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15 Days Price Change

India Shelter Fin. IPO

Closing In

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Issue Size --
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Price Range 469  to  493 per share
Profile
Min Investment ₹493
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Lot Size 1
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Face Value ₹5
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Draft Prospectus
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

India Shelter Finance Corporation Ltd is a prominent financial institution in India, specializing in housing finance. Established with the goal of providing affordable and accessible home loans, the company focuses on empowering individuals to fulfill their dream of homeownership. Leveraging innovative financial solutions, India Shelter Finance caters to a diverse range of customers, including those with limited income or unconventional employment. With a commitment to transparency and customer-centric practices, the company has gained trust in the market. India Shelter Finance Corporation Ltd plays a crucial role in promoting housing inclusivity and contributing to the growth of the real estate sector in India. Read More

Basic Info

Face Value 5 per share

Price 469  to  493 per share

P/E (x) 14

Sales( Cr.) 1166

PAT( Cr.) 378

EPS 35.2

Draft Prospectus

Exchange BSE-NSE

Promoter

Company Promoters

Anil Mehta WestBridge Crossover Fund LLC Aravali Investment Holdings

Pre Issue Share Holding 100%

Post Issue Share Holding 58.79%

Listing Details:

Listing Price: 612.7

Listing Gain: 19.54%

Current Price: 763.9

Gain On Issue: 763.9 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Dec 13, 2023
Closing Date Dec 15, 2023
Allotment Dec 18, 2023
Refund Dec 19, 2023
Delivery of Shares Dec 19, 2023
Listing Date Dec 20, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 30 14,790
Retail (Max) 13 390 192,270
S-HNI (Min) 14 420 207,060
S-HNI (Max) 67 2010 990,930
B-HNI (Min) 68 2040 1,005,720

Objective of the Issue

1. To meet future capital requirements towards onward lending 2. General corporate purposes

Issue

Category Nos Bid Bid (x)
QIB 12170386 1147545696 94.3x
NII 3651116 109423947 30x
Retail 8519270 89111564 10.5x
EMP 0 0 0x
Total 24340771 939310353 38.6x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

India Shelter Fin. Profit & Loss

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Operating Revenue 317 448 585 830 1166
Other Income 6 12 22 32 10
Total Income 323 460 606 862 1176
Total Expenditure 97 135 183 239 311
Operating Profit 225 325 423 623 865
Interest Expense 107 152 213 294 364
Depreciation 5 7 8 10 12
Profit Before Tax 113 167 202 319 489
Provision for Tax 26 38 47 72 111
Profit After Tax 87 128 155 248 378
Adjustments 0 0 0 0 0
Profit After Adjustments 87 128 155 248 378
Adjusted Earnings Per Share 20.3 29.4 35.5 23.1 35

India Shelter Fin. Balance Sheet

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 937 1076 1241 2299 2709
Minority's Interest 0 0 0 0 0
Borrowings 1143 1574 2274 2649 3884
Current Liability 379 567 777 845 1154
Other Liabilities & Provisions -7 1 1 -2 -5
Total Liabilities 2453 3218 4293 5791 7741
Loans 1981 2623 3609 5062 6859
Investments 0 0 0 0 115
Fixed Assets 15 17 24 30 29
Other Loans 0 0 0 0 0
Other Non Current Assets 44 51 83 113 144
Current Assets 410 525 570 579 587
Total Assets 2453 3218 4293 5791 7741

India Shelter Fin. Cash Flow

#(Fig in Cr.) Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 17 233 144 361 112
Cash Flow from Operating Activities -421 -495 -852 -1232 -1435
Cash Flow from Investing Activities 77 -186 162 -236 -61
Cash Flow from Financing Activities 560 592 907 1220 1566
Net Cash Inflow / Outflow 216 -89 217 -249 70
Closing Cash & Cash Equivalent 233 144 361 112 182

India Shelter Fin. Ratios

# Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 20.33 29.39 35.49 23.13 35.02
CEPS(Rs) 21.52 30.88 37.37 24.06 36.1
DPS(Rs) 0 0 0 0 5
Book NAV/Share(Rs) 216.8 244.31 279.66 213.19 248.69
Net Profit Margin 27.59 28.67 26.58 29.84 32.42
Operating Margin 69.55 71.08 71.04 73.93 73.21
PBT Margin 35.67 37.26 34.55 38.47 41.97
ROA(%) 3.56 4.53 4.14 4.91 5.58
ROE(%) 9.38 12.85 13.56 14.12 15.22
ROCE(%) 9.07 11.42 11.26 12.34 12.74
Price/Earnings(x) 0 0 0 26.98 23.58
Price/Book(x) 0 0 0 2.93 3.32
Dividend Yield(%) 0 0 0 0 0.61
EV/Net Sales(x) 3.6 4 4.37 11.75 11.64
EV/Core EBITDA(x) 5.06 5.51 6.03 15.65 15.68
Interest Earned Growth(%) 0 41.45 30.48 41.93 40.5
Net Profit Growth 0 46.98 20.94 59.39 52.62
EPS Growth(%) 0 44.53 20.78 -34.84 51.42
Interest Coverage(x) % 2.05 2.1 1.95 2.09 2.34

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 40% 38% 0% 0%
Operating Profit CAGR 39% 39% 0% 0%
PAT CAGR 52% 43% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -13% NA% NA% NA%
ROE Average 15% 14% 13% 13%
ROCE Average 13% 12% 11% 11%

Company Contact Information

India Shelter Finance Corporation Ltd.

6th Floor, Plot No. 15 Sector - 44 Institutional Area

IPO Lead Manager(s)

India Shelter Finance Corporation Ltd.

Citigroup Global Markets India Pvt Ltd.

ICICI Securities Ltd

Kotak Mahindra Capital Co Ltd

Ambit Private Limited

Registrar Info

India Shelter Finance Corporation Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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