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Open
13 Dec 2023
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Close
15 Dec 2023
3
Allotment
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Listing
Wed, Dec 20, 2023
Price Band
₹469 to ₹493
Issue Size
2,43,40,768 shares (agg. up to ₹1,200 Cr)
Lot Size
30 Shares
Listing Date
Wed, Dec 20, 2023
Latest GMP
₹157
Est. Gain
31.85%
✦ AI Insight
GMP Trend
20-12-2023₹157Est. ₹650+31.85%
19-12-2023₹157Est. ₹650+31.85%
18-12-2023₹160Est. ₹653+32.45%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 27.12x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 4,758.68 | 4,295.59 | 3,221.22 | 2,462.64 |
| Total Income | 398.58 | 606.23 | 459.81 | 322.80 |
| Profit After Tax | 107.35 | 155.34 | 128.45 | 87.39 |
| NET Worth | 1,374.97 | 1,240.53 | 1,076.13 | 937.27 |
| Reserves and Surplus | 1,335.36 | 1,197.98 | 1,033.02 | 894.20 |
| Total Borrowing | 3,272.48 | 2,973.43 | 2,059.40 | 1,480.72 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet future capital requirements towards onward lending | 640.00 |
| 2 | General corporate purposes | 110.92 |
About India Shelter Finance IPO
Incorporated in 1998, India Shelter Finance Corporation Limited, previously known as Satyaprakash Housing Finance India Limited, is engaged in the business of housing finance. The company provides loans for house construction, extension, renovation, and purchase of new homes or plots. The company also offers loans against property (LAP). The company offers loan amounts between Rs. 5 Lakhs to Rs. 50 Lakhs for a tenure of up to 20 years. As of 30th Nov 2023, IndiaShelter has disbursed over Rs. 5500 Crores in loans, helping families own, extend, or improve their homes. As of September 30, 2023, the company has a network of 203 branches spread across 15 states with a presence in Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, and Gujarat. The company's number of branches increased from 115 as of March 31, 2021, to 130 as of March 31, 2022, and 203 as of September 30, 2023. The company pursues a Phygital model which involves a "foot on the street" approach to physical customer service through a network of more than 1,500 customer advisors (as of 30 September 2023) and the digitalization of customer service in all credit and banking processes. India Shelter Finance Corporation Limited
Contact Details
India Shelter Finance Corp.Ltd. Address6 th Floor, Plot No.15Sector 44Institutional AreaGurugram, Haryana, 122002+91 124 413 1800compliance@indiashelter.inVisit Website