The Aadhar Housing Finance IPO has garnered strong demand from investors, with the allotment process set to be finalized on Monday. The IPO, which opened for subscription on May 8 and closed on May 10, is expected to have its share listing date on May 15.
Investors eagerly await the basis of allotment to see how many shares they have been allotted. They can check their Aadhar Housing Finance IPO allotment status on the BSE website or the official portal of IPO registrar, Kfin Technologies.
To check the allotment status on the BSE website, investors can follow these steps:
1. Visit the BSE website and select ‘Equity’ under ‘Issue Type’
2. Choose ‘Aadhar Housing Finance Limited’ in the ‘Issue Name’ dropdown menu
3. Enter either the Application number or PAN details
4. Click ‘Search’ to view the allotment status
Alternatively, investors can check their allotment status on Kfin Technologies website by selecting ‘Aadhar Housing Finance Limited’ in the dropdown menu and entering the required details.
The Aadhar Housing Finance IPO shares are trading at a premium in the grey market, with a GMP of ₹71 per share. The IPO has been subscribed 26.76 times in total, with strong interest from retail, Qualified Institutional Buyers (QIB), and Non-Institutional Investors (NII) categories.
The IPO, worth ₹3,000 crore, consisted of a fresh issue and an offer for sale component. The price band was set at ₹300 to ₹315 per share, and the company raised funds from anchor investors before the IPO opening. ICICI Securities, Citigroup Global Markets India, and other firms are the book running lead managers of the IPO.