Usha Financial Services IPO

Usha Financial Services IPO: Fresh issue of 58.6 lakh shares worth ₹98.45 crore to boost capital base and meet general corporate requirements.

Important Details

Open Date : October 24, 2024 Close Date : October 28, 2024 Allotment Date: October 29, 2024 Listing Date: October 31, 2024

Important Details

IPO Price: INR 160-168 per share Lot Size: 800 Shares Total Issue Size: INR 98.45 crores

Fundamental Analysis

Usha Financial Services IPO shows mixed performance: 1. 38.5% revenue growth in FY2024, slowed in FY2025. 2. Profitability up, but EPS and RoNW fell. 3. Debt-equity improved; NAV per share dropped.

Peer Comparison

1. Usha Financial: PAT ₹1,344.95 lakhs, EPS ₹8.64, RoNW 14.30%, NAV ₹66.78. 2. IBL Finance: PAT ₹228.35 lakhs, EPS ₹1.17, RoNW 8.47%, P/E ratio 65, NAV unavailable.

Objective

Usha Financial Services IPO Objective: 1. ₹70 crores will boost Usha Financial's capital base for expansion. 2. Remaining funds for corporate and operational expenses.

Risks And Challenges

Usha Financial Services IPO Risks: 1. Usha Financial is vulnerable to credit quality issues. 2. 40% revenue reliance on top customers poses risks. 3. Regulatory changes may raise costs and penalties.