Star Housing Finance
10.85
+0.30(+2.84%)
Market Cap₹85.67 Cr
PE Ratio10.14
Company Performance:
1D+2.84%
1M+0.37%
6M+0.37%
1Y+0.37%
5Y-38.46%
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More news about Star Housing Finance
26Nov 25
Star Housing Finance Withdraws ₹98.27 Crore Rights Issue Due to Insufficient Subscription
Star Housing Finance Limited (SHFL) has withdrawn its proposed rights issue of 6,14,16,404 equity shares due to insufficient subscription. The issue, priced at ₹16 per share, aimed to raise ₹98.27 crore. The Rights Issue Committee made this decision as the minimum subscription requirement under SEBI regulations was not met. SHFL has initiated the process of unblocking application amounts for investors and advised shareholders to contact the Registrar for any unblocked funds.
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15Nov 25
Star Housing Finance Reports 21.33% Interest Income Growth in H1 FY2025-26
Star Housing Finance Limited (SHFL) reported strong financial results for H1 FY2025-26. Interest income increased by 21.33% year-on-year, while Assets Under Management grew 9.55% to Rs. 567.27 crores. The company maintained stable asset quality with GNPA at 1.65% and NNPA at 1.16%. Profit After Tax stood at Rs. 3.17 crores. Net Worth reached Rs. 146.54 crores with leverage at 2.67x. The company disbursed Rs. 30.56 crores in the quarter, achieving a Net Interest Margin of 7.65%. SHFL maintains a BBB Stable rating from CARE & India Ratings.
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27Oct 25
Star Housing Finance Extends Rights Issue Closing Date to November 25
Star Housing Finance Limited (SHFL) has extended its ongoing rights issue closing date from November 3, 2025, to November 25, 2025. The last date for on-market renunciation has been pushed to November 19, 2025, from October 28, 2025. The issue opening date remains unchanged at October 27, 2025. All other terms and conditions of the rights issue remain the same as outlined in the Letter of Offer.
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09Oct 25
Star Housing Finance Reschedules Rights Issue to October-November 2025
Star Housing Finance Limited (STARHFL) has rescheduled its rights issue due to unforeseen circumstances. The new opening date is October 27, 2025, with the closing date set for November 3, 2025. The decision was made by the Rights Issue Committee to ensure smooth execution and regulatory compliance. All other terms and conditions of the rights issue remain unchanged.
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26Sept 25
Star Housing Finance Approves Rs 98.27 Crore Rights Issue, Secures Rs 50 Crore SBI Term Loan, and Increases Authorized Share Capital
Star Housing Finance Limited held its 20th AGM, approving key corporate actions including raising authorized share capital from Rs. 50.00 crore to Rs. 125.00 crore, a Rs. 98.27 crore rights issue at Rs. 16.00 per share, and securing a Rs. 50.00 crore term loan from State Bank of India. Shareholders also approved a final dividend of Rs. 0.10 per equity share, increased borrowing limits to Rs. 1000.00 crores, and authorized asset sale/securitization up to Rs. 100.00 crores.
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24Sept 25
Star Housing Finance Unveils Rs. 99 Crore Rights Issue at Rs. 16 Per Share
Star Housing Finance Limited (SHFL) has announced a rights issue to raise up to Rs. 99.00 crores. The company will issue 6,14,16,404 fully paid-up equity shares at Rs. 16.00 per share, with a rights entitlement ratio of 7 equity shares for every 9 shares held. The record date is set for September 30, 2025, with the issue opening on October 10, 2025, and closing on October 31, 2025. This move aims to strengthen SHFL's capital base and potentially expand its loan portfolio and market position in the housing finance sector.
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20Sept 25
Star Housing Finance Secures BSE In-Principle Approval for Rights Issue
Star Housing Finance Limited (BSE: STARHFL) has obtained in-principle approval from BSE Limited for its proposed rights issue of equity shares. The approval, granted on September 19, 2025, marks a significant step in the company's capital raising efforts. The company disclosed this development in compliance with SEBI regulations. While this approval is crucial, the actual commencement of the rights issue is subject to fulfilling further regulatory requirements and finalizing the terms of the issue.
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13Sept 25
Star Housing Finance Appoints Nachiketa Purohit as Company Secretary and Compliance Officer
Star Housing Finance Limited has appointed Nachiketa Purohit as Company Secretary, Compliance Officer, and Key Managerial Personnel, effective September 16, 2025. Purohit, with ICSI membership ACS 25011, brings over 15 years of experience in corporate governance and regulatory compliance. His expertise includes handling equity and debt issuances, managing NHB/RBI inspections for Housing Finance Companies, and implementing governance best practices. The appointment was approved by the Board of Directors on September 13, 2025, following a recommendation from the Nomination & Remuneration Committee.
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12Sept 25
Star Housing Finance Approves Rs. 99 Crore Rights Issue, Forms Committee
Star Housing Finance Limited (STARHFL) has approved a rights issue to raise up to Rs. 99 crores through fully paid-up equity shares with a face value of Rs. 5 each. The board has formed a Rights Issue Committee to oversee the process. Key details such as issue price, rights entitlement ratio, record date, and timing are yet to be determined. The issue will comply with SEBI regulations and the Companies Act, 2013.
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09Sept 25
Star Housing Finance to Explore Fund Raising Options in Upcoming Board Meeting
Star Housing Finance Limited has announced a board meeting on September 12, 2025, to explore fund-raising options. The company will consider various methods including preferential allotment, rights issue, QIPs, ADRs, GDRs, and FCCBs. A trading window closure is in effect until 48 hours after the meeting conclusion for insiders. The meeting's outcome could significantly impact the company's growth strategies and financial structure.
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23Aug 25
Star Housing Finance Reports 16% AUM Growth to ₹546.58 Crore in Q1 FY2026
Star Housing Finance Limited (SHFL) reported a 16% year-over-year growth in Assets Under Management (AUM) to ₹546.58 crore for Q1 FY2026. The company's total income reached ₹21.81 crore, with a net interest income of ₹8.25 crore and profit after tax of ₹1.38 crore. SHFL expanded its presence to 37 branches, serving over 5,400 borrowers. The company maintained a portfolio at risk of 5.18%, with gross and net NPAs at 1.65% and 1.13% respectively. SHFL's total borrowings stood at ₹391.91 crore, with a debt-to-equity ratio of 2.69 times. The Board approved a fundraise of up to ₹50 crore through non-convertible debentures. Strategic initiatives include applying for direct NSE listing, initiating a co-lending partnership, and increasing authorized share capital to ₹125 crore.
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19Aug 25
Star Housing Finance Seeks Reclassification of 1.33% Shareholding from Promoter to Public Category
Star Housing Finance Limited has applied to BSE Limited for reclassification of certain shareholders from 'Promoter and Promoter Group' to 'Public' category. The application covers 10,51,014 shares (1.33% of shareholding) held by eight individuals and one entity. Aarsh Fincon Limited (0.72%) and Anil Kumar Jain (0.28%) hold the largest stakes among those seeking reclassification. The move is subject to BSE approval under SEBI regulations.
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19May 25
Star Housing Finance Plans NSE Listing to Boost Market Presence
Star Housing Finance Ltd, currently listed on BSE, has announced plans to list its equity shares on the National Stock Exchange (NSE), subject to eligibility and regulatory approvals. This dual listing strategy aims to enhance visibility, improve liquidity, and expand the investor base. The move is expected to provide increased trading options and potential benefits for shareholders, including improved price discovery and enhanced market capitalization prospects.
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24Mar 25
Star Housing Finance Inks ₹65 Crore Co-Lending Deal with Vastu Housing Finance
Star Housing Finance Ltd. has entered into a strategic partnership with Vastu Housing Finance Corporation Limited. The board approved a co-lending agreement and direct assignment of housing and/or non-housing loans up to ₹65.00 crore to Vastu Housing Finance. This partnership aims to enhance Star Housing Finance's lending capacity and market reach. The transactions will be executed in compliance with regulatory frameworks and applicable laws.
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Star Housing Finance
10.85
+0.30
(+2.84%)
1 Year Returns:+0.37%
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