Aadhar Housing Finance IPO: Price band at Rs 300-315 per share, offer to open on May 8

Blackstone-owned housing finance company Aadhar Housing Finance has today announced the price band for its Rs 3,000 crore initial public offering (IPO) at ₹300-315 per share. The IPO will open for subscription from May 8 to May 10, and the anchor book will open on May 7 – a day prior.

The total size of the Aadhar Housing Finance IPO is Rs 3,000 crore, out of which, Rs 1,000 crore will be a fresh issue of shares and an offer for sale (OFS) by existing shareholders of Rs 2,000 crore. At the upper end of the price band, the valuation of the company comes in at Rs 13,000 Crore.

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