ListedSMEUSHAFIN

Usha Financial Services IPO

Usha Financial Services IPO is an SME IPO raising ₹98 Cr at ₹160 – ₹168 a share. It listed on 31 Oct 2024 at ₹164, −2.4% against its issue price of ₹168, and trades at ₹50 today (−70.2% since issue). It was subscribed 0.00× in total.

Get alerts on this company Company page Prospectus ↗

₹168

Issue price

₹50

Price now

−70.2%

Since issue price

31 Oct 2024

Listed on

0.00×Subscribed (final) · all exchanges

No bids yet

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹160 – ₹168

Cut-off price₹168

Issue size₹98 Cr

Shares per lot800

Minimum application₹1,34,400

Minimum quantity800

Face value₹10

Listing exchanges—

ISININE0LS001014

Bidding hours10:00 – 17:00 IST

Bidding window24 Oct 2024 – 28 Oct 2024

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.