74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

India Shelter Finance Corporation IPO (India Shelter Finance Corporation Limited IPO) Detail

India Shelter Finance Corporation IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1200.00 Cr. The company is based in New Delhi and caters to Banking And Finance sector. Ambit , Citigroup Global Markets India , ICICI Securities , Kotak Mahindra Capital Company are the merchant bankers of India Shelter Finance Corporation IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 4th August 2023.

India Shelter Finance Corporation IPO open date is 13th December 2023 and close date is 15th December 2023. IPO Allotment Date is 18th December 2023 and Listing date is 20th December 2023.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 1200.00 Cr. Avg IPO Size (Sector Based) : ₹ 1,777.43 cr.
  • Sector: Banking And Finance IPO so far: 79
  • Merchant Banker: Ambit Private IPO by BRLM so far: 16
  • City: New Delhi IPO so far: 123
  • Revenue (annualised): ₹ 797.16 cr.
            PAT: (annualised): ₹ 214.70 cr. Read Financial Information >>
  • PE Ratio: 8.96x Average Sector PE Ratio: 20.56x

India Shelter Finance Corporation IPO Date

Date of DRHP:
4th August 2023
IPO Open Date:
13th December 2023
IPO Close Date:
15th December 2023
IPO Allotment Date:
18th December 2023
Initiation of Refund:
19th December 2023
IPO Listing Date:
20th December 2023

India Shelter IPO Info, Size, Subscription

India Shelter Finance Corporation IPO size is ₹ 1200.00 Cr. with IPO price of ₹ 493.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 1200.00 Cr.

Issue Price:
₹ 493.00

Market Capitalisation :
₹ 5277.62 Cr.

PE multiple :
8.96

Subscription :
38.59 times

Pre Issue Promoter Holding :
56.75 %

Post Issue Promoter Holding :
48.17 %

India Shelter Finance Corporation IPO Information

Sub Sector : specializing in affordable housing?loans
India Shelter Finance Corporation Limited is a retail-focused affordable housing finance provider with a vast distribution network and scalable technology infrastructure. Between Financial Year 2021 and Financial Year 2023, it experienced a two-year CAGR growth of 40.8% in assets under management (AUM), according to CRISIL. The company primarily targets self-employed individuals, focusing on first-time home loan borrowers in the low and middle-income groups across Tier II and Tier III cities in India, which allows for relatively high yields on advances. In FY 2023, its yield to advances stood at 14.9%, the second-highest in India for that period. The company’s credit and risk management policies, enhanced by technology and data analytics, help maintain asset quality, as evidenced by its gross non-performing assets (GNPA) ratio of 1.13%
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Object of Issue (India Shelter IPO Objectives)

  • To meet future capital requirements towards onward lending
  • General Corporate Purposes

Ambit Private Limited is the book-running lead manager of the India Shelter Finance Corporation IPO. Kfin Technologies Limited is the Registrar for India Shelter Finance Corporation IPO.

India Shelter Finance Corporation IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is India Shelter Finance Corporation IPO?

India Shelter Finance Corporation IPO, based in New Delhi, operates in the   Banking And Finance sector with a focus on specializing in affordable housing?loans. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. India Shelter Finance Corporation IPO size is ₹ 1200.00 Cr. with fresh issue size of ₹ 800.00 Cr. and Offer for sale being ₹ 400.00Cr.

When is India Shelter IPO allotment?

The IPO allotment date for India Shelter Finance Corporation IPO is expected to be 18th December 2023, after the finalization of basis of allotment. Investors can check India Shelter Finance Corporation IPO allotment status on the registrars website, Kfin Technologies Limited . India Shelter Finance Corporation IPO refund dates are 19th December 2023.

When is India Shelter Finance Corporation IPO listing date?

India Shelter Finance Corporation IPO is expected to be listed on 20th December 2023.

What is the price band for India Shelter IPO?

The upper price band for the India Shelter Finance Corporation IPO is set at ₹ 493.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is India Shelter Finance Corporation IPO Review?

For IPO analysis on India Shelter Finance Corporation IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for India Shelter Finance Corporation IPO?

To apply for the India Shelter Finance Corporation IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 15th December 2023. After submission, funds are blocked until the basis of allotment of India Shelter Finance Corporation IPO is finalised.

Who is the merchant banker of India Shelter IPO?

The merchant banker for India Shelter Finance Corporation IPO is Ambit Private Limited , Citigroup Global Markets India Private Limited , ICICI Securities Limited , Kotak Mahindra Capital Company Limited . Ambit Private Limited , Citigroup Global Markets India Private Limited , ICICI Securities Limited , Kotak Mahindra Capital Company Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the India Shelter Finance Corporation IPO RHP for further details.

Who is the Registrar of India Shelter Finance Corporation IPO?

The registrar for India Shelter Finance Corporation IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to India Shelter Finance Corporation IPO through their official website or helpline.

What is the India Shelter Finance Corporation IPO subscription?

India Shelter Finance Corporation IPO was subscribed 38.59 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

India Shelter Finance Corporation IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on India Shelter Finance Corporation Financial Review Page

India Shelter Finance Corporation IPO subscription was 38.59 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

India Shelter Finance Corporation IPO listed at a listing price of 543.50 against the offer price of 493.00.

The current market price of India Shelter Finance Corporation is 886.45.

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