Star Housing Finance Limited (Star HFL), a BSE-listed home finance company with a strong focus on low-cost retail housing finance, has announced its decision to initiate the process for listing its equity shares on the National Stock Exchange of India Limited (NSE).
This move is part of the company’s strategic roadmap aimed at enhancing visibility, expanding its investor base, and increasing liquidity for shareholders. The listing remains subject to meeting eligibility criteria and securing necessary regulatory approvals.
Currently listed on the BSE under the scrip code 539017, Star HFL has built a reputation for robust performance and prudent risk management while maintaining a clear focus on financial inclusion. The company provides long-term housing finance to low- and middle-income families across semi-urban and rural areas in states such as Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, NCR, and Tamil Nadu.
Kalpesh Dave, CEO, Star Housing Finance, emphasised that the proposed NSE listing aligns with the company’s goal of creating a stronger and more inclusive housing finance platform.
He noted that dual listing would help the company strengthen its market standing and improve access to capital markets, thus delivering greater long-term value to stakeholders.
Star HFL is registered as a Primary Lending Institution under the Pradhan Mantri Awas Yojana (PMAY), further solidifying its commitment to affordable housing. The company will continue to provide updates as it progresses through the regulatory process involved in the proposed listing.
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