IPO for Aadhar Housing Finance is scheduled to begin on May 8. The Mainline IPO for Aadhar Housing Finance aims to raise ₹3000 crores. With a market lot of 47 shares, the Aadhar Housing Finance initial public offering (IPO) pricing range is set at ₹300 to ₹315. Loans for home remodeling and extension, commercial property acquisition and building, and residential property purchase and construction are just a few of the mortgage-related loan products that Aadhar Housing Finance provides. Despite numerous outside events affecting the Indian economy, its financial performance has stayed steady and durable.
Aadhar Housing Finance IPO Details
| IPO Open Date | May 08 2024 |
| IPO Close Date | May 10 2024 |
| Total Shares | 95,238,095 |
| Face Value | ₹ 10 Per Equity Share |
| Issue Size | 3,000.00 Cr. |
| Lot Size | 47 Shares |
| Issue Price | ₹ 300 – 315 Per Equity Share |
| Listing At | NSE,BSE |
| Listing Date | May 15 2024 |
| Share holding pre issue | 394,754,970 |
| Share holding post issue | 426,501,002 |
Aadhar Housing Finance Financials
| FY 2023 | FY 2024 | |
| Revenue | 2,043.23 | 1,895.02 |
| Expenses | 1,322.70 | 1,194.19 |
| Net income | 544.76 | 547.88 |
| Margin (%) | 26.66 | 28.91 |
How to check allotment status in BSE website?
To view the allocation status on the websites of the BSE or NSE:
- Visit the BSE webpage.
- Choose ‘Aadhar Housing Finance’ from the dropdown menu after clicking on ‘Equity’ on the webpage.
- Enter your PAN and application number now.
- Press the “Search” button.
About Aadhar Housing Finance
A housing financing company called Aadhar Housing financing Limited concentrates on offering financial support to India’s low-income housing market. Less than ₹1.5 million is the amount of their debt. Among their peers, they possessed the highest net worth and Assets Under Management (AUM) during the six-month period that concluded on September 30, 2023. As of September 30, 2023, they had a vast network consisting of 471 branches, including 91 sales offices. Their sales offices and branches are dispersed throughout 20 states and union territories, serving over 10,926 pin codes in India.
They obtain funding from diverse sources such as term loans, cash credit/working capital facilities, proceeds from assigned loans, proceeds from NCD issuance, NHB refinancing, and subordinated debt borrowings from banks, mutual funds, insurance companies, and other domestic development financial institutions in order to fulfill their capital needs.
