Usha Financial Services Ltd

Usha Financial Services Limited was incorporated as a Private Limited Company as 'Usha Financial Services Private Limited' with Registrar of Companies, Delhi dated May 16, 1995. Further, Company converted the status into a Public Limited Company from 'Usha Financial Services Private Limited' to 'Usha Financial Services Limited' & Registrar of Companies, Delhi issued a new Certificate of Incorporation dated October 12, 2022. The initial promoters were Mr. Satya Parkash Gupta and Ms. Usha Gupta. Thereafter, in financial year 2014- 15, Mr. Rajesh Gupta and Mr. Anoop Garg acquired the majority shareholding in the Company. The Company is a non-banking finance company (NBFC) registered with the Reserve Bank of India as a NBFC-ICC (Investment & Credit) - base layer- non-systemically important non-deposit taking NBFC. It provide lending solutions to fellow NBFCs and corporates, MSMEs, and individual, particularly to women entrepreneurs. Their services also extend to Electric vehicle (EV) financing. They provide a diversified range of financial products to individuals, body corporates, NBFCs and MSMEs. The Company launched the IPO by issuing 58,60,000 equity shares of face value of Rs 10 each by raising funds of Rs 98.45 crores in October, 2024. In FY 2025, Assets Under Management (AUM) of the Company stood at Rs. 410.70 crore. Total disbursements by the company crossed Rs 470 crore, reflecting strong demand across MSMEs, NBFC-on-lending, and other segments. Net worth of the company almost doubled down to Rs 211.15 crore, further strengthening the balance sheet. Capital to Risk-Weighted Assets Ratio (CRAR) improved to 49.78%, significantly above the regulatory requirement, ensuring financial strength for future expansion. Company expanded into priority segments, including micro-entrepreneurs, small businesses, and emerging areas such as electric vehicle financing though on-lending to NBFCs and its own branches.