247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

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

India Shelter Finance Corporation Limited is an Banking And Finance based company, located in New Delhi, India Shelter Finance Corporation Limited IPO size was 1200.00 Cr. and was issued at 493.00 per share. The share of India Shelter Finance Corporation Limited were listed at 543.50 per share and are currently trading at 658.50 per share.

Type :
Sub Sector : Specializing In Affordable Housing?loans
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
797.16 Cr.

PAT :
214.70 Cr.

Pricing Report

Issue Price :
493.00

Listing Price :
543.50

Current Market Price :
658.50

Issue Price vs CMP :
165.5 (33.57%)

listing Price vs CMP :
115 (21.16%)

Performance Report (CAGR* wise)

CAGR : 30.4
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About India Shelter Finance Corporation

Company Information
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
Object of Issue
  • To meet future capital requirements towards onward lending, and
  • General Corporate Purposes

India Shelter Finance Corporation MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Dec, 2023
IPO Size :
1200.00 Cr.
Market Cap :
5277.62 Cr.   
IPO Subscription :
38.59 X     
PE Multiple :
8.96
Merchant Banker :
Ambit Private Limited
IPO Registrar:
Kfin Technologies Limited

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FAQs

India Shelter Finance Corporation operates in Banking And Finance and Specializing In Affordable Housing?loans. The Issue is listed on MainBoard in Dec, 2023. India Shelter Finance Corporation IPO size was 1200.00 Cr. with Issue price of 493.00 .

Merchant Banker(s) of India Shelter Finance Corporation IPO: Ambit Private Limited , Citigroup Global Markets India Private Limited , ICICI Securities Limited , Kotak Mahindra Capital Company Limited

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 658.50.

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