Usha Financial Services Ltd - IPO

Usha Financial Services Ltd IPO Details

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.

Objective of issue

Augment the capital base of the company. General corporate purposes.

Usha Financial Services Ltd Contact Details

Usha Financial Services Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - compliance@ushafinancial.com

Website - www.ushafinancial.com