Results for: Aadhar Housing Finance

Aadhar Housing Finance’s stock commenced trading on the National Stock Exchange (NSE) at its issue price of ₹315. Similarly, it opened at ₹314.30 on the Bombay Stock Exchange (BSE), representing a slight discount of 0.22%. The company’s initial public offering (IPO) was met with strong investor demand, resulting in an overall subscription of 26.76 times. Retail investors, non-institutional investors (NIIs), and qualified institutional buyers (QIBs) all showed significant interest in the IPO, with QIBs subscribing the highest at 76.42 times. The IPO comprised a fresh issue of 3.17 crore shares worth ₹1,000 crore and an offer for sale of 6.35 crore shares valued at ₹2,000 crore. The proceeds from the IPO will be utilized for future capital requirements and general corporate purposes.

The share allotment status for Aadhar Housing Finance IPO has been finalized. Those who applied for the IPO can check their allotment status on the registrar’s portal – Kfin Technologies Ltd. The IPO was open for subscription from May 8 to May 10 and was subscribed 25.49 times on the final day. Allotment of shares will begin on May 14 for those who have been allotted shares. Others who have not been granted shares will be refunded on the same day.