Aadhar Housing Finance Limited IPO
Aadhar Housing Finance Limited IPO is listed on BSE and NSE, priced at ₹300–₹315 per share. The stock debuted at ₹315 with a flat listing performance. The IPO had a lot size of ₹47 shares and a minimum investment of ₹14,805.
Aadhar Housing Finance Limited IPO
- IPO Dates
- May 8, 2024 – May 10, 2024
- Price band
- ₹300-315 per equity share
- Minimum Investment
- ₹14,805
- Issue size
- ₹3000 Cr
- Lot size
- 47
- Allotment Date
- May 13, 2024
- Listing
- May 15, 2024
- Listing At
- BSE, NSE
IPO timeline
-
May 8, 2024
Open Date
Completed
-
May 10, 2024
Close Date
Completed
-
May 13, 2024
Allotment Date
Completed
-
May 15, 2024
Listing Date
Completed
Price Summary
- Last closing
- 474.50 (50.63%)
- 52 week high
- 547.80
- 52 week low
- 411.30
- Last update
Aadhar Housing Finance Limited IPO Essentials
Aadhar Housing Finance Limited IPO Details
Aadhar Housing Finance Limited IPO is priced at ₹300-315 per share with a total issue size of 3000 crore. The IPO has a lot size of 47 shares and is listed on BSE and NSE.
- Issue price
- ₹300-315 per equity share
- Lot size
- 47 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Total ₹3,000 Cr :
#Fresh Issue : 31,746,032 shares(aggregating up to ₹1,000 Cr) +
#OFS : 63,492,063 shares of ₹10(aggregating up to ₹2,000 Cr) - Total issue size
- 9,52,38,095 shares
(aggregating up to ₹3000 crore) - Fresh issue
- 3,17,46,032 shares
(aggregating up to ₹1000 crore) - Offer for sale (OFS)
- 6,34,92,063 shares
(aggregating up to ₹2000 crore) - Listing at
- BSE, NSE
- List price
- 315.0(NSE)
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
ICICI Securities Limited, Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd, SBI Capital Markets Limited
Market Lot Size
Investors can bid for a minimum of 47 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 47 | ₹14,805 |
| Retail(max) | 13 | 611 | ₹1,92,465 |
Aadhar Housing Finance Limited IPO Reservation
Aadhar Housing Finance Limited IPO reservation details show category-wise allocation of shares. Out of the total 95,255,600 shares, approximately 19.95% are reserved for QIB, 14.96% for NII, 34.91% for retail investors, 0.25% for employees, and 29.92% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 28,504,761 (29.92%) | |
| QIB Shares Offered | 19,003,176 (19.95%) | |
| NII (HNI) Shares Offered | 14,252,381 (14.96%) | |
| bHNI > ₹10L | 9,501,587 (9.97%) | 14,440 |
| sHNI < ₹10L | 4,750,794 (4.99%) | 7,220 |
| Retail Shares Offered | 33,255,556 (34.91%) | 707,565 |
| Employee Shares Offered | 239,726 (0.25%) | |
| Total Shares Offered | 95,255,600 (100%) |
Aadhar Housing Finance Limited IPO Analytics
Aadhar Housing Finance Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Aadhar Housing Finance Limited IPO Subscription Status
Aadhar Housing Finance Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 19,003,176 |
14,252,381
9,501,587
4,750,794
|
33,255,556 | 66,750,839 |
|
Day 1
08-05-24 05:00 PM
|
0.33 x |
0.60x
0.54x
0.71x
|
0.41 x | 0.44 x |
|
Day 2
09-05-24 05:00 PM
|
2.05 x |
1.94x
1.82x
2.17x
|
0.94 x | 1.48 x |
|
Day 3
10-05-24 05:00 PM
|
72.78 x |
16.50x
18.00x
13.50x
|
2.45 x | 25.49 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 16,32,973 (Approx) | —x | —x | 2.31x |
Aadhar Housing Finance Limited Valuations
Earnings
- EPS Pre IPO
- ₹13.81/-
- EPS Post IPO
- ₹17.13/-
- P/E Pre IPO
- 22.8
- P/E Post IPO
- 18.39
Returns
- ROE
- 18.4%
- RoNW
- 12.9%
Fundamentals
- Debt / Equity
- 3.10
- Price / Book
- 2.93
Aadhar Housing Finance Limited Financials( In Crs.)
| 31-Dec-23 | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|---|
| Assets | 18,035.57 | 16,617.87 | 14,375.81 | 13,630.33 |
| Revenue | 1,895.17 | 2,043.52 | 1,728.56 | 1,575.55 |
| Profit After Tax | 547.88 | 545.34 | 446.20 | 340.46 |
| Net Worth | 4,249.10 | 3,697.60 | 3,146.63 | 2,692.76 |
| Total Borrowing | 13,127.59 | 12,153.45 | 10,674.59 | 10,374.47 |
Aadhar Housing Finance Limited Company & Offer Insights
About Aadhar Housing Finance Limited
Aadhar Housing Finance Limited is a housing finance company targeting the lower income segment.
The deep impact branches' sales offices aim to serve customers in India's tier 4 and tier 5 towns.
As of Sept. 30, 2023, the company enrolled 12,221 Aadhar Mitras who get referral fees for sourcing customers' loans.
The company provides a variety of mortgage loan products for residential and commercial property purchase and construction, home improvement and extension.
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.
As of September 30th, 2023, the company has 3,695 employees. Its subsidiary, Aadhar Sales and Services Private Limited (ASSPL), has 1,851 employees.
The company has served 246,983 customers nationwide through 471 branches and offices.
Aadhar Housing Finance Limited Promoter(s)
BCP Topco VII Pte. Ltd are the company's promoters of Aadhar Housing Finance Limited.
Aadhar Housing Finance Limited IPO Issue Objectives
- •
- To meet future capital requirements towards onward lending
- •
- General corporate purposes.
Aadhar Housing Finance Limited IPO - Anchor Investors
Aadhar Housing Finance IPO: Institutional investors invest Rs 898 crore via anchor book.
Marquee institutional investors including Morgan Stanley, Stichting Depository APG, WF Asian Reconnaissance Fund, Clarus Capital, Neuberger Berman Emerging Markets Equity Fund, Theleme India Master Fund, CLSA Global, East Bridge Capital, Nepean Long Term Opportunities Fund, and Amundi Funds invested in the company via anchor book.
Asset management companies like HDFC Mutual Fund, ICICI Prudential Mutual Fund, Axis Mutual Fund, Invesco India, Whiteoak Capital, Quant Mutual Fund, Bandhan Mutual Fund, JM Financial Mutual Fund, Mahindra Manulife, and LIC Mutual Fund also made investment in Aadhar Housing.
Insurance companies, too, including SBI Life Insurance Company, ICICI Prudential Life Insurance, HDFC Life Insurance Company, Kotak Mahindra Life Insurance, SBI General Life Insurance, and Bajaj Allianz Life Insurance also participated.
Aadhar Housing Finance Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Aadhar Housing Finance Limited | 13.8 | 13.4 | 93.7 | N/A | 16.5 | N/A | Consolidated |
| Aptus Value Housing Finance India Limited | 10.1 | 10.1 | 67.1 | 31.3 | 16.1 | N/A | Consolidated |
| Aavas Financiers Ltd | 54.4 | 54.3 | 413.6 | 28.1 | 14.1 | 3.89 | Consolidated |
| Home First Finance Company India Ltd | 26 | 25.2 | 206.5 | 34.9 | 13.5 | 3.6 | Consolidated |
| India Shelter Finance Corporation Limited | 17.8 | 17.5 | 141.4 | 33.1 | 13.4 | N/A | Consolidated |
Notes:
- The P/E ratio for the listed industry peers has been computed based on the closing market price of equity shares on BSE Limited ('BSE') as on January 25, 2024 divided by the diluted earnings per share for the year ended March 31, 2023.
- P/B ratio for the listed industry peers has been computed based on the closing market price of equity shares on BSE as on January 25, 2024 divided by the net asset value per equity share as of the last day of the year ended March 31, 2023.
- Return on net worth (%) is calculated as profit after tax for the financial year 2023 divided by yearly average total equity as at the end of the financial year 2023. Total equity is calculated as the sum of equity share capital and other equity.
- Net asset value per equity share is computed as net worth as of the last day of the relevant period/year divided by the outstanding number of issued and subscribed equity shares as of the last day of such period/year.
Aadhar Housing Finance Limited IPO - Strengths and Risks
Aadhar Housing Finance Limited IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Aadhar Housing Finance Limited
+91 22 41689900
complianceofficer@aadharhousing.com
2nd floor, No. 3, JVT Towers 8th‘A’, Main Road, Sampangi Rama Nagar, Bengaluru-560027
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Aadhar Housing Finance Limited IPO is a book-built IPO worth ₹3000 crore. The price band is ₹300–₹315 per share. The IPO opens on May 8, 2024 and closes on May 10, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The price band of Aadhar Housing Finance Limited IPO is ₹300 to ₹315 per share.
The lot size of Aadhar Housing Finance Limited IPO is 47 shares.
The minimum investment for Aadhar Housing Finance Limited IPO is approximately ₹14,805 based on the upper price band .
Aadhar Housing Finance Limited IPO opens on May 8, 2024 and closes on May 10, 2024.
The allotment date of Aadhar Housing Finance Limited IPO is May 13, 2024.
Aadhar Housing Finance Limited IPO is expected to be listed on May 15, 2024, on BSE and NSE .
Aadhar Housing Finance Limited IPO listed on May 15, 2024. It was issued at ₹315.0(NSE) and is currently around ₹474.50 as on 14-May-2026 3:30 PM, which is approximately 50.6% versus issue price. The 52-week high is ₹547.80.
Based on listing and post-listing performance, Aadhar Housing Finance Limited IPO delivered around 50.6% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Aadhar Housing Finance Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Aadhar Housing Finance Limited IPO valuation snapshot: P/E 18.39, EPS ₹17.13/-, P/B 2.93, RoNW 12.9%, and market cap N/A.
To apply for Aadhar Housing Finance Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Aadhar Housing Finance Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Aadhar Housing Finance Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Aadhar Housing Finance Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Aadhar Housing Finance Limited IPO allotment status on IPO Ji for quick and easy access.