INDIASHLTR

** Asian Markets Securities initiates coverage on India's affordable housing finance cos, citing robust growth and returns

** Says AADA HAS better diversification, with top three states ~40% of AUM vs 59%-67% for other three

** Expects AADA and IDNI to achieve 4%-plus ROA with AUM CAGR at 20% and 32% each over FY24-27

** On the day, AADA down ~1%, AVAS up 2.6%, HOME down 1.44% and IDNI flat

(Reporting by Ananta Agarwal in Bengaluru)

(([email protected]))

Oct 25 (Reuters) - India Shelter Finance Corporation Ltd IDNI.NS:

• SEPT-QUARTER CONSOL PROFIT 900.7 MILLION RUPEES

• SEPT-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 2.83 BILLION RUPEES

Source text for Eikon: ID:nBSE6nr486

Further company coverage: IDNI.NS

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Aug 8 (Reuters) - India Shelter Finance Corporation Ltd IDNI.NS:

• INDIA SHELTER FINANCE CORPORATION JUNE-QUARTER CONSOL PROFIT 835.3 MILLION RUPEES

• INDIA SHELTER FINANCE CORPORATION JUNE-QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 2.52 BILLION RUPEES

Source text for Eikon: ID:nBSE807YMM

Further company coverage: IDNI.NS

(([email protected];))

** Shares of housing finance company India Shelter Finance Corporation IDNI.NS rise as much as 9.2% to 628.55 rupees

** Stock of IDNI climbs after 3 days of straight losses

** IDNI on Wednesday reported a 46.8% rise in its consolidated March-qtr net profit to 779.3 million rupees ($9.3 million)

** Its total revenue from operations rose to 2.35 billion rupees from 1.7 billion rupees a year ago

** Stock eyes busiest trading session in about 3 weeks, volumes at nearly 2.8x the 30-day avg

** Stock up 6.2% YTD so far; the company listed on December 20, 2023

($1 = 83.4930 Indian rupees)

(Reporting by Anisha Ajith in Bengaluru)

(([email protected]))

May 8 (Reuters) - India Shelter Finance Corporation Ltd IDNI.NS:

• APPROVED ISSUANCE OF NON-CONVERTIBLE DEBENTURES (NCDS) AGGREGATING UPTO 10 BILLION RUPEES

Source text for Eikon: ID:nBSE1PPpcH

Further company coverage: IDNI.NS

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** Shares of India Shelter Finance Corporation IDNI.NS up 5.7% to 619.65 rupees

** Kotak Institutional Equities initiates coverage on housing finance co with "buy" rating, fair value of 685 rupees

** Expects co to deliver 35% AUM CAGR over FY2023-26, higher than 22%-29% expected for peers including Aavas Financiers AVAS.NS, Aptus Housing APTS.NS and Home First HOME.NS for the same period

** Adds, IDNI has strong potential for near-term growth, driven by its presence in affordable housing finance and geographically diversified loan book

** However, some risks include effective execution in new geographies, maintaining strong asset quality performance, managing a high fixed-rate loan book, potential repercussions of rating downgrades

** IDNI has risen 9% YTD, compared with its peers, whose YTD performances range between declines of 2.3% and 13.9%

(Reporting by Navamya Ganesh Acharya in Bengaluru)

(([email protected]; +91 8805175330 ;))

Feb 8 (Reuters) - India Shelter Finance Corporation Ltd IDNI.NS:

• INDIA SHELTER FINANCE CORPORATION DEC-QUARTER PROFIT 621.3 MILLION RUPEES VERSUS PROFIT 401.2 MILLION RUPEES

• INDIA SHELTER FINANCE CORPORATION DEC-QUARTER INTEREST INCOME 1.77 BILLION RUPEES VERSUS 1.34 BILLION RUPEES

Source text for Eikon: ID:nNSE5GLw2P

Further company coverage: IDNI.NS

(([email protected];))

** Shares of India Shelter Finance Corp (ISFC) IDNI.NS up 6.4% at 564.5 rupees

** Housing finance co's consol profit for the July-Sept qtr rose over 67%; total rev from ops rose over 45%

** This is the company's first earnings report since listing on Dec. 20

** Stock has risen 3.4% since debut

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of India Shelter Finance Corp IDNI.NS surge nearly 26% in trading debut vs IPO price of 493 rupees

** Housing finance co debuts at 620 rupees and climbs to session-high at 630 rupees; stock above IPO price so far

** Co's 12 bln rupees ($144.3 mln) IPO had fresh issue of shares worth up to 8 bln rupees

** Existing stakeholders sold shares worth up to 4 bln rupees

** IPO oversubscribed 36.71x last week - exchange data

($1 = 83.1425 Indian rupees)

(Reporting by Rama Venkat in Bengaluru)

(([email protected]; https://twitter.com/ramavenkat0607;))