| Initial public offering of up to 58,60,000 equity shares of Rs. 10/- each ("Equity Shares") of Usha Financial Services Limited ("Usha Financial" or "UFSL" or the "Company") for cash at a price of Rs. [*]/- per equity share (the "Issue Price"), aggregating to Rs. [*] crores ("The Issue"). Out of the issue, 3,20,800 equity shares aggregating to Rs. [*] crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 55,39,200 equity shares of face value of Rs. 10/- each at an issue price of Rs. [*]/- per equity share aggregating Rs. [*] crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.96 % and 25.48 %, respectively of the post issue paid up equity share capital of the company.
Price Band: Rs. 160 to Rs. 168 per equity share of face value of Rs. 10 each.
The Floor price is 16.0 times the face value of the equity shares and cap price is 16.80 times the face value of the equity shares.
Bid can be made for a minimum of 800 equity shares and in multiples of 800 equity shares.
|