What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Aadhar Housing Finance Limited IPO allotment date?

The basis of allotment for Aadhar Housing Finance Limited IPO is scheduled to be finalized on 13 May 2024.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 14 May 2024.

Aadhar Housing Finance Limited

ListedMainboard

Financial Services / Housing Finance · NSE / BSE

Aadhar Housing Finance Limited, established in 2010, is a leading housing finance company focused on serving India’s lower-income segment. With a strong presence in tier 4 and tier 5 towns, the company operates 471 branches and 91 sales offices across 20 states and union territories. It reaches customers through 12,221 Aadhar Mitras, who help source loans and expand financial accessibility. Offering a range of mortgage loans for home purchase, construction, renovation, and extension, Aadhar Housing Finance has supported 246,983 customers nationwide. Backed by a workforce of 3,695 employees and its subsidiary, ASSPL, employing 1,851 people, the company remains committed to inclusive and customized financial solutions.

Price Band

₹300 – ₹315

Issue Size

₹3000 Cr

Lot Size

47 shares

GMP

₹43

+13.7%

Est. Listing

₹358

at current GMP

Subscribed

26.76x

overall

Open

8 May 2024

10 May 2024

Allotment

13 May 2024

Refund

14 May 2024

Demat Credit

15 May 2024

Listing

15 May 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Aadhar Housing Finance Limited Allotment Status

Designated Registrar: Kfin Technologies Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

13 May 2024

Basis finalization

Refunds Initiate

14 May 2024

Mandate release

Demat Credit

15 May 2024

Shares in demat

Listing Debut

15 May 2024

Trading begins

How to Check Aadhar Housing Finance Limited IPO Allotment Status

Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
Select Aadhar Housing Finance Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Aadhar Housing Finance Limited Public Issue & Market Profile

Aadhar Housing Finance Limited is bringing an initial public offering (IPO) in the Financial Services / Housing Finance sector with an aggregate issue size of ₹3,000 Crores. The shares are offered at a price band of ₹300 to ₹315 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2024-05-10, the basis of allotment is scheduled to be finalized on 2024-05-13. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.