Usha Financial Services Limited IPO (Usha Financial Services IPO) Details

Usha Financial Services Limited, incorporated in May 1995, stands as a pioneering non-banking financial company (NBFC) delivering tailored financial solutions to NBFCs, corporates, MSMEs, and individuals, with a dedicated focus on empowering women entrepreneurs. The company is at the forefront of the Electric Vehicle (EV) financing revolution, driving sustainable growth through innovative lending options.

With a robust Assets Under Management (AUM) of ₹30,695.76 Lakhs and a solid Net Worth of ₹10,602.63 Lakhs as of FY 2024, Usha Financial Services showcases its financial strength, operating with a strong Capital to Risk (Weighted) Assets Ratio (CRAR) of 33.03% and an efficient Debt to Equity (D/E) ratio of 1.71. Its long-standing partnerships with leading financial institutions, including four banks and 15 NBFCs, demonstrate its reliability and market credibility.

The company’s diversified product portfolio is designed to serve a wide spectrum of clients, offering retail lending services to individuals and wholesale lending to corporates and NBFCs. Usha Financial is a key enabler for MSMEs and focuses on bridging financial gaps, particularly for women-led enterprises, fostering entrepreneurial success and economic empowerment.

Founded originally in 1955 in Patparganj, Delhi, Usha Financial Services Limited has continuously evolved with the financial landscape, staying ahead by anticipating market needs and adapting to emerging trends. The company's vision is to become a market leader, fostering growth and development by delivering accessible, credible, and affordable financial solutions. In FY 2024, the company achieved a remarkable increase in its net worth from ₹8,207.38 Lakhs in FY 2023 to ₹10,602.63 Lakhs, reflecting its upward trajectory and financial discipline.

With a clear commitment to empowering consumer and business growth, Usha Financial Services continues to expand its footprint in the EV financing space while maintaining a customer-centric approach, providing innovative financial products that are sustainable and scalable for future success.