Aadhar Housing Finance Limited IPO Allotment Status: Here’s How To Check Status And Latest GMP

May 10, 2024 IPO 2 min read
Aadhar Housing Finance Limited IPO Allotment Status

Comprising a fresh issue of 3.17 crore shares aggregating to Rs 1,000.00 crores and an offer for sale of 6.35 crore shares aggregating to Rs 2,000.00 crores, the Aadhar Housing Finance Limited IPO is a book-built issue of Rs 3,000.00 crores.

The Aadhar Housing Finance Limited IPO opened on May 8, 2024 and closed on May 10, 2024. The allotment is expected to be finalised on Monday, May 13, 2024 and it will be listed on BSE and NSE with a tentative listing date fixed as Wednesday, May 15, 2024. 

 The minimum lot size is 47 shares with the price band set at ₹300 to ₹315 per share. Retail investors are required to make a minimum investment of ₹14,805. For sNII, the minimum lot size is 14 lots (658 shares), amounting to Rs. 207,270. As for bNII, the minimum lot size is 68 lots (3,196 shares), amounting to Rs. 1,006,740. 

ICICI Securities Limited, Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd, and SBI Capital Markets Limited are the Book Running Lead Managers (BRLM) to the issue, while Kfin Technologies Limited is the registrar for the issue.

Here’s how you can check the allotment status of Aadhar Housing Finance Limited IPO: 

Step 1: Go to the BSE website. 

Step 2: Choose ‘Equity’ and then the issue name from the selection menu.

Step 3: Enter your application number as well as your PAN card number and press ‘Search’.

You can also follow a similar procedure to check the allotment status on the Registrar’s website: 

Step 1: Go to the Kfin Technologies Limited website. 

Step 2: Select the IPO name by clicking on ‘Company Selection’.

Step 3: Input your PAN, application number, DP/Client ID, or account number/IFSC number and click on ‘Search’. 

If the details are input correctly, the status will appear only after allotment. The equity shares are expected to be credited to successful investors’ demat accounts on May 14, 2024.

Aadhar Housing Finance Limited was established in 2010. It is a housing finance company that is geared towards the lower-income segment. It aims to serve customers in tier 4 and tier 5 towns in India. 

The company offers an array of mortgage loan products catering to various needs, including residential and commercial property acquisition or construction, as well as home improvement and extension loans. As of September 30, 2023, Aadhar Housing Finance Limited has enrolled 12,221 Aadhar Mitras, agents who receive referral fees for sourcing customers’ loans.  The company has a widespread network of 471 branches, including 91 sales offices, which operate around 10,926 pin codes in the country.

Aadhar Housing Finance Limited Grey Market Premium

Date GMP
May 6 ₹52
May 5 ₹52
May 4 ₹55
May 3 ₹61
May 2 ₹65
May 1 ₹130

The last update for Aadhar Housing Finance Limited IPO was on May 6, 2024, at 09:01 AM. The GMP is ₹52. The expected listing price of Aadhar Housing Finance Limited IPO, with a price band of 315.00, is ₹367 (cap price + today’s GMP). 16.51% is the anticipated percentage gain or loss per share.


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