Aadhaar Housing Finance Limited was incorporated in 2010 and subsequently merge with DHFL Vysya on November 20, 2017 and was later renamed Aadhar Housing Finance Limited. With the merger of DHFL Vysya and Aadhaar Housing Finance, Aadhaar is one of the few players that has a presence in all around the country. Aadhar Housing Finance IPO will hit the market in 2021.
Table of Contents
Issue
The firm has filed preliminary papers to raise Rs 7,300 crore with market regulator Sebi through an initial regulatory offer. – The IPO includes the issuance of shares worth Rs 1,500 crore and the offer to sell up to Rs 5,800 crore by the promoter. BCP TOPCO VII PTE. Ltd (a Blackstone Group company) is the promoter firm of Aadhaar Housing Finance Limited.
Footprints
The company is among the largest affordable housing finance companies in the country. It is catering to the home financing needs of the lower income groups of the society. The country has attempted to empower millions of individuals from their first homes.
At Aadhaar, They facilitate financial inclusion by enabling broad access to housing finance ethically and responsibly. Our financing process is simple, transparent and quick. Committed to the highest standards of ethical behavior and professionalism, we are empowering India to achieve advanced financial capabilities.
Mission
- To focus on the low-income segment
- Providing valuable financial services at affordable rates
- To expand our network and widen the net of financial and economic inclusion in every corner of the country
- To go one step further in serving our customers, providing a sense of security and pleasing the customer
- To speak the language of honor, respect and courtesy with every customer.
Promoters
Blackstone acquired a 97.7 percent stake in Aadhaar in June 2019. The purchase included the entire stake held by the then controlling shareholders – Wadhawan Global Capital and Dewan Housing Finance Limited (DHFL). Aadhaar having commercial interests in 20 states and union territories has assets of more than Rs 11,000 crore.
Financials Trends
| Particulars | For the year/period ended ( in Cr.) | ||||
|---|---|---|---|---|---|
| 30-Sep-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | ||
| Total Assets | 12,830.38 | 12,366.43 | 9,480.02 | 7,801.51 | |
| Total Revenue | 748,35 | 1,388.46 | 1,265.63 | 815.12 | |
| Profit After Tax | 156.37 | 189.38 | 161.88 | 114.21 | |
Objects of the Issue
- Prepayment / repayment of all or a portion of the outstanding borrowings of the company to be availed on consolidated basis.
- To meet common corporate objectives.
IPO Details
| IPO Opening Date | 2021 |
| IPO Closing Date | 2021 |
| Issue Type | Book Built |
| Face Value | 10 per share |
| IPO Price | 0 to 0 per equity share |
| Market Lot | 0 |
| Min Order Quantity | 0 |
| Listing At | BSE, NSE |
| Issue Size | 7300 cr |
| Fresh Issue | 1500 cr. |
| Offer for Sale | 5800 cr. |
IPO Tentative Date
Aadhar Housing Finance IPO open date is 2021, and the close date is 2021. The issue may list in 2021.
| IPO Open Date | 2021 |
| IPO Close Date | 2021 |
| Basis of Allotment Date | 2021 |
| Initiation of Refunds | 2021 |
| Credit of Shares to Demat Account | 2021 |
| IPO Listing Date | 2021 |
Basis of Allotment
| Type | % of Offer | Basis of Allotment |
|---|---|---|
| Qualified Institutional Buyer | 50 |
Roughly
equivalent
|
| Non Institutional Investor | 15 |
Roughly
equivalent
|
| Retail | 35 | Minimal level of 1 lot, based on availability, for every shareholder. |
Promoter Holding
| Pre Issue Share Holding | 98.72% |
| Post Issue Share Holding |
Aadhar Housing Finance IPO Prospectus
Contact Details
Aadhar Housing Finance Limited
2nd floor, No. 3, JVT Towers, 8th ‘A’, Main Road, S.R. Nagar,
Bengaluru 560 027, Karnataka, India;
Tel: +91 22 3950 9900
E-mail: [email protected]
Website: https://aadharhousing.com/
Registrar
KFin Technologies Private Limited
Selenium Tower-B, Plot 31 & 32, Gachibowli
Financial District, Nanakramguda, Serilingampally
Hyderabad 500 032
Telangana, India
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Lead Manager(s)
- ICICI Securities Limited
- Citigroup Global Markets India Private Limited
- Nomura Financial Advisory and Securities (India) Private Limited
- SBI Capital Markets Limited
We hope we are able to answer all you questions about Aadhar Housing Finance IPO. If you don’t have Demat account open it now with Zerodha best trading app.
Aadhar Housing Finance IPO Opening Date?
Aadhar Housing Finance IPO will open in 2021.
Aadhar Housing Finance IPO Listing Date?
Aadhar Housing Finance IPO will list in 2021.
Aadhar Housing Finance IPO GMP Today?
Aadhar Housing Finance IPO Grey Market Premium is INR 0.
Aadhar Housing Finance IPO Allotment Date?
Aadhar Housing Finance IPO basis of allotment will be in 2021.
Lot size for Aadhar Housing Finance IPO?
Lot size for Aadhar Housing Finance IPO is 0 to 0.
