Aadhar Housing Finance IPO is a book built issue of Rs 3,000.00 crores. The issue is a combination of fresh issue of 3.17 crore shares aggregating to Rs 1,000.00 crores and offer for sale of 6.35 crore shares aggregating to Rs 2,000.00 crores.
Aadhar Housing Finance IPO opens for subscription on May 8, 2024 and closes on May 10, 2024. The allotment for the Aadhar Housing Finance IPO is expected to be finalized on Monday, May 13, 2024. Aadhar Housing Finance IPO will list on BSE, NSE with tentative listing date fixed as Wednesday, May 15, 2024.
Aadhar Housing Finance IPO price band is set at ₹300 to ₹315 per share. The minimum lot size for an application is 47 Shares. The minimum amount of investment required by retail investors is ₹14,805. The minimum lot size investment for sNII is 14 lots (658 shares), amounting to ₹207,270, and for bNII, it is 68 lots (3,196 shares), amounting to ₹1,006,740.
Aadhar Housing Finance IPO Details
| IPO Date | May 8, 2024 to May 10, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹300 to ₹315 per share |
| Lot Size | 47 Shares |
| Total Issue Size | 95,238,095 shares (aggregating up to ₹3,000.00 Cr) |
| Fresh Issue | 31,746,032 shares (aggregating up to ₹1,000.00 Cr) |
| Offer for Sale | 63,492,063 shares of ₹10 (aggregating up to ₹2,000.00 Cr) |
| Employee Discount | Rs 23 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 394,754,970 |
| Share holding post issue | 426,501,002 |
Aadhar Housing Finance IPO Timeline (Tentative Schedule)
| IPO Open Date | Wednesday, May 8, 2024 |
| IPO Close Date | Friday, May 10, 2024 |
| Basis of Allotment | Monday, May 13, 2024 |
| Initiation of Refunds | Tuesday, May 14, 2024 |
| Credit of Shares to Demat | Tuesday, May 14, 2024 |
| Listing Date | Wednesday, May 15, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 10, 2024 |
Aadhar Housing Finance IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 47 | ₹14,805 |
| Retail (Max) | 13 | 611 | ₹192,465 |
| S-HNI (Min) | 14 | 658 | ₹207,270 |
| S-HNI (Max) | 67 | 3,149 | ₹991,935 |
| B-HNI (Min) | 68 | 3,196 | ₹1,006,740 |
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