Aadhar Housing Finance IPO - Details

Aadhar Housing Finance Limited's IPO constitutes a fresh issue of up to Rs 15,000 million and an offer for sale of up to Rs 58,000 million, aggregating up to Rs 73,000 million. The company offers a range of mortgage-related loan products, including home purchase, construction, and extension loans.

Opening Date:

To be announced

Issue Size:

To be announced

Closing Date:

To be announced

Face Value:

To be announced

Price Band:

To be announced

Market Lot:

To be announced

Opening Date:

To be announced

Issue Size:

To be announced

Closing Date:

To be announced

Face Value:

To be announced

Price Band:

To be announced

Market Lot:

To be announced

Listing at NSE, BSE

Aadhar Housing Finance IPO Important Dates

Allotment Date To be announced
Initiation of Refunds To be announced
Credit of shares to Demat Account To be announced
Ipo Listing Date To be announced
UPI Mandate Expiry Date To be announced

View all upcoming IPOs

About Aadhar Housing Finance:

They are the largest HFC focused on providing mortgage-related loans to the lower-income group in the rural and semi-rural areas. According to the CRISIL report, Aadhar Housing Finance had an AUM 1.5 times their closest competitor on March 31, 2020. Their gross AUM increased from Rs 100,157.5 million in FY2019 to Rs 140,521.9 million as of December 31, 2021.

As of December 31, 2021, Aadhar Housing Finance had 325 branches in 20 states and union territories, with no state accounting for more than 16.2% of gross AUM.

About Aadhar Housing IPO Objectives:

The proceeds from the fresh issues will augment the company's capital base.

Why should you invest in the Aadhar Housing Finance IPO?

Below are your top 4 reasons:

  • Aadhar Housing Finance has stable credit ratings of A1+ and AA- ratings from CRISIL in short and long term loans, respectively.
  • The company focuses on semi-urban and rural audiences. They are the largest affordable HFC with an extensive network of 292 branches as of September 30, 2020.
  • Aadhar Housing Finance has the highest ALM surplus among peers in a 12-month bucket.
  • They have a robust and comprehensive process for underwriting, collection, and monitoring asset quality.

Aadhar Housing Finance Financial Highlights:

Particulars

For the year/period ended (₹ in Cr)

 

FY21

FY20

FY19

Retail AUM

133.252.2

113,896.2

99,208.7

Gross NPA

1.07%

0.82%

0.58%

Profit After Tax

3,401.3

1,893.8

1,618.8

EPS

8.37

5.83

6.39

ROE

13.71%

15.46%

20.53%

How to apply for Aadhar Housing Finance IPO?

There are two ways by which investors can choose to start trading. One is through UPI, and the other is with the help of a Demat account. The processes are discussed below:

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for Aadhar Housing Finance IPO and approve the payment on your UPI ID.

Demat Account

Aadhar Housing Finance Noteworthy Highlights:

  • One of India's key players in the fastest-growing sub-segment of affordable housing loans.
  • A retail customer-focused business model with a 65% customer base comprising salaried customers.

Aadhar Housing Finance IPO SWOT Analysis

Pros Cons

They have deep penetration in the Indian market in the affordable mortgage-related loan segment. Aadhar Housing Finance has the largest customer base among its peers.

An increase in customer delinquencies and RBI mandated moratorium can impact revenue earnings.

They have access to cost-effective long-term financing.

Any rise in non-performing assets may result in lowering the company’s profit.

They have an experienced management team with an average experience of 25 years.

The company is involved in several legal proceedings, and their outcome may impact its performance.

Competitive Analysis: Market Peer

There are no listed competitors engaged in a similar line of business to Aadhar Housing Finance Ltd. Accordingly, we can't provide an industry comparison concerning the company.

Frequently Asked Question

What is Aadhar Housing Finance IPO?

Aadhar Housing Finance Limited's Rs 73,000 IPO consists of new issues of Rs 15,000 million and equities on offer worth Rs 58,000 million.

When will Aadhar Housing Finance IPO allotment be available?

There is no announcement regarding the date of allotment.

What will be Aadhar Housing Finance IPO lot size?

Details regarding the lot size of the IPO aren't announced.

When will Aadhar Housing Finance IPO open for subscription?

The IPO dates aren't updated.

What minimum lot size can retail investors subscribe to?

Investors should apply for at least one lot.

When will Aadhar Housing Finance list on exchanges?

It usually takes ten working days from the last day of subscription to list the stocks on the exchange.

How to check the allotment status of Aadhar Housing Finance IPO?

Investors can visit the register's website or BSE/NSE website to check IPO allotment status. Keep your application number, DP id, and PAN number available when checking allotment status.

If you are an existing Angel One client, you can check the IPO allotment status by logging in to the customer account.

What would be the listing gains on Aadhar Housing Finance IPO?

Listing gain refers to the price difference between the stock's opening price and the allotment price of the IPO.

There is no guarantee that IPO shares will open with a listing gain. It depends on the market sentiment, demand for the IPO, global factors, and the short-term outlook, among other factors.

I have finished the application process for Aadhar Housing Finance's IPO, but the funds are not yet debited. What is the reason?

Your account isn't yet debited because the bank initially blocks the fund when you apply for the IPO but don't release it. The fund will stay in your account and continue to earn interest. They will debit the amount when IPO shares are allotted to you or unblock it on the UPI mandate expiration date.

Can I alter my bid for Aadhar Housing Finance's IPO after confirming its final application?

Yes, you can change the price or the lot size by filling the changing/revising the bid application form available with the application. But it could be a challenge to complete the process within the time given.

Can I submit more than one application for the public issue of Aadhar Housing Finance using one PAN?

No. Investors can submit only one bid against one PAN card at a time.

Who is the owner of Aadhar Housing Finance?

Kapil Wadhawan founded the Mumbai-based Aadhar Housing Finance Limited in 2010.

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