Truhome Finance IPO - Date, Price Band & Details

Truhome Finance started as Shriram Housing Finance back in 2011, built around a simple idea — that people without salaried jobs or thick credit files still deserve a shot at owning a home. For over a decade it operated under the Shriram Group, mostly serving self-employed borrowers in smaller cities and towns that bigger lenders tended to skip.

In December 2024, Warburg Pincus bought the company from Shriram Finance Group, injecting ₹1,225 crore and pushing the net worth past ₹3,300 crore. The rebrand to Truhome followed in January 2025. By then, the loan book had crossed ₹16,000 crore and the network had grown to over 165 branches.

The name itself is pretty literal — "True" plus "Home." The company lends to customers who often can't walk into a bank and get approved on the spot: small business owners, traders, contractors. The documentation requirements are kept lean by design, because that's the whole point.

Products cover home loans, loans against property, home improvement, balance transfers, and construction finance. Interest rates on home loans start around 8.5%. The company is registered with the National Housing Bank and carries AA/Stable ratings from CRISIL, India Ratings, and CARE.

As of mid-2025, the team was about 4,800 people strong — up more than 50% year on year, which says something about where the business is heading.