Truhome Finance Limited, a retail-oriented housing finance company formerly known as Shriram Housing Finance Limited, has received approval from the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO) worth ₹3,000 crore (approximately $360 million USD). This significant move, announced in a regulatory filing on June 5, 2026, is aimed at bolstering the company's capital base to support its future financial requirements, which include general corporate purposes and onward lending. The net proceeds from the IPO are expected to be utilized over the financial years ending March 31, 2027, and March 31, 2028. Founded in 2010, Truhome Finance is a wholly owned subsidiary of Shriram Finance Limited, which was acquired by the New York-based private equity firm Warburg Pincus in December 2024. The company offers a wide range of secured lending products, including housing loans and loans against property, catering to the retail segment of the housing finance market.