Aadhar Housing Finance IPO allotment finalised: Steps to check status online

Aadhar Housing Finance IPO allotment: The share allotment of the initial public offering (IPO) of Aadhar Housing Finance Limited has been finalised. The Blackstone-backed firm's shares are likely to be listed on the NSE and the BSE on Wednesday, May 15.

The ₹3,000 crore public offer, which was open for subscription from May 8 to May 10, was booked 25.49 times. The quota set aside for qualified institutional buyers was booked 73 times, the non-institutional investors' segment was subscribed 16.5 times, and the retail portion got 2.46 times bid.

The IPO consisted of fresh issuance of shares worth ₹1,000 crore, and an offer for sale (OFS) component of ₹2,000 crore by promoter BCP Topco VII Pte Ltd, which is an affiliate of Blackstone Group. The promoter held a 98.72% stake.

The company had set a price band of ₹300 to ₹315 per equity share.

The investors who took part in the bidding process can check their allotment status on the websites of the stock exchanges and the registrar Kfin Technologies Limited's portal.

Aadhar Housing Finance IPO allotment status on BSE:

• Visit https://mock.bseindia.com/investors/appli_check.aspx
• Select equity as the issue type
• From the 'Issue name' drop-down menu, select Aadhar Housing Finance
• Click on 'I'm not a robot' in the checkbox
• Click the 'Search Button'
• Enter details and click on submit.

Aadhar Housing Finance IPO allotment status on registrar website

• Visit https://ris.kfintech.com/ipostatus/
• Choose any one link from Link 1 to Link 5
• Select 'Aadhar Housing Finance' from the drop down menu of 'Select IPO'.
• Enter details and click on submit

Incorporated in 2010, Aadhar Housing Finance Limited provides housing financing solutions to lower-income consumers for home improvement, construction and buying of real estate.

The company operates in tier-4 and tier-5 towns across India with branches in 20 states and Union territories.

The company would use the net proceeds from the IPO to meet its capital requirements for inward lending. Additionally, some of the funds will be used for general corporate purposes.