31 Mar 2021
Assets13,630.33
Total Income1,575.55
Profit After Tax340.46
NET Worth2,692.76
Total Borrowing10,374.47
At a glance
Updated 2026-09-14Aadhar Housing Finance was incorporated in 2010 and operates in the Housing Finance CompanyIncorporated1990 segment. Aadhar Housing Finance is a Mainboard IPO with an issue size of ₹3,000.00 crore, proposed for listing on BSE, NSE. The offer opens on 8th May 2024 and closes on 10th May 2024. The issue structure includes a fresh issue of ₹1,000.37 crore and an offer-for-sale component of ₹1,999.63 crore. The current listing schedule points to 15th May 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹3,000.00 Cr
Fresh issue₹1,000.37 Cr
Offer for sale₹1,999.63 Cr
Face value₹10
Price band₹300.00–₹315.00
Allotment13th May 2024
Listing15th May 2024
Grey market
GMP page ↗Latest GMP₹43.00
GMP / upper price13.65%
Est. listing₹358.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens8th May 2024
Closes10th May 2024
Allotment13th May 2024
Refund14th May 2024
Demat14th May 2024
Listing15th May 2024
Subscription demand
Full bidding ↗Total26.76×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 47 | ₹14,805 |
Company
SectorHousing Finance CompanyIncorporated1990
Incorporated2010
Use of proceeds
| Object | Amount |
|---|---|
| To meet future capital requirements towards onward lending | ₹750.00 Cr |
| General corporate purposes | ₹202.33 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue1,895.17₹ Cr · -7.3% vs prior year
PAT547.88₹ Cr · +0.5% vs prior year
Assets18,035.57₹ Cr · +8.5% vs prior year
Net Worth4,249.10₹ Cr · +14.9% vs prior year
Borrowing13,127.59₹ Cr · +8.0% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets14,375.81
Total Income1,728.56
Profit After Tax446.20
NET Worth3,146.63
Total Borrowing10,674.59
31 Mar 2023
Assets16,617.87
Total Income2,043.52
Profit After Tax545.34
NET Worth3,697.60
Total Borrowing12,153.45
31 Dec 2023
Assets18,035.57
Total Income1,895.17
Profit After Tax547.88
NET Worth4,249.10
Total Borrowing13,127.59
KPIs
| KPI | Dec 31, 2023 |
|---|---|
| ROE | 18.4% |
| Debt / Equity | 3.10% |
| RoNW | 12.9% |
| Price to Book Value | 2.93 |
Valuation & shareholding
Pre-IPO EPS13.81
Post-IPO EPS17.13
Pre-IPO P/E22.8
Post-IPO P/E18.39
Promoter holding pre98.72%
Promoter holding post76.48%
Market cap₹13434.78 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Aadhar Housing Finance IPO | — | 18.39 x | — | — |
| Gaja Alternative IPO | — | 27.54 x | — | — |
| Turtlemint Fintech IPO | — | - | — | — |
| Onemi Technology IPO | — | 10.84 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| BRLMs fees and commissions (including underwriting commission, brokerage and selling commission) | ₹56.29 Cr |
| Commission/processing fee for SCSBs and Bankers to the Offer and fee payable to the Sponsor Banks for Bids made by RIBs using UPI | ₹6.59 Cr |
| Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | — |
| Fees payable to the Registrar to the Offer | ₹0.28 Cr |
| Fees payable to others | ₹11.70 Cr |
| Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | ₹12.03 Cr |
| Printing and stationery | ₹2.60 Cr |
| Advertising and marketing expenses | ₹13.43 Cr |
| Fee payable to legal advisors | ₹19.12 Cr |
| Miscellaneous | ₹20.96 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Kotak Mahindra Capital Co.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-14.
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