Aadhar Housing Finance Limited IPO (Aadhar Housing Finance IPO)

Aadhar Housing Finance IPO
Upcoming Aadhar Housing Finance IPO | Current Aadhar Housing Finance IPO

Aadhar Housing Finance is a retail real estate finance company, working for economically disadvantaged and low-income clients, who need a small ticket home loan. It is the largest and most affordable HFC in India according to AUM. The company also has AUM which is very different in terms of location and very efficient in terms of operating costs.

The average ticket size for Aadhar Housing Finance loan was INR0.85 million, with an average loan rate of 56.7%, up from 30 September 2020. About 64.8% and 35.2% of its AUM total amount included borrowed from leading customers and self-employed customers, respectively.

The company has a wide network of 292 branches, as of 30 September 2020, with branches spread out in 20 states and union districts, operating in about 12,000 locations throughout India. Its branch network is heavily dispersed without a national census of more than 16.2% according to Gross AUM. As of 30 September 2020, Aadhar Housing Finance has 2,088 employees and its 100% subsidiary has a total of 1,326 employees.

Aadhar Housing Finance IPO

Competitive Strengths

  • Rapid growth, extensive scale, and improvement in unit economics.
  • Their proprietary logistics operating system.
  • Vast data intelligence capabilities.
  • Their network design and engineering.
  • Their integrated portfolio of logistics services.
  • Strong relationships with a diverse customer base.
  • Extensive ecosystem of partners, enabling an asset-light business model and extended reach.
  • Highly qualified professional team.

Company Financials

Amount (in INR & Million)31 Dec 202131 March 202131 Dec 202031 March 202031 March 2019
Total Assets1,42,111.11,36,303.31,30,116.01,23,664.394,800.2
Total Revenue12,764.115,755.511,626.213,884.612,656.3
Profit After Tax3,296.03,401.32,470.41,893.81,618.8

Object Of The Issue

  • Funding organic growth initiatives.
  • Building scales in existing business lines and developing new adjacent business lines.
  • Expanding Network Structures.
  • Upgrading Logistics Operating System.
  • And for other corporate purposes.
Aadhar Housing Finance IPO
Object of the Issue Object

Aadhar Housing Finance IPO Strengths

  • Aadhar Housing Finance is the largest affordable housing finance company in the country as of 31 March 2021, in terms of AUM. They are around 1.5 times larger than the second peer.
  • They have a high level of market penetration, geographical expansion and sales channel.
  • They have very efficient and comprehensive systems for underwriting, collections and for monitoring the asset quality.
  • They have access to a highly diversified and cost-effective long-term financing.

Aadhar Housing Finance IPO Risks

  • There has been an increase in the number of delinquencies and the moratorium mandated by the RBI will adversely affect the operations of the company.
  • The HFC is very vulnerable to the volatility in interest rates, and this may cause liquidity issues in the future.
  • If the non-performing assets increase, it will adversely affect the company.

Aadhar Housing Finance IPO – Details

IPO Opening DateJuly 2022
IPO Closing DateJuly 2022
Issue TypeBook Built Issue IPO
Issue Size
Face Value₹10 per equity share
IPO Price
Market Lot
Min Order
Listing AtBSE, NSE
RegisterKFin Technologies Limited
QIB Shares Offered
Retail Shares Offered
NII (HNI) Shares Offered

Aadhar Housing Finance IPO – Date Schedule

IPO Open DateJuly 2022
IPO Close DateJuly 2022
Basis of Allotment DateJuly 2022
Initiation of RefundsJuly 2022
Credit of Shares to Demat AccountJuly 2022
IPO Listing DateJuly 2022

Aadhar Housing Finance IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Minimum
Maximum

Promoter Holding

Pre Issue Share Holding98.72%
Post Issue Share Holding

Aadhar Housing Finance IPO Prospectus

Company Contact Information

Aadhar Housing Finance Limited

2nd floor, No. 3, JVT Towers, 8th ‘A’, Main Road, S.R. Nagar,
Bengaluru 560 027, Karnataka, India

Tel: +91 22 3950 9900
E-mail: complianceofficer@aadharhousing.com
Website: https://aadharhousing.com/

Aadhar Housing Finance IPO Registrar

Kfin Technologies Private Limited

Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222
E-mail: ahfl.ipo@kfintech.com
Website: www.kfintech.com

Aadhar Housing Finance IPO Lead Manager(s)

1. ICICI Securities Limited
2. Citigroup Global Markets India Private Limited
3. Nomura Financial Advisory and Securities (India) Private Limited
4. SBI Capital Markets Limited 

Aadhar Housing Finance IPO FAQs

What is Aadhar Housing Finance IPO?

Aadhar Housing Finance IPO is a main-board IPO. The issue is priced at [] to [] per equity share. The IPO is to be listed on BSE & NSE.
When Aadhar Housing Finance IPO will open?

The IPO is to open on July 2022 for QIB, NII, and Retail Investors.
What is Aadhar Housing Finance IPO Investors Portion?

The investors’ portion for QIB-NII-, and Retail.
How to Apply the Aadhar Housing Finance IPO?

You can apply Aadhar Housing Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Aadhar Housing Finance IPO through Angle One?

Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Aadhar Housing Finance”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One.
How to Apply the Aadhar Housing Finance IPO through 5 Paisa?

Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Aadhar Housing Finance”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa.
How to Apply the Aadhar Housing Finance IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Aadhar Housing Finance”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
How to Apply the Aadhar Housing Finance IPO through IIFL?

Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Aadhar Housing Finance”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL.
What is Aadhar Housing Finance IPO Size?

Aadhar Housing Finance IPO size is [].
What is Aadhar Housing Finance IPO Price Band?

Aadhar Housing Finance IPO Price Band is [] to [].
What is Aadhar Housing Finance IPO Minimum and Maximum Lot Size?

The minimum bid is [] with [] amount while the maximum bid is [] with [].
What is the Aadhar Housing Finance IPO Allotment Date?

Aadhar Housing Finance IPO allotment date is [].
What is the Aadhar Housing Finance IPO Listing Date?

Aadhar Housing Finance IPO listing date is []. The IPO is to list on BSE and NSE.

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