Open Date
13 Dec 2023
15 Dec 2023
30 shares
₹ 1200.00 Cr
Market Lot
IPO Size
Listing At
BSE NSE
Listing Date
Price Range
₹ 469 to ₹ 493
Close Date
Allotment Date
18 Dec 2023
20 Dec 2023
Established in 1998, India Shelter Finance Corporation Limited offers affordable housing finance with a distribution network of 203 branches in 15 States of India as of September 2023. The company was previously known as “Satyaprakash Housing Finance India Limited”, but in 2009, it was changed to India Shelter Finance Corporation Limited. The company has a commendable 94% presence in the affordable housing finance market as of March 2023 with its major States being Rajasthan, Maharashtra, Madhya Pradesh, Karnataka and Gujarat.
The book-running lead managers to the offer are: ICICI Securities Limited, Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited, and Ambit Private Limited are the book-running lead managers for India Shelter Finance Corporation IPO.