Usha Financial Services Limited, established in 1995 and converted into a public entity in 2022, operates as a non-banking financial company (NBFC) under the Reserve Bank of India's guidelines. It specializes in providing investment and credit services as a non-systemically important, non-deposit taking NBFC. The company offers a diverse portfolio of financial products targeting fellow NBFCs, corporates, MSMEs, and individuals, with a strong focus on women entrepreneurs. Additionally, Usha Financial Services is engaged in Electric Vehicle (EV) financing, reflecting its commitment to emerging sectors.
The company is in the process of expanding its financial base by proposing a fresh issue of 5,860,000 equity shares, indicating its strategy for growth and increased market presence. This expansion is supported by its diversified lending solutions and focus on underserved segments, which may offer potential growth opportunities for investors seeking exposure in the NBFC sector.
