90.15
Total Borrowing181.28
30 Sep 2024
Assets351.34
Total Income26.81
Profit After Tax5.04
NET Worth111.07
Reserves and Surplus95.19
Total Borrowing188.62
Trend chart₹ crore
KPIs
| KPI | Jun 30, 2024 |
|---|---|
| ROE | 9.29% |
| ROCE | 12.02% |
| Debt / Equity | 1.70% |
| RoNW | 9.29% |
| PAT Margin | 19.02% |
| Price to Book Value | 24 |
Valuation & shareholding
Pre-IPO EPS8.47
Post-IPO EPS9.28
Pre-IPO P/E19.83
Post-IPO P/E18.11
Promoter holding pre98.91%
Promoter holding post72.25%
Market cap₹365.19 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead manager(s) fees | ₹0.50 Cr |
| Underwriting commission | ₹4.43 Cr |
| Brokerage, selling commission and upload fees. | ₹0.02 Cr |
| Registrars to the issue | ₹0.03 Cr |
| Legal Advisors | ₹0.05 Cr |
| Printing, advertising expenses | ₹0.07 Cr |
| Regulators including stock exchanges | ₹0.04 Cr |
| Others, if any (Peer Review Auditors, Market Maker, Marketing expenses and other misc. expenses like stationery etc.) | ₹3.32 Cr |
Registrar & lead managers
Registrar
Skyline Financial Services Pvt.Ltd.Lead managers
- Unistone Capital Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.