India Shelter Finance Corporation Limited IPO

India Shelter Finance Corporation Limited IPO

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.

Important Dates

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

IPO - Fundamental Analysis

India Shelter Finance displays robust financials but warrants caution due to mounting liabilities for IPO investment.

 Peer Comparison

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.

IPO Objective

India Shelter Finance IPO aims for Rs. 800 crores to bolster housing finance regulations; rest for tech, expansion, and debt repayment.

 IPO Risks And  Challenges

India Shelter Finance faces risks: state concentration, payment defaults, interest rate volatility could affect operations/profit.

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