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Company Profile

INDIA SHELTER FINANCE CORPORATION LTD.

NSE : INDIASHLTRBSE : 544044ISIN CODE : INE922K01024Industry : Finance - HousingHouse : Private
BSE587.2011 (+1.91 % )
PREV CLOSE (Rs.) 576.20
OPEN PRICE (Rs.) 594.70
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 69862
TODAY'S LOW / HIGH (Rs.)579.10 626.80
52 WK LOW / HIGH (Rs.)519 723
NSE590.75 14.9 (+2.59 % )
PREV CLOSE(Rs.) 575.85
OPEN PRICE (Rs.) 600.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 590.75 (3652 )
VOLUME 525057
TODAY'S LOW / HIGH(Rs.) 578.65 628.55
52 WK LOW / HIGH (Rs.)519.15 725.1

Company News

Date Heading Details
08-May-2024 Allotment of Debentures Inter alia, approved:- 1. The Board took note of completion of term of existing statutory auditors viz., M/s. T R Chadha & Co., Chartered Accountants, at the conclusion of the ensuing 26th Annual General Meeting of the Company. Further, pursuant to the recommendation of the Audit Committee, the Board has considered and recommended to the members for their approval at the ensuing 26th Annual General Meeting, the appointment of M/s. S.R. Batliboi & Associates LLP, Chartered Accountants, (ICAI Firm Registration Number: 101049W/E300004) as Statutory Auditors of the Company for a period of three consecutive financial years, to hold the office from the conclusion of 26th (Twenty Six) Annual General Meeting until the conclusion of 29th (Twenty-Nine) Annual General Meeting of the Company. 2. Approval of issuance of Non-Convertible Debentures (NCD?s) The Board has approved raising of funds through issuance of Non-Convertible Debentures through private placement/public issuances, in one or more tranches up to an amount not exceeding Rs. 1,000 crores (Rupees One Thousand Crores only). 3. Alteration in Articles of Association of the Company, subject to shareholder approval in the ensuing General Meeting. The Board has approved to remove the common seal clause from the existing AOA as mentioned below: ? Deletion of reference of ?the seal? means the common seal of the company; and ? Deletion of Clause 79 of the AOA
08-May-2024 Resignation of Statutory Auditor Inter alia, approved:- 1. The Board took note of completion of term of existing statutory auditors viz., M/s. T R Chadha & Co., Chartered Accountants, at the conclusion of the ensuing 26th Annual General Meeting of the Company. Further, pursuant to the recommendation of the Audit Committee, the Board has considered and recommended to the members for their approval at the ensuing 26th Annual General Meeting, the appointment of M/s. S.R. Batliboi & Associates LLP, Chartered Accountants, (ICAI Firm Registration Number: 101049W/E300004) as Statutory Auditors of the Company for a period of three consecutive financial years, to hold the office from the conclusion of 26th (Twenty Six) Annual General Meeting until the conclusion of 29th (Twenty-Nine) Annual General Meeting of the Company. 2. Approval of issuance of Non-Convertible Debentures (NCD?s) The Board has approved raising of funds through issuance of Non-Convertible Debentures through private placement/public issuances, in one or more tranches up to an amount not exceeding Rs. 1,000 crores (Rupees One Thousand Crores only). 3. Alteration in Articles of Association of the Company, subject to shareholder approval in the ensuing General Meeting. The Board has approved to remove the common seal clause from the existing AOA as mentioned below: ? Deletion of reference of ?the seal? means the common seal of the company; and ? Deletion of Clause 79 of the AOA
29-Apr-2024 India Shelter Finance Corporation shines on planning to raise funds via NCDs <p style="text-align: justify;">India Shelter Finance Corporation is currently trading at Rs. 586.40, up by 24.05 points or 4.28% from its previous closing of Rs. 562.35 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 568.55 and has touched a high and low of Rs. 591.40 and Rs. 564.55 respectively. So far 8166 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 723.00 on 02-Feb-2024 and a 52 week low of Rs. 519.00 on 28-Dec-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 597.15 and Rs. 559.25 respectively. The current market cap of the company is Rs. 6299.96 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 48.30%, while Institutions and Non-Institutions held 21.37% and 30.33% respectively.</p><p style="text-align: justify;">India Shelter Finance Corporation is planning to raise funds by way of issuance of Non-Convertible Debentures (NCDs), in one or more tranches/issues/series as per the business requirement of the company. A meeting of the Board of Directors of the Company is scheduled to be held on May 08, 2024, inter-alia, to consider and approve the same.&nbsp;</p><p style="text-align: justify;">India Shelter Finance Corporation is engaged in the business of housing finance. The company provides loans for house construction, extension, renovation, and purchase of new homes or plots. The company also offers loans against property (LAP).&nbsp;</p>
29-Apr-2024 Allotment of Debentures Audited Results Inter alia, to consider and approve the following items: i) Raising of funds by way of issuance of Non-Convertible Debentures, in one or more tranches/issues/series as per the business requirement of the Company
27-Apr-2024 India Shelter Finance Corporation planning to raise funds via NCDs <p style="text-align: justify;">India Shelter Finance Corporation is planning to raise funds by way of issuance of Non-Convertible Debentures (NCDs), in one or more tranches/issues/series as per the business requirement of the company. A meeting of the Board of Directors of the Company is scheduled to be held on May 08, 2024, inter-alia, to consider and approve the same.&nbsp;</p><p style="text-align: justify;">India Shelter Finance Corporation is engaged in the business of housing finance. The company provides loans for house construction, extension, renovation, and purchase of new homes or plots. The company also offers loans against property (LAP).&nbsp;</p><div style="text-align: justify;"><br></div>
15-Apr-2024 Clarification sought from India Shelter Finance Corporation Ltd The Exchange has sought clarification from India Shelter Finance Corporation Ltd on April 15, 2024, with reference to Movement in Volume. The reply is awaited.
06-Mar-2024 Resignation of Director Inter alia, approved:- 1.Appointment of M/s. Jitender Singh, Practicing Company Secretaries as the Secretarial Auditor of the Company for the Financial Year 2023-24 to conduct the Secretarial Audit of the Company. 2. Resignation of Mr. Ajay Narayan Jha as an Independent Director of the Company. 3.Alteration of clause III of Memorandum of Association of the Company, subject to shareholder approval in the ensuing General Meeting. Amendment in the Object Clause of Memorandum of Association (?MOA?) by deletion of sub-clause 26 from Clause III(B) from existing MOA and insertion of new clause as sub- clause 3 of Clause III(A) in the Main objects of the MOA.
15-Jan-2024 India Shelter Finance Corporation informs about compliances-certificate <div style="text-align: justify;">India Shelter Finance Corporation has enclosed certificate dated January 4, 2024, received from the Registrar and Transfer Agent of the Company - Kfin Technologies under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended December 31, 2023.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
15-Jan-2024 India Shelter Finance Corporation informs about loss of share certificate <div>India Shelter Finance Corporation has informed that it enclosed certificate dated January 4, 2024, received from the Registrar and Transfer Agent of the Company-Kfin Technologies under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended December 31, 2023.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
20-Dec-2023 India Shelter Finance Corporation lists with 24.28% premium on the BSE <p style="text-align: justify;">India Shelter Finance Corporation has debuted at Rs 612.70 on the BSE, up by 119.70 points or 24.28% from its issue price of Rs 493.</p><p style="text-align: justify;">The scrip is currently trading at Rs 569.15, up by 76.15 points or 15.45% from its issue price. It has touched a high and low of Rs 625.00 and Rs 567.60 respectively. So far 5.72 lakh shares were traded on the counter.</p><p style="text-align: justify;">The offering, which was open for subscription between December 13, 2023 and December 15, 2023 was subscribed 38.59 times. The issue price was fixed at Rs 493 per share i.e. at upper end of price band of Rs 469-493 apiece.&nbsp;</p><p style="text-align: justify;">India Shelter Finance Corporation is engaged in the business of housing finance. The company provides loans for house construction, extension, renovation, and purchase of new homes or plots. The company also offers loans against property (LAP).&nbsp;</p>