Star Housing Finance Ltd. Stock Analysis 539017.BO

Star Housing Finance Ltd. is a housing finance company, which engages in the provision of housing loans, funds for construction of houses, loan against home properties and to carry out housing finance activities in the country and other related and allied services. The company is headquartered in Mumbai, Maharashtra and currently employs 266 full-time employees. The company went IPO on 2015-03-20. The firm provides long term housing finance assistance to economically weaker section/low-income group (EWS/LIG) families towards purchase/construction of low-cost housing units (affordable housing) in its operational geographies. The company provides loans for purchase/construction/repairs and renovation of residential houses/flats/colonies, and all other activities of the Company revolve around the main business of financing against properties. Its product categories include regular housing loan and rural housing loan. Its regular housing loans include new purchase/resale, construction loans, composite loans, and improvement/extension loans. Its rural housing loans include Nayi Manzil Griha Loan, Pakka Ghar Loan, Vikas Griha Loan, Nayi Peedhi Griha Loan and Sulabh Swachhta. The company has a presence across states of Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, national capital region (NCR) and Tamil Nadu.