Usha Financial Services debuts 2.4% below issue price on NSE SME
Thu, Oct 31, 2024 10:36 AM

Usha Financial Services debuts 2.4% below issue price on NSE SME

A Flip by Avya Verma
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Usha Financial Services' IPO listed at a 2.4% discount on the NSE SME platform, opening at Rs 164 compared to the issue price of Rs 168, despite receiving a strong response with an overall subscription of 19.4 times. The company aims to use the proceeds to strengthen its capital base and support general corporate purposes.

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