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IPO Status: Listed [8th May 2024 to 10th May 2024]
Aadhar Housing Finance IPO, a Mainline IPO of ₹3000.00 Cr was launced on 08-05-2024 to 10-05-2024 and the shares got listed on BSE, NSE on 15-05-2024.
The public issue of Aadhar Housing Finance IPO (AADHARHFC,544176) was offered at ₹315.00 per share and the ipo was listed at ₹315.00. It has delivered at par listing .
As the minimum lot size was 47 shares, the IPO has offered Rs 0.00 per lot loss on listing.
IPO Issue Opening Date: | 8th May 2024 |
IPO Issue Closing Date: | 10th May 2024 |
IPO Issue Price: | ₹300.00-315.00 Per Share |
DRHP: | Download DRHP |
RHP: | Download RHP |
Anchor List: | Download Anchor List |
IPO Listing At: | BSE, NSE |
Retail Quota: | Not Less than 35% of the Net Issue |
IPO Issue Type: | Book Build Issue |
IPO Issue Size: | ₹3000.00 Cr |
Offer for Sale: | ₹2000.00 Cr |
Fresh Issue: | ₹1000.00 Cr |
Face Value: | ₹10 Per Equity Share |
IPO Discount: | Emplopee:23.00 |
Promoter Holding Pre IPO: | 98.72% |
Promoter Holding Post IPO: | |
Allotment Status: | Allotment Status |
BSE Code: | 544176 |
NSE Code: | AADHARHFC |
Get important updates regarding Aadhar Housing Finance IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
IPO Activity | Date |
---|---|
Basis of Allotment Date* | 13th May 2024 |
Refunds Initiation* | 14th May 2024 |
Credit of Shares to Demat* | 14th May 2024 |
IPO Listing Date* | 15th May 2024 |
* - Tentative Dates
IPO Activity | Date |
---|---|
Issue Price | ₹300.00-315.00 |
Market Lot: | 47 Shares |
1 Lot Amount: | ₹14805 |
Min Small HNI Lots(2-10 Lakh): | 658 shares (14 lots) |
Min Big HNI Lots(10+ Lakh): | 3196 shares (68 lots) |
GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
---|---|---|---|---|---|
15-05-2024 | 315.00 | 43 | 1500/21000 | ₹358 (13.65%) | 15-May-2024 10:25 |
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Aadhar Housing Finance Limited is a housing finance company that focuses on providing financial assistance to the low-income housing segment in India. Their loan size is less than ₹1.5 million. In the period of six months that ended on September 30, 2023, they had the highest Assets Under Management (AUM) and net worth among their peers.
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.
They secure financing from a variety of sources including term loans and cash credit/ working capital facilities, proceeds from loans assigned, proceeds from the issuance of NCDs, refinancing from the NHB and subordinated debt borrowings from banks, mutual funds, insurance companies and other domestic, development financial institutions to meet their capital requirements.
The company has created its credit assessment model and has digitized monthly customer collections to reduce processing time and improve collection efficiency. They have also transitioned to a digital IT infrastructure, which has resulted in cost reduction, real-time analysis of customer data, and improvements in their control and underwriting functions. This has also expanded their customer reach and distribution capability.
Incorporation | Sector | IPO Issue Size | Website |
1990 | Housing Finance Company | ₹3000.00 Cr | https://aadharhousing.com/ |
Our experts can help you prepare for SME IPO
The table below is live update of IPO bidding details from NSE and BSE.
Day | QIB | NII | RII | EMP | Total | |
---|---|---|---|---|---|---|
# of Shares Offered | 19,003,176 (28.47%) | 14,252,381 (21.35%) | 33,255,556 (49.82%) | 239,726 | 66,750,839 | |
1 | 8th May 2024 19:04 | 0.35x | 0.63x | 0.45x | 2.20x | 0.47x |
2 | 9th May 2024 19:04 | 2.15x | 2.04x | 1.00x | 3.80x | 1.56x |
3 | 10th May 2024 18:21 | 76.42x | 17.33x | 2.58x | 6.88x | 26.76x |
Aadhar Housing Finance Limited's revenue increased by 18.22% and profit after tax (PAT) rose by 22.22% between the financial year ending with March 31, 2023 and March 31, 2022.
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 |
The table below show peer comparison from DRHP/RHP.
Company | EPS Basic | EPS Diluted | NAV | P/E(x) | RoNW | Financial statements |
---|---|---|---|---|---|---|
Aadhar Housing Finance Limited | 13.8 | 13.4 | 93.7 | 16.5 | Consolidated | |
Aptus Value Housing Finance India Limited | 10.1 | 10.1 | 67.1 | 31.3 | 16.1 | Consolidated |
Aavas Financiers Ltd | 54.4 | 54.3 | 413.6 | 28.1 | 14.1 | Consolidated |
Home First Finance Company India Ltd | 26 | 25.2 | 206.5 | 34.9 | 13.5 | Consolidated |
India Shelter Finance Corporation Limited | 17.8 | 17.5 | 141.4 | 33.1 | 13.4 | Consolidated |
Last Updated on 17-May-2024 20:32:50
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Aadhar Housing Finance IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Aadhar Housing Finance IPO with Zerodha.
Alternate approch to apply in Aadhar Housing Finance IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
Aadhar Housing Finance IPO Review and Important Updates
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To subscribe or apply in Aadhar Housing Finance IPO, you can use the following methods:
Aadhar Housing Finance IPO Applying Mode | Method | Details |
Online Application | 3-in-1 Trading Account | If your broker is 3-in-1 service provider, you can apply in Aadhar Housing Finance IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment. |
Online Application | 2-in-1 Trading Account | Brokers like Zerodha, TradeSmart Online provides access to applying in Aadhar Housing Finance IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online. |
Online Application | ASBA | This is one of the most popular mode of applying in Aadhar Housing Finance IPO. Most of the Syndicate Banks provide access to apply in Aadhar Housing Finance IPO via ASBA process. You must have your net banking access, DP ID information to apply in Aadhar Housing Finance IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account. |
Offline Application | Physical Form | You can apply in Aadhar Housing Finance IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app. |
Aadhar Housing Finance IPO Review and Important Updates
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Applying in Aadhar Housing Finance IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Aadhar Housing Finance IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.
For more details on how to use UPI payment method to apply Aadhar Housing Finance IPO, please refer article >> Link
Aadhar Housing Finance IPO Review and Important Updates
Steps to download the online application form for Aadhar Housing Finance IPO
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Aadhar Housing Finance IPO is going to be list on 15-05-2024. NSE Code for Aadhar Housing Finance is AADHARHFC. BSE Code for Aadhar Housing Finance is 544176.
Other relevant questions:
When Aadhar Housing Finance IPO will be listing? Aadhar Housing Finance IPO NSE listing date?Aadhar Housing Finance IPO date of listing.Aadhar Housing Finance IPO BSE listing date?
Aadhar Housing Finance IPO Allotment Date is 13-05-2024.
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