Aadhar Housing Finance IPO Details | GMP, Date, Price

Aadhar Housing Finance IPO Details ( Aadhar Housing Finance Limited IPO Review )

(8 May 2024 – 10 May 2024)

Established in 2010, Aadhar Housing Finance Limited is a company that helps people with lower incomes to finance their homes.

We’ve set up sales offices called “deep impact branches” to reach customers in smaller towns across India.

By September 30, 2023, we had enlisted 12,221 Aadhar Mitras, who earn referral fees for bringing in customers for loans.

We offer various types of loans for buying or building homes, as well as for home improvements and extensions.

As of September 30, 2023, we’ve expanded to 471 branches, with 91 sales offices, covering 20 states and union territories. Our network serves approximately 10,926 pin codes across India.

Our team comprises 3,695 employees, including 1,851 at our subsidiary, Aadhar Sales and Services Private Limited (ASSPL).

To date, we’ve assisted 246,983 customers across the nation through our branches and offices.

Aadhar Housing Finance Limited IPO Competitive Strength

• 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 Fiscal 2021, Fiscal 2022, Fiscal 2023 and nine months ended December 31, 2022 and December 31, 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; and
• Experienced, cycle-tested and professional management team with strong corporate governance

Aadhar Housing Finance IPO Financials Performance ( Results )

Aadhar Housing Finance Limited Financial Information (Restated Consolidated)

All Amount in ₹ Crores

Period Ended	Total Assets	Total Revenue	PAT	Net Worth	Borrowing
31-Mar-21	13,630.33	1,575.55	340.46	2,692.76	10,374.47
31-Mar-22	14,375.81	1,728.56	446.20	3,146.63	10,674.59
31-Mar-23	16,617.87	2,043.52	545.34	3,697.60	12,153.45
31-Dec-23	18,035.57	1,895.17	547.88	4,249.10	13,127.59

Objective of Aadhar Housing Finance IPO Issue

• To meet future capital requirements towards onward lending; and
• General corporate purposes.

Aadhar Housing Finance IPO Basic Details

IPO Date	May 8, 2024 to May 10, 2024
Listing Date	Wednesday, May 15, 2024
Face Value	₹10 per share
Price	₹300 to ₹315 per share
Lot Size	47 Shares
Issue Size	95,238,095 shares of ₹10 (aggregating up to ₹3,000.00 Cr)
Fresh Issue	31,746,032 shares of ₹10 (aggregating up to ₹1,000.00 Cr)
Offer for Sale	63,492,063 shares of ₹10 (aggregating up to ₹2,000.00 Cr)
Employee Discount	Rs 23 per share
Issue Type	Book Built Issue IPO
Listing At	NSE, BSE
Share holding pre issue	394,754,970
Share holding post issue	426,501,002
Company Promoters	BCP Topco VII Pte. Ltd.

Aadhar Housing Finance IPO Reservation

QIB Shares Offered	50% of the Net Issue
NII (HNI) Shares Offered	15% of the Net Issue
Retail Shares Offered	35% of the Net Issue

Aadhar Housing Finance IPO Timetable

Aadhar Housing Finance IPO will open on May 8, 2024 and close on May 10, 2024. You can join Aadhar Housing Finance IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Event	Date
Opening Date	8 May 2024 (Wednesday)
Closing Date	10 May 2024 (Friday)
Basis of Allotment	13 May 2024 (Monday)
Initiation of Refunds	14 May 2024 (Tuesday)
Credit of Shares to Demat	14 May 2024 (Tuesday)
Listing Date	15 May 2024 (Wednesday)
Deadline for UPI mandate confirmation	5 PM on 10 May 2024

Aadhar Housing Finance IPO Lot Size

For retail investors in Aadhar Housing Finance IPO, 47 shares will come in 1 lot or the minimum investment will be ₹14,805. Retail-individual investors can apply for up to 13 lots or the maximum investment will be ₹192,465.

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 Promoter Holding

The company’s promoters include BCP Topco VII Pte. Ltd..

Pre Issue Share Holding	98.72%
Post Issue Share Holding

Aadhar Housing Finance Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

KPI	Values
Market Cap (₹ Cr.)	13434.78
Earning Per Share (EPS)	₹13.40 per Equity Share
Net Asset Value (NAV)	₹93.70 per Equity Share
P/E Ratio (P/E) (x)	22.80
Post P/E Ratio (P/E) (x)	18.39
Return on Net Worth (RoNW) (%)	12.90
Return on equity (ROE) (%)	18.40
Debt/Equity Ratio	3.10
Price/Book Value Ratio	2.93

Aadhar Housing Finance IPO GMP Live Update, Kostak Rate day by day

Date	GMP	Kostak	Subject to
Today	₹70	–	–
7 May 2024	₹70	–	–

Aadhar Housing Finance IPO Detail Video:

Aadhar Housing Finance IPO Subscription Status (Bidding Detail)

The Aadhar Housing Finance IPO on May 10, 2024 at 7:02:00 PM was subscribed 25.62 times, with the retail category being subscribed 2.41 times, the NII (Non-Institutional Investor) category being subscribed 17.19 times, QIB (Qualified-Institutional Buyers) category being subscribed 72.82 times.

Category	Subscription
QIB	72.82x
NII	17.19x
Retail	2.41x
Employee	6.50x
Total	25.62x

Aadhar Housing Finance IPO Prospectus

Aadhar Housing Finance IPO DRHP	Download
Aadhar Housing Finance IPO RHP	Download
Aadhar Housing Finance IPO Anchor Investors Details PDF	Download

Aadhar Housing Finance IPO Rating

Our Rating

3.5/5.0

Aadhar Housing Finance Company Contact Information

Aadhar Housing Finance Limited

Registered Office: 2nd floor, No. 3, JVT Towers, 8th ‘A’, Main Road, Sampangi Rama Nagar, Bengaluru 560 027, Karnataka, India
Corporate Office: Unit No. 802, 8th Floor, Natraj by Rustomjee, Junction of Western Express Highway and M. V. Road, Andheri (East), Mumbai 400 069, Maharashtra, India
Telephone: +91 22 4168 9900
Contact Person: Harshada Pathak., Company Secretary and Compliance Officer
E-mail: complianceofficer@aadharhousing.com
Website: https://aadharhousing.com/
Corporate Identity Number: U66010KA1990PLC011409

Aadhar Housing Finance IPO Registrar

KFin Technologies Limited
(formerly known as KFin Technologies Private Limited)

Registered Office: Selenium Tower-B,Plot 31 & 32, Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana, India
Tel: +91 40 67162222
E-mail: ahfl.ipo@kfintech.com
Investor Grievance E-mail: einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: M.Murali Krishna
SEBI Registration No.: INR000000221

Aadhar Housing Finance IPO Lead Manager

ICICI Securities Limited

Registered Office: ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400 025, Maharashtra, India
Tel: +91 22 68077100
E-mail: aadharipo@icicisecurities.com
Investor Grievance E-mail: customercare@icicisecurities.com
Website: www.icicisecurities.com
Contact Person: Shekher Asnani/Sumit Singh
SEBI Registration No.: INM000011179

Citigroup Global Markets India Private Limited

Registered Office: 1202, 12th Floor, First International Financial Centre, G Block, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra – 400098
Tel: +91 22 6175 9999
E-mail: aadhar.ipo24@citi.com
Investor Grievance E-mail: investors.cgmib@citi.com
Website: www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm
Contact Person: Dylan Fernandes
SEBI Registration No.: INM000010718

Kotak Mahindra Capital Company Limited

Registered Office: 1st Floor, 27 BKC, Plot No. C – 27, G” Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051, Maharashtra, India
Tel: +91 22 4336 0000
E-mail: aadhar.ipo@kotak.com
Website: https://investmentbank.kotak.com
Investor Grievance ID: kmccredressal@kotak.com
Contact Person: Ganesh Rane
SEBI Registration Number: INM000008704

Nomura Financial Advisory and Securities (India) Private Limited

Registered Office: Ceejay House, Level 11, Plot F, Shivsagar Estate, Dr. Annie Besant Road, Worli, Mumbai 400 018, Maharashtra, India
Tel: +91 22 4037 4037
E-mail: aadharhfipo@nomura.com
Investor Grievance Email: investorgrievancesin@nomura.com
Website: www.nomuraholdings.com/company/group/asia/india/index.html
Contact Person: Vishal Kanjani /Pradeep Tewani
SEBI Registration No.: INM000011419

SBI Capital Markets Limited

Registered Office: Unit No. 1501, 15th floor, A & B Wing, Parinee Crescenzo Building, Plot C- 38, G Block, Bandra Kurla Complex, Bandra (East), Mumbai- 400 051, Maharashtra, India
Tel: +91 22 40069807
E-mail: aadhar.ipo@sbicaps.com
Investor Grievance E-mail: investor.relations@sbicaps.com
Website: www.sbicaps.com
Contact Person: Raghavendra Bhat/Vaibhav Shah
SEBI Registration No.: INM000003531

Aadhar Housing Finance IPO FAQs