Star Housing Finance Rights Issue dates 27 October – 25 November 2025.
Star Housing Finance is a BSE-listed housing finance company specializing in affordable housing loans for economically weaker sections (EWS) and low-income groups (LIG) across semi-urban and rural India. Headquartered in Mumbai, the company operates since 2009, focusing on retail home loans up to INR 0.25 crore that qualify under Priority Sector Lending and PMAY guidelines. As of Q1 FY2026, its assets under management (AUM) grew 16% year-on-year to INR 546.58 crore, supported by a strong liability pipeline and relationships with banks and financial institutions.
Star HFL’s primary products include regular, rural, co-lending, and digital home loans for purchase, construction, renovation, balance transfer, and plot acquisition. The company is present in Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, NCR, and Tamil Nadu. Its net interest margin stood at 6.61%, with GNPA at 1.65% and leverage levels at 2.69x as of June 2025.
The company has 48 points of presence, including 35 physical branches, and a manpower strength of over 266 employees.
Promoters of Star Housing Finance – Anil Kumar Jain, Abhilasha Jain, Nirmal Kumar Jain, and Kalu Lal Jain
Table of Contents
Star Housing Finance Rights Issue Details
| Star Housing Finance Rights Issue Date | 27 October – 25 November 2025 |
| Star Housing Finance Rights Issue Price | INR 16 per share |
| Issue Size (in Shares) | 6,14,16,404 shares |
| Issue Size (in INR) | INR 98.27 crore |
| Issue Entitlement | 7 equity shares for every 9 equity shares held on the record date |
| Terms of Payment | Fully payable at the time of application |
| Star Housing Finance Rights Issue Record Date | 30 September 2025 |
| Face Value | INR 5 per share |
| Listing On | BSE |
Star Housing Finance Rights Issue Calculation
| Star Housing Finance Rights Issue Price | INR 16 per share |
| Market Price on Rights Issue Approval | INR 24.4 per share |
| Dilution Factor (X) | 1.78 |
| Fair Value After Dilution at Prevailing Price | INR 20.73 per share |
Star Housing Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 35.33 | 58.62 | 92.55 |
| Expenses | 17.47 | 21.66 | 33.46 |
| Financing Margin (%) | 18.28 | 15.27 | 13.60 |
| Net Income | 6.98 | 8.88 | 11.10 |
| ROE (%) | 8.19 | 7.42 | 7.95 |
Star Housing Finance Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Augmenting the long-term capital and resources for meeting funding requirements for the company’s business activities
- General corporate purposes
Star Housing Finance Rights Offer Documents
- Star Housing Finance Rights Issue Application Form
- Star Housing Finance Letter of Offer
- Board Meeting Outcome
- Star Housing Finance Draft Letter of Offer
- Rights Issue in 2024
Star Housing Finance Rights Issue Dates
| Rights Issue Approval Date | 24 September 2025 |
| Rights Issue Record Date | 30 September 2025 |
| Credit of Rights Entitlement | Coming soon |
| Rights Issue Opening Date | 27 October 2025 |
| Last Date for Market Renunciation | 19 November 2025 |
| Rights Issue Closing Date | 27 November 2025 |
| Finalization of Basis of Allotment | Coming soon |
| Rights Allotment Date | Coming soon |
| Credit Date | Coming soon |
| Listing Date | Coming soon |
Star Housing Finance Rights Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Star Housing Finance Contact Details
STAR HOUSING FINANCE LIMITED
603, Western Edge I, Above Metro
Cash & Carry, Borivali East, Mumbai 400066
Phone: +91 8828036610
Email: [email protected]
Website: www.starhfl.com
Star Housing Finance Rights Offer FAQs
What is the Star Housing Finance Rights Issue Price?
The issue price is INR 16 per share.
What is the Star Housing Finance Rights Issue entitlement ratio?
The eligible shareholders are offered 7 equity shares for every 9 equity share held on the record date.
What is the Star Housing Finance Rights Issue Record Date?
The Record date is 30 September 2025.
How to Apply in the Star Housing Finance Rights Offer?
The best way to apply in the Star Housing Finance Rights Offer is through Internet banking ASBA. You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an application form and deposit the same to your broker.