Aadhar Housing Finance IPO

Aadhar Housing Finance

IPO Details

Bidding Dates

To be announced

Bidding Dates

Min. Investment

-

Min. Investment

Lot Size

-

Lot Size

Price Range

-

Price Range

Issue Size

-

Issue Size

IPO Doc

(D)RHP PDF  

(D)RHP PDF

About Aadhar Housing Finance IPO

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.

SWOT Analysis - Aadhar Housing Finance IPO

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.

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Frequently Asked Questions (FAQs) - Aadhar Housing Finance IPO

When is the Aadhar Housing Finance IPO open for subscription?

The Aadhar Housing Finance IPO date is yet to be announced.

How much is Aadhar Housing Finance looking to raise from this IPO?

Aadhar Housing Finance is aiming to raise Rs 7300 crore in the form of a new issue worth Rs 1,500 crore and an offer-for-sale (OFS) of shares up to Rs 5800 crore by the promoter BCP TOPCO VII PTE. Ltd (a Blackstone Group company).

What are the lot size and the minimum order quantity for the Aadhar Housing Finance IPO?

The details on the IPO are yet to be announced.

Who is the registrar for the Aadhar Housing Finance IPO?

KFin Technologies Pvt Ltd is the registrar for the IPO.

Where is the Aadhar Housing Finance IPO getting listed?

Once the Aadhar Housing Finance IPO is out, the shares will be listed on both BSE and NSE.

How does Aadhar Housing Finance plan to utilise the funds raised from the IPO?

The company proposes to utilise the money raised through fresh issue towards augmenting its capital base to meet future capital requirements.

Who are the lead managers to the issue?

ICICI Securities, Citigroup Global Markets India Pvt Ltd, Nomura Financial Advisory and Securities (India) Pvt Ltd and SBI Capital Markets Ltd have been appointed as merchant bankers of the issue.

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