Usha Financial Services IPO
listed
₹1.28LMin. investment
Usha Financial Services IPO IPO Details
Issue size
₹98.45Cr
IPO type
SME
Price range
₹160 – ₹168
Listing date
31 Oct 2024
Lot size
800 shares
RHP/DRHP
Read
Price range₹160 – ₹168
IPO type
SME
Lot size800 shares
Issue size₹98.45Cr
RHP/DRHP
Read
Usha Financial Services IPO Timeline
- Bid start24 Oct 2024
- Bid end28 Oct 2024
- Allotment26 Oct 2024
- Release of funds30 Oct 2024
- Demat transfer29 Oct 2024
- Listing31 Oct 2024
Usha Financial Services Limited is an India-based non-banking finance company (NBFC). The Company provides lending solutions to fellow NBFCs and corporates; micro, small, and medium enterprises (MSMEs), and individual, particularly to women entrepreneurs. Its services also extend to electric vehicle (EV) financing. Its business model includes retail lending and wholesale lending. Its retail lending business model includes green finance lending, and MSMEs including shopkeepers and individual. Under the green finance lending, it provides financial support for initiatives that promote environmental sustainability, such as EV and E-battery financing. This lending is facilitated through authorized dealers who distribute and support these EV and E- Battery. Under the wholesale lending business model, the Company offers financing solutions to fellow NBFCs for further lending to individual consumers or businesses and other body corporates for their working capital requirement.
Usha Financial Services IPO Contact Details
Company NameUsha Financial Services IPO
How to apply for Usha Financial Services IPO?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.