Truhome Finance, an affordable housing finance company in India, has received the SEBI approval to raise ₹3,000 crore via Initial Public Offering (IPO).
The firm gained SEBI’s approval on June 1 to raise ₹1,500 crore via fresh issue and ₹1,500 crore via the Offer for Sale component by promoter Mango Crest.
The book-running lead managers to the issue are JM Financial Limited, IIFL Capital Services Ltd (formerly known as IIFL Securities Ltd), Jefferies India Private Limited, and Kotak Mahindra Capital Company Ltd.
The proceeds raised from the fresh issue will be used to:
- Strengthen the company’s capital base.
- To support future capital requirements and lending activities.
- Towards general corporate purposes.
- To help maintain RBI-prescribed capital adequacy requirements.
- To drive business growth and expand lending operations.
Incorporated in 2010, Truhome Finance is a leading affordable housing finance company that offers various financial solutions like housing loans, loans against property, and others. Their focus is to provide affordable and accessible housing finance solutions catering to self-employed customers.
As of December 31, 2025, its assets under management (AUM) stood at ₹107.230 crore. The firm has a diversified distribution network across metro, Tier I, Tier II, and Tier III cities in India.
Previously, Truhome Finance was a subsidiary of Shriram Finance Limited and was called Shriram Housing Finance. However, in 2024, another company called Mango Crest bought it.
Financially, in FY25, the firm reported a profit of ₹286.2 crore, a 31.6% increase from the previous year’s profit of ₹217.4 crore. In FY25, revenue also increased to ₹1,905.48 crore, up from ₹1,425.34 crore in FY24.
Truhome Finance IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | To be Updated Soon |
Truhome Finance Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT |
| 2023 | ₹780.50 | ₹610.53 | ₹137.75 |
| 2024 | ₹1,425.35 | ₹1135.03 | ₹217.44 |
| 2025 | ₹1,905.48 | ₹1535.09 | ₹286.24 |
| Dec 2025 | ₹1,807.36 | ₹1372.10 | ₹333.54 |
Truhome Finance IPO Valuation – FY2025
Truhome 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.
| Earning Per Share (EPS): | ₹7.34 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 8.33% |
| Net Asset Value (NAV): | ₹86.78 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Aadhar Housing Finance Limited | 21.43 | 21.72 | 14.31 | 147.72 | 3108.91 Cr. |
| Aavas Financiers Limited | 72.54 | 17.12 | 13.17 | 550.96 | 2358.42 Cr. |
| Aptus Value Housing Finance India Limited | 15.04 | 15.22 | 17.40 | 86.37 | 1798.40 Cr. |
| Home First Finance Company Limited | 42.83 | 25.53 | 15.15 | 279.97 | 1539.20 Cr. |
| India Shelter inance Corporation Limited | 35.18 | 20.50 | 13.95 | 251.05 | 1175.93 Cr. |
Objects of the Issue
- Augmenting the capital base of the Company to meet future capital requirements including onward lending, arising out of the growth of the business
