Truhome Finance, an affordable housing finance company in India, is aiming to launch a ₹3,000 crore IPO by next month.
Warburg-backed TruHome Finance is currently organizing a meeting with potential investors, fund managers, and institutions to discuss the IPO launch after acquiring the SEBI’s approval.
The book-running lead managers to the issue are JM Financial, IIFL Capital Services, Jefferies India, and Kotak Mahindra Capital.
Sources said the firm decided to move ahead with its IPO plan due to the recent improvement in the stock market and positive investor sentiment.
The final valuation of the IPO is yet to be finalized. However, the bankers said that the IPO may be valued in line with peers like Aavas Financiers and Home First Finance Company, around ₹11,000 crore.
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.
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.
Previously, Truhome Finance was a subsidiary of Shriram Finance Limited and was called Shriram Housing Finance.
Financially, in FY25, the firm reported a profit of ₹286.2 crore, a 31.6% increase from the previous year’s ₹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
