India Home Loan Ltd. Stock Analysis 530979.BO

India Home Loan Ltd. is a housing finance company. The company is headquartered in Mumbai, Maharashtra and currently employs 44 full-time employees. The company went IPO on 2005-07-07. The firm offers retail home loan products in the affordable housing segment. The company specializes in providing affordable loans to families from the self-employed category, where proofs of income are not easily available and repayment capacity is appraised based on cash flows. The company offers various products to its customers, including home loans, loan against property and developer financing. Its loans are offered to the customers for purchase of home, home improvement, home extension and for construction of a dwelling unit on an owned plot of land. The company provides home loans to individuals for purchase, construction, and extension with ticket size of Rs. 1-15 lakhs in the affordable housing sector. The company offers loan against existing self-occupied residential property to individuals wherein customers can avail up to 60% of the cost of the residential property for purposes such as purchase of land, education of children and others.