India Shelter Finance IPO Details: India Shelter Finance IPO date is fixed, the IPO application process is going to open on December 12, 2023 and will close on December 14, 2023. India Shelter Finance is going to raise around ₹ ₹ 1200 crores via IPO that comprises fresh issue of ₹ 800 crores and offer for sale of ₹ 400 crores with face value of 10 each share. The retail quota for this IPO is 35%, QIB is 50%, and HNI is 15%.
India Shelter Finance Corporation is a company that provides home loans and loans against property to low and middle-income customers in India. The company was founded in 1998 and has a network of 209 branches across 15 states as of October 2023. The company aims to promote affordable housing initiatives and enhance financial inclusivity for the self-employed segment in Tier II and Tier III cities in India.
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The company has received funding from various investors, such as Norwest Venture Partners, Motilal Oswal Private Equity, and HDFC Bank2. The company also has a subsidiary, India Shelter Capital Finance Limited, which was incorporated in 2022 and has a paid-up capital of INR 12 crore. The company offers competitive interest rates, quick loan processing, and flexible repayment options to its customers1. The company also has a website where customers can apply for loans, calculate their EMI, and find the nearest branch1. The company has received positive reviews from its clients, who appreciate its customer service, transparency, and hassle-free loan experience.
Objects of the Issue:
- To meet future capital requirements towards onward lending.
- To Meet general corporate purposes.
India Shelter Finance IPO Date & Price Band Details
| IPO Open: | December 13, 2023 |
| IPO Close: | December 15, 2023 |
| IPO Size: | Aprox ₹ 1200 Crores |
| Fresh Issue: | Aprox ₹800 Crores |
| Offer for Sale: | Aprox ₹ 400 Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹ 469 to 493 Per Share |
| IPO Listing Date: | December 20, 2023 |
| IPO Listing On: | BSE & NSE |
| IPO Retail Quota: | 35% |
| IPO NII Quota: | 15% |
| IPO QIB Quota: | 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
India Shelter Finance IPO Allotment & Listing Dates
The India Shelter Finance IPO date is 12 December 2023 and the close date is 14 December, 2023. The India Shelter Finance IPO allotment will be finalized on 2023 and the IPO may be list on 2023.
| Anchor Investors Allotment: | December 12, 2023 |
| IPO Open Date: | December 13, 2023 |
| IPO Close Date: | December 15, 2023 |
| IPO Allotment Date: | December 18, 2023 |
| Refunds Date: | December 19, 2023 |
| Credit to Demat Account: | December 19, 2023 |
| IPO Listing Date: | December 20, 2023 |
India Shelter Finance IPO Market Lot
The India Shelter Finance IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
| Application | Lot Size | Share | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 30 | ₹ 14,790 |
| Retail Maximum | 13 | 390 | ₹ 1,92,270 |
| S-HNI Mimimum | 14 | 420 | ₹2,07,060 |
| B-HNI Maximum | 68 | 4020 | ₹ 10,05,720 |
Brokerage Firm Review: (Apply or Not)
- Arihant Capital: To be updated Soon
- Capital Market: To be updated Soon
- Hem Security: To be updated Soon
- IDBI Capital: To be updated Soon
- Religare Broking: To be updated Soon
You can check India Shelter Finance IPO Latest GMP Price Click Here.
India Shelter Finance Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹ 323 | ₹ 210 | ₹ 87.39 |
| 2022 | ₹ 460 | ₹ 293 | ₹ 128.45 |
| 2023 | ₹ 606 | ₹ 404 | ₹ 155.34 |
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.
| Earning Per Share (EPS): | ₹ 17.75 per Equity Share |
| Price to Earning (P/E) Ratio: | 27.77 |
| Return on Net Worth (RoNW): | 13.4 % |
| Net Asset Value (NAV): | ₹ 141.38 per Equity Share |
India Shelter Finance Company Promoters
- Anil Mehta
- WestBridge Crossver Fund, LLC
- Aravali Investment Holdings
India Shelter Finance Peer Group Companies
| Company Name | Face Value | PE Ratio | PB Ratio |
|---|---|---|---|
| Aptus Value Housing Finance India Limited | 2 | 27.03 | 4.46 |
| LIC Housing Finance Ltd | 2 | 7.03 | 1.06 |
| Aavas Financiers Ltd | 10 | 25.66 | 3.66 |
| Can Fin Homes Ltd | 2 | 16.02 | 2.90 |
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: indiashelter.ipo@kfintech.com
Website: www.kfintech.com
India Shelter Finance IPO Allotment Status Check
Check India Shelter Finance IPO allotment status on Linkintime website allotment URL. Click Here
India Shelter Finance 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: compliance@indiashelter.in
Website: www.indiashelter.in
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 in the Invest section. The other option is you can apply for India Shelter Finance and Distillers 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 IPO FAQs
India Shelter Finance IPO is a main-board IPO. The company is going to raise ₹ 1350 Crores via IPO that comprises fresh issue of ₹950 crores and offer for sale up to ₹400crores of ₹10 each. The issue is priced at ₹[.] to ₹[.] pr equity share.
The India Shelter Finance IPO is going to open on December 12, 2023 for QIB, NII, and Retail Investors.
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
You can apply for India Shelter Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
India Shelter Finance IPO size is ₹1200 crores.
The Price Band for India Shelter Finance IPO is ₹469 to ₹493.
The minimum bid is 30 Shares with ₹14,790 amount while the maximum bid is 390 shares with ₹1,92,270 for retail investors.
India Shelter Finance IPO allotment date is December 18, 2023.
India Shelter FinanceIPO listing date is December 20, 2023. The IPO is going to list on BSE and NSE both.