Site icon StockFinz

IPO Allotment in Focus Today: Aadhar Housing Finance

aadhar housing finance

Aadhar Housing Finance initial public offering (IPO): Today, Monday, May 13, is the final day for the allocation of shares. The registrar’s portal, Kfin Technologies Ltd., is where investors who applied for the Aadhar Housing Finance IPO may check the progress of their allotment.

The subscription period for the house finance company ran from Wednesday, May 8, to Friday, May 10. Retail and non-institutional investors (NIIs) showed generally strong demand for the issuance by the end of the third day. On the last day, the Aadhar Housing Finance IPO subscription status was 25.49 times. B

By identifying the basis of allocation, investors can ascertain if and to what degree they have been given shares. The number of shares allotted is another aspect of the IPO allotment status. The application refund process will be initiated by the corporation for those applicants who did not get shares. The shares allotted to a person will be included in their demat account.

Aadhar Housing Finance Eligibility

The reimbursement process for those who were not awarded shares will start on Tuesday, May 14. Those who received shares will receive them in their demat accounts on the same day. The IPO listing date for Aadhar Housing Finance is set for Wednesday, May 15. On the Kfin Technologies Ltd. website, the IPO registrar, you can check the allotment status of the Aadhar Housing Finance IPO if you have applied for it.

To apply or check out the status, visit this site.

Today’s Aadhar Housing Finance IPO GMP

The IPO GMP for Aadhar Housing Finance is +77.50. According to investorgain.com, this shows that the price of Aadhar Housing Finance shares were selling at a premium of ₹77.50 on the black market. Aadhar Housing Finance’s shares are expected to list at ₹392.5 a share, 24.6% higher than the IPO price of ₹315 when the upper end of the IPO pricing range and the current premium on the grey market are factored in. A “grey market premium” denotes the willingness of investors to part with more money than the issue price.

Read More: JNK IPO Allotment

Exit mobile version