Aadhar Housing Finance IPO GMP Today, Aadhar Housing Finance IPO Grey Market Premium Updates | Aadhar Housing Finance IPO, Latest target, Opening gain
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.
The company provides a variety of mortgage loan products for residential and commercial property purchase and construction, home improvement and extension.
As of Sept. 30, 2023, the company enrolled 12,221 Aadhar Mitras who get referral fees for sourcing customers’ loans.
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.
The company has served 246,983 customers nationwide through 471 branches and offices.
As of September 30th, 2023, the company has 3,695 employees. Its subsidiary, Aadhar Sales and Services Private Limited (ASSPL), has 1,851 employees.
Aadhar Housing Finance IPO Details:
| Issuer | Aadhar Housing Finance IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: 08 May 2024 | |
| Issue Closes: 10 May 2024 | ||
| Price Brand | ₹300 to ₹315 per share | |
| Issue Size | 3,000.00 Cr | |
| Face Value | ₹10 per share | |
| Market Lot | 47 Shares | |
| Retail (Max) | ₹192,465 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | 95,238,095 shares | |
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Aadhar Housing Finance IPO GMP Rates day by day
Aadhar Housing Finance IPO Market Lot:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 47 | ₹14,805 |
| Retail (Max) | 13 | 611 | ₹192,465 |
| S-HNI (Min) | 14 | 658 | ₹207,270 |
| S-HNI (Max) | 67 | 3,149 | ₹991,935 |
| B-HNI (Min) | 68 | 3,196 | ₹1,006,740 |
Aadhar Housing Finance IPO Date, Allotment & Listing:
| Aadhar Housing Finance IPO Opening Date: | May 08, 2024 |
| Aadhar Housing Finance IPO Closing Date: | May 10, 2024 |
| Basis of Allotment: | May 13, 2024 |
| Initiation of Refunds: | May 14, 2024 |
| Credit to Demat Account: | May 14, 2024 |
| Listing Date: | May 15, 2024 |
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 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 | ||||
Key Performance Indicator
The market capitalization of Aadhar Housing Finance IPO is Rs 13434.78 Cr.
KPI as of December 31, 2023.
| KPI | Values |
|---|---|
| ROE | 18.4% |
| Debt/Equity | 3.1 |
| RoNW | 12.9% |
| P/BV | 2.93 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 13.81 | 17.13 |
| P/E (x) | 22.8 | 18.39 |
Objects of the Issue (Aadhar Housing Finance IPO Objectives)
- To meet future capital requirements towards onward lending; and
- General corporate purposes.
Aadhar Housing Finance IPO ALLOTMENT STATUS
How to Apply for Aadhar Housing Finance IPO?
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How to Apply Aadhar Housing Finance IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Aadhar Housing Finance”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Aadhar Housing Finance IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Aadhar Housing Finance”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
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IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
Aadhar Housing Finance IPO is a main-board initial public offering of 95,238,095 Equity shares of the face value of ₹10 aggregating up to ₹3,000.00 Crores. The issue price of the IPO is ₹300 to ₹315 Per Equity Share. The minimum order quantity is 47 Shares per application and the offer type is Book Built Issue. The IPO opens on May 08, 2024 and closes on May 10, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Aadhar Housing Finance IPO opens on May 08, 2024 and closes on May 10, 2024.
You can apply in Aadhar Housing Finance IPO online using either UPI or ASBA as payment method. 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.
The finalization of Basis of Allotment for Aadhar Housing Finance IPO will be done on May 13, 2024, and the allotted shares will be credited to your demat account by May 14, 2024. Check the Aadhar Housing Finance IPO allotment status.
The Aadhar Housing Finance IPO listing date is not yet announced. The tentative date of Aadhar Housing Finance IPO listing is May 15, 2024.
Aadhar Housing Finance IPO lot size is 47 Shares and the minimum order quantity is 1 Shares.