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Usha Financial Services Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Usha Financial Services Ltd IPO

Registered Office: 330 Mezanine Floor Functional-,Industrial Estate , Patparganj - 110092 , Delhi , India.
Phone : 011 4701 9079   Fax:
Email :  compliance@ushafinancial.com  
Website :  www.ushafinancial.com
Initial public offering of up to 58,60,000 equity shares of (Rs)10/- each ("Equity Shares") of Usha Financial Services Limited ("Usha Financial" or "UFSL" or the "Company") for cash at a price of (Rs)168/- per equity share (the "Issue Price"), aggregating to (Rs)98.45 crores ("The Issue"). Out of the issue, 3,20,800 equity shares aggregating to (Rs)5.39 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 55,39,200 equity shares of face value of (Rs)10/- each at an issue price of (Rs)168/- per equity share aggregating (Rs)93.06 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.96 % and 25.48 %, respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
24-Oct-24 28-Oct-24 (Rs)168.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :800

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Narnolia Financial Services Ltd
Project Financed through Current Offer 98.45  
Post Issue Equity Share Capital 21.74  
Issue Price (Rs)168.00  
 
Projects
Augment the capital base of the companyGeneral corporate purposes
Promoted By
Rajesh Gupta  
Anoop Garg  
Geeta Goswami  
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt