Aadhar Housing Finance Ltd. (AHFL) is the largest affordable housing finance company in India, catering to the home loan needs of the EWS and LIG sections of the society. Within these categories, the Company aims to serve the salaried, self-employed, and informal business segments.
Its key product includes loans for purchase/construction/improvement of the house, purchase of land, and loan against property.
Now Company aims to raise Rs 7300cr through IPO. Let’s have a detailed overview of the Aadhar Housing Finance IPO release date, IPO offer price, subscription, grey market price, and other details like the Company’s background, its financial positions, promoters, and other related things.
Aadhar Housing Finance IPO Details:
| IPO Date | not declared |
| Issue Size (Rs cr) | 7300cr |
| Fresh Issue | Rs 1500cr. |
| Offer for Sale | Rs 5800cr. |
| Face Value | Rs 10 |
| Issue Price Band | not declared |
| Market Lot | not declared |
| Min. Order Quantity | not declared |
| Listing on | BSE, NSE |
Aadhar Housing Finance IPO Date:
The opening and the closing date of the IPO of Aadhar Housing Finance Limited is not announced yet.
| Issue Open Date | [●] |
| Issue Close Date | [●] |
| Basis of Allotment Date | [●] |
| Initiation of Refunds | [●] |
| Credit of Shares to Demat Account | [●] |
| IPO Listing Date | [●] |
Aadhar Housing Finance IPO Offering Summary:
Fresh Issue: The Fresh Issue of [●] Equity Shares by their Company, aggregating to Rs.1500cr
Offer for Sale: Offer for sale consists of Up to [●] Equity Shares of the face value of Rs.10 each, aggregating Rs.5800cr.
Issue Size: [●] Equity Shares of Rs.10 each, aggregating to Rs.7300cr
Aadhar Housing Finance IPO Grey Market Premium ( GMP ):
The Aadhar Housing Finance Limited IPO Grey Market Premium price is Rs [●], the Kostak rate is Rs [●], and the Subject to Sauda is[●].
Aadhar Housing Finance IPO: business Overview
The company has a pan-India presence with a wide network of 294 branches spread across 20 States (including Union Territories). It has established its footprint in more than 10,900 locations, which has enabled it to reach out to over 90% of India’s population, providing them with credit solutions to make homeownership accessible to everyone.
Key Operational Numbers of companies business:
| Sep 20( 6 month) | Mar 20 | Mar 19 | Mar 18 | |
|---|---|---|---|---|
| Total Assets | 12830cr | 12366cr | 9480cr | 7801cr |
| Total Revenue | 748.3cr | 1388.4cr | 1265.6cr | 815.1cr |
| Total Expense | 549.5cr | 1157.5cr | 1016.8cr | 654.2cr |
| Profit After Tax | 156.3cr | 189.3cr | 161.8cr | 114.2cr |
| Diluted EPS Rs. | 3.85 | 5.83 | 6.39 | 5.32 |
Aadhar Housing Finance promoters and management:
Promoters Aadhar Housing Finance promoters is BCP Topco VII Pte. Ltd. (Subsidiary of Blackstone Group).
As of 31st March 2020, the Board consists of a total of 7 Directors viz. 3 (three) Non-Executive Directors-Nominee, 3 (three) Independent Directors, and 1 (one) Managing Director & CEO.
Aadhar Housing Finance: Competitive Peers
the are 4 main competitors are listed on stock market details given below.
Note: given rates are changed frequently if you need live data then visit trendlyne or moneycontrol
| Listed Peers | market cap | Annual Revenue (rs.) | Net Profit | P/E | ROE |
| AAVAS Financiers | 17621.92cr | 902cr | 249cr | 67.47 | 11.87% |
| GRUH Finance Ltd | 23291.87cr | 2,026cr | 447cr | 52.02 | 23.64% |
| LIC Housing Finance | 19305.88cr | 19,736cr | 2,403cr | 7.06 | 13.15 |
| HDFC | 437366.81cr | 101,725cr | 17,080 | 24.98 | 16.94 |
Aadhar Housing Finance IPO related FAQs :
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When will the Aadhar Housing Finance IPO open?
The Company did not announce the IPO open date. The opening and closing date are updated after Company notified.
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What is the price band for the Aadhar Housing Finance IPO?
The Company did not decide Price Band for IPO.
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What is the lot size for the Aadhar Housing Finance IPO?
Investors need to subscribe to a minimum of one lot of [●] shares. A retail individual investor can bid for a maximum of [●] share
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What is the issue size of the Aadhar Housing Finance IPO?
The issue comprises a fresh issue of up to 1500cr and an offer for sale of up to [●] crore shares that amount to Rs.5800cr. At the upper limit of the price band. This sums up the two; the issue size for Aadhar Housing Finance IPO is Rs.7300cr.
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What is the quota for retail investors in Aadhar Housing Finance IPO?
As per the RHP, not more than [●] per cent of the offer would be available for allocation to retail .
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Where will shares of Aadhar Housing Finance get listed?
The shares of the company will be listed on the BSE and the NSE.
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What is the last date for subscription in Aadhar Housing Finance IPO?
not announced
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On what date will Aadhar Housing Finance get listed?
Aadhar Housing Finance listing is likely by [●].
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Where could we check Aadhar Housing Finance IPO allotment status?
Those who would bid for the issue can check the subscription status on www.linkintime.co.in, the online portal of Link Intime India Private Limited, the registrar to the IPO.
