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.

What is the estimated listing price for Aadhar Housing Finance Limited IPO?

Based on the upper price band of ₹315 and current GMP of ₹43, the estimated listing price is ₹358 (approx. 13.7% gain).

What is the expected profit per lot for Aadhar Housing Finance Limited IPO?

With a lot size of 47 shares and current GMP of ₹43, expected profit per retail application lot is approximately ₹2,021.

IPO GreyPremiumLIVE

Grey Market Intelligence

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

Live Grey Market Premium

Aadhar Housing Finance Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹43+13.7%

Issue Price (Upper)

₹315

Band: ₹300 – ₹315

Estimated Listing Price

₹358

Upper price + GMP

Lot Size

47 shares

Min investment ₹14,805

Date	GMP (₹)	GMP %	Est. Listing
10 Mar 2025	+₹43	13.7%	₹358
18 Nov 2025	+₹43	13.7%	₹358
26 Nov 2025	+₹43	13.7%	₹358

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 & Pricing Context:

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.

Basis of Allotment & Listing Timeline:

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 is Aadhar Housing Finance Limited IPO GMP today?

The latest grey market premium for Aadhar Housing Finance Limited IPO is ₹43, which indicates an expected listing price of ₹358.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.