Recently Viewed
Clear AllBidding Date
08-May-2024 to
10-May-2024
Issue Size
₹3000 Cr
Price Band
₹300 to ₹315
Allotment date
13-May-2024
Listing date
15-May-2024
Lot size
47
No. of shares
9,52,38,095
Fresh issue/OFS
₹1000 Cr/₹2000 Cr
The company, Aadhar Housing Finance Limited, was founded in 1990 with a focus on catering to the low-income housing segment in India. Its establishment coincides with a period of rising demand for housing finance among economically weaker and low-to-middle income customers. As an HFC, the core business of the company revolves around offering mortgage-related loan products tailored to the needs of its target demographic. These products include loans for residential property purchase and construction, home improvement and extension loans, and loans for commercial property construction and acquisition. The company primarily operates in the low-income housing segment, focusing on customers with smaller ticket mortgage loan requirements (less than ?1.5 million). Its loan portfolio reflects a balanced distribution between salaried and self-employed individuals, with a strategic emphasis on meeting the needs of both segments. Geographically, the company has a broad presence, operating in 20 states and union territories across India.
Category
Status
QIBs
72.8x
NIIs
16.5x
Retail
2.5x
Others
--
Total
25.5x
The issue size of Aadhar Housing Fin is ₹3,000.00 Cr.
Aadhar Housing Fin falls into Non-banking Financial Services industry.
The Aadhar Housing Fin IPO will be listed on both NSE and BSE.
The open and close dates for the Aadhar Housing Fin are 08-May-2024 & 10-May-2024.
The price band for the Aadhar Housing Fin ipo is ₹300 to ₹315
The listing date of Aadhar Housing Fin IPO is 15-May-2024.
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
Aadhar Housing Fin total subscription ratio is 25.5X.
Key financial of the Aadhar Housing Fin are:
| Aadhar Housing Fin | FY-24 | FY-23 | FY-22 | FY-21 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 2586.82 | 2043.23 | 1728.27 | 1575.3 |
| EBIT (₹ Cr) | 1946.11 | 1519.72 | 1328.27 | 1248.3 |
| Proft after Tax (₹ Cr) | 749.64 | 544.76 | 444.85 | 340.1 |
| Debt (₹ Cr) | 13900.03 | 12153.45 | 10674.59 | 10250.7 |
| Net Worth (₹ Cr) | 4449.75 | 3697.66 | 3146.69 | 2692.8 |
| RoE (%) | 16.85 | 14.73 | 14.14 | 12.63 |