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Usha Financial IPO Draws Big Interest, Subscribes 3.13x on Day 2, Know More!

Usha Financial Services IPO was subscribed 3.13 times by Day 2, showing strong investor interest and confidence in the company's financial prospects and business model.
Usha Financial IPO Draws Big Interest, Subscribes 3.13x on Day 2, Know More!

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.

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Usha Financial Services Limited IPO Subscription Status

Usha Financial Services IPO saw a subscription of 1.24 times the available shares on Day 1, indicating a moderate start to its market entry. This level of interest suggests cautious optimism among investors about the company’s future growth and market positioning.

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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