The Aadhar Housing Finance IPO commenced on May 8, 2024, and concluded on May 10, 2024. The allotment of shares took place on May 13, 2024, and the initiation of refunds began on May 14, 2024. The shares were credited to the demat accounts of investors on May 14, 2024. Finally, the listing of Aadhar Housing Finance on the stock exchange occurred on May 15, 2024.
The Aadhar Housing Finance IPO was priced at ₹300 to ₹315 per share, with a lot size of 47 shares. The total issue size was ₹3000 crores, comprising a fresh issue of ₹1000 crores and an offer for sale of ₹2000 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Aadhar Housing Finance IPO Basic Details
| Company Name | Aadhar Housing Finance Limited |
| Domain of Company | Housing Loan Company |
| Aadhar Housing Finance IPO GMP Today | ₹70 |
| Aadhar Housing Finance IPO Listing Gain | 22.22% |
| Aadhar Housing Finance IPO Open Date | May 8, 2024 |
| Aadhar Housing Finance IPO Close Date | May 10, 2024 |
| Aadhar Housing Finance IPO Allotment Date | May 13, 2024 |
| Aadhar Housing Finance IPO Listing Date | May 15, 2024 |
| Face Value | ₹10 per share |
| Price | ₹300 to ₹315 per share |
| Lot Size | 47 Shares |
| Issue Size | 95,238,095 shares of ₹10 (aggregating up to ₹3,000.00 Cr) |
| Fresh Issue | 31,746,032 shares of ₹10 (aggregating up to ₹1,000.00 Cr) |
| Offer for Sale | 63,492,063 shares of ₹10 (aggregating up to ₹2,000.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Company Promoters | BCP Topco VII Pte. Ltd. |
Aadhar Housing Finance IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹70 | 22.22% | – | – |
| 7 May 2024 | ₹70 | 22.22% | – | – |
Aadhar Housing Finance IPO Details:
Established in 2010, Aadhar Housing Finance Limited is a company that helps people from lower income groups to get loans for buying homes.
They have special sales offices in small towns all over India, making it easier for people in those areas to access their services.
By September 30, 2023, Aadhar Housing Finance had partnered with 12,221 Aadhar Mitras, who earn money by referring customers for loans.
They offer various types of loans for buying or building homes, as well as for home improvements and extensions.
As of September 30, 2023, they have a large network of 471 branches and 91 sales offices spread across 20 states and union territories, serving customers in nearly 11,000 areas across India.
By the same date, they employed 3,695 people, with their subsidiary Aadhar Sales and Services Private Limited (ASSPL) having 1,851 employees.
Through their branches and offices, Aadhar Housing Finance has helped nearly 247,000 customers all over India.
Aadhar Housing Finance IPO More Details Click Here
Aadhar Housing Finance IPO FAQs
When is Aadhar Housing Finance IPO open?
Aadhar Housing Finance IPO will open on 8 May 2024.
When is Aadhar Housing Finance IPO Close?
Aadhar Housing Finance IPO will be closed on 10 May 2024.
What is Aadhar Housing Finance IPO GMP Today?
The Aadhar Housing Finance IPO GMP aka Grey Market Premium is ₹70.
What is Aadhar Housing Finance IPO Kostak Rates Today?
The Aadhar Housing Finance IPO Kostak Rate is ₹000.
What is Aadhar Housing Finance IPO Subject to Sauda Price Today?
The Aadhar Housing Finance IPO subject to sauda rates is ₹000.
Aadhar Housing Finance IPO Expected Returns?
The Aadhar Housing Finance expected return is 22.22%.
How much will be the listing gain in Aadhar Housing Finance IPO?
Aadhar Housing Finance IPO will get listing gain of 22.22%. (Approx.)
