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India Shelter Finance Corporation Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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India Shelter Finance Corporation Ltd IPO

Registered Office: 6th Flr Plot # 15 Sector 44,Institutional Area , Gurugram - 122002 , Haryana , India.
Phone : +91 124 413 1800   Fax:
Email :  compliance@indiashelter.in  
Website :  www.indiashelter.in
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

Issue Money Payable On
Opens On Closes On Application Allotment
13-Dec-23 15-Dec-23 (Rs)493.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :30  Further Multiples of :30

  (Rs Cr) Lead Managers to the Issue
Project Cost 750.92
Ambit Pvt Ltd
Project Financed through Current Offer 1200.00  
Post Issue Equity Share Capital 53.53  
Issue Price (Rs)493.00  
 
Projects
To meet future capital requirements towards onward lendingGeneral corporate purposes
Promoted By
Anil Mehta  
Westbridge Crossover Fund LLC  
Aravali Investment Holdings  
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd