India Shelter Finance IPO: Here are 10 things to know before you subscribe to the upcoming issue

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₹1,200 crores and a combination of fresh issue of 1.62 crore shares aggregating to ₹800 crores and offer for sale of 0.81 crore shares aggregating to ₹400 crores. India Shelter Finance IPO price band is set at ₹469 to ₹493 per share with a face value of ₹5. The minimum lot size for an application is 30 shares.

The minimum amount of investment required by retail investors is ₹14,790. The floor price stands at an impressive 93.80 times the face value of the equity shares, while the cap price is set at 98.60 times the face value. The price-to-earnings ratio, based on diluted earnings per share for fiscal 2023, is 26.85 times at the floor price and 28.22 times at the cap price.

Interested participants have the option to place bids for a minimum of 30 equity shares, with subsequent increments in multiples of 30 equity shares. The details on allocation to anchor investors for India Shelter Finance IPO will be out Tuesday, December 12. India Shelter Finance Corporation Limited deals with housing finance.

Lending for new home construction, remodelling, additions, and land acquisition is what the company offers. Additionally, loans against property (LAP) are provided by the company. India Shelter Finance IPO date - The IPO will open for subscription on Wednesday, December 13, and will close on Friday, December 15.

India Shelter Finance IPO price band - The company has fixed price band at ₹469 to ₹493 per share with a face value of ₹5. India Shelter Finance IPO size - It is a book-built issue of ₹1,200 crores and a combination of fresh issue of 1.62 crore shares aggregating to ₹800 crores and offer for sale of 0.81 crore shares aggregating to ₹400 crores. India Shelter Finance IPO allotment date - The allotment for the India