Gruh Finance Ltd has announced that issue of 79,50,000 fully paid equity shares with a face value of Rs 10/- each at a premium of Rs 65/- per share for an amount not more than Rs 5,962.50 lacs to the existing shareholders on Rights Basis in the ratio of three fully paid equity shares for every ten equity shares held by the existing shareholders on the Record date i.e. September 02, 2006, has been closed after the close of business hours on October 13, 2006.