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Usha Financial Services IPO Ended with 17.96x Subscription on Day 3, Read More!

News by Aliceblue News Desk

28 Oct 2024

Usha Financial Services IPO Ended with 17.96x Subscription on Day 3, Read More!

Usha Financial Services IPO reached a subscription level of 17.96 times by Day 3, indicating strong investor interest and demand for shares well beyond the initial offering. This robust uptake highlights the market’s positive reception towards Usha Financial’s financial prospects.

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Usha Financial Services Limited IPO Subscription Status

Usha Financial Services IPO reached a subscription level of 3.13 times the available shares by Day 2, reflecting a strong investor interest in the company’s market potential. This robust uptake indicates confidence in Usha Financial’s financial prospects and business model.

How to check Usha Financial Services IPO Subscription Status?

Steps to check Usha Financial Services Limited IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Usha Financial Services Limited IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Usha Financial Services Limited IPO Allotment Status

The allotment date for the Usha Financial Services Limited IPO is set for October 29, with shares priced from ₹160 to ₹168 per share and a face value of ₹10. The offering consists of lots of 800 shares, with bids accepted for these lots or their multiples.

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Usha Financial Services Limited IPO Listing Date 

Usha Financial Services Limited IPO is expected to be listed on the NSE SME on October 31, 2024.

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