Aadhar Housing Finance IPO allotment will be finalized today

13 May 2024 , 09:59 AM

Today, on Monday, May 13, the share allotment for the Aadhar Housing Finance IPO will be finalized. Investors who applied for the IPO can check their allotment status on the registrar’s portal, KFin Technologies Ltd, or on the BSE website.

For those applicants who were not allocated shares, the refund process will be initiated by the company. Shares allotted to individuals will reflect in their demat accounts.

The subscription period for the housing finance company commenced on Wednesday, May 8, and concluded on Friday, May 10. By the end of the third day, there was an overall positive demand for the issue, with both retail and non-institutional investors (NIIs) showing strong interest. The Aadhar Housing Finance IPO subscription status stood at 25.49 times on the final day.

The listing date for the Aadhar Housing Finance IPO is scheduled for Wednesday, May 15. The company successfully raised a total of Rs 3,000 crore from investors by offering 95.2 million shares. Aadhar Housing Finance maintained the IPO price band within the range of Rs 300 to Rs 315 per equity share.