✓
Open
8 May 2024
✓
Close
10 May 2024
3
Allotment
—
✓
Listing
Wed, May 15, 2024
Price Band
₹300 to ₹315
Issue Size
9,52,55,598 shares (agg. up to ₹3,000 Cr)
Lot Size
47 Shares
Listing Date
Wed, May 15, 2024
Latest GMP
₹43
Est. Gain
13.65%
✦ AI Insight
GMP Trend
15-05-2024₹43Est. ₹358+13.65%
14-05-2024₹48Est. ₹363+15.24%
13-05-2024₹54Est. ₹369+17.14%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 19.00x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 18,035.57 | 16,617.87 | 14,375.81 | 13,630.33 |
| Total Income | 1,895.17 | 2,043.52 | 1,728.56 | 1,575.55 |
| Profit After Tax | 547.88 | 545.34 | 446.20 | 340.46 |
| NET Worth | 4,249.10 | 3,697.60 | 3,146.63 | 2,692.76 |
| Total Borrowing | 13,127.59 | 12,153.45 | 10,674.59 | 10,374.47 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| India Shelter Finance Corp.Ltd. | Mainboard | ₹1,200.00 Cr | ₹493 | 28.22 | ₹544.70 | +10.49% | ₹815.10 (-0.01%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet future capital requirements towards onward lending | 750.00 |
| 2 | General corporate purposes | 202.33 |
About Aadhar Housing Finance IPO
Incorporated in 2010, Aadhar Housing Finance Limited is a housing finance company targeting the lower income segment. The deep impact branches' sales offices aim to serve customers in India's tier 4 and tier 5 towns. As of Sept. 30, 2023, the company enrolled 12,221 Aadhar Mitras who get referral fees for sourcing customers' loans. The company provides a variety of mortgage loan products for residential and commercial property purchase and construction, home improvement and extension. As of September 30, 2023, the company has a vast network of 471 branches, including 91 sales offices. These branches and sales offices are spread across 20 states and union territories, and they operate in around 10,926 pin codes throughout India. As of September 30th, 2023, the company has 3,695 employees. Its subsidiary, Aadhar Sales and Services Private Limited (ASSPL), has 1,851 employees. The company has served 246,983 customers nationwide through 471 branches and offices.+ Read More
Contact Details
Aadhar Housing Finance Ltd. Address2nd floor, No.3, JVT Towers8th‚ Main Road, Sampangi Rama NagarBengaluru, Karnataka, 560027+91 22 41689900complianceofficer@aadharhousing.comVisit Website