Nexus Venture Partners, through its affiliates Nexus Ventures III and Nexus Opportunity Fund II Ltd, offloaded 64 lakh shares, representing a 5.97% stake in India Shelter Finance Corporation, via two separate bulk deals on the BSE. The shares were sold at prices ranging from Rs 752.35 to Rs 753.27 each, bringing the total deal value to Rs 4.81 billion.

Following this transaction, Nexus Venture Partners' shareholding in India Shelter Finance Corporation has decreased from 21.32% to 15.35%. Meanwhile, financial services company Goldman Sachs and SBI Life Insurance increased their stakes by acquiring a combined 1.31% stake in India Shelter Finance Corporation for Rs 1.06 billion.

According to the data, Goldman Sachs acquired 7.42 lakh shares, or a 0.69% stake, in India Shelter Finance Corporation, while SBI Life Insurance purchased 6.70 lakh units, representing a 0.62% holding in the company. The shares were acquired at an average price of Rs 752.35 each, resulting in a total deal value of Rs 1.06 billion.

After the stake purchases, Goldman Sachs raised its ownership in India Shelter Finance Corporation to 1.78%, while SBI Life Insurance increased its holding to 2.56%, up from 1.94%.