Aadhar Housing Finance Limited
Mainboard₹14,805 / 47 Shares
Aadhar Housing Finance Limited IPO Details
The Aadhar Housing Finance Limited IPO price band is set between ₹300-315 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 8 May, 2024 and closes on 10 May, 2024. Investors can check the allotment status on 13 May, 2024, while the listing date is tentatively scheduled for 15 May, 2024.
The total issue size is Total ₹3,000 Cr :#Fresh Issue : 31,746,032 shares, aggregating up to ₹1,000 Cr. Stay tuned for the latest Aadhar Housing Finance Limited IPO review and GMP updates.
Aadhar Housing Finance Limited IPO Review, Rating & Analysis
Aadhar Housing Finance Limited IPO Review
NO REVIEWAadhar Housing Finance Limited IPO Rating
Aadhar Housing Finance Limited IPO Highlights
IPO Date
May 8, 2024 - May 10, 2024
Listing Date
15 May, 2024
Face Value
₹10 Per Equity Share
Price Band
₹300-315 per equity share
Lot Size
47 Shares
Fresh Issue
31,746,032 Shares
Offer for Sale
63,492,063 shares of ₹10
Listing At
BSE, NSE
Aadhar Housing Finance Limited IPO Lot Size
The minimum market lot for Aadhar Housing Finance Limited IPO is 47 shares with an application amount of ₹14,805. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 47 | ₹14,805 |
| Retail (Max) | 13 | 611 | ₹1,92,465 |
| S-HNI (Min) | 14 | 658 | ₹2,07,270 |
| S-HNI (Max) | 67 | 3149 | ₹9,91,935 |
| B-HNI (Min) | 68 | 3196 | ₹10,06,740 |
Aadhar Housing Finance Limited IPO Timeline
Issue Price
₹300-315 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
ICICI Securities LimitedCitigroup Global Markets India Private LimitedKotak Mahindra Capital Company LimitedNomura Financial Advisory And Securities (India) Pvt LtdSBI Capital Markets LimitedIssue Size
Total ₹3,000 Cr :#Fresh Issue : 31,746,032 shares(aggregating up to ₹1,000 Cr) +
#OFS : 63,492,063 shares of ₹10(aggregating up to ₹2,000 Cr)
Aadhar Housing Finance Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 23 | 18035.57 | 1895.17 | 547.88 | 4249.10 | - | 13127.59 |
| 31 Mar 23 | 16617.87 | 2043.52 | 545.34 | 3697.60 | - | 12153.45 |
| 31 Mar 22 | 14375.81 | 1728.56 | 446.20 | 3146.63 | - | 10674.59 |
| 31 Mar 21 | 13630.33 | 1575.55 | 340.46 | 2692.76 | - | 10374.47 |
All values are in ₹ Cr.
Aadhar Housing Finance Limited IPO Valuations
EPS Pre IPO
₹13.81/-EPS Post IPO
₹17.13/-PE Pre IPO
22.8PE Post IPO
18.39ROE
18.4%ROCE
-Debt Equity
3.10RoNW
12.9%PAT Margin
-Price to Book Value
2.93Promoters & Share Holding
Promoter(s) Name
- BCP Topco VII Pte. Ltd
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 98.72% | 76.48% |
About Company
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.
As of Sept. 30, 2023, the company enrolled 12,221 Aadhar Mitras who get referral fees for sourcing customers' loans.
The company provides a variety of mortgage loan products for residential and commercial property purchase and construction, home improvement and extension.
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.
As of September 30th, 2023, the company has 3,695 employees. Its subsidiary, Aadhar Sales and Services Private Limited (ASSPL), has 1,851 employees.
The company has served 246,983 customers nationwide through 471 branches and offices.
Aadhar Housing Finance Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 19,003,176 | 14,252,381 9,501,587 4,750,794 | 33,255,556 | 66,750,839 |
Day 1 -08-05-24 05:00 PM | 0.33 x | 0.60 0.54 x 0.71 x | 0.41 x | 0.44 x |
Day 2 -09-05-24 05:00 PM | 2.05 x | 1.94 1.82 x 2.17 x | 0.94 x | 1.48 x |
Day 3 -10-05-24 05:00 PM | 72.78 x | 16.50 18.00 x 13.50 x | 2.45 x | 25.49 x |
Retail:2.31x
BHNI:3.5x
SHNI:13.5x times
Company Contact Details
Aadhar Housing Finance Limited
2nd floor, No. 3, JVT Towers 8th‘A’, Main Road, Sampangi Rama Nagar, Bengaluru-560027Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: ahfl.ipo@kfintech.com
Frequently Asked Questions about Aadhar Housing Finance Limited IPO
When will Aadhar Housing Finance Limited IPO open for subscription?
The Aadhar Housing Finance Limited IPO opens on 8 May, 2024 and closes on 10 May, 2024.
What is the investors portion for Aadhar Housing Finance Limited IPO?
The investors' portion for QIB is 72.78 x, NII is 18.00 x, and Retail is 2.45 x.
How to apply for Aadhar Housing Finance Limited IPO?
You can apply for Aadhar Housing Finance Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Aadhar Housing Finance Limited IPO?
The issue size of Aadhar Housing Finance Limited IPO is approx ₹Total ₹3,000 Cr :#Fresh Issue : 31,746,032 shares(aggregating up to ₹1,000 Cr) +#OFS : 63,492,063 shares of ₹10(aggregating up to ₹2,000 Cr) crores.
What is the price band of Aadhar Housing Finance Limited IPO?
The price band for Aadhar Housing Finance Limited IPO is ₹300 to ₹315 per equity share.
What is the lot size of Aadhar Housing Finance Limited IPO?
The minimum bid (lot size) for Aadhar Housing Finance Limited IPO is N/A shares with an investment of approx ₹14,805 .
What is the allotment date of Aadhar Housing Finance Limited IPO?
The allotment date for Aadhar Housing Finance Limited IPO is 13 May, 2024.
What is the listing date of Aadhar Housing Finance Limited IPO?
The listing date for Aadhar Housing Finance Limited IPO is expected to be 15 May, 2024.
What is the GMP of Aadhar Housing Finance Limited IPO?
The latest Grey Market Premium (GMP) for Aadhar Housing Finance Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.