India Homes Rights Issue dates is not finalized.
India Homes has undergone a strategic rebranding from its legacy as India Steel Works to emerge as a focused player in the Indian real estate sector. This evolution marks a decisive pivot from traditional steel manufacturing to high-value asset monetization. By leveraging its historic industrial land bank, the company is now developing residential and commercial projects centered around its 65-acre township project in Khopoli, Maharashtra. This development is executed through a partnership with LLOYDS IHL LLP.
In early 2026, India Homes achieved a debt-free status by concluding a One-Time Settlement (OTS) with J.C. Flowers ARC. This turnaround was further strengthened by a INR 220 crore loan-to-equity conversion. Now concentrating its efforts on the Mumbai Metropolitan Region (MMR), India Homes combines its foundational industrial resilience with a modern vision for community building, positioning itself as an asset-rich developer poised for long-term capital appreciation and urban expansion.
Promoters of India Homes – Mr. Varun Gupta, Mr. Sudhir Gupta, Ms. Priya Gupta, Mr. Siddharth S. Gupta, Ms. Priyanka Varun Gupta and Ms. Malika Gupta
India Homes Rights Issue Details
| India Homes Rights Issue Date | Coming soon |
| India Homes Rights Issue Price | Coming soon |
| Issue Size (in Shares) | Coming soon |
| Issue Size (in INR) | INR 96 crore |
| Issue Entitlement | NA equity shares for every NA equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| India Homes Rights Issue Record Date | Coming soon |
| Face Value | INR 1 per share |
| Listing On | BSE |
India Homes Rights Issue Calculation
| India Homes Rights Issue Price | Coming soon |
| Market Price on Rights Issue Approval | INR 18.48 per share |
| Dilution Factor (X) | – |
| Fair Value After Dilution at Prevailing Price | Coming soon |
India Homes Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 4.67 | 0.82 | (0.04) |
| Expenses | 24.64 | 6.98 | 5.66 |
| Operating Margin (%) | (427.62) | (751.22) | (57,000) |
| Net Income | (35.96) | (11.62) | (13.39) |
| ROCE (%) | (19.27) | (5.86) | (8.76) |
India Homes Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Adjustment of unsecured loans against the entitlement of the promoters and promoter group – INR 35 crore
- Payment of outstanding amount pursuant to settlement arrangement – INR 25 crore
- Repayment in full or in part, of certain outstanding borrowings availed by the company from promoter and promoter group – INR 17 crore
- General corporate purposes
India Homes Rights Offer Documents
India Homes Rights Issue Dates
| Rights Issue Approval Date | 30 April 2026 |
| Rights Issue Record Date | Coming soon |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | Coming soon |
| Last Date for Market Renunciation | Coming soon |
| Rights Issue Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
India Homes Rights Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No S6-2 6th Floor, Pinnacle Business Park,
Mahakali Caves Rd, next to Ahura Centre,
Andheri East, Mumbai-400093
Tel: 022-62638200
E-mail: [email protected]
Website: www.bigshareonline.com
INDIA HOMES LIMITED
304, Naman Midtown, Tower A,
}Senapati Bapat Marg, Elphistone (W),
Lower Parel, Mumbai – 400013.
Tel: +91-9773103760
Email: [email protected]
Website: www.indiahomesltd.com
India Homes Rights Offer FAQs
What is the India Homes Rights Issue Price?
The issue price is INR NA per share.
What is the India Homes Rights Issue entitlement ratio?
The eligible shareholders are offered NA Equity Shares for every NA Equity Shares held on the record date.
What is the India Homes Rights Issue Record Date?
The Record date is Coming soon
How to Apply in India Homes Rights Offer?
The best way to apply in India Homes Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.
Rajat Bhati has a strong technical background and 5 years of experience in the stock market. He focuses on equity research, technical analysis, IPO valuations, and risk management, helping investors make clearer, data-backed decisions. Today, he works full-time to educate people about the opportunities in IPO market.
