Aadhar Housing Finance IPO
Aadhar Housing Finance
IPO Details
Bidding Dates
To be announced
Bidding Dates
Min. Investment
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Min. Investment
Lot Size
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Lot Size
Price Range
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Price Range
Issue Size
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Issue Size
About Company
Aadhar Housing Finance looks to raise Rs 7,300 crore through its IPO. The IPO comprises a fresh issue of shares worth Rs 1,500 crore and the offer to sell (OFS) up to Rs 5,800 crore by the promoter BCP TOPCO VII PTE. Ltd a Blackstone Group company).
Aadhar Housing Finance is a retail-focused affordable housing finance company serving economically weaker and lower-to-middle income customers. Aadhar Housing Finance has a comprehensive product portfolio, which includes loans for the purchase and construction of the residential property, home improvement loans, home extension loans, and loans for the purchase and construction of commercial property. With around 292 branches across 20 states and union territories, the company enjoys a significantly extensive network that adequately covers urban, semi-urban, and rural areas. Following the merger of DHFL Vysya and Aadhar Housing Finance, Aadhar is one of the few players with a pan-India presence. Today, Aadhar Housing Finance provides financing solutions to all segments of customers whose monthly income is between INR 5000 to INR 50000 and above.
Aadhar Housing Finance IPO - SWOT Analysis
Aadhar Housing Finance is one of the largest affordable finance companies in the fastest-growing sub-segment in the mortgage market. The company has an extensive network of around 292 branches, geographical penetration and sales channels. The company’s financial performance has remained stable and resilient through various external events in the Indian economy. The company has robust, comprehensive systems and processes for underwriting, collections and monitoring asset quality.
The number of customer delinquencies has witnessed an increase following the RBI-mandated moratorium. Any downgrade in the company’s credit ratings may increase interest rates for raising new debt, which would increase its financing cost. Any adverse actions in the real estate sector could have repercussions on the company’s business.
How to apply for Aadhar Housing Finance IPO?
You can apply for the Aadhar Housing Finance IPO in these ways:
UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.
Demat Account
1. If you are an Existing TradeSmart demat account holder and wish to apply for an Aadhar Housing Finance click here.
2. If you don't have a TradeSmart Account? Sign up.
