Aadhar Housing Finance is the largest HFC which offers a range of mortgage-related loan products, including loans for residential property purchase and construction; home improvement and extension loans; and loans for commercial property construction and acquisition.
The IPO constitutes a fresh issue of up to Rs 15,000 million and an offer for sale of up to Rs 58,000 million, aggregating up to Rs 73,000 million.
Listing at NSE, BSE
|IPO Open Date||To be announced|
|IPO Close Date||To be announced|
|Allotment Date||To be announced|
|Initiation Of Refunds||To be announced|
|Credit Of Shares To
|To be announced|
|IPO Listing Date||To be announced|
|UPI Mandate Expiry Date||To be announced|
|Profit After Tax||3,401.3||1,893.8||1,618.8|
A simple and smartest way to apply in IPO online via Religare Dynami Mobile App
Below are your top 4 reasons:
One of the largest affordable housing finance company with deep penetration in the Indian market in the mortgage-related loan segment
Access to diversified and cost-effective long-term financing
Experienced and professional management team with an average experience of 25 years
Inability to maintain the capital adequacy ratio
Increase in the levels of non-performing assets (NPAs) in its AUM
Any negative events affecting the Indian real estate sector could adversely affect the value of the collateral for loans, business and result of operations
Retail investors need to apply for the IPO using UPI
Fill up your personal details in the form above
Fill up your DOB, PAN, email & bank account details
Upload your photo and e-sign your application via Aadhaar OTP
Aadhar Housing Finance Limited’s Rs 73,000 IPO consists of new issues of Rs 15,000 million and equities on offer worth Rs 58,000 million.
A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.
IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.
Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.
You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.
IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.
Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.
Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.