Usha Financial Services Limited IPO Subscriptions Status Live Today
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October 24, 2024 - October 28, 2024
Closed
Usha Financial Services Limited IPO Details
Issue Open |
24 October 2024 |
Issue Close |
28 October 2024 |
IPO Price |
₹160 to ₹168 per
equity share |
Face Value |
₹10 per equity share |
IPO Size |
₹98.45 Cr. |
Listing At |
NSE, SME |
IPO Lot
Size |
800 Shares |
IPO Investor Categories
- Qualified Institutional Buyers (QIB)- Qualified Institutional Buyers (QIBs) are typically large, financially investors, such as the mutual funds, insurance companies, pension funds, & hedge funds, who are considered to have the expertise and resources to evaluate investment opportunities. QIBs must meet certain financial criteria set by the Securities and Exchange Board of India (SEBI) to participate in an Initial Public Offering IPO. They are allowed to bid for shares at a price lower than the price at which shares are offered to retail investors.
- Non-Institutional
Investors (NII) - Non-Institutional Investors
(NIIs) - Non-Institutional Investors (NIIs), on the other hand, are generally
individual investors, high net worth individuals (HNIs), or corporations who do
not meet the financial criteria to be classified as QIBs and are allowed to
participate in Initial Public offering IPOs at the same valuation as retail
investors.
NII category has two subcategories:
1. sNII -
"sNII" means
"small non-institutional investor". This sub-category includes
investors who have created shares worth ₹2 lakh and ₹10 lakh in Initial Public
Offering IPO.
2. bNII - "bNII" means "large investor other than institutional investor". This sub-category includes investors who have created shares worth more than ₹10 lakhs in Initial Public Offering IPO.
- Retail
Individual Investors (RII) - Retail Individual Investors
(RIIs) are individual investors who apply for shares worth up to ₹2 lakh in Initial
Public Offering IPOs to encourage retail participation in the IPO process.
- Employee (EMP)- In an Initial Public Offering IPO, the category of Employees (EMP) is reserved for the employees, directors and associate employees of the issuing company, and the shares to be allocated to this category by the issuing company is determined by the main administrator of the Initial Public offering IPO.
- Others- The groups of qualified shareholders or other investors with reserved Initial Public Offering IPO quotas.
·
Frequently Asked Question
You will receive on Usha Financial Services Limited IPO shares in your Demat account on October 29, 2024, if allotted.
Opening date of Usha Financial Services Limited IPO is October 24, 2024.
usha financial services share price Shares will be listed at NSE SME.
The meaning of " Usha Financial Services Limited IPO " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Usha Financial Services Limited IPO on the current day.
Minimum and maximum order quantity is 1 lot only.
Usha Financial Services Limited IPO allotment Products share price ₹160 to ₹68 per share.
The face value of usha financial services private limited is ₹10 per share.
Usha Financial Services Limited IPO shares will get listed on October 31, 2024.
Closing date of Usha Financial Services Limited IPO is October 28, 2024.
Lot size of the usha financial services pvt ltd is 800 shares.
Post-issue shareholding of the Usha Financial Services Limited IPO promoter is 72.24%.
If you do not get the allotment of on usha financial services private limited, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The IPO application is an online process using UPI or ASBA as the payment method. ASBA IPO application is already available in pure banking of your own bank account and UPI application is provided by your Stockbroker, you can invest in usha financial services ltd using any convenient method at your convenience.
Pre-issue shareholding of the Usha Financial Services Limited IPO promoter is 98.91%.
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