Aadhar Housing Finance IPO: Share Allotment Finalized, GMP Hints Premium Listing; Check Status

The share allotment process of the Aadhar Housing Finance IPO has been completed. The allotment process, which commenced on Monday, May 13, saw a flurry of activity, with applicants eagerly checking the Aadhar Housing Finance IPO allotment status on the registrar's portal, managed by Kfin Technologies Ltd.

The housing finance company, which opened for subscription on Wednesday, May 8, and closed on Friday, May 10, garnered healthy interest from both retail and non-institutional investors (NIIs). By the conclusion of the third day, the Aadhar Housing Finance IPO subscription status stood at an impressive 25.49 times, reflecting the positive demand for the issue.

Investors keen to ascertain their allotment status can now do so by checking the basis of allocation, which also indicates the quantity of shares allocated. For those who were not alloted shares, the refund process initiated by the company will commence on Tuesday, May 14. Conversely, individuals who were allotted shares will find them credited to their demat accounts on the same day.

Here's a simple guide on how to check the allotment status through different platforms.

Checking Allotment Status via Kfin Technologies Ltd:

To check your Aadhar Housing Finance IPO allotment status through Kfin Technologies Ltd, follow these simple steps:

Step 1: Visit the allotment link provided: https://ris.kfintech.com/ipostatus/

Step 2: Upon reaching the link, you'll find five options. Select one of these URLs to proceed.

Step 3: After selecting a URL, choose Aadhar Housing Finance IPO from the drop-down menu in the "Select IPO" section.

Step 4: Enter your PAN, Demat Account, or Application Number as required, along with the captcha code.

If using the Application Number, input it first, followed by the captcha code, and click "Submit."

For Demat Account, input your account details along with the captcha code and click "Submit."

If opting for PAN, input the PAN number along with the captcha code, then click "Submit."

Checking Allotment Status via BSE:

If you prefer to check through BSE, here's how:

Step 1: Visit BSE's official website's allotment page: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Under 'Issue Type,' select 'Equity.'

Step 3: From the drop-down menu under 'Issue Name,' select Aadhar Housing Finance IPO.

Step 4: Enter your application number or PAN.

Checking Allotment Status via NSE:

To check through NSE, follow these steps:

Step 1: Visit NSE's official website: https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp

Step 2: Click on 'Click here to sign up' to register with PAN if you haven't already.

Step 3: Enter your password, username, and captcha code.

Step 4: Once logged in, check the status of your IPO allocation on the next page.

The Aadhar Housing Finance IPO listing date is scheduled for Wednesday, May 15

The Grey Market Premium (GMP) for Aadhar Housing Finance IPO stands at an impressive +54, according to investorgain.com. This indicates a premium of Rs 54 on the share price in the grey market.

Taking into consideration the upper end of the IPO pricing range and the current premium in the grey market, analysts project that Aadhar Housing Finance shares will debut at a price of Rs 369 per share. This represents a substantial increase of 17.14% over the IPO price of Rs 315.

The 'grey market premium' serves as an indicator of investor sentiment and reflects the demand for shares in the secondary market.

As the allotment process wraps up, investors can utilize these methods to track their Aadhar Housing Finance IPO status effortlessly. Stay tuned for updates as the listing date draws near.