India Shelter Finance Corporation Limited

Company Profile
Company Name India Shelter Finance Corporation Limited
Open Date 13-12-2023
Close Date 15-12-2023
Exchange BSE, NSE
Lot Size 30 Shares
Issue Price ₹469 to ₹493 per share
Issue Size 2,43,40,771 Equity Shares
Application Amount Min. Inv. - ₹ 14,790 (30 shares) Max. Inv. – ₹ 192,270 (390 shares)
Recommendation Apply

India Shelter Finance Corporation Limited was incorporated in the year 1998 and has its registered office in Gurugram, Haryana. The company is a retail-focused affordable housing finance company with an extensive distribution network comprising 203 branches. The company has a scalable technology infrastructure across its business operations and throughout the loan life cycle. The company’s target segment is self-employed customers 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. As of 30th September 23, the Company had 2,997
employees on its payroll.

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Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Sep-23
Total Assets 2,462.64 3,221.22 4,295.59 4,758.68
Net Assets 937.27 1,076.13 1,240.53 1,374.97
Total Borrowings 1,480.72 2,059.40 2,973.43 3,272.48
Total Revenue 322.80 459.81 606.23 398.57
Profit After Tax 87.39 128.45 155.34 107.34

Tentative Timeline

Opening Date 13/12/2023
Closing Date 15-12-2023
Basis of Allotment 18-12-2023
Initiation of Refunds 19-12-2023
Credit of Shares to Demat 19-12-2023
Listing Date 20-12-2023

Objects of the Issue

To fund capital requirements towards onward lending.
General corporate purposes.

Contact Information

Registered Office India Shelter Finance Corporation Limited - 6 th Floor, Plot No. 15 Sector 44, Institutional Area, Gurugram - 122 002
Phone +91 124 413 1800
Email compliance@indiashelter.in
Website https://www.indiashelter.in/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email indiashelter.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 56.75%
Share Holding Post Issue (Promoters) 48.17%

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