Aadhar Housing Finance makes lackluster debut on the BSE
Aadhar Housing Finance has debuted at Rs 314.30 on the BSE, down by 0.70 points or 0.22% from its issue price of Rs 315.
The scrip is currently trading at Rs 314.40, down by 0.60 points or 0.19% from its issue price.
It has touched a high and low of Rs 329.80 and Rs 293.35 respectively. So far 16.85 lakh shares were traded on the counter.
The offering, which was open for subscription between May 8, 2024 and May 10, 2024 was subscribed 25.49 times. The issue price was fixed at Rs 315 per share i.e. at upper end of price band of Rs 300-315 apiece.
Aadhar Housing Finance is one of the largest low-income housing finance companies in India servicing the home financing needs of the low income sections of the society.