Aadhar Housing Finance is here to announced their upcoming Initial Public Offering (IPO), you have the opportunity to be a part of something big. Lets dive into the details of this exciting opportunity.
Aadhar Housing Finance IPO Overview:
The Aadhar Housing Finance IPO is scheduled to hit the market on May 8 and will close on May 10. The company aims to raise approximately ₹3000 crores through the IPO, consisting of a fresh issue of ₹1000 crores and an offer for sale of up to 63,492,063 equity shares.
This IPO presents a chance to invest in a company that dedicated to helping people achieve their homeownership dreams.
Aadhar Housing Finance IPO Details
Aadhar Housing Finance provides a variety of mortgage-related loan products. Whether you are looking to buy a residential property, renovate your home, or invest in commercial real estate, they have you covered. Their commitment to financial inclusion and customer-centric approach sets them apart in the industry.
| Aadhar Housing Finance IPO Details | |
|---|---|
| IPO Date | 08 May 2024 to 10 May 2024 |
| IPO Size | Approximately ₹3000 Crores |
| Fresh Issue | Approximately ₹1000 Crores |
| Offer for Sale | Approximately ₹2000 Crores |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹300 to ₹315 Per Share |
| IPO Listing | BSE & NSE |
| Retail Quota | 35% |
| QIB Quota | 50% |
| HNI Quota | 15% |
| Minimum Market Lot | 47 shares, ₹14,805 |
| Maximum Retail Lot | 13 lots, 611 shares, ₹192,465 |
| Allotment & Listing Dates | Allotment: May 13, 2024 |
| Listing: May 15, 2024 | |
| Registrar | KFin Technologies Pvt. Ltd |
| Lead Managers | ICICI Securities, Citigroup, Kotak, Nomura, SBI Capital |
| Promoters | BCP Topco VII Pte. Ltd |
| Company Address | Unit No. 802, 8th Floor, Natraj by Rustomjee, Andheri (East), Mumbai 400 069, Maharashtra |
| Website | www.aadharhousing.com |
Aadhar Housing Finance IPO Financial Performance:
Aadhar Housing Finance has demonstrated consistent performance. Their revenue has seen steady growth over the years, reflecting their strong market presence and effective business strategies. With a focus on social objectives and contribute to local economies by generating employment opportunities.
IPO Essentials:
For those considering participation in the IPO, here are some details:
- Price Band: ₹300 to ₹315 per share
- Market Lot: Minimum of 47 shares, with an application amount of ₹14,805
- Allotment and Listing Dates: Allotment finalization on May 13, with IPO listing on May 15
How to Apply for Aadhar Finance IPO:
Interested investors can apply for the Aadhar Housing Finance IPO through ASBA available in their bank accounts. Alternatively, IPO forms can be downloaded from NSE and BSE websites. Don’t miss out on this chance to be a part of India’s growing housing finance sector.
Company Information:
- Promoters: BCP Topco VII Pte. Ltd
- Registered Address: Unit No. 802, 8th Floor, Natraj by Rustomjee, Andheri (East), Mumbai, Maharashtra
- Contact: +91 22 3950 9900 | complianceofficer@aadharhousing.com | www.aadharhousing.com
