The Aadhar Housing Finance IPO started on May 8, 2024, and ended on May 10, 2024. Shares were allocated on May 13, 2024, and refund processes began on May 14, 2024. On May 14, 2024, the shares were credited to investors demat accounts. Aadhar Housing Finance was officially listed on the stock exchange on May 15, 2024.
During the IPO, Aadhar Housing Finance offered shares at a price range of ₹300 to ₹315 per share, and the lot size was 47 shares. The total issue size was ₹3000 crores, with ₹1000 crores from new shares and ₹2000 crores from shares for sale. The IPO was listed on both the NSE and BSE.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Aadhar Housing Finance IPO Subscription Update Video
Aadhar Housing Finance IPO Subscription Status
The Aadhar Housing Finance IPO on May 10, 2024 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, the QIB (Qualified-Institutional Buyers) category being subscribed 72.82 times and the Employee category being subscribed 6.50 times.
| Category | Subscription |
| QIB | 72.82x |
| NII | 17.19x |
| Retail | 2.41x |
| Employee | 6.50x |
| Total | 25.62x |
Aadhar Housing Finance IPO Basic Details
| Company Name | Aadhar Housing Finance Limited |
| Domain of Company | Housing Loan Company |
| Aadhar Housing Finance IPO Open Date | May 8, 2024 |
| Aadhar Housing Finance IPO Close Date | May 10, 2024 |
| Aadhar Housing Finance IPO Allotment Date | May 13, 2024 |
| Aadhar Housing Finance IPO Listing Date | 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) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Company Promoters | BCP Topco VII Pte. Ltd. |
About Aadhar Housing Finance Limited
Established in 2010, Aadhar Housing Finance Limited specializes in providing housing finance solutions for people with lower incomes.
Our branches, strategically located in tier 4 and tier 5 towns across India, aim to cater to the needs of our customers effectively.
By September 30, 2023, we had onboarded 12,221 Aadhar Mitras, who earn referral fees by connecting customers with our loan services.
We offer a wide range of mortgage loan products tailored for residential and commercial property purchases, construction, home improvements, and extensions.
As of September 30, 2023, our extensive network comprises 471 branches, including 91 sales offices, spanning across 20 states and union territories. We operate in approximately 10,926 pin codes nationwide.
With a team of 3,695 dedicated employees, and our subsidiary Aadhar Sales and Services Private Limited (ASSPL) employing 1,851, we are committed to serving our customers efficiently.
Over time, we have assisted 246,983 customers across India through our network of branches and offices.
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Aadhar Housing Finance IPO FAQs
What is the start and end date of Aadhar Housing Finance IPO Subscription?
The Aadhar Housing Finance IPO started on May 8, 2024, and ended on May 10, 2024.
When does Aadhar Housing Finance IPO Subscription open?
The Aadhar Housing Finance IPO open on May 8, 2024.
When does Aadhar Housing Finance IPO Subscription close?
The Aadhar Housing Finance IPO Close on May 10, 2024.
What is the allotment date of Aadhar Housing Finance IPO?
The allotment date for Aadhar Housing Finance IPO is May 13, 2024.
When is the initial refund date of Aadhar Housing Finance IPO?
The initial Refund date for Aadhar Housing Finance IPO is May 14, 2024.
When were the shares credited to investors demat accounts for the Aadhar Housing Finance IPO?
The shares for the Aadhar Housing Finance IPO were credited to investors demat accounts on May 14, 2024.
When will Aadhar Housing Finance IPO be listed on the stock market?
Aadhar Housing Finance IPO stock market will be listed on May 15, 2024 at 10 am.
What was the price range of the Aadhar Housing Finance IPO shares?
The Aadhar Housing Finance IPO shares were offered at a price range of ₹300 to ₹315 per share.
What was the lot size for the Aadhar Housing Finance IPO shares?
The lot size for the Aadhar Housing Finance IPO shares was 47 shares.
What was the total issue size of the Aadhar Housing Finance IPO?
The total issue size of the Aadhar Housing Finance IPO was ₹3000 crores.
How were the shares allocated among different types of investors for the Aadhar Housing Finance IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Aadhar Housing Finance IPO listed?
The Aadhar Housing Finance IPO was listed on both the NSE and BSE.
What is the Aadhar Housing Finance IPO Subscription Status?
Aadhar Housing Finance IPO is subscribed 25.62 Times.
