Aadhar Housing Finance IPO full Details - The Aadhar Housing Finance IPO is available for subscription today (Wednesday, May 8) and will close on Friday, May 10. The IPO price range for the Blackstone-backed company is ₹300 to ₹315 per share. The Aadhar Housing Finance IPO raised ₹898 crore from anchor investors on Tuesday, May 7. Bids can be made in multiples of 47 shares, with a minimum bid of 47.
The Aadhar Housing Finance IPO offered 35% of the issue size to retail investors, 15% to non-institutional investors (NIIs), and 50% to qualified institutional buyers (QIBs). The corporation is offering a discount of ₹23 per share to its employees.
Aadhar Housing Finance Limited is a housing finance company that was established in 2010 with a focus on lower-income individuals. The deep impact branches' sales offices target customers in India's tier 4 and tier 5 towns.
As of September 30, 2023, the firm had a network of 471 branches, including 91 sales offices. These branches and sales offices service around 10,926 pin codes in India, which are spread across 20 states and union territories.
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