Truhome Finance Limited, a retail-focused housing finance company, formerly known as Shriram Housing Finance Limited, has received the Securities and Exchange Board of India (SEBI) approval for its proposed ₹3,000 crore initial public offering (IPO), the company said in a regulatory filing on Friday.The net proceeds are proposed to be utilised towards augmenting the capital base to meet the company’s future capital requirements including general corporate purposes and onward lending, according to a company communique. The proceeds are proposed to be deployed over the course of financial years ending March 31, 2027 and March 31, 2028.Founded in 2010, Truhome Finance, a wholly owned subsidiary of Shriram Finance Limited was acquired in December 2024 by New York-based global private equity firm, Warburg Pincus. The company offers a comprehensive suite of secured lending products including housing loans, loans against property and other related offerings. Published - June 05, 2026 10:59 pm IST