Aadhar Housing Finance IPO GMP

Exciting Updates on Aadhar Housing Finance IPO

Get ready for the debut of Aadhar Housing Finance IPO with all the latest details and predictions!

The much-anticipated Aadhar Housing Finance IPO is set to make its debut on the stock exchanges tomorrow. With retail investors already being allotted 35% of the issue size and a minimum bid requirement of 47 shares, there is a buzz in the market. The grey market premium (GMP) for the IPO took a slight hit, standing at Rs 75-80 levels when the bidding closed on May 10. Despite this, experts predict a listing gain of 10-15% for Aadhar Housing Finance.

The IPO's price band was fixed at Rs 300-315 per share, indicating a strong potential for growth. The IPO includes both a fresh issue of 3.17 crore shares worth Rs 1000 crores and an offer for sale of 6.35 crore shares worth Rs 2000 crores. Investors eagerly await the allotment status, which can be checked online by determining the basis of allotment.

In the unofficial market, the Aadhar Housing Finance IPO's grey market premium (GMP) plays a significant role. GMP reflects the price at which the IPO is traded before its official listing on the stock exchange. Investors closely monitor the GMP to gauge market sentiment and potential listing price predictions. Kfin Technologies will enable investors to check their IPO allotment status online using their PAN card, adding convenience to the process.

Excitement is mounting as the Aadhar Housing Finance IPO prepares for its listing tomorrow. Stay tuned for updates on the listing price and how the market reacts to this highly anticipated debut!