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India Shelter Finance Corporation Ltd

India Shelter Finance Corporation Ltd

    Registered Office : 6th Flr Plot # 15 Sector 44,Institutional Area,Gurugram Haryana 122002 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

Opens On

Closes On

13-Dec-2023

15-Dec-2023

Money Payable On

Application

Allotment

493.00

0.00

Minimum Application for shares in Nos : 30.0 Further Multiples of : 30.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

750.92

1,200.00

53.53

493.00

Ambit Pvt Ltd

Citigroup Global Markets India Pvt Ltd

ICICI Securities Ltd

Kotak Mahindra Capital Company Ltd

Projects
  • To meet future capital requirements towards onward lending
  • General corporate purposes
Promoted By
  • Anil Mehta
  • Westbridge Crossover Fund LLC
  • Aravali Investment Holdings
Listing At
  • BSE
  • NSE
Registrar to the Issue
  • KFin Techologies Ltd