Aadhar Housing Finance IPO

Aadhar Housing Finance

Aadhar Housing Finance IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
To be announced------
Issue SizeIPO Doc
7300.00Cr
DRHP PDF

About Aadhar Housing Finance

Aadhar Housing Finance Limited is a housing finance company (HFC) offering 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 company has an extensive network of 292 branches spread across 20 states and union territories, operating in approximately 12,000 locations across India. As of March 31, 2020, it was the largest affordable HFC in India in terms of AUM and had the largest customer base, highest disbursement in the financial year 2020, the most geographically diversified AUM, according to Aadhar Housing IPO details.;
Parent Organisation
Aadhar Housing Finance
Founded
1990
Managing Director
Deo Shankar Tripathi

Strengths & Risks

  • One of the largest affordable housing finance company in the fastest-growing sub-segment of the Indian mortgage market;
  • Extensive branch network, geographical penetration, and sales channels which contribute significantly to loan sourcing and servicing;
  • Robust, comprehensive systems and processes for underwriting, collections, and monitoring asset quality;
  • Access to diversified and cost-effective long-term financing with a disciplined approach to asset liability and liquidity management;
  • Experienced, cycle-tested, and professional management team with strong corporate governance
  • The continuing impact of the COVID-19 pandemic
  • Increase in customer delinquencies and the RBI-mandated moratorium
  • Vulnerability to the volatility in interest rates and the company face interest rate and maturity mismatches between its assets and liabilities in the future which may cause liquidity issues
  • Any increase in the levels of non-performing assets (NPAs) in its AUM
  • Any downgrade in the company’s credit ratings may increase interest rates for raising new debt, refinancing its outstanding debt, which would increase its financing costs
  • Difficulties in expanding its business or pursuing new business opportunities in new regions and markets
  • Inability to maintain the capital adequacy ratio
  • Inability to obtain, renew or maintain statutory and regulatory permits and approvals required to operate the business
  • Any failure in identifying, monitoring, and managing risks and effectively implementing its risk management policies
  • Any negative events affecting the Indian real estate sector

Financials

*All values are in Rs. Cr
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Application details

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