New Delhi, May 5 -- Affordable-housing lender Shubham Housing Finance, backed by Multiples Private Equity and Premji Invest, has initiated early discussions with investment bankers for a potential Rs.2,000-crore initial public offering (IPO) that could be filed within the current financial year, according to two people aware of the development.

News of the Gurugram firm's planned IPO comes over a month after early investors in Shubham Housing Development Finance partially exited through a $96-million secondary transaction led by private equity firm Creador, with participation from existing investor LeapFrog Investments.

"Shubham has initiated preliminary talks with bankers. The contours of the issue are still being worked out," said one...