FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Aadhar Housing Finance IPO Details 2024

IPO Status: Listed [8th May 2024 to 10th May 2024]

Rated 3/5 by Team InvestorGain
Aadhar Housing Finance IPO Detail

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.

Aadhar Housing Finance IPO Details

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

Aadhar Housing Finance IPO Important Dates

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.

Aadhar Housing Finance IPO dates
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

Aadhar Housing Finance IPO Lots

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)

Aadhar Housing Finance IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
15-05-2024315.00431500/21000₹358 (13.65%)15-May-2024 10:25
IPO Live GMP

**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.

About Company - Aadhar Housing Finance

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.

Aadhar Housing Finance IPO Strengths

  • HFC focused on the low income housing segment (ticket size less than ₹1.5 million) in India with the highest AUM and net worth among our analyzed peers in six months ended September 30, 2023.
  • Seasoned business model with strong resilience through business cycles.
  • Extensive branch and sales office network, geographical penetration and sales channels which contribute significantly to loan sourcing and servicing.
  • Robust, comprehensive systems and processes for underwriting, collections and monitoring asset quality.
  • Access to diversified and cost-effective long-term financing with a disciplined approach to asset liability and liquidity management.
  • Social objectives are one of the core components of our business model.
  • Experienced, cycle-tested and professional management team with strong corporate governance.
Incorporation Sector IPO Issue Size Website
1990 Housing Finance Company ₹3000.00 Cr https://aadharhousing.com/

Aadhar Housing Finance IPO Objective

The Company proposes to utilize the Net Proceeds towards the following:
  1. To meet future capital requirements towards onward lending; and
  2. General corporate purposes.

Our experts can help you prepare for SME IPO

Aadhar Housing Finance IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 19,003,176 Shares
  • Non-Institutional Investors: 14,252,381 Shares
  • Retail Individual Investor: 33,255,556 Shares
  • Employees Quota: 239,726 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIIEMPTotal
 # of Shares Offered19,003,176 (28.47%)14,252,381 (21.35%)33,255,556 (49.82%)239,72666,750,839
18th May 2024 19:040.35x0.63x0.45x2.20x0.47x
29th May 2024 19:042.15x2.04x1.00x3.80x1.56x
310th May 2024 18:2176.42x17.33x2.58x6.88x26.76x

Aadhar Housing Finance Limited Financial Information (Restated Consolidated)

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 Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets18,035.5716,617.8714,375.8113,630.33
Revenue1,895.172,043.521,728.561,575.55
Profit After Tax547.88545.34446.20340.46
Net Worth4,249.103,697.603,146.632,692.76
Total Borrowing13,127.5912,153.4510,674.5910,374.47
Amount in ₹ Crore

Aadhar Housing Finance IPO Peer Comparison

The table below show peer comparison from DRHP/RHP.

CompanyEPS BasicEPS DilutedNAVP/E(x)RoNWFinancial statements
Aadhar Housing Finance Limited13.813.493.716.5Consolidated
Aptus Value Housing Finance India Limited10.110.167.131.316.1Consolidated
Aavas Financiers Ltd54.454.3413.628.114.1Consolidated
Home First Finance Company India Ltd2625.2206.534.913.5Consolidated
India Shelter Finance Corporation Limited17.817.5141.433.113.4Consolidated

Company Address

Aadhar Housing Finance Limited
2nd floor, No. 3, JVT Towers, 8th‘A’, Main Road, Sampangi Rama Nagar,
Bangalore,Karnataka-560 027
India
Website: https://aadharhousing.com/
Phone: +91 22 41689900
Email: [email protected]

Aadhar Housing Finance IPO Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Website: https://kosmic.kfintech.com/ipostatus/
Phone: 04067162222, 04079611000
Email: [email protected]
Aadhar Housing Finance IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Aadhar Housing Finance? Should I apply in Aadhar Housing Finance IPO?

Last Updated on 17-May-2024 20:32:50

FAQs

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

Other relevant questions :

How to subscribe Aadhar Housing Finance IPO Zerodha? How to purchase Aadhar Housing Finance IPO on Zerodha? Aadhar Housing Finance IPO how to buy Zerodha? Aadhar Housing Finance IPO Zerodha apply. Aadhar Housing Finance IPO purchase Zerodha. Aadhar Housing Finance IPO with Zerodha. Aadhar Housing Finance IPO at Zerodha. Aadhar Housing Finance IPO kite Zerodha. Aadhar Housing Finance IPO using Zerodha. Aadhar Housing Finance IPO via Zerodha.

 

Apply in Aadhar Housing Finance IPO online

To subscribe or apply in Aadhar Housing Finance IPO, you can use the following methods:

MethodDetails
Aadhar Housing Finance IPO Applying Mode
Online Application3-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 Application2-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 ApplicationASBA

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 ApplicationPhysical 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

Other relevant question on same topics are:

Where to subscribe Aadhar Housing Finance IPO? Where to apply for Aadhar Housing Finance IPO? How to subscribe Aadhar Housing Finance IPO online? Aadhar Housing Finance IPO where to apply? Where to buy Aadhar Housing Finance IPO online? How to buy Aadhar Housing Finance IPO online? How to purchase Aadhar Housing Finance IPO? How to get Aadhar Housing Finance IPO? How to book Aadhar Housing Finance IPO? How to invest Aadhar Housing Finance IPO? Aadhar Housing Finance IPO kaise buy kare?

 

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

  • Step1:Click here.
  • Step2: Click on “Bid-cum Application Form Download
  • Step3: Above Step will open an online form.
  • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
  • Step5: Fill bid details - min 47 and max 611 shares (13 lots).
  • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
  • Step7: This will fill your application online and give you a pdf file.
  • Step8: Take a print of this document and go to your bank for UPI transactions.
  • Or

  • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

Other relevant questions:

How to fill Aadhar Housing Finance IPO form? How to fill Aadhar Housing Finance IPO form online? Aadhar Housing Finance IPO online form? Aadhar Housing Finance IPO online form fill up? Aadhar Housing Finance IPO blank form download? Aadhar Housing Finance IPO bid form? Aadhar Housing Finance IPO full form? Aadhar Housing Finance IPO form nse? Aadhar Housing Finance IPO form bse? Aadhar Housing Finance IPO form online? Aadhar Housing Finance IPO form print? Aadhar Housing Finance IPO application amount?

 

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.

Other relevant questions:

Aadhar Housing Finance IPO share allotment date?Aadhar Housing Finance IPO allotment date?

 


User Reviews

4. Hanifa Hassain Apr 29 2024 11:52:51 PM Reply
Aadhar Housing Finance IPO expected listing gain.
4.1. Sajid May 14 2024 02:51:23 PM
₹ 2,000/- to ₹ 2,500/-
3. Namdeo Bendgude Apr 29 2024 11:52:51 PM Reply
Please confirm Aadhar Housing Finance IPO GMP (grey market premium) and kostak.
2. DAVINDER SINGH Apr 29 2024 11:52:51 PM Reply
Aadhar Housing Finance IPO good or bad.
1. JAPA RAJINIKARREDDY Apr 29 2024 11:52:51 PM Reply
Aadhar Housing Finance IPO whether to invest or not.