India Shelter Finance IPO aims at Rs.1,800 crores, comprising Rs.1,000 crores Fresh Issue and Rs.800 crores for future capital needs.
IPO Date: Dec 13 - Dec 15, 2023 IPO Listing Date: Dec 20, 2023 IPO Price: INR 469 - 493 per share IPO IPO Lot Size: 30 Shares IPO Total Issue Size: 24,340,771 shares
India Shelter Finance displays robust financials but warrants caution due to mounting liabilities for IPO investment.
India Shelter Finance Corporation Limited IPO’s Total income is ₹5,845.30M, EPS ₹17.75, RoNW 13.4%. Aavas Financiers has highest RoNW (14.1%), Home First shows superior EPS & P/E ratio.
India Shelter Finance IPO aims for Rs. 800 crores to bolster housing finance regulations; rest for tech, expansion, and debt repayment.
India Shelter Finance faces risks: state concentration, payment defaults, interest rate volatility could affect operations/profit.