Aadhar Housing Finance IPO Details

Aadhar Housing Finance Private Limited is coming up with an IPO to raise Rs. 7300 Cr. out of which 1500 Cr. will be a fresh issue and the remaining 5800 cr. to be an offer for sale by the promoter BCP Topco VII Pte Ltd. A part of the offer will be be reserved as employee quota.

Talking about the company, Aadhar Housing Finance is the largest affordable HFC in India in terms of AUM as on 31st March 2020

The company focus on serving economically weaker and low-to-middle income customers, who require small ticket mortgage loans. They have a diverse range of mortgage-related loan products.

The company reported 292 branches across 20 states and union territories at 12,000 locations across India, as of September 30, 2020

The company will use the captial to meet their future capital requirements.

Another aim to get listed is to enhance their brand name and creation of a public market for their Equity Shares in India

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IPO Strengths

  • Largest Affordable HFC in India in terms of AUM almost 1.5 times larger than the next closest competitor
  • Largest customer base
  • Widespread branches, large geographic reach and sales channels to acquire and manage loans. Approximately speaking a network of around 292 branches, in 20 states and union territories and 12,000 locations across India
  • Wide range of property related loan products
  • Consistent financial performance even in the times when the industry was down back during the pandemic years.
  • Strong and thorough systems and processes that digitize every step of the loan process, from start to finish
  • The company further plans to maximize their digital presence and improve their IT infrastructure that will ultimately reduce costs, provide real time analysis of customer data, while increasing customer reach and distribution capability
  • Strong, experienced and dedicated management team with around 25 yrs of experience

IPO Weaknesses

  • Default on loan and other payments by the customers may affect the financial lending portfolio.
  • Considering the company's business industry, there's a common risk of frauds, operational risks, regulatory and legal risks.
  • Changes in interest rates may have slight impact on overall industry ass well as company's revenue and thereby profits.
  • The company has some legal issues that could hurt their business if they go against them.

Aadhar Housing Finance Revenue & Profit

Revenue
Profit
Loss
All value in ₹ Thousand cr.

+0.815

+1.266

+1.388

10

8

6

4

2

0

2018
2019
2020

Aadhar Housing Finance IPO Dates

Open DateTo be announced
Close DateTo be announced
Allotment Date To be announced
Initiation of RefundsTo be announced
Credit of Shares to Demat AccountTo be announced
Listing DateTo be announced

Aadhar Housing Finance IPO Lot Size

Minimum Lot Size1
Maximum Lot SizeTo be announced

Seize the Opportunity! Apply for Aadhar Housing Finance IPO

No AMC Charges
Free Demat Account Opening
Low DP Charges
Zero AMC Charges for First Year
Free Research Advisory
Low DP Charges (Rs. 10 only)
Free IPO Report & Advisory

Aadhar Housing Finance IPO Subscription Breakup

QIBsTo be announced
Non Institutional InvestorsTo be announced
Retail InvestorsTo be announced

How to Apply for Aadhar Housing Finance IPO?

Step 1

First, you need to visit the IPO section on our website.

Step 2

Then, click on the 'IPO Listing' option to view the IPO.

Step 3

Open the Aadhar Housing Finance IPO by tapping on it.

Step 4

You will see an option to subscribe that you need to click on.

Step 5

Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.

Step 6

Next, verify your details and select the 'Subscribe' option to complete the bidding.

You have completed your bidding for the Aadhar Housing Finance IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.

Aadhar Housing Finance IPO FAQs

The Aadhar Housing Finance IPO is yet to be officially announced. As no notification is available for the Aadhar Housing Finance IPO yet, investors must watch for any updates.

Since the company has not issued the IPO officially yet, there is no information on the subscription closing date and time. However, investors usually have three to six days to bid for an IPO subscription.

It is possible to check the Aadhar Housing Finance IPO allotment status on the portal of your broker or registrar. Information regarding the allotment status is also conveyed via email and SMS from issuing and holding authorities, like the BSE, NSE, CDSL, and NSDL.

The company is yet to issue its IPO in the market.

The IPO refunds are usually initiated based on the refund date issued by SEBI. Once the dates are finalized, your respective banks can initiate the refund if the allotment is not obtained. If the banks cannot unlock your funds within the fund initiation date, it is relieved by the mandate end date. If there is any discrepancy regarding this, investors need to reach out to the banks immediately.

The shares are credited to the investor's DEMAT account once allotment is issued successfully. This can only be viewed after the declared period is over.

Yes, it is possible to revise or cancel an IPO application if you do it within the IPO subscription closing date.

The time of applying for any IPO is usually between Monday to Friday each week, which are the normal business days for the market. Still, it is recommended to contact your registrar for any further information.
Aadhar Housing Finance IPO: Open Date, Price, Lot Size & Subscription Details