Aadhar Housing Finance Limited IPO
- IPO Date08 May, 2024 to 10 May, 2024
- Listing Date15 May, 2024
- Face Value₹10 per share
- Issue Price₹300 to ₹315 per share
- Lot Size47 Shares
- Minimum Investment₹14,805
- Listing AtBSE, NSE
- Total Issue Size9,52,38,095 Shares
(aggregating up to ₹3000.00 Cr) - Fresh Issue3,17,46,032 Shares
(aggregating up to ₹1000.00 Cr)
- Offer for Sale6,34,92,063 Shares
(aggregating up to ₹2000.00 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue39,47,54,970
- Shareholding post issue42,65,01,002
IPO Dates
Closing Date
10 May, 2024
Initiation of Refunds
14 May, 2024
Listing Date
15 May, 2024
08 May, 2024
Opening Date
13 May, 2024
Basis of Allotment
14 May, 2024
Credit of Shares
Aadhar Housing Finance Limited Lot Size
Investors can bid for a minimum of 47 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Max) | 13 | 611 | ₹1,92,465 |
| S-HNI (Max) | 67 | 3149 | ₹9,91,935 |
| S-HNI (Min) | 14 | 658 | ₹2,07,270 |
| Retail (Min) | 1 | 47 | ₹14,805 |
| B-HNI (Min) | 68 | 3196 | ₹10,06,740 |
Aadhar Housing Finance Limited Promoter Holding
BCP Topco VII Pte. Ltd. is the promoter of the Company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 98.72% | - |
Aadhar Housing Finance Limited COMPANY INFORMATION
Aadhar Housing Finance IPO is a book built issue of Rs 3,000.00 crores. The issue is a combination of fresh issue of 3.17 crore shares aggregating to Rs 1,000.00 crores and offer for sale of 6.35 crore shares aggregating to Rs 2,000.00 crores. Aadhar Housing Finance IPO is open for subscription on May 8, 2024 and close today May 10, 2024. The allotment for the Aadhar Housing Finance IPO is expected to be finalized on Monday, May 13, 2024. Aadhar Housing Finance IPO will list on BSE, NSE with tentative listing date fixed as Wednesday, May 15, 2024. Aadhar Housing Finance IPO 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. The issue includes a reservation of up to 239,726 shares for employees offered at a discount of Rs 23 to the issue price. ICICI Securities Limited, Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd and SBI Capital Markets Limited are the book running lead managers of the Aadhar Housing Finance IPO, while Kfin Technologies Limited is the registrar for the issue. Refer to Aadhar Housing Finance IPO RHP for detailed information.
Incorporated in 2010, Aadhar Housing Finance Limited is a housing finance company targeting the lower income segment.
The deep impact branches' sales offices aim to serve customers in India's tier 4 and tier 5 towns.
As of Sept. 30, 2023, the company enrolled 12,221 Aadhar Mitras who get referral fees for sourcing customers' loans.
The company provides a variety of mortgage loan products for residential and commercial property purchase and construction, home improvement and extension.
As of September 30, 2023, the company has a vast network of 471 branches, including 91 sales offices. These branches and sales offices are spread across 20 states and union territories, and they operate in around 10,926 pin codes throughout India.
As of September 30th, 2023, the company has 3,695 employees. Its subsidiary, Aadhar Sales and Services Private Limited (ASSPL), has 1,851 employees.
The company has served 246,983 customers nationwide through 471 branches and offices.
FAQs About Aadhar Housing Finance Limited Ipo
Aadhar Housing Finance Limited IPO will open on 08 May, 2024 and close on 10 May, 2024. Investors must apply within this period to participate.
The Aadhar Housing Finance Limited IPO price band is set between ₹300.00 and ₹315.00 per share. The minimum lot size is 47, requiring an investment of at least ₹14805.00.
The Aadhar Housing Finance Limited IPO shares are expected to be listed on 15 May, 2024, subject to regulatory approvals and final allotment.
You can track your Aadhar Housing Finance Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Aadhar Housing Finance Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.