Usha Financial Services IPO — Listing Performance

Usha Financial Services IPO facts & figures

Issue categorySME
Issue open date24 Oct 2024
Listing date31 Oct 2024
Issue price₹168
Listing-day close₹155.85 (-7.23%)
Recent market price₹50 (-70.24% vs issue)
52-week range₹27 – ₹56.10
IdentifiersNSE: USHAFIN · ISIN: INE0LS001014

How the listing went

Usha Financial Services listed at a discount, closing its first day 7.23% below the issue price.

Usha Financial Services against every other debut on record

  • Rank in 2024: 242 of 262 NSE debuts, on a -7.23% first-day close.
  • 6th percentile of 176 SME debuts in 2024 (median 41.27%).
  • 21st of 24 debuts in October 2024.
  • Opened 2.38% below issue, then gave up 4.85 points to the close.
  • Day-one range ₹155.80 to ₹168: a 7.26% swing on the issue price.
  • Last close ₹50 (10 Sep 2026): 70.24% below issue, against -7.23% on day one.
  • 79% up its 52-week range of ₹27 to ₹56.10.
  • Priced at the top of the ₹160 to ₹168 band.
  • Listed 3 calendar days after close.
  • All 601 SME debuts on record: median 14.22%, 79% closed above issue.

Computed over 1109 verified NSE debuts to 11 Sep 2026 · sources

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