Exciting updates on Aadhar Housing Finance IPO subscriptions and allotment process. Stay tuned for the latest listing details!
The much-awaited Aadhar Housing Finance IPO is set to make its debut on the bourses tomorrow, with retail investors already grabbing 35% of the issue size. The IPO garnered massive attention, receiving bids for a staggering 178.65 crore shares against the initial 7 crore shares on offer, ending with a blockbuster subscription. As the allotment process begins on May 14, investors are eagerly checking for their share allocation.
Despite the initial grey market premium dipping to Rs 75-80, investors are gearing up for the IPO listing on May 15. The IPO includes a fresh issue of 3.17 crore shares and an offer for sale of 6.35 crore shares, amounting to a total of Rs 1000 crores. The raised funds are earmarked for future lending activities and general corporate purposes.
In the anticipation of the final allotment details, investors are eager to learn about their share allocation status. The basis of allotment will determine the success of investors in securing their desired shares. Stay tuned for the latest updates on Aadhar Housing Finance IPO!
**Interesting Facts:** 1. Retail investors grab a significant share of 35% in the Aadhar Housing Finance IPO. 2. The IPO witnessed an overwhelming response with bids for 178.65 crore shares against the initial 7 crore shares on offer.
Aadhar Housing Finance IPO scheduled for listing on May 15. Retail investors allotted 35% of the issue size, with minimum bid of 47 shares.
Aadhar Housing Finance IPO allotment: For those who have been allotted the shares, the allotment process begins on May 14. Listing date of the IPO is May ...
The offer received bids for 178.65 crore shares as against 7 crore shares on offer.
The grey market premium of Aadhar Housing Finance in the unofficial market stood at Rs 75-80 levels, when the issue closed for bidding on May 10.
The Aadhar Housing Finance IPO includes a fresh issue of 3.17 crore shares totaling Rs 1000 crores and an offer for sale of 6.35 crore shares totaling Rs ...
Aadhar Housing Finance: According to the company, the raised funds will be spent for lending in the future and other general corporate purposes.
Aadhar Housing Finance IPO GMP: Investors can find out whether they have been allotted shares or not by determining the basis of allotment.
The IPO's price band was fixed at Rs 300-315 per share. Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd expects a listing gain of 10-15% for Aadhar ...
Aadhar Housing Finance IPO GMP: The grey market is signalling that the Aadhar Housing Finance IPO listing price will be around โน380, say market observers.
Shares of Aadhar Housing Finance were commanding a grey market premium of Rs 48-50 apiece over the given issue price, suggesting a listing pop of around 15 ...
Aadhar Housing IPO was completed on May 10 and the price band was fixed in the range of Rs 300-315 per share.
Aadhar Housing Finance's listing price was below analysts' expectations as well as a grey market premium.
Aadhar Housing Finance IPO: The IPO was overall subscribed 26.76 times as investors bid for 178.65 crore shares as against 6.67 crore on offer.
Aadhar Housing Finance IPO sees strong demand, expected to list with 10-15% gains, backed by Blackstone.