{"id":6848,"date":"2024-05-06T13:53:57","date_gmt":"2024-05-06T08:23:57","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=6848"},"modified":"2024-05-06T13:54:04","modified_gmt":"2024-05-06T08:24:04","slug":"aadhar-housing-finance-ipo-details","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/aadhar-housing-finance-ipo-details\/","title":{"rendered":"Aadhar Housing Finance IPO Details - Complete Overview of Aadhar Housing Finance Limited IPO"},"content":{"rendered":"\n<p><strong><strong>Aadhar Housing Finance<\/strong><\/strong> <strong>IPO Price: <\/strong>\u20b9300 to \u20b9315<strong><br>IPO Date Range:<\/strong> 8 May, 2024 - 10 May, 2024<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"500\" height=\"192\" src=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/05\/aadhar-housing-finance-logo.png\" alt=\"Aadhar Housing Finance IPO\" class=\"wp-image-6850\" style=\"width:297px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/05\/aadhar-housing-finance-logo.png 500w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/05\/aadhar-housing-finance-logo-150x58.png 150w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\">Foundation &amp; Business Essence<\/h2>\n\n\n\n<p>Established in 2010, Aadhar Housing Finance Limited is a housing finance company with a focus on the lower income segment in India. The company operates deep impact branches and sales offices targeting customers in tier 4 and tier 5 towns.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Business Model<\/h2>\n\n\n\n<p>Aadhar Housing Finance's business model integrates social responsibility as a core component. In addition to offering financially inclusive lending services, the company actively works towards enhancing the standard of living for its target customers. By generating employment opportunities in urban and semi-urban areas, Aadhar contributes to the growth of local economies. Through a customer-centric approach and an expansive branch network, the company aims to create a positive societal impact while ensuring sustained financial performance. Their portfolio includes mortgage loan products catering to various needs such as residential and commercial property purchase, construction, home improvement, and extension.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Network and Presence<\/h2>\n\n\n\n<p>As of December 31, 2023, Aadhar Housing Finance operates through 487 branches and 109 sales offices spread across 20 states and union territories in India. Their presence spans approximately 10,926 pin codes nationwide. With a customer-centric approach, they have served 246,983 customers across various regions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Strengths<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Specialization in the low-income housing segment distinguishes the Housing Finance Company (HFC).<\/li>\n\n\n\n<li>Demonstrated resilience across business cycles underscores the maturity of its business model.<\/li>\n\n\n\n<li>A wide-reaching network of branches and sales offices ensures extensive geographical coverage and diverse sales channels.<\/li>\n\n\n\n<li>Robust systems and processes govern underwriting, collections, and asset quality monitoring, enhancing operational efficiency.<\/li>\n\n\n\n<li>Access to diversified and cost-efficient long-term financing strengthens financial stability.<\/li>\n\n\n\n<li>Social objectives form a fundamental aspect of the company's business model, contributing to its societal impact.<\/li>\n\n\n\n<li>A seasoned and professional management team, experienced in navigating market cycles, upholds strong corporate governance standards.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-uagb-countdown uagb-block-3d225132\"><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-days\"><div role=\"timer\" aria-live=\"off\" class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-days\">-<\/div><div class=\"wp-block-uagb-countdown__label\">DAYS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-hours\"><div role=\"timer\" aria-live=\"off\" class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-hours\">-<\/div><div class=\"wp-block-uagb-countdown__label\">HOURS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-minutes\"><div role=\"timer\" aria-live=\"off\" class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-minutes\">-<\/div><div class=\"wp-block-uagb-countdown__label\">MINUTES<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-seconds\"><div role=\"timer\" aria-live=\"off\" class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-seconds\">-<\/div><div class=\"wp-block-uagb-countdown__label\">SECONDS<\/div><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-marketing-button uagb-marketing-btn__align-center uagb-marketing-btn__align-text-center uagb-marketing-btn__icon-after uagb-block-5217ab29 wp-block-button\"><a href=\"https:\/\/lakshmishree.com\/ipo\/\" class=\"uagb-marketing-btn__link wp-block-button__link\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"uagb-marketing-btn__title\">APPLY NOW<\/span><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M384 320c-17.67 0-32 14.33-32 32v96H64V160h96c17.67 0 32-14.32 32-32s-14.33-32-32-32L64 96c-35.35 0-64 28.65-64 64V448c0 35.34 28.65 64 64 64h288c35.35 0 64-28.66 64-64v-96C416 334.3 401.7 320 384 320zM488 0H352c-12.94 0-24.62 7.797-29.56 19.75c-4.969 11.97-2.219 25.72 6.938 34.88L370.8 96L169.4 297.4c-12.5 12.5-12.5 32.75 0 45.25C175.6 348.9 183.8 352 192 352s16.38-3.125 22.62-9.375L416 141.3l41.38 41.38c9.156 9.141 22.88 11.84 34.88 6.938C504.2 184.6 512 172.9 512 160V24C512 10.74 501.3 0 488 0z\"><\/path><\/svg><p class=\"uagb-marketing-btn__prefix\">Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Aadhar Housing Finance IPO Specifics:<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-b16ad781 wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>May 8, 2024 to May 10, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Wednesday, May 15, 2024<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b910 per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9300 to \u20b9315 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>47 Shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>95,238,095 shares<br>(aggregating up to \u20b93,000.00 Cr)<\/td><\/tr><tr><td>Fresh Issue<\/td><td>31,746,032 shares<br>(aggregating up to \u20b91,000.00 Cr)<\/td><\/tr><tr><td>Offer For Sale<\/td><td>63,492,063 shares of \u20b910<br>(aggregating up to \u20b92,000.00 Cr)<\/td><\/tr><tr><td>Employee Discount<\/td><td>\u20b923 per share<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share holding pre issue<\/td><td>394,754,970<\/td><\/tr><tr><td>Share holding post issue<\/td><td>426,501,002<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Aadhar Housing Finance IPO Lot Size<\/h2>\n\n\n\n<p>Bidders have the opportunity to bid for a minimum of 47 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-b16ad781 wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>47<\/td><td>\u20b914,805<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>611<\/td><td>\u20b9192,465<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>658<\/td><td>\u20b9207,270<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>67<\/td><td>3,149<\/td><td>\u20b9991,935<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>68<\/td><td>3,196<\/td><td>\u20b91,006,740<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Aadhar Housing Finance IPO Reservation<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-b16ad781 wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Net offer<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 35% of the Offer<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Offer<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Aadhar Housing Finance IPO Timetable (Important Dates)<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-b16ad781 wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Wednesday, May 8, 2024<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Friday, May 10, 2024<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Monday, May 13, 2024<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Tuesday, May 14, 2024<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Tuesday, May 14, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Wednesday, May 15, 2024<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on May 10, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-uagb-advanced-heading uagb-block-b994fb1e\"><h2 class=\"uagb-heading-text\">Don't Miss Out!<\/h2><div class=\"uagb-separator\"><\/div><p class=\"uagb-desc-text\">Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 is-style-fill\"><a class=\"wp-block-button__link has-vivid-red-background-color has-background has-text-align-center wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" target=\"_blank\" rel=\"noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Aadhar Housing Finance Limited IPO Financial Information<\/h2>\n\n\n\n<p>Between the fiscal years ending on March 31, 2023, and March 31, 2022, Aadhar Housing Finance Limited saw a notable 18.22% increase in revenue and a corresponding 22.22% rise in profit after tax (PAT).<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-b16ad781 wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2021<\/th><th>31 Mar 2022<\/th><th>31 Mar 2023<\/th><th>31 Dec 2023<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>13,630.33<\/td><td>14,375.81<\/td><td>16,617.87<\/td><td>18,035.57<\/td><\/tr><tr><td>Revenue<\/td><td>1,575.55<\/td><td>1,728.56<\/td><td>2,043.52<\/td><td>1,895.17<\/td><\/tr><tr><td>Profit After Tax<\/td><td>340.46<\/td><td>446.20<\/td><td>545.34<\/td><td>547.88<\/td><\/tr><tr><td>Net Worth<\/td><td>2,692.76<\/td><td>3,146.63<\/td><td>3,697.60<\/td><td>4,249.10<\/td><\/tr><tr><td>Total Borrowing<\/td><td>10,374.47<\/td><td>10,674.59<\/td><td>12,153.45<\/td><td>13,127.59<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator - Aadhar Housing Finance IPO<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-b16ad781 wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>Market Cap (Rs Cr)<\/td><td>13,434.78 Cr.<\/td><\/tr><tr><td>ROE<\/td><td>18.4%<\/td><\/tr><tr><td>P\/E (x)<\/td><td>22.8<\/td><\/tr><tr><td>Debt\/ Equity<\/td><td>3.1<\/td><\/tr><tr><td>EPS<\/td><td>13.81<\/td><\/tr><tr><td>RoNW<\/td><td>12.9%<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>The company intends to utilize the net proceeds for the following purposes:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Meeting future capital requirements for onward lending.<\/li>\n\n\n\n<li>Addressing general corporate needs.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/feb-2024\/aadhar-housing-finance-limited-drhp_81209.html\" target=\"_blank\" rel=\"noopener\">Aadhar Housing Finance IPO DRHP<\/a> and <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/apr-2024\/aadhar-housing-finance-limited-rhp_83134.html\" target=\"_blank\" rel=\"noopener\">Aadhar Housing Finance IPO RHP<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Frequently Asked Questions<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-e0c8c4f4\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1693390748634\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390791940\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Why do companies go public with an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390691805\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is the price range for the \"Aadhar Housing Finance Limited\" IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The price range for the\"Aadhar Housing Finance Limited\" IPO is \u20b9300 to \u20b9315 per share.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390728061\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">When will the \"Aadhar Housing Finance Limited\" IPO be listed on the stock exchange?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The \"Aadhar Housing Finance Limited\" IPO is expected to be listed on Wednesday, 15 May 2024.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390318021\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How to apply for an IPO with Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>To apply for an IPO with Lakshmishree:<br \/>Go to www.lakshmishree.com\/ipo<br \/>Select the desired IPO and fill in the required details.<br \/>Confirm your application and make the payment.<br \/>Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390631857\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Aadhar Housing Finance IPO Price: \u20b9300 to \u20b9315IPO Date Range: 8 May, 2024 - 10 May, 2024 Foundation &amp; Business Essence Established in 2010, Aadhar Housing Finance Limited is a housing finance company with a focus on the lower income segment in India. The company operates deep impact branches and sales offices targeting customers in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[],"class_list":["post-6848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/6848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=6848"}],"version-history":[{"count":5,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/6848\/revisions"}],"predecessor-version":[{"id":6877,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/6848\/revisions\/6877"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/6886"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=6848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=6848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=6848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}