Aadhar Housing Finance Limited
|
Lot Size
1 Lot = 47 Qty |
Min Investment
₹14805 |
|
Subscription
Oversubscribed |
Listing Gain
15(Points) |
IPO Details
|
Open Date
May 08, 2024 |
Close Date
May 10, 2024 |
Allotment Date
May 13, 2024 |
|
Allotment Date
May 13, 2024 |
Refund Initiation
May 14, 2024 |
Demat Transfer
May 14, 2024 |
|
Listing Date
May 15, 2024 |
Fresh Issue
1000 |
Offer For Sale
2000 |
|
Issue Price
₹300 to ₹315 |
Face Value
₹10 |
Issue Type
Fresh Issue |
|
Total Issue Size
3000 CR |
QIB + NII Quota
50 + 15% |
Retail Quota
35% |
|
Listing On
NSE & BSE |
Registrar
Link Intime India Pvt Ltd |
Company Financial Rusult In Crore
| PERIOD | ASSET | REVENUE | PROFIT |
|---|---|---|---|
| 31-Dec-2023 | 18035.57 | 1895.17 | 547.88 |
| 31-Mar-2023 | 16617.87 | 2043.52 | 545.34 |
| 31-Mar-2022 | 14375.81 | 1728.56 | 446.20 |
| 31-Mar-2021 | 13630.33 | 1575.55 | 340.46 |
About Aadhar Housing Finance Limited
Incorporated in 2010, Aadhar Housing Finance Limited is a housing finance company targeting the lower-income segment.
The deep impact branch sales offices aim to serve customers in India tier 4 and tier 5 towns.
As of Sept. 30, 2023, the company enrolled 12,221 Aadhar Mitras who get referral fees for sourcing customer loans.
The company provides a variety of mortgage loan products for residential and commercial property purchase and construction, home improvement, and extension.
As of September 30, 2023, the company has a vast network of 471 branches, including 91 sales offices. These branches and sales offices are spread across 20 states and union territories, and they operate in around 10,926 pin codes throughout India.
As of September 30th, 2023, the company has 3,695 employees. Its subsidiary, Aadhar Sales and Services Private Limited (ASSPL), has 1,851 employees.
The company has served 246,983 customers nationwide through 471 branches and offices.
Know before investing
Strength
- The seasoned business model with strong resilience through business cycles.
- Strong geographical penetration through extensive branch and sales office network.
Risk
- Business is concentrated primarily on a low-income segment, adverse development or government policy changes could affect the business.
- Certain legal proceedings against the company and its director may adversely impact its business.
DISCLAIMER: None of the financial information published herein should be construed as an offer to buy or sell securities or as advice in any way. All information published herein is for educational and informational purposes only and should not be relied upon as a basis for investment decisions under any circumstances. Readers must consult a qualified financial advisor before making any actual investment decisions based on the information published herein. Any reader who makes decisions based on the information published herein does so solely at his or her own risk. Investors should be aware that any investment in equity markets is subject to unpredictable market-related risks. The author does not intend to invest in this offering.