{"id":13255,"date":"2023-01-16T06:40:15","date_gmt":"2023-01-16T06:40:15","guid":{"rendered":"https:\/\/blog.researchandranking.com\/?p=13255"},"modified":"2025-11-10T13:31:01","modified_gmt":"2025-11-10T08:01:01","slug":"aadhar-housing-finance-ipo","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/aadhar-housing-finance-ipo\/","title":{"rendered":"Aadhar Housing Finance IPO: Should You Buy Or Drop?"},"content":{"rendered":"
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With their IPO, India’s leading private player in the fastest-growing subsegment of affordable housing is about to enter the stock markets. According to the latest filing with SEBI<\/a>, the company intends to raise an aggregate of Rs. 3000 crores through its Initial Share Sale.<\/p>\n\n\n\n

Aadhar Housing Finance Ltd, with the motto “Ghar Banega Toh Desh Banega,”<\/strong> is a leading provider of affordable housing solutions across India. With a robust technological edge and lofty goals, the Company has decided to foray into the bourses with an upcoming IPO<\/a>.<\/p>\n\n\n\n

As in the previous two years, the IPO<\/a> market is expected to be hot in 2023. Rising business interest, rapid digitalization, strong listing performance, or a steady increase in investor participation can account for the buoyancy in the market. <\/p>\n\n\n\n

Several companies, from unicorns to tech startups and healthcare to finance banks, have announced plans to go public this year. One such company is Aadhar Housing Finance Ltd, which is all set to raise Rs. 3000 crores by combining a fresh issue and an offer for sale.<\/p>\n\n\n\n

Let us glance at the Last 3 Years’ IPO Performance-<\/h2>\n\n\n\n
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Retail Application in Lacs<\/figcaption><\/figure>\n\n\n\n

In FY 20, the large IPOs (with issue size > 15 billion) have been the best performers with the highest average listing gains-<\/p>\n\n\n\n

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This article will provide a comprehensive overview of the Aadhar Housing Finance IPO<\/strong>, allowing you to make an investment<\/a> decision.<\/p>\n\n\n\n

Aadhar Housing Finance Ltd IPO Details<\/h3>\n\n\n\n

Aadhar Housing Finance Ltd<\/strong> filed its Draft Red Herring Prospectus (DRHP) on 24th Jan 21 with the market regulator SEBI to launch a mega IPO<\/a> of Rs. 7300 Crores. The Company targets to raise this aggregate corpus through a combination of Fresh issues worth Rs. 1500 Crores and the secondary issue of shares worth Rs. 5800 Crores from existing shareholders.<\/p>\n\n\n\n

The Aadhar Housing Finance IPO<\/a><\/strong> is the first in the last five years of an Indian portfolio company backed by Blackstone, a US-based private equity behemoth.<\/p>\n\n\n\n

IPO<\/a> Status<\/strong><\/td>Approved<\/td><\/tr>
IPO Date<\/strong><\/td>8th to10th May, 2024<\/td><\/tr>
Total IPO Size<\/strong><\/td>\u20b93,000.00 Cr
( Fresh issue – Rs. 1000 and OFS – Rs. 2000 cr)  <\/td><\/tr>
No. of Shares for IPO<\/strong><\/td>47 shares<\/td><\/tr>
Issue Price Band<\/strong><\/td>\u20b9300 to \u20b9315 per share<\/td><\/tr>
IPO listing at<\/strong><\/td>BSE<\/a> and NSE<\/a><\/td><\/tr>
Face Value per Equity Share<\/strong><\/td>8th to10th May 2024<\/td><\/tr>
Issue Type<\/strong><\/td>Book Built Issue IPO<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

About Aadhar Housing Finance Ltd Company<\/h3>\n\n\n\n

Aadhar Housing Finance Ltd<\/strong> is an unlisted public limited company owned by U.S. investment giant Blackstone. This Company, headquartered in Bangalore, has an Authorized share capital of Rs. 500 Crore and a Paid-up capital of Rs. 395  Crore.<\/p>\n\n\n\n

Company<\/strong><\/td>Shareholding %<\/strong><\/td><\/tr>
BCE Topco VII Pte Ltd<\/strong><\/strong><\/td>98.72<\/td><\/tr>
ICICI Bank Ltd<\/strong><\/strong><\/td>1.18<\/td><\/tr>
IEPF Authority<\/strong><\/strong><\/td>0.03<\/td><\/tr>
Other Resident Shareholders<\/strong><\/strong><\/td>0.07<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Aadhar Housing Finance Ltd employs over 2700 people and operates through a network of 341 branches and offices across India. The housing finance company has expanded to 20 states and union territories and has been titled “The Best Brand 2021” by The Economic Times.<\/p>\n\n\n\n

Aadhar Housing Finance Ltd is the largest Housing finance company serving the low-income housing market, with an AUM of Rs. 14778 (as of March 31, 2022). The Company boasts best-in-class metrics, with a 10.9% increase in gross AUM and a 12.6% increase in loan disbursements.<\/p>\n\n\n\n

Key Business Offerings of Aadhar Housing Finance Ltd<\/h3>\n\n\n\n

The Company offers a broad array of mortgage-related products that include-<\/p>\n\n\n\n