India Shelter Finance Corporation Limited
WhiteOak Capital Mutual Fund increased its stake in India Shelter Finance Corporation from 1.70% to 1.98%, with its shareholding rising from 1,847,708 to 2,158,240 shares. The market value of the additional shares is approximately ₹20.35 Cr based on the current share price of ₹655.25.
A housing finance company incorporated in 1998, India Shelter Finance Corporation Limited provides financial solutions for residential property purchases and construction across India. The company focuses on lending to underserved segments of the housing market, particularly targeting affordable and mid-income housing segments. Its distinctive approach combines accessible financing with deep understanding of regional housing demand patterns and customer needs in tier-two and tier-three cities.
Founded by Prashant Khemka, former CIO of Goldman Sachs Asset Management India. Manages over Rs 20,000 crore with a concentrated bottom-up approach rooted in fundamental quality research. WhiteOak's edge is the proprietary SQGLP (Scalability, Quality, Growth, Longevity, Price) framework applied with global research standards to Indian equities.