October 24, 2024 - October 28, 2024

Usha Financial Services IPO Subscription Details

Usha Financial Services IPO Subscription Status Live

Usha Financial Services IPO subscribed 19.37 times. The public issue subscribed 20.76 times in the retail category, 10.04 times in QIB, and 28.55 times in the NII category by October 28, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	10.04	1,108,000	1,11,27,200	186.94
Non-Institutional Buyers*	28.55	831,200	2,37,28,000	398.63
Retail Investors	20.76	1,939,200	4,02,55,200	676.29
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	19.37	3,878,400	7,51,10,400	1,261.85

Total Application : 54,359 (22.43 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 320,800 equity shares not included.

Usha Financial Services IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 October 24, 2024	1.07	2.02	1.25	1.36
Day 2 October 25, 2024	1.07	3.26	4.72	3.37
Day 3 October 28, 2024	10.04	28.55	20.76	19.37

Usha Financial Services IPO Shares Offered

Usha Financial Services IPO is a public issue of 5,860,000 equity shares. The issue offers 1,939,200 shares to retail investors, 1,108,000 shares to qualified institutional buyers, and 831,200 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	1,660,800	27.90	28.34%
Market Maker	320,800	5.39	5.47%
QIB	1,108,000	18.61	18.91%
NII*	831,200	13.96	14.18%
Retail	1,939,200	32.58	33.09%
Total	5,860,000	98.45	100%

Usha Financial Services IPO Anchor Investor Allocation

A total of 1,660,800 shares at a price of Rs 168 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	Copthall Mauritius Investment Limited	298,400	168	17.97	50,131,200
2	Nav Capital VCC	357,600	168	21.53	60,076,800
3	Kingsman Wealth Fund PCC	238,400	168	14.35	40,051,200
4	Persistent Growth Fund	168,000	168	10.12	28,224,000
5	Compact Structure Fund	119,200	168	7.18	20,025,600
6	Saint Capital Fund	89,600	168	5.39	15,052,800
7	Next Orbit Growth Fund	89,600	168	5.39	15,052,800
8	ARROW EMERGING OPPORTUNITIES FUND LIMITED	60,000	168	3.61	10,080,000
9	Zeta Global Fund	60,000	168	3.61	10,080,000
10	Veer Quant Fund	60,000	168	3.61	10,080,000
11	Acintyo Investment Fund PCC	60,000	168	3.61	10,080,000
12	Moneywise Financial Services Pvt. Ltd.	60,000	168	3.61	10,080,000
		1,660,800		100	279,014,400

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Usha Financial Services IPO Subscription FAQs

The Usha Financial Services IPO is subscribed 19.37 by October 28, 2024.