Issue Price
₹315
Per Share
GMP
NIL
Grey Market
Est. Listing
₹315
Expected Price
Min. Application
₹29,610
2 lots × 47 shares
Incorporated in 2010, Aadhar Housing Finance Limited is a housing finance company targeting the lower income segment. The deep impact branches' sales offices aim to serve customers in India's tier 4 and tier 5 towns.As of Sept. 30, 2023, the company enrolled 12,221 Aadhar Mitras who get referral fees for sourcing customers' 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.
Aadhar Housing Finance Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 95,255,598 | 100.00% | ₹3,000.55 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 47 | ₹14,805 |
| Retail (Max) | 13 | 611 | ₹192,465 |
| sNII (Min) | 14 | 658 | ₹207,270 |
| bNII (Min) | 68 | 3,196 | ₹1,006,740 |
| Particulars | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 1895.17 | 2043.52 | 1728.56 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 547.88 | 545.34 | 446.20 |
| Net Worth | 4249.10 | 3697.60 | 3146.63 |
| Total Assets | 18035.57 | 16617.87 | 14375.81 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | 13127.59 | 12153.45 | 10674.59 |