BackBack Aadhar Housing Finance IPO opens today: GMP, subscription status, review, other details. Apply or not?

Aadhar Housing Finance IPO opens for subscription today (Wednesday, May 8), and will end on Friday, May 10. The IPO priceband for the Blackstone-backed business is set at ₹300 to ₹315 per share. Aadhar Housing Finance IPO raised ₹898 crore from anchor investors on Tuesday, May 7. Bids can be placed for multiples of 47 shares, with a minimum bid of 47.

Aadhar Housing Finance IPO has allocated retail investors 35% of the issue size, non-institutional investors (NIIs) 15%, and qualified institutional buyers (QIBs) 50% of the issue size. The company is offering a discount of ₹23 per share to its employees. Aadhar Housing Finance Limited is a housing finance firm that was founded in 2010 with an emphasis on lower income groups.

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