India Shelter Finance IPO Details Unveiled

India Shelter Finance IPO Details Unveiled

VoM News Desk | December 8, 2023 | 10:38 AM IST | Breaking News | Follow on Google News

India Shelter Finance IPO Details Unveiled

India Shelter Finance IPO Details Unveiled

1. IPO Price Band: India Shelter Finance Corporation Limited sets the price band for its IPO at ₹469 to ₹493 per equity share.
2. IPO Subscription Dates: The IPO subscription is scheduled to open on December 13, 2023 (Wednesday) and will close on December 15, 2023 (Friday).
3. IPO Size: The housing finance company aims to raise ₹1,200 crore through its public issue, with ₹800 crore expected from the issuance of fresh shares and ₹400 crore reserved for Offer For Sale (OFS).
4. Allotment Date: As per the T+3 listing rule implemented from December 1, 2023, share allocation is likely to occur on December 18, 2023.
5. Registrar: Kfin Technologies Limited is appointed as the official registrar for the IPO.
6. Listing Platforms: The IPO is proposed for listing on BSE and NSE.
7. Listing Date: Following the mandatory T+3 listing, the public issue is expected to debut on the secondary market on December 20, 2023.

About India Shelter Finance Corporation Limited:
Established in 1998, India Shelter Finance Corporation Limited operates in the housing finance sector. The NBFC provides financial solutions for house construction, extension, renovation, purchase of new homes or plots, and also offers loan against property (LAP).

India Shelter Finance IPO Details Unveiled: For any Query or Error Rectification

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