Aadhar Housing Finance which is backed by Blackstone-backed to file the draft red herring prospectus (DRHP). The company planning to raise funds through this Initial public offering. Aadhar Housing Finance is popularly known as a housing financing company in India and now growing with its affordable plans. Now Aadhar Housing IPO is seeking attention among retail investors and everyone waiting for the opening of Aadhar Housing Finance IPO. Let’s unveil everything here with the brief.
Aadhar Housing Finance was established in the year 2010. As per the claim by the company, they have over 2 customers through more than 350 branches around the country. The major loan plans of Aadhar Housing Finance are designed for the low-income group and made after considering the average middle-class family.
Currently, the company is all set to bring its Initial Public Offer (IPO) and get listed on the stock exchanges. Aadhar Housing Finance IPO drhp to be filed to SEBI to raise ₹5,000 cr to ₹5,500 cr. In this IPO, Blackstone will sell its stake in the company and it may be time when Blackstone wants to book some profit on its investment in the company.
Discussing the Aadhar Housing Finance IPO Date, and Price Band. Currently, the company is filing the draft red herring prospectus (DRHP). It is expected that we may see an IPO launch by the end of 2024 if the company gets approval from SEBI for its DRHP.