Usha Financial Services made a subdued debut on the NSE SME platform on October 31, opening at Rs 164, which is 2.4% below its issue price of Rs 168. The IPO, valued at Rs 98.45 crore, involved a fresh issuance of 58.6 lakh shares, with bidding taking place from October 24 to 28. Retail investors needed a minimum investment of Rs 1.34 lakh, while high-net-worth investors required Rs 2.69 lakh.