How To Check Aadhar Housing IPO Allotment Status

Aadhar Housing Finance, a Blackstone-backed entity offering home financing services, is poised to finalise the share allotment status of its IPO, which garnered subscriptions over 26 times last week. The share allotment will be concluded today.

If you applied for the IPO, here is how you can check the Aadhar Housing Finance IPO allotment status.

Checking Aadhar Housing Finance IPO Allotment Status on Registrar's Website:

Follow these steps to check the Aadhar Housing Finance IPO allotment status

  1. Visit the registrar's website.
  2. Click on "Company Selection" and choose "Aadhar Housing Finance" from the dropdown menu.
  3. Then you can enter your PAN, application number, or Demat.
  4. Enter the captcha and click Submit to retrieve the Aadhar Housing Finance IPO allotment status

Checking IPO Allotment Status on BSE:

  1. Go to the BSE website.
  2. Click on the ‘Equity' section and select "Aadhar Housing Finance" from the dropdown menu.
  3. Enter your application number or PAN.
  4. Click on the ‘Search' button.
  5. The result will show the number of shares allotted to you.

If all the details are entered correctly and the allotment has been finalised, the Aadhar Housing Finance IPO allotment status will be visible.

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Aadhar Housing IPO Subscription Status

The Aadhar IPO, open for subscription from May 8 to May 10, featured a price band of ₹300-₹315 per share. The minimum lot size was 47 shares, amounting to a minimum investment of ₹14,805 for retail investors.

Comprising a fresh issue of 3.17 crore shares, worth ₹1,000 crore, and an offer for sale (OFS) of 6.35 crore shares, aggregating to ₹2,000 crore, the IPO saw strong demand.

Subscribers allotted shares will need to verify the extent of the allotment, which will be reflected in their demat accounts. Refunds for unsubscribed shares will be initiated on Tuesday, May 14.

The book-built issue worth ₹3,000 crore was subscribed by an impressive 26.76 times. Qualified Institutional Buyers' (QIB) category was subscribed 76.41 times, Non-Institutional Investors' (NII) category 17.32 times, and retail investors’ segment 2.57 times.

In the employees' category, the public issue was subscribed 6.52 times.

Aadhar Housing IPO GMP

In terms of grey market premium (GMP), Aadhar Housing Finance shares were trading at a premium of ₹77.50, suggesting a potential listing price of ₹392.5 per share, 24.6% higher than the upper IPO price band of ₹315.

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Posted In: EquitiesNewsIPOsMarketsAadhar Housing Finance