Aadhar Housing Finance IPO Details
| IPO Size | 3000 ores |
| Price Range | ₹300 to ₹315 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 47 |
| Investment (cut-off price) | ₹14,805 |
| Pre IPO Promotor Holding | 98.72% |
| Post IPO Promotor Holding | 76.98% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Aadhar Housing Finance IPO Timelines
08/05/2024
Start Date10/05/2024
End Date14/05/2024
Refund Initiation14/05/2024
Credit of Shares to Demat Ac15/05/2024
Listing DateAadhar Housing Finance IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 47 | ₹14,805 |
| Retail Maximum | 13 | 611 | ₹192,465 |
| S-HNI Minimum | 14 | 658 | ₹207,270 |
| B-HNI Minimum | 68 | 3196 | ₹1,006,740 |
Aadhar Housing Finance IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 72.78 x | 16.50x | 2.46 x | 6.52 x | 25.49 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹315 | ₹329.45 | ₹343.70 | ₹292 |
Aadhar Housing Finance IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹1575.55 | ₹1143.04 | ₹340.13 |
| FY 2022 | ₹1728.56 | ₹1161.20 | ₹444.85 |
| FY 2023 | ₹2043.52 | ₹1322.70 | ₹544.76 |
| FY 2024 (9M) | ₹1895.17 | ₹1194.19 | ₹547.88 |
About Company
Aadhar Housing Finance Limited (AHFL) is a retail focused housing finance company, targeting first-time home buyers in economically weaker and low to middle income, salaried & self- employed individuals. They offer a range of mortgage-related loan products, including loans for residential property purchase & construction, home improvement and loans for commercial property construction & acquisition.
Aadhar Housing have 487 branches spread across 20 states and union territories with a significant presence in the states of Maharashtra, Uttar Pradesh, Rajasthan, Madhya Pradesh and Gujarat. It proposes to utilize the net proceeds from the fresh issue towards meeting future capital requirements for onward lending.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2010 | Finance | Rishi Anand |
Know Before Investing
Aadhar Housing Finance IPO Strengths
- The company has a seasoned business model with strong resilience through business cycles.
- It has an extensive branch and sales office network across India.
- The company has employed comprehensive processes for underwriting, collections and monitoring asset quality.
- It has a strong focus on HFC focused on the low-income housing segment and runs with a social motive of making a difference.
Aadhar Housing Finance IPO Risks
- Any increase in the levels of non-performing assets in the AUM can adversely affect the company.
- The business has to comply with regulations and guidelines issued by regulatory authorities in India, including the NHB and RBI.
- It operates in a highly competitive industry.
Swot Analysis for Aadhar Housing Finance IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Company Details
Aadhar Housing Finance Limited
2nd floor, No. 3, JVT Towers,
8th‘A’, Main Road, Sampangi Rama Nagar,
Bengaluru-560027
Phone: +91 22 41689900
Email: [email protected]
Website: https://aadharhousing.com/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Aadhar Housing Finance IPO are:
- To meet future capital requirements towards onward lending; and
- General corporate purposes.
Nomura Financial Advisory & Securities (India) Pvt Ltd, SBI Capital Markets Ltd, Citigroup Global Capital Markets India Pvt Ltd, Kotak Mahindra Capital Co Ltd and ICICI Securities Ltd are the book-running lead managers for the Aadhar Housing Finance IPO.