The Aadhar Housing Finance date has been confirmed from May 8, 2024 to May 10, 2024.
Aadhar Housing Finance IPO is a book built issue of Rs 3,000.00 crores. The price band is set at ₹300 to ₹315 per share. The minimum lot size for an application is 47 Shares. The minimum amount of investment required by retail investors is ₹14,805. The minimum lot size investment for sNII is 14 lots (658 shares), amounting to ₹207,270, and for bNII, it is 68 lots (3,196 shares), amounting to ₹1,006,740.
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Key Details Of Aadhar Housing Finance IPO
Bidding Dates
May 8–10
Price Range
₹300 to ₹315 per share
Face Value
₹10 per share
GMP
₹43
Aadhar Housing Finance IPO GMP
The Aadhar Housing Finance IPO GMP is ₹43.
IPO Overview
The Aadhar Housing Finance IPO is a book-built issuance worth Rs 3,000.00 crore. The offering consists of a fresh issue of 3.17 crore shares worth Rs 1,000.00 crore and an offer for sale of 6.35 crore shares worth Rs 2,000.00 crore. The Aadhar Housing Finance IPO will be open for subscriptions on May 8, 2024 and close on May 10, 2024. The allotment for the Aadhar Housing Finance IPO is expected to be completed on Monday, May 13, 2024. Aadhar Housing Finance’s IPO will be listed on the BSE and NSE, with a tentative date of Wednesday, May 15, 2024.
Aadhar Housing Finance’s IPO pricing range is ₹300-315 per share. The minimum lot size for an application is 47 shares. The minimum investment for retail investors is ₹14,805. The minimum lot size investment for sNII is 14 lots (658 shares) for ₹207,270, while for bNII, it is 68 lots (3,196 shares) worth ₹1,006,740.
Aadhar Housing Finance IPO Details
| IPO Date | May 8, 2024 to May 10, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹300 to ₹315 per share |
| Lot Size | 47 Shares |
| Total Issue Size | 95,238,095 shares (aggregating up to ₹3,000.00 Cr) |
| Fresh Issue | 31,746,032 shares (aggregating up to ₹1,000.00 Cr) |
| Offer for Sale | 63,492,063 shares of ₹10 (aggregating up to ₹2,000.00 Cr) |
| Employee Discount | Rs 23 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 394,754,970 |
| Share holding post issue | 426,501,002 |
Aadhar Housing Finance Limited Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 18,035.57 | 16,617.87 | 14,375.81 | 13,630.33 |
| Revenue | 1,895.17 | 2,043.52 | 1,728.56 | 1,575.55 |
| Profit After Tax | 547.88 | 545.34 | 446.20 | 340.46 |
| Net Worth | 4,249.10 | 3,697.60 | 3,146.63 | 2,692.76 |
| Total Borrowing | 13,127.59 | 12,153.45 | 10,674.59 | 10,374.47 |
| Amount in ₹ Crore | ||||
Aadhar Housing Finance IPO Promoter Holding
| Share Holding Pre Issue | 98.72% |
| Share Holding Post Issue |
Company Profile
Aadhar Housing Finance Limited, founded in 2010, is a housing finance company that targets the lower-income segment. The deep impact branches’ sales offices strive to serve customers in India’s tier 4 and tier 5 cities. As of September 30, 2023, the company had enrolled 12,221 Aadhar Mitras, who are paid a referral fee for finding consumer loans. The organisation offers a wide range of mortgage lending options for residential and commercial property purchases, building, home improvement, and extension.
As of September 30, 2023, the corporation has a large network of 471 branches, including 91 sales offices. These branches and sales offices are distributed throughout 20 states and union territories, operating in about 10,926 pin codes across India. As of September 30th, 2023, the corporation had 3,695 employees. Its subsidiary, Aadhar Sales and Services Private Limited (ASSPL), employs 1,851 people. The organisation has served 246,983 consumers over 471 branches and offices.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | [email protected] |
| Website | kosmic.kfintech.com |
Contact Details
| Name | Aadhar Housing Finance Limited |
| Phone number | +91 22 41689900 |
| Email ID | [email protected] |
| Website | aadharhousing.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Aadhar Housing Finance IPO FAQs
When Aadhar Housing Finance IPO will open?
The Aadhar Housing Finance IPO dates are not announced. Please check back again after some time.
What is the lot size of Aadhar Housing Finance IPO?
Aadhar Housing Finance IPO lot size and the minimum order quantity is not available at this time. Please check again later.
When is Aadhar Housing Finance IPO allotment?
The finalization of Basis of Allotment for Aadhar Housing Finance IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
When is Aadhar Housing Finance IPO listing date?
The Aadhar Housing Finance IPO listing date is not yet announced. The tentative date of Aadhar Housing Finance IPO listing is [.].
