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Open
24 Oct 2024
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Close
28 Oct 2024
3
Allotment
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Listing
Thu, Oct 31, 2024
Price Band
₹160 to ₹168
Issue Size
58,60,000 shares (agg. up to ₹98 Cr)
Lot Size
800 Shares
Listing Date
Thu, Oct 31, 2024
Latest GMP
₹9
Est. Gain
5.36%
✦ AI Insight
GMP Trend
31-10-2024₹9Est. ₹177+5.36%
30-10-2024₹9Est. ₹177+5.36%
29-10-2024₹10Est. ₹178+5.95%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 13.74x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 351.34 | 335.86 | 372.23 | 164.28 |
| Total Income | 26.81 | 63.96 | 46.19 | 25.31 |
| Profit After Tax | 5.04 | 13.45 | 10.17 | 4.14 |
| NET Worth | 111.07 | 106.03 | 82.07 | 47.68 |
| Reserves and Surplus | 95.19 | 90.15 | 72.66 | 41.09 |
| Total Borrowing | 188.62 | 181.28 | 247.51 | 97.23 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| IBL Finance Ltd. | SME | ₹33.41 Cr | ₹51 | 48.08 | ₹58.80 | +15.29% | ₹61.00 (+1.67%) |
| Manba Finance Ltd. | Mainboard | ₹150.84 Cr | ₹120 | 14.39 | ₹157.45 | +31.21% | ₹136.20 (+0.89%) |
| Northern Arc Capital Ltd. | Mainboard | ₹777.00 Cr | ₹263 | 11.78 | ₹323.40 | +22.97% | ₹314.30 (-0.76%) |
| Akme Fintrade (India) Ltd. | Mainboard | ₹132.00 Cr | ₹120 | null | ₹133.35 | +11.12% | ₹9.46 (+2.37%) |
| Fedbank Financial Services Ltd. | Mainboard | ₹1,092.26 Cr | ₹140 | 25.04 | ₹140.25 | +0.18% | ₹161.39 (-2.12%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Augment the capital base of the Company | 70.00 |
| 2 | To meet out the General Corporate Purposes; | 20.00 |
Contact Details
Usha Financial Services Ltd. Address330, Mezanine Floor Functional Industrial EstatePatparganjDelhi, New Delhi, 110092011 47019079compliance@ushafinancial.comVisit Website