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Aadhar Housing Finance Limited IPO 2024 subscribed with a very good rate of more than 26x. The company has set a price band of Rs. 300 to 315 for a single share price. The company’s stock price after listing hits the upper circuit on the second day.Â
Aadhar Housing Finance Limited IPO 2024 Opening, Closing, and Listing Date
The Aadhar Housing Finance Ltd. IPO (Initial Public Offering) opens on Wednesday, 8 May 2024, and closes on Friday, 10 May 2024. IPO was listed on BSE and NSE on 15 May 2024 with a price band of 300 to 315 Rs. On BSE the stock was opened for 314.30 Rs. and on NSE it was 315 Rs. At the very start of this IPO investors not gaining much return but on the second trading day, the story was different.Â
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On the first day of listing the lowest price for the stock (Aadhar Housing Finance Limited on NSE) was Rs. 292, and the high was Rs. 343.70. But on the second trading day, the stock hit its upper circuit which was Rs. 362.35.Â
Aadhar Housing Finance Limited IPO 2024 Fundamental details
The company’s IPO listed with a face value of Rs. 10 per share and a lot size of 47 Shares. The total IPO issue size is 95,238,095 shares, aggregating to Rs. 3000 crores. In this book, 3.17 crores of freshly issued shares, aggregating to Rs. 1000 crore, and 6.35 crores shares, Offer For Sale, aggregating to Rs. 2000 crores issued.
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Retailers investment
For retailers who were interested in this IPO, a minimum of 1 lot of 47 shares of value Rs. 14,805 was set for allotment. A retailer could have applied for a maximum of 13 lots (611 shares) of value Rs. 1,92,465.Â
S-HNI & B-SHI investment
For S-HNI the minimum investment size was 14 lots (658 shares) of value Rs. 2,07,270, and a maximum of 67 lots (3149 shares) of value Rs. 9,91,935 were set for allotment. Also, for B-HNI the minimum investment size was 68 lots (3196 shares) of value Rs. 10,06,740.
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Employees investment
There was a discount for the company’s employees of Rs. 23 per share. The total no. of shares offered to employees was 2,39,726. Employees are in profit from the very beginning of listing.
Aadhar Housing Finance Limited IPO 2024 Subscribing Rate
The IPO of Aadhar Finance Limited was subscribed with a rate of more than 26.76 times, measured on the closing date, Friday, 10 May 2024. For the retailer category, the subscription was 2.58 times, for the QIB category 76.42 times, and for the NII category, it was 17.33 times.
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FAQ – Aadhar Housing Finance Limited IPO 2024
General FAQs related to Aadhar House IPO and its stock.
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What is the Symbol of Aadhar Housing Finance Limited Stock in NSE & BSE?
- For NSE, the symbol of Aadhar Housing Finance Limited stock is AADHARHFC, and for BSE it is 544176 (script code).
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What was the launch date, close, and listing date of Aadhar Housing Finance IPO 2024?
- The launch date of the AADHARHFC IPO was 8 May 2024, Wednesday, the closing date was Friday, 10 May 2024, and the listing date for the IPO was Wednesday, 15 May 2024.
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What was the price range and final issue price of the AADHARHFC IPO?
- The price range set for allotment was Rs. 300 to 315, and the final issue price was Rs. 315 per share.
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Is Aadhar Housing Finance Limited a listed company?
- Yes, it was listed on both BSE and NSE on 15 May 2024.
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What was the Final listing price of Aadhaar housing finance?
- The listing price of Aadhar Housing Finance Limited on BSE was Rs. 314.30, and Rs. 315 on NSE.
Aadhar Housing Finance Limited’s Latest Stock price
You can find AADHARHFC’s latest stock price at – Screener.in
Disclaimer: We are not giving buy/sell recommendations regarding any stock or other financial instruments. All information used here is only for educational purposes.