Aimed at the trinity of fiscal prudence, investment, and growth momentum, the Union Budget saw the introduction of employment incentives and a simplified income tax regime, which should boost consumption. Investors were, however, caught off guard due to the increase in LTCG and STCG tax rates, leading to a knee-jerk reaction on D-Street. “While the … Read more
Rishi Anand, MD & CEO, Aadhar Housing Finance, says the timing of the election, as their bankers have suggested, does not matter too much. So, they have gone ahead with the listing. In the entire context of getting Sebi approval for IPO in 2022 and not going ahead with it and then coming back with … Read more
After a healthy response to the IPO, the shares of Aadhar Housing Finance listed on the exchanges today at Rs 314.3, a marginal discount of 0.22%, on BSE. Ahead of the listing, the company’s traded with a premium of Rs 50 in the unlisted market The company boasts of highest assets under management (AUM) within … Read more
Blackstone-owned Indian home loans provider Aadhar Housing Finance is targeting a $600 million-650 million initial public offering (IPO) at a valuation of up to $3 billion, two people with direct knowledge said on Tuesday. Private equity group Blackstone acquired Aadhar for about $300 million in 2019 as it bet on growing demand for affordable housing … Read more