Star HFL to pursue NSE listing as part of strategic growth roadmap

Mumbai, May 19th, 2025 : Star Housing Finance
Limited (Star HFL), a BSE listed home finance company (BSE Scrip code BOM:
539017) operational in low-cost retail housing finance space across multiple
states, has announced its decision to initiate the process for listing its
equity shares on the National Stock Exchange of India Limited (NSE). The
proposed listing is subject to the fulfilment of eligibility criteria and
receipt of all necessary regulatory approvals.

Star HFL is currently listed on the
BSE and has consistently demonstrated robust performance, prudent risk
management, and a deep commitment to financial inclusion by providing housing
finance to low- and middle-income families across semi-urban and rural India.

Mr. Kalpesh Dave, CEO of Star
Housing Finance Ltd., said
, “The decision to seek listing on the NSE aligns with
our strategic goal of enhancing visibility, increasing liquidity for our
shareholders, and deepening our investor base. As we continue to build a strong
and inclusive housing finance platform, the dual listing will further
strengthen our market presence and improve access to capital markets. We remain
committed to serving the affordable housing segment while delivering long-term
value to all stakeholders.”

The company will continue to keep
its stakeholders informed as it progresses through the regulatory process and
milestones associated with the proposed listing.

About
Star Housing Finance Limited (Star HFL) 

Star
Housing Finance Limited (Star HFL) is BSE listed retail housing finance
company. The Company has been operational in the low-cost housing finance space
since inception. Star HFL provides long term housing finance assistance to
EWS/LIG families towards purchase/construction of low-cost housing units
(affordable housing) in its operational geographies. Star HFL is a
professionally run with a presence across states of Maharashtra, Madhya Pradesh,
Gujarat, Rajasthan, NCR and Tamil Nadu. Star HFL is registered as a Primary
Lending Institution (PLI) under the Pradhan Mantri Awas Yojana (PMAY). Star HFL
has its Registered & Corporate Office in Mumbai, Maharashtra.

 

For further details contact: 

Dinesh Kirupalli 

Star Housing Finance Ltd | Email: dinesh.kirupalli@starhfl.com