India Shelter Finance Corporation Limited IPO |moneymultiple.in
IPO Dates:
- Opens: December 13, 2023
- Closes: December 15, 2023
Price Band: ₹469 to ₹493 per share
Lot Size: 30 shares
Total Issue Size:
24,340,771 shares (₹1,200.00 Cr)
- Fresh Issue: 16,227,181 shares (₹800.00 Cr)
- Offer for Sale: 8,113,590 shares (₹400.00 Cr)
IPO Type: Book Built Issue IPO
Listing At: BSE, NSE
Shareholding (Pre/Post Issue):
- Pre-Issue: 56.75%
- Post-Issue: 48.17%
About India Shelter Finance Corporation Limited:
- Engaged in the business of housing finance.
- Provides loans for house construction, extension, renovation, and purchase of new homes or plots.
- Offers loans against property (LAP).
- Loan amounts range from Rs. 5 Lakhs to Rs. 50 Lakhs for up to 20 years.
- Network of 203 branches spread across 15 states.
Financial Information (Restated Consolidated):
- Revenue increased by 31.84%, and PAT rose by 20.94% between FY ending March 31, 2023, and March 31, 2022.
- Market Cap is Rs 5,277.62 Cr.
- P/E (x) is 27.77.
- ROE is 13.4%.
- Debt/Equity is 2.12.
- EPS is ₹17.47.
IPO Timeline (Tentative):
- Allotment: December 18, 2023
- Refunds: December 19, 2023
- Credit of Shares to Demat: December 19, 2023
- Listing Date: December 20, 2023
IPO Reservation:
- QIB: 20.00%
- NII (HNI): 15.00%
- Retail: 35.00%
- Anchor Investors: 30.00%
Lot Size Calculator for Investors:
- Retail (Min): 1 lot (30 shares) - ₹14,790
- Retail (Max): 13 lots (390 shares) - ₹192,270
- S-HNI (Min): 14 lots (420 shares) - ₹207,060
- S-HNI (Max): 67 lots (2,010 shares) - ₹990,930
- B-HNI (Min): 68 lots (2,040 shares) - ₹1,005,720
Anchor Investors Details:
- Raised Rs 360.00 crore from anchor investors.
- Anchor bid date: December 12, 2023.
- Anchor lock-in period for 50% shares: January 30, 2024.
- Anchor lock-in period for remaining shares: April 23, 2024.
Investors interested in participating in the IPO should carefully review the IPO prospectus (RHP) for detailed information and consult with financial advisors if needed.
- Fresh Issue: 16,227,181 shares (₹800.00 Cr)
- Offer for Sale: 8,113,590 shares (₹400.00 Cr)
IPO Type: Book Built Issue IPO
Listing At: BSE, NSE
Shareholding (Pre/Post Issue):
- Pre-Issue: 56.75%
- Post-Issue: 48.17%
About India Shelter Finance Corporation Limited:
- Engaged in the business of housing finance.
- Provides loans for house construction, extension, renovation, and purchase of new homes or plots.
- Offers loans against property (LAP).
- Loan amounts range from Rs. 5 Lakhs to Rs. 50 Lakhs for up to 20 years.
- Network of 203 branches spread across 15 states.
Financial Information (Restated Consolidated):
- Revenue increased by 31.84%, and PAT rose by 20.94% between FY ending March 31, 2023, and March 31, 2022.
- Market Cap is Rs 5,277.62 Cr.
- P/E (x) is 27.77.
- ROE is 13.4%.
- Debt/Equity is 2.12.
- EPS is ₹17.47.
IPO Timeline (Tentative):
- Allotment: December 18, 2023
- Refunds: December 19, 2023
- Credit of Shares to Demat: December 19, 2023
- Listing Date: December 20, 2023
IPO Reservation:
- QIB: 20.00%
- NII (HNI): 15.00%
- Retail: 35.00%
- Anchor Investors: 30.00%
Lot Size Calculator for Investors:
- Retail (Min): 1 lot (30 shares) - ₹14,790
- Retail (Max): 13 lots (390 shares) - ₹192,270
- S-HNI (Min): 14 lots (420 shares) - ₹207,060
- S-HNI (Max): 67 lots (2,010 shares) - ₹990,930
- B-HNI (Min): 68 lots (2,040 shares) - ₹1,005,720
Anchor Investors Details:
- Raised Rs 360.00 crore from anchor investors.
- Anchor bid date: December 12, 2023.
- Anchor lock-in period for 50% shares: January 30, 2024.
- Anchor lock-in period for remaining shares: April 23, 2024.
Investors interested in participating in the IPO should carefully review the IPO prospectus (RHP) for detailed information and consult with financial advisors if needed.