India Shelter Finance Corporation Ltd Performance
Open
586
Traded Value (Cr)
5.39 Cr
Prev. Close
590.75
VWAP
595.92
Volume
5,25,057
Face Value
5
India Shelter Finance Corporation Ltd Fundamentals
India Shelter Finance Corporation Ltd Financials
Resistance and Support
₹570.75
PIVOT
 Resistance | |
|---|---|
| First Resistance | ₹585.500 |
| Second Resistance | ₹594.700 |
| Third Resistance | ₹609.450 |
 Support | |
|---|---|
| First Resistance | ₹561.550 |
| Second Resistance | ₹546.800 |
| Third Resistance | ₹537.600 |
| RSI | 54.668 |
| MACD | -6.500 |
| ADX | 13.160 |
| CCI | 103.016 |
Delivery and Volume
About India Shelter Finance Corporation Ltd
On October 26, 1998, India Shelter Finance Corporation Ltd was formed as a Public Limited Company under the name 'Satyaprakash Housing Finance India Limited'. The Registrar of Companies of Madhya Pradesh gave the firm a Certificate for Commencement of Business on November 18, 1998, in Gwalior. The Registrar of Companies, Madhya Pradesh and Chhattisgarh at Gwalior issued a fresh Certificate of Incorporation dated July 8, 2010, when the Company changed its name from 'Satyaprakash Housing Finance India Limited' to 'India Shelter Finance Corporation Limited. India Shelter Finance Corporation Ltd share price depends on various factors to set India Shelter share price target. The National Housing Bank (NHB) gave the Company a Certificate of Registration on September 14, 2010, allowing it to operate as a housing finance organisation without receiving public deposits. The firm is a retail home financing company that operates 183 locations across Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, and Gujarat, as well as a scalable technological infrastructure. The company has a presence in states that account for roughly 94% of India's affordable home finance market. The company uses technology and analytics throughout its operations and the whole client life cycle, including onboarding, underwriting, asset quality monitoring, collections, and customer support. The company has implemented a paperless approach to client acquisition and onboarding, utilising mobile technologies at various phases of the financing process. The iSales app combines, streamlines, and optimises the client acquisition process, while the IndiaShelter iCredit application simplified underwriting. By integrating digital solutions and personal engagement, the company increases overall sales and efficiency while sustaining client connections. The company launched IndiaShelter iServe, an application solution meant to resolve complaints and inquiries from existing clients online. Aside from this, the company features an integrated customer relationship management and loan management system that is built on a cloud-based platform and provides consumers with connection and real-time information. They can use IT systems to boost production, minimise turnaround times, and lower transaction costs. It has implemented major components of loan operations, such as client acquisition, underwriting, collateral appraisal, legal evaluation, and collections. This enables consumers to contact us directly, shortens turnaround times, promotes client retention, and reduces the danger of fraudulent activity. The underwriting procedures are tailored to assess the creditworthiness of the low and middle-income segments, resulting in data-centric and iterative processes. The Company has distinct verticals for underwriting client creditworthiness, collateral legal verification, and collateral value that operate in tandem and are independent of one another. The Individual Promoter acquired the Company in 2009. In 2010, the company began operations by launching its first branch in Rajasthan. In 2016, the company expanded its geographical reach by opening its first branch in Southern India, in Karnataka State. In 2023, the Asset Under Management (AUM) exceeded Rs 4,359.4 crore. The company intends to issue equity shares worth up to Rs 1800 crore, including Rs 1000 crore through fresh issue and Rs 800 crore through offer for sale. This may impact its financial performance, which you can track on BlinkX. You can also find the India Shelter share price today NSE.India Shelter Finance Share Price Today
Operational Overview of India Shelter Finance
Digital Integration and Innovation
Technological Advancement in Operations
Focus on Underwriting and Growth
Promoter Acquisition and Expansion
Future Plans and Equity Issuance
Managing Director
Rupinder Singh
Founded
1998
NSE Symbol
INDIASHLTR
India Shelter Finance Corporation Ltd Management
| Name | Designation |
|---|---|
| Sudhin Choksey | Chairman (Non-Executive) |
| Rupinder Singh | Managing Director & CEO |
| Anup Kumar Gupta | Nominee |
| Shailesh J Mehta | Nominee |
| Sumir Chadha | Nominee |
| Rachna Dikshit | Independent Director |
| Thomson Kadantot Thomas | Independent Director |
| P K Gupta | Independent Director |
| Ajay Narayan Jha. | Independent Director |
| Savita Mahajan | Independent Director |
| Mukti Chaplot | Company Sec. & Compli. Officer |
India Shelter Finance Corporation Ltd News
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