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India Shelter Finance Corporation IPO

Open 13th Dec 2023 · Close 15th Dec 2023 · Listing 20th Dec 2023

Verified 2026-08-3089% data coverage
Issue Price₹493.00
Listing Price₹620.00
Current Price
Listing Gain25.76%
Current Return

At a glance

Updated 2026-08-30

The shares listed at ₹620.00, a 25.76% move from the issue price. India Shelter Finance Corporation is a Mainboard IPO with an issue size of ₹1,200.00 crore, proposed for listing on BSE, NSE. The offer opens on 13th Dec 2023 and closes on 15th Dec 2023. The issue structure includes a fresh issue of ₹800.00 crore and an offer-for-sale component of ₹400.00 crore. The current listing schedule points to 20th Dec 2023.

Issue details

Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹1,200.00 Cr
Fresh issue₹800.00 Cr
Offer for sale₹400.00 Cr
Face value₹5
Price band₹469.00–₹493.00
Allotment18th Dec 2023
Listing20th Dec 2023

Listing performance

Full performance ↗
Issue price₹493.00
Listing price₹620.00
Current price
Listing gain25.76%
Current return
Price progressionIssue → Listing → Current

Grey market

GMP page ↗
Latest GMP₹157.00
GMP / upper price31.85%
Est. listing₹650.00
GMP is unofficial sentiment data, not an exchange price.

Timeline

Opens13th Dec 2023
Closes15th Dec 2023
Allotment18th Dec 2023
Refund19th Dec 2023
Demat19th Dec 2023
Listing20th Dec 2023

Subscription demand

Full bidding ↗
Total38.59×

Lot size

InvestorLotsSharesAmount
Minimum Bid130₹14,790

Company

Incorporated1998

Use of proceeds

ObjectAmount
To meet future capital requirements towards onward lending₹640.00 Cr
General corporate purposes₹110.92 Cr

31 Mar 2021

Assets2,462.64
Total Income322.80
Profit After Tax87.39
NET Worth937.27
Reserves and Surplus894.20
Total Borrowing1,480.72

31 Mar 2022

Assets3,221.22
Total Income459.81
Profit After Tax128.45
NET Worth1,076.13
Reserves and Surplus1,033.02
Total Borrowing2,059.40

31 Mar 2023

Assets4,295.59
Total Income606.23
Profit After Tax155.34
NET Worth1,240.53
Reserves and Surplus1,197.98
Total Borrowing2,973.43

30 Sep 2023

Assets4,758.68
Total Income398.58
Profit After Tax107.35
NET Worth1,374.97
Reserves and Surplus1,335.36
Total Borrowing3,272.48
Trend chart₹ crore

KPIs

KPI
ROE
Debt / Equity
RoNW

Valuation & shareholding

Pre-IPO EPS17.47
Pre-IPO P/E28.22
Post-IPO P/E24.58
Promoter holding pre56.75%
Promoter holding post48.17%
Market cap₹5277.62 Cr.

Issue expenses

ExpenseAmount
Book Running Lead Managers’ (“BRLM”) fees and commissions (including brokerage, underwriting and selling commission)₹36.88 Cr
Brokerage, selling commission, bidding charges, processing fees and bidding charges for the Members of the Syndicate, Registered Brokers, Self Certified Syndicate Banks (“SCSB”), Registrar and Share Transfer Agents (“RTA”) and Collecting Depository Participants (“CDP”)(2)(3)(4)(5)(6)(7)₹3.60 Cr
Fees payable to the Registrar to the Offer₹0.26 Cr
Other expenses₹32.89 Cr

Registrar & lead managers

Registrar

Kfin Technologies Ltd.

Lead managers

  • Kotak Mahindra Capital Co.Ltd.

Offer documents

Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-30.