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India Shelter Finance Corporation Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,200.00 cr

Price Range (₹)

493

Lot Size

30

Min Investment (₹)

14,790.00

Listing Exchange

MumbaiNSE

Open Date

13-Dec-2023

Close Date

15-Dec-2023

Listing Date

20-Dec-2023

Latest IPO News

    The Shares of India Shelter Finance Corporation Ltd have now been listed.

    India Shelter Finance Corporation Ltd IPO Details

    Initial public offering of 24,340,768^ equity shares of face value of Rs. 5 each (Equity Shares) of India Shelter Finance Corporation Limited (The Company or the Issuer) for cash at a price of Rs. 493.00 per equity share of face value of Rs. 5 each including a securities premium of Rs. 488.00 per equity share (the Offer Price) aggregating to Rs. 1200.00 crores^ (the Offer). The offer comprises of a fresh issue of 16,227,180^ equity shares of face value of Rs. 5 each by the company aggregating to Rs. 800.00 crores^ (the Fresh Issue) and an offer for sale by Catalyst Trusteeship Limited (as trustee of micp trust) of 405^ equity shares of face value of Rs. 5 each aggregating to Rs 0.02 crores^, by catalyst trusteeship limited (as trustee of madison india opportunities trust fund) of 3,474,442^ equity shares of face value of Rs. 5 each aggregating to Rs. 171.29 crores^, by Madison India Ppportunities iv of 1,104,056^ equity shares of face value of Rs. 5 each aggregating to Rs. 54.43 crores^, by Mio Starrock of 644,219^ equity shares of face value of Rs. 5 each aggregating to Rs. 31.76 crores^ and by Nexus Ventures iii, Ltd. of 2,890,466^ equity shares of face value of Rs. 5 each aggregating to Rs. 142.50 crores^ (collectively, the Investor Selling Shareholders or the Selling Shareholders) (The Offer for Sale). The offer constitutes 22.74% of the post-offer paid up equity share capital of the company.The face value of equity shares is Rs. 5 each. The offer price is 98.60 times the face value of the equity shares.^Subject to finalisation of basis of allotment.i

    Objective of issue

    To meet future capital requirements towards onward lending. General corporate purposes.

    India Shelter Finance Corporation Ltd Contact Details

    India Shelter Finance Corporation Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - compliance@indiashelter.in

    Website - www.indiashelter.in