Adar Housing Finance IPO: The listing date for the Initial Public Offering (IPO) of Aadhar Housing Finance Limited has been fixed as May 15, 2024 i.e. today. According to the information available on the BSE website, with effect from Wednesday, May 15, 2024, the shares of Aadhar Housing Finance Limited will be listed in the 'B' group stock list and will be admitted for trading on the BSE and NSE. Ahead of Aadar Housing Finance's IPO listing, gray market (where IPO shares are traded before they are officially listed) and stock market experts hint at a definite listing of Aadar Housing Finance shares. are doing. According to stock market observers, Aadar Housing Finance's IPO GMP (gray market premium) today is INRThis means that the gray market expects a listing return of approximately 17% for the allottees.
According to stock market experts, Aadar Housing Finance's IPO has received strong response from investors, indicating that market sentiment is positive. The mood in the secondary market also improved after the trend reversal on Tuesday. Market experts expect a significant listing profit for the allottee, which is the difference between the IPO issue price and the opening price of the stock on the first day of trading, as Aadhaar Housing Finance's stock listing becomes the first in India's securities market. He said it would be published on the exchange. INRfrom 365 INRRange of 380 yen per share.
Also read: TBO Tek IPO listing date is today. GMP, experts suggest listing gains of up to 50%
Aadhar Housing Finance IPO Listing Price Prediction
Commenting on the IPO listing of Aadar Housing Finance, Shreyanshu Shah, a reputed research analyst at Stockbox, said, “Given the healthy oversubscription of about 26.7x to Aadar Housing Finance IPO, “When this stock first appears on the stock exchange, we expect it to be listed on a fairly large scale.” We expect it to be listed around Wednesday. INR365 per share compared to the issue price of INRThat's an increase of $315 per share, or about 16%. ”
Commenting on Aadar Housing Finance's IPO listing price range, Amit Goel, Co-Founder and Chief Global Strategist, Pace360, said:We plan to list the company around INRFrom 370 INREach share will be 380 shares, and the listing profit will be approximately 18%. ”
Prashant Tapse, senior vice president of research at Mehta Equities, predicts that listing gains for allottees could be up to 15%, adding, “Despite intense competition in the low-income housing sector, However, Aadhaar Housing Finance achieved a certain level of subscription demand mainly due to support.'' This segment is expected to be the fastest growing in the housing finance industry, and given a reasonable valuation, we would expect to see a listing return of around 10-15% on the issue price. INR315 yen per share. This presents an exciting investment opportunity for potential allocators. ”
Aadhar Housing Finance IPO Today's GMP
According to stock market observers, Aadar Housing Finance's IPOGMP today is INRThis means the gray market expects the listing price to be around 55. INR370 ( INR315+ INR55). Therefore, the gray market is expecting a 17% listing return for the lucky allottees of Aadar Housing Finance IPO.
Disclaimer: The views and recommendations expressed above are those of individual analysts or brokerages and not of Mint. We recommend checking with a certified professional before making any investment decisions.
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