India Shelter Finance IPO Date, Review, Price, Allotment Details

India Shelter Finance is a retail-focused affordable housing finance company with an extensive distribution network and a scalable technology infrastructure. Between Financial Year 2021 and Financial Year 2023, the company witnessed a two-year CAGR growth of 40.8% in terms of assets under management (“AUM”) (Source: CRISIL Report).

India Shelter Finance’s target segment is the self-employed customer with a focus on first-time home loan takers in the low and middle-income groups in Tier II and Tier III cities in India. For the Financial Year 2023, our yield to advances was 14.9%, which was the second highest in India for such a period (Source: CRISIL Report).

They have an extensive and well-established network of 183 branches spread across 15 states with a significant presence in the states of Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, and Gujarat wherein their branch vintage is five years and above, as of March 31, 2023. They have a presence in states which cover 94% of the affordable housing finance market in India, as of March 31, 2023 (Source: CRISIL Report).

Objects of the Issue

• to meet future capital requirements towards onward lending; and
• general corporate purposes.

India Shelter Finance IPO Review (Apply or Not)

• May Apply

Brokerage Firm IPO Review

• Swastika Investmart Ltd: May apply

India Shelter Finance IPO Date & Price Band Details

India Shelter Finance IPO Market Lot

The India Shelter Finance IPO minimum market lot is 30 shares with ₹14,790 application amount. The retail investors can apply up-to 13 lots with 390 shares or ₹192,270 amount.

India Shelter Finance IPO Allotment & Listing Dates

The India Shelter Finance IPO date is December 13 and the close date is December 15. The India Shelter Finance IPO allotment will be finalized on December 18 and the IPO listing on December 20.

You can check IPO subscription status and IPO allotment status on their respective pages.

India Shelter Finance IPO Form

How to apply for the India Shelter Finance IPO? You can apply for India Shelter Finance IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the India Shelter Finance IPO in the Invest section. The other option is you can apply for India Shelter Finance IPO via IPO forms downloaded via NSE and BSE. Check out the India Shelter Finance forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

India Shelter Finance Company Financial Report

India Shelter Finance IPO Valuation – FY2023

Check India Shelter Finance IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Aptus Value Housing Finance India Limited
• Aavas Financiers Limited
• Home First Finance Company India Limited

Company Promoters

• Anil Mehta
• WestBridge Crossver Fund, LLC
• Aravali Investment Holdings

India Shelter Finance IPO Registrar

KFin Technologies Limited
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222 / 1800 309 4001
E-mail: [email protected]
Website: www.kfintech.com

India Shelter Finance IPO Allotment Status Check

Check India Shelter Finance IPO allotment status on KFintech website allotment URL. Click Here

India Shelter Finance IPO Lead Managers aka Merchant Bankers

• ICICI Securities Limited
• Citigroup Global Markets India Private Limited
• Kotak Mahindra Capital Company Limited
• Ambit Private Limited

Company Address

India Shelter Finance Corporation Limited
3rd Floor, Upper Ground Floor, and Lower Ground Floor,
Plot No. 15, Institutional Area,
Sector 44, Gurugram 122 002, Haryana
Phone: +91 124 413 1800
Email: [email protected]
Website: www.indiashelter.in

India Shelter Finance IPO FAQs