Aadhar Housing Finance Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 47,507,935 (50%) | — | ₹149,650 Cr |
| NII (HNI) | — | 14,252,381 (15%) | — | ₹44,895 Cr |
| Retail | — | 33,255,556 (35%) | — | ₹104,755 Cr |
| Employee | — | 239,726 (0%) | — | ₹76 Cr |
| Σ Total | — | 95,255,598 (100%) | — | ₹3,000,551 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 47 | ₹14,805 |
| Retail (Max) | 13 | 611 | ₹192,465 |
| S-HNI (Min) | 14 | 658 | ₹207,270 |
| B-HNI (Min) | 67 | 3,149 | ₹991,935 |
Financial Statements Amount in Crore
| Metric | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 1,895 | 2,044 | 1,729 |
| Profit After Tax | 548 | 545 | 446 |
| Net Worth | 4,249 | 3,698 | 3,147 |
| Total Assets | 18,036 | 16,618 | 14,376 |
| Total Borrowing | 13,128 | 12,153 | 10,675 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet future capital requirements towards onward lending; and –
- General corporate purposes. –
Company Overview
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.