Aadhar Housing Finance IPO Date, Review, Price, Allotment Details

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AADHAR HOUSING FINANCE IPO Overview

You are at right place to check all the details regarding AADHAR HOUSING FINANCE IPO. The dates for AADHAR HOUSING FINANCE IPO is announced. The IPO will open on May 08, 2024 and will close on May 10, 2024 .

The AADHAR HOUSING FINANCE IPO price band is fixed at ₹300 to ₹315 Per Share. The company aims to to raise around ₹3000 Crores via this IPO. You can find complete information about AADHAR HOUSING FINANCE IPO in this post.

The AADHAR HOUSING FINANCE IPO lot size for the application is 47 shares and hence minimum amount that you would need for this IPO (by retail investors) is ₹14,805.

About AADHAR HOUSING FINANCE IPO:

Aadhar Housing Finance offers a range of mortgage-related loan products, including loans for residential property purchase and construction; home improvement and extension loans; and loans for commercial property construction and acquisition. Their financial performance has remained consistent and resilient through various external events in the Indian economy.

They have made social objectives one of the core objectives of their business model. They operate a financially inclusive, customer-centric lending business and believe that their business model contributes significantly to the economic uplift of their target customers by contributing to an improvement in their standard of living. In addition to their customer-facing social objectives, they have also implemented social objectives in aspects of their business. Their presence in urban and semi-urban locations across India provides a source of employment in these locations. 

They have an extensive network of 471 branches* including 91 sales offices, as of September 30, 2023. Their branches and sales offices are spread across 20 states and union territories, operating in approximately 10,926 pin codes across India, as of September 30, 2023

Objects of the Issue

  • To meet future capital requirements towards onward lending
  • General corporate purposes.

AADHAR HOUSING FINANCE IPO Review (Apply or Not?)

To be updated

AADHAR HOUSING FINANCE IPO Brokrage House Reviews:

  • Capital Market: To be updated soon
  • Religare Broking: To be updated soon
  • Hem Securities: To be updated soon
  • Arihant Capital: To be updated soon

AADHAR HOUSING FINANCE IPO Date & Price Band Details

IPO Open:May 08, 2024
IPO Close:May 10, 2024
IPO Size:3000 Crores
Fresh Issue:₹1000 Crores (Approx)
Offer For Sale₹2000 Crores (Approx)
Face Value:Rs10 Per Equity Share
IPO Price Band:₹300 to ₹315 Per Share
IPO Lot Size47 Shares
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

AADHAR HOUSING FINANCE IPO Market Lot

The AADHAR HOUSING FINANCE IPO minimum market lot is 47 shares which is equal to ₹14,805 application amount. The retail investors can apply up-to 13 lots with 611 shares which is equal to ₹192,465

CategoryLot SizeSharesRequired Amount
Retail Minimum147₹14,805
Retail Maximum13611₹192,465
S-HNI Minimum14658₹207,270
B-HNI Minimum683196₹1,006,740

AADHAR HOUSING FINANCE IPO Allotment & Listing Dates

The AADHAR HOUSING FINANCE IPO open date is May 08, 2024 and the close date is May 10, 2024 . The AADHAR HOUSING FINANCE IPO allotment will be finalized on May 13, 2024 and the IPO listing on May 15, 2024 .

IPO Open Date:May 08, 2024
IPO Close Date:May 10, 2024
Basis of Allotment:May 13, 2024
Refunds:May 14, 2024
Credit to Demat Account:May 14, 2024
IPO Listing Date:May 15, 2024

AADHAR HOUSING FINANCE Company Financial Report

AADHAR HOUSING FINANCE IPO Valuation

Below is the financial details of AADHAR HOUSING FINANCE for the year FY2023.

Earning Per Share (EPS):₹13.8 per Equity Share
P/E Ratio:
Return on Net Worth (RoNW):14.7%
Debt/Equity:₹93.7 per Equity Share

Company Promoters:

  • BCP Topco VII Pte. Ltd

Competitor Companies:

  • Aptus Value Housing Finance India Limited
  • Aavas Financiers Limited
  • Home First Finance Company India Limited
  • India Shelter Finance Corporation Limited

AADHAR HOUSING FINANCE IPO Registrar

KFin Technologies Limited
Tel: +91 40 6716 2222
E-mail: ahfl.ipo@kfintech.com
Website: www.kfintech.com

AADHAR HOUSING FINANCE IPO Lead Managers

  • ICICI Securities Limited
  • Citigroup Global Markets India Private Limited
  • Kotak Mahindra Capital Company Limited
  • Nomura Financial Advisory and Securities (India) Private Limited
  • SBI Capital Markets Limited

AADHAR HOUSING FINANCE IPO Allotment Status Check

Allotment status of AADHAR HOUSING FINANCE IPO can be checked on KFin Technologies website : Click here

Company Address of AADHAR HOUSING FINANCE :

Company Address

Unit No. 802, 8th Floor, Natraj by Rustomjee,
Junction of Western Express Highway and M. V. Road,
Andheri (East), Mumbai 400 069, Maharashtra
Phone: +91 22 3950 9900
Email: complianceofficer@aadharhousing.com
Website: www.aadharhousing.com

AADHAR HOUSING FINANCE IPO FAQs

Q1) What is AADHAR HOUSING FINANCE IPO?

Answer: AADHAR HOUSING FINANCE IPO is Initial Public Offer from AADHAR HOUSING FINANCE company. The company is planning to raise ₹3000 Crores via this IPO. The share price is priced at band of ₹300 to ₹315 per equity share. The IPO will be listed on BSE & NSE.

Q2) When AADHAR HOUSING FINANCE IPO will open and close?

Answer: The IPO is to open on May 08, 2024 for QIB, NII, and Retail Investors and closes on May 10, 2024

Q3) What is AADHAR HOUSING FINANCE IPO Investors Portion?

Answer: The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

Q4) What is the AADHAR HOUSING FINANCE IPO Allotment Date?

Answer: AADHAR HOUSING FINANCE IPO allotment date is May 13, 2024.

Q5) What is the AADHAR HOUSING FINANCE IPO Listing Date?

Answer: AADHAR HOUSING FINANCE IPO listing date is May 15, 2024. The IPO is to list on BSE and NSE.

Q6) How to Apply the AADHAR HOUSING FINANCE IPO through Zerodha?

Answer: You can apply to this IPO through Zerodha by logging in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “AADHAR HOUSING FINANCE ”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App like PhonePe or GooglePay etc to Approve the mandate. If you still dont have Demat account with Zerodha you can open it using this link,  Open Demat Account with Zerodha.