Shubham Housing Development Finance operates in India’s affordable housing finance sector, providing housing loans primarily to low-income and underserved segments. The company manages roughly ₹7,500 crore of assets and runs more than 200 branches across 12 states. It benefits from demand drivers such as urbanization and government initiatives like the Pradhan Mantri Awas Yojana. Shubham projects robust asset growth, potentially at a 30–35% CAGR, and expects gearing to stay below 5.0 times in the coming three years. As of June 30, 2025, the company reported gross non-performing assets of 1.4%. The firm faces sector risks including regulatory changes from the Reserve Bank of India, competition from larger banks and housing finance companies, and the credit risk profile inherent to affordable-housing borrowers.

Total raised

$245M

Funding rounds

3

Latest round

Equity

Latest activity

Apr 2026