India Shelter Finance Corporation Limited IPO

India Shelter Finance Corporation Limited IPO is listed on BSE and NSE, priced at ₹469–₹493 per share. The stock debuted at ₹620, delivering a listing gain of 25.8%. The IPO had a lot size of ₹30 shares and a minimum investment of ₹14,790.

India Shelter Finance Corporation Limited IPO

Mainboard Listed
₹14,790 (30 Shares)
Minimum Investment
Check Allotment
IPO Dates
Dec 13, 2023 – Dec 15, 2023
Price band
₹469-493 per equity share
Minimum Investment
₹14,790
Issue size
Total ₹1,200 Cr : #Fresh Issue: 1,62,27,181 shares (aggregating up to ₹800.00 Cr) #Offer for Sale: 81,13,590 shares of ₹5 (aggregating up to ₹500.00 Cr)
Lot size
30
Allotment Date
Dec 18, 2023
Listing
Dec 20, 2023
Listing At
BSE, NSE

IPO timeline

  1. Dec 13, 2023

    Open Date

    Completed

  2. Dec 15, 2023

    Close Date

    Completed

  3. Dec 18, 2023

    Allotment Date

    Completed

  4. Dec 20, 2023

    Listing Date

    Completed

Price Summary

Last closing
834.05 (69.18%)
52 week high
1,011.75
52 week low
653.20
Last update

India Shelter Finance Corporation Limited IPO Essentials

India Shelter Finance Corporation Limited IPO Details

India Shelter Finance Corporation Limited IPO is priced at ₹469-493 per share with a total issue size of Total ₹1,200 Cr : #Fresh Issue: 1,62,27,181 shares (aggregating up to ₹800.00 Cr) #Offer for Sale: 81,13,590 shares of ₹5 (aggregating up to ₹500.00 Cr). The IPO has a lot size of 30 shares and is listed on BSE and NSE.

Issue price
₹469-493 per equity share
Lot size
30 shares
Face value
₹5 Per Equity Share
Issue size
Total ₹1,200 Cr :
#Fresh Issue: 1,62,27,181 shares (aggregating up to ₹800.00 Cr)
#Offer for Sale: 81,13,590 shares of ₹5 (aggregating up to ₹500.00 Cr)
Listing at
BSE, NSE
List price
620.0(NSE)
Listing date
Registrar
Kfin Technologies Limited
Lead manager
ICICI Securities Limited, Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited, Ambit Private Limited

India Shelter Finance Corporation Limited IPO Details

  • Retail Portion 35% (Number of Retail Applications: 2,83,976 Approx),
    (Number of S-HNI Applications : 2,898 Approx),
    (Number of B-HNI Applications : 5,795 Approx)

India Shelter Finance Corporation Limited IPO Documents

India Shelter Finance Corporation Limited IPO Analytics

India Shelter Finance Corporation Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

India Shelter Finance Corporation Limited IPO Subscription Status

India Shelter Finance Corporation Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 4,868,154
3,651,116
2,434,077
1,217,039
8,519,270 17,038,540
Day 1 13-12-23 05:00 PM
0.57 x
1.74x
1.41x
2.41x
1.89 x 1.48 x
Day 2 14-12-23 05:00 PM
0.84 x
7.35x
6.38x
9.30x
5.08 x 4.36 x
Day 3 15-12-23 05:00 PM
89.70 x
28.47x
28.32x
28.77x
9.79 x 36.62 x

India Shelter Finance Corporation Limited Valuations

Earnings

EPS (Post IPO)
₹17.47/-
P/E Ratio
28.22

Returns

RoNW
13.4%

Data sourced from DRHP / RHP • For educational purposes only

India Shelter Finance Corporation Limited Financials( In Crs.)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 4,295.59 3,221.22 2,462.64
Revenue 606.23 459.81 322.80
Profit After Tax 155.34 128.45 87.39

India Shelter Finance Corporation Limited Company & Offer Insights

About India Shelter Finance Corporation Limited

India Shelter Finance Corporation Limited is engaged in the business of housing finance. The company provides loans for house construction, extension, renovation and purchase of new homes or plots. The company also offers loans against property (LAP).

The company offers loan amounts between Rs.5 Lakhs to Rs.50 Lakhs for tenure up to 20 years. As of 30th Nov 2023, IndiaShelter has disbursed over Rs. 5500 Crores in loans, helping families own, extend, or improve their homes.

The company has a network of 183 branches spread across 15 states with a presence in Rajasthan, Maharashtra, Madhya Pradesh, Karnataka and Gujarat. The company's number of branches increased from 115 as of March 31, 2021, to 130 as of March 31, 2022, and 183 as of March 31, 2023.

To enhance customer satisfaction, India Shelter has launched iServe - a dedicated customer service application catering to queries and concerns of existing customers online on time.

As of March 31, 2023, of the company borrowers, 97.5% had one or more borrowers as women and 71.3% of our customers were first-time home loan takers.

India Shelter Finance Corporation Limited Promoter(s)

Anil Mehta, WestBridge Crossover Fund, LLC, Aravali Investment Holdings are the company's promoters of India Shelter Finance Corporation Limited.

India Shelter Finance Corporation Limited IPO Issue Objectives

To meet future capital requirements towards onward lending.
General corporate purposes.

India Shelter Finance Corporation Limited IPO - Anchor Investors

India Shelter IPO: Anchor investors pick Rs 360-cr worth of shares.

As per the filing to the exchanges, 38 investors participated in the anchor book, including marquee names such as Goldman Sachs, Massachusetts Institute of Technology, NHIT, and Steinberg India.

Among others, ICICI Prudential Mutual Fund, Nippon Life India, Kotak Mahindra Trustee, Axis Mutual Fund, UTI Mutual Fund, Mirae Asset, Whiteoak Capital, LGT Select Funds, Tata Mutual Fund, Franklin India, Motilal Oswal Mutual Fund, Edelweiss Trusteeship, Bandhan Financial Services, Quant Mutual Fund, and Axis Growth Avenues AIF 1 also invested in the company via anchor book.

India Shelter Finance Corporation Limited IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
India Shelter 3.23 28.22 13.4% 606
Aptus Value Housing 4.43 28.2 16.1% 1,093
Aavas Finance 3.41 25.8 14.1% 1,608
Home First Finance 4.63 34.0 13.5% 791

Contact Information

Frequently Asked Questions

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India Shelter Finance Corporation Limited IPO is a book-built IPO worth ₹Total ₹1,200 Cr : #Fresh Issue: 1,62,27,181 shares (aggregating up to ₹800.00 Cr) #Offer for Sale: 81,13,590 shares of ₹5 (aggregating up to ₹500.00 Cr). The price band is ₹469–₹493 per share. The IPO opens on Dec 13, 2023 and closes on Dec 15, 2023. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.

The price band of India Shelter Finance Corporation Limited IPO is ₹469 to ₹493 per share.

The lot size of India Shelter Finance Corporation Limited IPO is 30 shares.

The minimum investment for India Shelter Finance Corporation Limited IPO is approximately ₹14,790 based on the upper price band .

India Shelter Finance Corporation Limited IPO opens on Dec 13, 2023 and closes on Dec 15, 2023.

The allotment date of India Shelter Finance Corporation Limited IPO is Dec 18, 2023.

India Shelter Finance Corporation Limited IPO is expected to be listed on Dec 20, 2023, on BSE and NSE .

India Shelter Finance Corporation Limited IPO listed on Dec 20, 2023. It was issued at ₹620.0(NSE) and is currently around ₹834.05 as on 14-May-2026 3:30 PM, which is approximately 69.2% versus issue price. The 52-week high is ₹1,011.75.

Based on listing and post-listing performance, India Shelter Finance Corporation Limited IPO delivered around 69.2% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy India Shelter Finance Corporation Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

India Shelter Finance Corporation Limited IPO valuation snapshot: P/E 28.22, EPS ₹17.47/-, P/B N/A, RoNW 13.4%, and market cap N/A.

To apply for India Shelter Finance Corporation Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of India Shelter Finance Corporation Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for India Shelter Finance Corporation Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check India Shelter Finance Corporation Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the India Shelter Finance Corporation Limited IPO allotment status on IPO Ji for quick and easy access.