India Shelter Finance Corporation Ltd. Plans INR 100 Crore NCD Issuance via Private Placement
India Shelter Finance Corporation Ltd has scheduled a meeting of its Asset Liability Management Committee to consider and approve a significant fundraising initiative. The committee meeting is set for July 20, 2026, with the primary agenda focused on the issuance of debt instruments.The company plans to raise funds through the issuance of rated, listed, Secured, transferable, Redeemable, Non-Convertible Debentures (NCDs) denominated in Indian Rupees (INR). This financing will be executed via a private placement basis.
The total issue size for the NCDs is set at INR 100,00,00,000/- (Indian Rupees One Hundred Crore). The fundraising structure includes both a base issuance and an option provided through a Green Shoe mechanism.
Key details regarding the planned debt issuance are as follows:
| Financial Parameter | Amount |
|---|---|
| Total Issue Size | INR 100,00,00,000/- |
| Base Issue | INR 75.00 Crores |
| Green Shoe Option | INR 25.00 Crores |
The Asset Liability Management Committee is tasked with reviewing and approving the terms of these NCDs, which will serve as a crucial component of the company's funding strategy.
INDIASHLTR Stock Price Movement
India Shelter Finance Corporation Limited gained 0.14% today, settling in the post-market session at ₹815.2 after closing up by ₹1.15. The company saw a total traded volume of 87,261 shares during the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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