Aadhar Housing Finance Limited IPO Share Price: IPO Date, Price, GMP, Review, Details
They are the largest Affordable HFC in India in terms of AUM, as of March 31, 2020. They are approximately 1.5 times larger than the second largest peer set company based on AUM as on March 31, 2020. (Source: CRISIL) Compared to their peers, they have the largest customer base as on March 31, 2020 and have the highest disbursement for the financial year ended March 31, 2020. (Source: CRISIL). They are an entirely retail-focused affordable housing finance company, serving economically weaker and low-to-middle income customers, who require small ticket mortgage loans.
|Particular||For the year/period ended(₹ in million)|
|Profit After Tax||1893.8||1618.8||1142.1|
Aadhar Housing Finance IPO Details :
|IPO Opening Date||will be update|
|IPO Closing Date||will be update|
|Issue Type||will be update|
|Face Value||10 per equity share|
|IPO Price||will be update|
|Market Lot||will be update|
|Min Order Quantity||will be update|
|Issue Size||73000 million|
|Offer for Sale||58000 million|
The IPO will see the promoter issue shares worth Rs 1,500 crore and make an offer to sell up to Rs 5,800 crore. Aadhar Housing Finance Limited is promoted by BCP Topco VII Pte. Ltd (a Blackstone Group company).
The company is one of the largest lenders of affordable housing in the country. It is addressing the financial needs of individuals who fall into the lower income bracket of society. The country has made an effort to empower thousands of people from their first homes.