{"id":597,"date":"2023-12-13T12:47:48","date_gmt":"2023-12-13T07:17:48","guid":{"rendered":"https:\/\/upstox.instasav.in\/?p=597"},"modified":"2023-12-13T12:47:49","modified_gmt":"2023-12-13T07:17:49","slug":"india-shelter-finance-ipo-todays-gmp","status":"publish","type":"post","link":"https:\/\/upstox.instasav.in\/index.php\/2023\/12\/13\/india-shelter-finance-ipo-todays-gmp\/","title":{"rendered":"India Shelter Finance IPO Details and todays GMP"},"content":{"rendered":"\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><em>In a significant move in the realm of housing finance, India Shelter Finance Corporation Limited is set to launch its Initial Public Offering (IPO). A stalwart in the business of housing finance, the company has consistently provided support for individuals aspiring to own, extend, or improve their homes. Let&#8217;s delve into the details of the India Shelter Finance IPO to understand its structure, financials, and the role it plays in the affordable housing sector.<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"208\" height=\"73\" src=\"https:\/\/upstox.instasav.in\/wp-content\/uploads\/2023\/12\/image-1.png\" alt=\"English:\n\nIndia Shelter Finance, IPO GMP, India Shelter Home Loan, IPO GMP Today, IPO Central GMP, India Shelter Finance Corporation Ltd, Upcoming IPO GMP, India Shelter, IPO Share, GMP IPO, GMP Today, IPO Clock, IPO GMP, India Shelter Home Loan\nHindi:\n\n\u0907\u0902\u0921\u093f\u092f\u093e \u0936\u0947\u0932\u094d\u091f\u0930 \u092b\u093e\u0907\u0928\u0947\u0902\u0938, \u0906\u0908\u092a\u0940\u0913 \u091c\u0940\u090f\u092e\u092a\u0940, \u0907\u0902\u0921\u093f\u092f\u093e \u0936\u0947\u0932\u094d\u091f\u0930 \u0939\u094b\u092e \u0932\u094b\u0928, \u0906\u0908\u092a\u0940\u0913 \u091c\u0940\u090f\u092e\u092a\u0940 \u0906\u091c, \u0906\u0908\u092a\u0940\u0913 \u0938\u0947\u0902\u091f\u094d\u0930\u0932 \u091c\u0940\u090f\u092e\u092a\u0940, \u0907\u0902\u0921\u093f\u092f\u093e \u0936\u0947\u0932\u094d\u091f\u0930 \u092b\u093e\u0907\u0928\u0947\u0902\u0938 \u0915\u0949\u0930\u094d\u092a\u094b\u0930\u0947\u0936\u0928 \u0932\u093f\u092e\u093f\u091f\u0947\u0921, \u0906\u0917\u093e\u092e\u0940 \u0906\u0908\u092a\u0940\u0913 \u091c\u0940\u090f\u092e\u092a\u0940, \u0907\u0902\u0921\u093f\u092f\u093e \u0936\u0947\u0932\u094d\u091f\u0930, \u0906\u0908\u092a\u0940\u0913 \u0936\u0947\u092f\u0930, \u091c\u0940\u090f\u092e\u092a\u0940 \u0906\u0908\u092a\u0940\u0913, \u091c\u0940\u090f\u092e\u092a\u0940 \u0906\u091c, \u0906\u0908\u092a\u0940\u0913 \u0918\u0921\u093c\u0940, \u0906\u0908\u092a\u0940\u0913 \u091c\u0940\u090f\u092e\u092a\u0940, \u0907\u0902\u0921\u093f\u092f\u093e \u0936\u0947\u0932\u094d\u091f\u0930 \u0939\u094b\u092e \u0932\u094b\u0928\" class=\"wp-image-598\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">IPO Details:<\/h2>\n\n\n\n<html>\r\n   <head>\r\n      \r\n      <script type = \"text\/JavaScript\">\r\n         <!--\r\n            function AutoRefresh( t ) {\r\n               setTimeout(\"location.reload(true);\", t);\r\n            }\r\n         \/\/-->\r\n      <\/script>\r\n      \r\n   <\/head>\r\n   \r\n   <body onload = \"JavaScript:AutoRefresh(5000);\">\r\n   <\/body>\r\n   \r\n<\/html>\n\n\n\n<p>The India Shelter Finance IPO is a book-built issue of Rs 1,200.00 crores, encompassing a fresh issue of 1.62 crore shares amounting to Rs 800.00 crores and an offer for sale of 0.81 crore shares aggregating to Rs 400.00 crores.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Structure of the Issue:<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Type<\/th><th>Number of Shares<\/th><th>Amount (in Crores)<\/th><\/tr><\/thead><tbody><tr><td>Fresh Issue<\/td><td>16,227,181<\/td><td>\u20b9800.00<\/td><\/tr><tr><td>Offer for Sale<\/td><td>8,113,590<\/td><td>\u20b9400.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">IPO Timeline:<\/h2>\n\n\n\n<p>The India Shelter Finance IPO opens for subscription on December 13, 2023, and closes on December 15, 2023. The allotment is expected to be finalized on Monday, December 18, 2023, with the listing date tentatively fixed as Wednesday, December 20, 2023.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Price Band:<\/h3>\n\n\n\n<p>The price band for the India Shelter Finance IPO is set at \u20b9469 to \u20b9493 per share, with a minimum lot size for an application being 30 shares.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>India Shelter Finance | \u0907\u0902\u0921\u093f\u092f\u093e \u0936\u0947\u0932\u094d\u091f\u0930 \u092b\u093e\u0907\u0928\u0947\u0902\u0938 Today IPO GMP<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-foreground-background-color has-background\" style=\"border-width:1px\"><thead><tr><th><strong>Price Range<\/strong><\/th><th><strong>Lot Size<\/strong><\/th><th><strong>Max. Investment<\/strong><\/th><th><strong>Bid Dates<\/strong><\/th><th><strong>Listing Date<\/strong><\/th><th><strong>GMP Yesterday (12 Dec 2023)<\/strong><\/th><th><strong>GMP Today (13 Dec 2023)<\/strong><\/th><th><strong>Expected Share Price<\/strong><\/th><th><strong>Expected Profit per Lot<\/strong><\/th><th><strong>Buy Y\/N<\/strong><\/th><\/tr><\/thead><tbody><tr><td><br><strong>\u20b9469 to \u20b9493<\/strong><\/td><td><strong>30 Shares<\/strong><\/td><td><strong>\u20b9 14790<\/strong><\/td><td><strong>13-Dec-23 to 15-Dec-23<\/strong><\/td><td><strong>20-Dec-23<\/strong><\/td><td><strong>\u20b9150<\/strong><\/td><td><strong>\u20b9135<\/strong><\/td><td><strong>\u20b9628<\/strong><\/td><td><strong>\u20b94050<\/strong><\/td><td><strong>Y<\/strong><\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><strong>India Shelter Finance Today IPO GMP<\/strong><\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Date<\/th><th>GMP<\/th><\/tr><\/thead><tbody><tr><td>13-Dec-2023<\/td><td>\u20b9135<\/td><\/tr><tr><td>12-Dec-2023<\/td><td>\u20b9150<\/td><\/tr><tr><td>11-Dec-2023<\/td><td>\u20b9200<\/td><\/tr><tr><td>10-Dec-2023<\/td><td>\u20b990<\/td><\/tr><tr><td>9-Dec-2023<\/td><td>\u20b90<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><strong>India Shelter Finance Today IPO GMP<\/strong><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">\u0907\u0902\u0921\u093f\u092f\u093e \u0936\u0947\u0932\u094d\u091f\u0930 \u092b\u093e\u0907\u0928\u0947\u0902\u0938 IPO Reservation:<\/h2>\n\n\n\n<p>Investors can take note of the reservation details:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Investor Category<\/th><th>Shares Offered<\/th><\/tr><\/thead><tbody><tr><td>QIB<\/td><td>Not more than 50.00% of the Net offer<\/td><\/tr><tr><td>Retail<\/td><td>Not less than 35.00% of the Offer<\/td><\/tr><tr><td>NII (HNI)<\/td><td>Not less than 15.00% of the Offer<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">IPO Lot Size:<\/h2>\n\n\n\n<p>Investors can bid for a minimum of 30 shares and in multiples thereof. The lot size calculator provides insights into the minimum and maximum investment for various investor categories:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>30<\/td><td>\u20b914,790<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>390<\/td><td>\u20b9192,270<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>420<\/td><td>\u20b9207,060<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>67<\/td><td>2,010<\/td><td>\u20b9990,930<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>68<\/td><td>2,040<\/td><td>\u20b91,005,720<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">IPO Promoter Holding:<\/h2>\n\n\n\n<p>The promoters of India Shelter Finance Corporation Limited are Anil Mehta, WestBridge Crossover Fund, LLC, and Aravali Investment Holdings.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Share Holding Pre Issue<\/th><th>56.75%<\/th><\/tr><\/thead><tbody><tr><td>Share Holding Post Issue<\/td><td>48.17%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">About India Shelter Finance Corporation Limited:<\/h2>\n\n\n\n<p>Incorporated in 1998, India Shelter Finance Corporation Limited is a key player in the business of housing finance. The company provides loans for house construction, extension, renovation, and purchase of new homes or plots. Additionally, it offers loans against property (LAP).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Key Strengths of the Company:<\/h3>\n\n\n\n<ul>\n<li>One of the fastest-growing housing finance companies in India, with a granular, retail-focused portfolio.<\/li>\n\n\n\n<li>Distribution network across various cities, including Tier II and Tier III cities.<\/li>\n\n\n\n<li>In-house origination model for efficient and seamless operations.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Financial Performance:<\/h3>\n\n\n\n<p>As of 30th Nov 2023, India Shelter has disbursed over Rs. 5500 Crores in loans. The company has a network of 183 branches spread across 15 states. The financials indicate a positive trajectory:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Period Ended<\/th><th>30 Sep 2023<\/th><th>31 Mar 2023<\/th><th>31 Mar 2022<\/th><th>31 Mar 2021<\/th><\/tr><\/thead><tbody><tr><td>Assets (\u20b9 Cr.)<\/td><td>4,758.68<\/td><td>4,295.59<\/td><td>3,221.22<\/td><td>2,462.64<\/td><\/tr><tr><td>Revenue (\u20b9 Cr.)<\/td><td>398.58<\/td><td>606.23<\/td><td>459.81<\/td><td>322.80<\/td><\/tr><tr><td>Profit After Tax<\/td><td>107.35<\/td><td>155.34<\/td><td>128.45<\/td><td>87.39<\/td><\/tr><tr><td>Net Worth (\u20b9 Cr.)<\/td><td>1,374.97<\/td><td>1,240.53<\/td><td>1,076.13<\/td><td>937.27<\/td><\/tr><tr><td>Reserves and Surplus<\/td><td>1,335.36<\/td><td>1,197.98<\/td><td>1,033.02<\/td><td>894.20<\/td><\/tr><tr><td>Total Borrowing (\u20b9 Cr.)<\/td><td>3,272.48<\/td><td>2,973.43<\/td><td>2,059.40<\/td><td>1,480.72<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Key Performance Indicators:<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>P\/E (x)<\/td><td>27.77<\/td><\/tr><tr><td>Market Cap (\u20b9 Cr.)<\/td><td>\u20b95,291.69<\/td><\/tr><tr><td>ROE<\/td><td>13.4%<\/td><\/tr><tr><td>Debt\/Equity<\/td><td>2.12<\/td><\/tr><tr><td>EPS (\u20b9)<\/td><td>17.47<\/td><\/tr><tr><td>RoNW<\/td><td>13.4%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">IPO Objectives:<\/h2>\n\n\n\n<p>The net proceeds from the India Shelter Finance IPO will be utilized for:<\/p>\n\n\n\n<ol>\n<li>Meeting future capital requirements towards onward lending.<\/li>\n\n\n\n<li>General corporate purposes.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">IPO Review:<\/h2>\n\n\n\n<p>[Dilip Davda] The company has created a niche place in affordable housing finance in the middle and lower-middle class and has extended its reach to 15 states with 203 branches. It has posted steady growth in its top and bottom lines, and the management is confident of maintaining the trends. Based on FY24 annualized earnings, the issue appears fully priced. Investors may consider parking funds for medium to long-term rewards in this rising star.<\/p>\n\n\n\n<p>Investors are encouraged to refer to the India Shelter Finance IPO Red Herring Prospectus (RHP) for detailed information before making investment decisions.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>This comprehensive article provides potential investors with a detailed overview of the India Shelter Finance IPO, offering insights into its structure, financials, and the company&#8217;s role in providing affordable housing finance. As always, it is advisable for investors to conduct thorough research and consult financial experts before making any investment decisions.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Searches :<\/p>\n\n\n\n<p> India Shelter Finance, IPO GMP, India Shelter Home Loan, IPO GMP Today, IPO Central GMP, India Shelter Finance Corporation Ltd, Upcoming IPO GMP, India Shelter, IPO Share, GMP IPO, GMP Today, IPO Clock, IPO GMP, India Shelter Home Loan, \u0907\u0902\u0921\u093f\u092f\u093e \u0936\u0947\u0932\u094d\u091f\u0930 \u092b\u093e\u0907\u0928\u0947\u0902\u0938, \u0906\u0908\u092a\u0940\u0913 \u091c\u0940\u090f\u092e\u092a\u0940, \u0907\u0902\u0921\u093f\u092f\u093e \u0936\u0947\u0932\u094d\u091f\u0930 \u0939\u094b\u092e \u0932\u094b\u0928, \u0906\u0908\u092a\u0940\u0913 \u091c\u0940\u090f\u092e\u092a\u0940 \u0906\u091c, \u0906\u0908\u092a\u0940\u0913 \u0938\u0947\u0902\u091f\u094d\u0930\u0932 \u091c\u0940\u090f\u092e\u092a\u0940, \u0907\u0902\u0921\u093f\u092f\u093e \u0936\u0947\u0932\u094d\u091f\u0930 \u092b\u093e\u0907\u0928\u0947\u0902\u0938 \u0915\u0949\u0930\u094d\u092a\u094b\u0930\u0947\u0936\u0928 \u0932\u093f\u092e\u093f\u091f\u0947\u0921, \u0906\u0917\u093e\u092e\u0940 \u0906\u0908\u092a\u0940\u0913 \u091c\u0940\u090f\u092e\u092a\u0940, \u0907\u0902\u0921\u093f\u092f\u093e \u0936\u0947\u0932\u094d\u091f\u0930, \u0906\u0908\u092a\u0940\u0913 \u0936\u0947\u092f\u0930, \u091c\u0940\u090f\u092e\u092a\u0940 \u0906\u0908\u092a\u0940\u0913, \u091c\u0940\u090f\u092e\u092a\u0940 \u0906\u091c, \u0906\u0908\u092a\u0940\u0913 \u0918\u0921\u093c\u0940, \u0906\u0908\u092a\u0940\u0913 \u091c\u0940\u090f\u092e\u092a\u0940, \u0907\u0902\u0921\u093f\u092f\u093e \u0936\u0947\u0932\u094d\u091f\u0930 \u0939\u094b\u092e \u0932\u094b\u0928<\/p>\n\n\n\n<p>Topics You May Be Interested In<\/p>\n\n\n\n<p><a href=\"http:\/\/india-shelter-finance-ipo-todays-gmp\">India Shelter Finance Corporation Ltd IPO&nbsp;India Shelter Finance Corporation Ltd IPO details&nbsp;India Shelter Finance IPO&nbsp;India Shelter Finance IPO GMP&nbsp;India Shelt<\/a><a href=\"https:\/\/upstox.instasav.in\/index.php\/2023\/12\/10\/india-shelter-finance-ipo-todays-gmp\/(opens in a new tab)\">er Finance IPO GMP today&nbsp;India Shelter Finance IPO details&nbsp;India Shelter IPO&nbsp;India Shelter IPO date&nbsp;India Shelter IPO price&nbsp;India Shelter Finance share price<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a significant move in the realm of housing finance, India Shelter Finance Corporation Limited is set to launch its Initial Public Offering (IPO). A stalwart in the business of housing finance, the company has consistently provided support for individuals aspiring to own, extend, or improve their homes. Let&#8217;s delve into the details of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":598,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[41,40,50,49,48,45,43,44,46,42,47,39,33,37,35,27,30,34,36,38,29,28,31,32],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India Shelter Finance IPO Details and todays GMP - Webstoxx<\/title>\n<meta name=\"description\" content=\"India Shelter Finance IPO Details and todays GMP is \u20b9 135.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/upstox.instasav.in\/index.php\/2023\/12\/13\/india-shelter-finance-ipo-todays-gmp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India Shelter Finance IPO Details and todays GMP - 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