The Aadhar Housing Finance IPO share allotment has been finalized, with the allotment process beginning on Monday, May 13. Investors who applied for the IPO can now check their allotment status on the registrar’s portal, Kfin Technologies Ltd. The subscription status for the IPO was 25.49 times on the final day, indicating a strong demand from both retail and non-institutional investors.
Those who have been allotted shares can expect to see them in their demat accounts on Tuesday, May 14, while the refund process for those who were not allotted shares will also begin on the same day. The IPO listing date is scheduled for Wednesday, May 15.
Investors can check their allotment status online by visiting the IPO registrar’s website and entering their PAN, Demat Account, or Application Number. Additionally, they can check the allotment status on the BSE and NSE websites by following a few simple steps.
The grey market premium for Aadhar Housing Finance IPO is currently at +54, indicating a strong demand for the shares. It is projected that the shares will list at a price of ₹369, which is 17.14% more than the IPO price of ₹315.
Investors are advised to consult with certified experts before making any investment decisions.