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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Aadhar Housing Finance Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹315
Per ShareLot Size
47 Shares
Minimum Investment
₹14,805
Issue Size
₹3,000 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
98.72%
Issue Type
Book Building
ISIN
INE883F01010
According to CRISIL, Aadhar Housing Finance Limited is a housing finance company focused on the low-income housing segment (ticket size less than Rs.1.5 million) in India and we had the highest asset under management and net worth among our analyzed peers in FY2021, FY2022, FY2023 and nine months ended December 31, 2022 and December 31, 2023. We offer a range of mortgage-related loan products. The Company has an extensive network of 487 branches including 109 sales offices, as of December 31, 2023. its branches, sales offices, regional and corporate offices, including Registered Office and Corporate Office, are located on leased or licensed premises.
The overall size of the housing finance market focusing on low income housing loans in India was around Rs. 4.4 trillion as of December 2023, constituting for around 14% of the overall housing finance market, as per CIBIL data. CRISIL MI&A expects the industry to pick up steam gradually and the loans outstanding in housing finance focused on low income housing segment to touch Rs. 5.4-5.7 trillion by March 2026, translating into an 8-10% CAGR between Fiscals 2023 and 2026.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 95,255,598# equity shares of face value of Rs. 10 each ("Equity Shares") of Aadhar Housing Finance Limited* ("Company") for cash at a price of Rs. 315 per equity share (including a share premium of Rs. 305 per equity share) ("Offer Price") aggregating to Rs. 3000.00#^ crores comprising a fresh issuance of 31,763,535# equity shares aggregating to Rs. 1000.00#^ crores by the company ("Fresh Issue") and an offer for sale of 63,492,063# equity shares aggregating to Rs. 2000.00# crores by BCP Topco Vii Pte. Ltd. ("Promoter Selling Shareholder", and such equity shares offered by the promoter selling shareholder, the "Offered Shares") ("Offer for Sale" and together with the fresh issue, the "Offer"). The offer shall constitute 22.33% of the post-offer paid-up equity share capital of the company. The offer included a reservation of 239,726# equity shares of face value of Rs. 10 each, aggregating to Rs. 7.00^ crores (constituting up to 0.06% of the post-offer paid-up equity share capital), for subscription by eligible employees (the "Employee Reservation Portion"). The company, in consultation with the brlms offered a discount of Rs. 23 per equity share, that is, 7.30% of the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer shall constitute 22.33% and 22.28%, respectively, of the post-offer paid-up equity share capital of the company. The face value of equity shares is Rs. 10 each. The offer price is 31.5 times the face value of the equity shares. #Subject to finalization of basis of allotment. ^After employee discount.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Aadhar Housing Finance Limited was originally incorporated as `Vysya Bank Housing Finance Limited' at Bengaluru, Karnataka as a public company under the Companies Act, 1956, pursuant to a certificate of incorporation dated November 26, 1990, issued by the Registrar of Companies, Karnataka at Bangalore ("RoC") and commenced operations pursuant to a certificate for commencement of business dated November 27, 1990, issued by the RoC. Subsequently, the name of the Company was changed to `DHFL Vysya Housing Finance Limited' and a fresh certificate of incorporation dated October 15, 2003, was issued by the RoC. Separately, an entity named `Aadhar Housing Finance Private Limited' ("Pre-merger AHFPL") was incorporated as a private limited company under the Companies Act, 1956, at Mumbai, Maharashtra pursuant to a certificate of incorporation dated May 3, 2010, issued by the Registrar of Companies, Maharashtra at Mumbai, which commenced its operations in February 2011. Pre-merger AHFPL was later converted into a public company and consequently, its name was changed to `Aadhar Housing Finance Limited', and a fresh certificate of incorporation dated September 3, 2013 was issued by the Registrar of Companies, Maharashtra at Mumbai. Pre-merger AHFPL was later merged into the Company pursuant to a scheme of amalgamation approved by the National Company Law Tribunal, Bengaluru Bench at Bengaluru, vide its order dated October 27, 2017 ("Scheme of Amalgamation"). Pursuant to the Scheme of Amalgamation, the name of the Company was changed to `Aadhar Housing Finance Limited' and a fresh certificate of incorporation dated December 4, 2017, was issued by the RoC.
Wholesalers and Retailers
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.