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Usha Financial Services Limited logo

Usha Financial Services Limited IPO

SME IPOListedUSHAFINNSE
Current Market Price (CMP)
₹49.50(-70.54%)
Current Price (CMP)
₹49.50(-70.54%)

Live Market Quote

Listing Price & Gain
₹82(-51.19%)

Day 1 Exchange Open

IPO Issue Price
₹168

Band: ₹160 - ₹168

Total Subscription
17.96x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
24 Oct 2024
IPO Bidding Closes
28 Oct 2024
Allotment & Refunds
Completed
Exchange Listing Day
31 Oct 2024

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 17.96x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription17.96x
Updated as on 28-Oct-2024 17:42:00

Listing Day & Return Performance

Listing Day Gain-51.19%
₹168 (Issue) → ₹82 (List)
Per share profit: ₹-86.00
Holding Return (Till Date)-70.54%
₹168 (Issue) → ₹49.50 (CMP)
Net gain per share: ₹-118.50
Post-Listing Performance (Listing Day → Today):-39.63%

About Usha Financial Services Limited IPO

Usha Financial Services Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 24 Oct 2024 and concluded on 28 Oct 2024, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹160 - ₹168.

During the bidding window, Usha Financial Services Limited witnessed heavy demand with an overall subscription of 17.96 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Usha Financial Services Limited officially debuted on the stock exchanges on 31 Oct 2024 at an opening listing price of ₹82, delivering a listing day return of -51.19% (discount) over the final issue price. As per the latest market data, the stock trades at ₹49.50, representing an overall decline of -70.54% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Usha Financial Services Limited IPO?
The issue price of Usha Financial Services Limited IPO was fixed at ₹168 per equity share. The indicative bidding price band was ₹160 - ₹168.
What were the open, close, and listing dates for Usha Financial Services Limited IPO?
Usha Financial Services Limited IPO opened on 24 Oct 2024, closed on 28 Oct 2024, listed on 31 Oct 2024.
How much was Usha Financial Services Limited IPO subscribed?
The IPO received an overall subscription of 17.96 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Usha Financial Services Limited IPO?
Usha Financial Services Limited IPO listed on the stock exchange at ₹82, delivering a listing discount of 51.19% compared to the IPO issue price of ₹168.
Is Usha Financial Services Limited IPO a Mainboard or SME IPO?
Usha Financial Services Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Usha Financial Services Limited IPO since its IPO?
At the latest market quote of ₹49.50, Usha Financial Services Limited IPO has generated an all-time return of -70.54% since its initial public offering.

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