Truhome Finance, formerly Shriram Housing Finance, secures SEBI nod for Rs 3,000 crore IPO

Truhome Finance, earlier Shriram Housing Finance, got SEBI nod for its Rs 3,000 crore IPO. The company plans to raise funds for future growth and regulatory needs. Truhome Finance said, "proceeds are proposed to be utilized towards augmenting the capital base". This retail housing finance firm was acquired by Warburg Pincus in December 2024.