Aadhar Housing Finance opened its issue on May 08 to the investors to collect a total of Rs 3,000 crore. The allotment of Aadhar Housing Finance will be finalised on Monday, May 13. Here’s how you can check the allotment:
Step 1
Search Kfin Technologies on your search engine
Step 2
Open the website of Kfin Technologies and hover on the ‘Products’. Now, in the drop-down menu go to the investors section and click on the IPO allotment status or click on Kfin Technologies.
Step 3
Fill in all your details – the company’s name and Application number/ Demat account/ or PAN number (any of the three).
Step 4
Enter the captcha and hit the search button.
The refunds will be initiated on May 14 and shares will be credited on the aforementioned date.
About Aadhar Housing Finance’s issue
The company set a price band between a range of Rs 300 to 315 per equity share, with 47 shares being the minimum in a lot amounting to Rs 14,805. While for NII and QIB investors lot size is different.
Employee Reservation
The company has kept aside up to 2,39,726 shares for employees and offering a discount of Rs 30 a share to the issue price.
Citigroup Global Markets India, ICICI Securities, Kotak Mahindra Capital Company, Nomura Financial Advisory and Securities (India), and SBI Capital Markets were the book-running lead managers.