Truhome Finance has filed its DRHP with SEBI to launch a Rs 3,000 crore IPO. Here are the issue structure, fund utilisation plans, lead managers and key risks investors should know.

Truhome Finance files DRHP with SEBI for Rs 3,000 crore IPO - Check issue objectives and risks

Truhome Finance Files Draft Red Herring Prospectus with SEBI, Plans Rs 3,000 Crore IPO

Truhome Finance, a prominent housing finance company, has made a significant move in the market by filing its Draft Red Herring Prospectus with the Securities and Exchange Board of India (SEBI). This development marks an important step towards the company's initial public offering (IPO).

As per the filing, Truhome Finance plans to raise a substantial amount of Rs 3,000 crore via its public offering.
The IPO will be a book-built issue, which involves the issuance of fresh shares worth Rs 1,500 crore.
The remaining Rs 1,500 crore will be raised through an offer for sale by existing shareholders.

Key Highlights of the IPO:

Issuance of fresh shares worth Rs 1,500 crore
Offer for sale of existing shares worth Rs 1,500 crore
Raise of Rs 3,000 crore through public offering

With this move, Truhome Finance aims to tap into the growing demand for housing finance services in the country. The company's IPO is expected to be one of the most highly anticipated listings in the market this year.