The housing finance company Aadhar Housing Finance IPO will be hit the market May 08, 2024, and closes on May 10, 2024. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹3000 crore through IPO. The company will issue fresh shares of ₹1000 crores through this IPO and will issue shares through offer for sale of ₹2000 crores.
The company has reserved 50% for QIB, 15% for NII and 35% for Retail Investor in this IPO.
Aadhar Housing Finance Ltd (Aadhar) is one of the largest low-income housing finance companies in India servicing the home financing needs of the low-income sections of the society. Aadhar endeavors to empower underserved millions to own their first homes. You can check Aadhar Housing Finance IPO GMP.
| Read also: Upcoming IPO List 2024 |
The company offers a range of mortgage-related loan products, including loans for residential property purchase and construction; home improvement and extension loans; and commercial property construction and acquisition. Our financial performance has remained consistent and resilient through various external events in the Indian economy. You can check the Aadhar Housing Finance IPO subscription status here.
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.
The company has 3,885 employees and Aadhar Sales and Services Private Limited (“ASSPL”), our 100% owned subsidiary, has 1,875 employees. ASSPL provides manpower services, arranges loans, deals in properties and other financial instruments, and provides various other financial services.
Object Of the Issue :
- To meet future capital requirements towards onward lending.
- General corporate purposes.
Company Strengths :
- 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;
- A seasoned business model with strong resilience through business cycles.
- Extensive branch and sales office network, geographical penetration, and sales channels that 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 Review :
| Details | Valuation |
| PAT : Issue Price : EPS : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹547.88 Cr ₹315 /EQ 13.90 22.66x 18.40 % 12.90 % N/A % 3.10 ₹107.60 ₹18,035.57 Cr ₹13,435.00 Cr 98.72 % – % |
| Team Review : | ✔ Apply For Long Term |
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- ■ The company is one of the largest low-income housing finance companies in India.
- ■ The company top & bottom line very strong.
- ■ The company business growth is an Incresing YOY.
- ■ The company PE ration is very attractive this price.
- ■ The company issue appears reasonably priced Based on FY24 annualized earnings.
Aadhar Housing Finance IPO Date, Price Band & Details :
| IPO Open : | May 08, 2024 |
| IPO Close : | May 10, 2024 |
| Issue Type : | Book Built Issue |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹300 – ₹315 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹3000.00 Cr {95,238,095 Shares} |
| Fresh Issue : | ₹1000.00 Cr {31,746,032 Shares} |
| Offer For Sale : | ₹2000.00 Cr {63,492,063 Shares} |
| EMP Discount : | ₹23 Per Share |
Aadhar Housing Finance IPO Market Lot :
Aadhar Housing Finance IPO Minimum Market lot is 1 Lot with 47 shares with ₹14,805 Application amount. The retail investors can apply up to 13 lots with 611 Shares or ₹192,465 amounts.
| Application | Lot | Shares | Amount Cr |
| Retail Minimum : | 1 | 47 | ₹14,805 |
| Retail Maximum : | 13 | 611 | ₹192,465 |
| S-HNI Minimum : | 14 | 658 | ₹207,270 |
| S-HNI Maximum : | 67 | 3149 | ₹991,935 |
| B- HNI Minimum : | 68 | 3196 | ₹1,006,740 |
Aadhar Housing Finance IPO Reservation :
Aadhar Housing Finance IPO Total Reservation of 95,238,095 shares is to be bid for the public issue by Aadhar Housing Finance IPO 47,619,048 shares for QIB and 14,285,714 shares for NII 33,333,333 shares for Retail Investor.
| Category | Reservation | Shares | Amount Cr |
| QIB : | 50% | 47,619,048 | ₹1500.00 |
| NII : | 15% | 14,285,714 | ₹450.00 |
| RII : | 35% | 33,333,333 | ₹1050.00 |
| Total : | 100% | 95,238,095 | ₹3000.00 |
Aadhar Housing Finance IPO EPS & RoNW :
The Aadhar Housing Finance company’s EPS & RoNW growth Increased last financial year, shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 Dec | ₹13.90 | 12.90 | ₹107.60 |
| 2023 | ₹13.80 | 14.70 | ₹93.70 |
| 2022 | ₹11.30 | 14.10 | ₹79.70 |
| 2021 | ₹8.6 | 12.60 | ₹68.20 |
Aadhar Housing Finance IPO Peer Comparison PE :
The Aadhar Housing Finance, According to the RHP of the company are listed whose PE Multiple is shown in this table.
| Company | PE Ratio |
| Aptus Value | 31.30 |
| Aavas Financiers | 28.10 |
| Home First Finance Company | 34.90 |
| India Shelter Finance | 33.10 |
Aadhar Housing Finance IPO Dates :
Aadhar Housing Finance IPO Date is May 08, 2024, and closes on May 10, 2024. The allotment will be finalized on May 13, 2024, and the IPO may be listed on May 15, 2024.
| Anchor Date : | May 07, 2024 |
| Open Date : | May 08, 2024 |
| Close Date : | May 10, 2024 |
| Allotment Date : | May 13, 2024 |
| Refund Date : | May 14, 2024 |
| Share Credit Date : | May 14, 2024 |
| Listing Date : | May 15, 2024 |
Aadhar Housing Finance IPO Form :
There are two ways to apply for an Aadhar Housing Finance IPO. You can apply for Aadhar Housing Finance IPO through ASBA available in your bank account. You have to go to your online bank login select Aadhar Housing Finance IPO in the Invest section and apply through your bank account. Another option is you apply for an Aadhar Housing Finance IPO through an IPO form downloaded through NSE and BSE. Visit the IPO Form Page and download the NSE Form and BSE Form IPO Form, fill it out, and submit it to your bank or your broker.
Aadhar Housing Finance Company Financial Report (Crore) :
| Year | Revenue | Expense | PAT |
| 2023 Dec | ₹1895.17 | ₹1194.19 | ₹547.88 |
| 2023 | ₹2043.52 | ₹1322.70 | ₹545.34 |
| 2022 | ₹1728.56 | ₹1161.20 | ₹446.20 |
| 2021 | ₹1575.55 | ₹1143.04 | ₹340.46 |
Company Promoters :
■ Om Prakash Bhatt
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Aadhar Housing Finance IPO Lead Managers :
■ Citigroup Global Markets India Private Limited
■ ICICI Securities Limited
■ Kotak Mahindra Capital Company Limited
■ Nomura Financial Advisory and Securities (India) Private Limited
■ SBI Capital Markets Limited
Aadhar Housing Finance IPO Registrar :
KFin Technologies Limited
Selenium Tower-B, Plot No. 31 & 32
Financial District, Nanakramguda
Serilingampally
Hyderabad 500 032, Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.kfintech.com
Note: Check Aadhar Housing Finance IPO allotment status Visit the IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
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/
Aadhar Housing Finance IPO FAQs :
What is Aadhar Housing Finance IPO?
Aadhar Housing Finance IPO is a Mainboard IPO. They are going to raise ₹3000.00 Crores via IPO. The issue is priced at ₹300-₹315 per equity share. The IPO is to be listed on NSE, and BSE.
When Aadhar Housing Finance IPO will open?
The IPO is to open on May 08, to May 10, 2024, for QIB, NII & RII.
What is Aadhar Housing Finance IPO Size?
Aadhar Housing Finance IPO size is ₹3000.00 Crores.
What is the Fresh issue size of the Aadhar Housing Finance IPO?
The Fresh issue size of Aadhar Housing Finance IPO ₹1000.00 Cr.
What is the Offer For Sale size of Aadhar Housing Finance IPO?
The Offer For Sale size of Aadhar Housing Finance IPO ₹2000.00 Cr.
What is the Aadhar Housing Finance IPO Price Band?
Aadhar Housing Finance IPO Price Band is ₹300-₹315 Per share.
What is the Aadhar Housing Finance IPO Minimum and Maximum Lot Size?
The minimum 47 Shares with ₹14,805 amount while the maximum 611 shares with ₹192,465.
What is Aadhar Housing Finance IPO Investors Portion?
The investors’ portion for QIB is 50%, NII 15%, and RII 35%.
What is the Aadhar Housing Finance IPO Allotment Date?
The Aadhar Housing Finance IPO allotment date will be May 13, 2024.
What is the Aadhar Housing Finance IPO Listing Date?
The Aadhar Housing Finance IPO listing date is May 15, 2024. The IPO to list on NSE, BSE.
How to Apply the Aadhar Housing Finance IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Aadhar Housing Finance IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Aadhar Housing Finance IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Aadhar Housing Finance IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply for the Aadhar Housing Finance IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Aadhar Housing Finance IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply for the Aadhar Housing Finance IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Aadhar Housing Finance IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Aadhar Housing Finance IPO GMP: Click Here Aadhar Housing Finance IPO Subscription: Click Here Aadhar Housing Finance IPO Allotment: Click Here Aadhar Housing Finance IPO Listing: Click Here Aadhar Housing Finance IPO Web Story: Click Here |
All Aadhar Housing Finance IPO-related links are available here. If you want to know the details then click on the Click Here Link.
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