Aadhar Housing Finance Ltd NCD (Aadhar Housing Finance NCD) Detail

September 14, 2018 - September 28, 2018

Incorporated in 1990, Aadhar Housing Finance Limited is India based housing finance company focused on the low-income individuals. Company endeavors to empower underserved millions to own their first homes.

Formerly known as DHFL Vysya Housing Finance Ltd, Aadhar Housing Finance served more than 100,000 customers.

Aadhar Housing Finance has a pan-India presence with over 270 branches across 19 states. The company has a reach of over 90% of the country's population through its network of branches. The company mainly caters to customers whose monthly income is between Rs 5000 to Rs 50,000.

The products offered by the company include:
1. Home Loan for Salaried Employees
2. Home Loan for Self Employed
3. Loan for Plot Purchase or/and Construction
4. Home Improvement Loan
5. Home Extension Loan
6. Loan against Residential/Commercial Property
7. Balance Transfer and Top-up
8. Loan for Purchase/Construction of Non-residential Property
9. Fixed Deposits

Aadhar Housing Finance NCD Detail

Issue Open	September 14, 2018 - September 28, 2018
Security Name	Aadhar Housing Finance Ltd
Security Type
Issue Size (Base)	Rs 3,000.00 Crores
Issue Size (Shelf)	Rs [.] Crores
Issue Price
Face Value	Rs 1000 each NCD
Minimum Lot size	1 NCD
Market Lot	1 NCD
Listing At	BSE
Credit Rating
Tenor
Series
Payment Frequency
Basis of Allotment	First Come First Serve Basis

Company Promoters

The Promoter of the company is Wadhawan Global Capital Limited ("WGCL"). It is a 'systemically important non-deposit taking core investment company'. WGCL holds 17,597,715 Equity Shares aggregating up to 69.98% of the paid-up capital of the company.

Objects of the Issue

The objects of the issue are-

1. For the purpose of onward lending, financing, and for repayment/ prepayment of interest and principal of
existing borrowings;
2. General corporate purposes.

Ratings

This issue is rated 'CARE AA+ (SO) by CARE and 'BWR AA+ (SO) by BWR. The ratings of the NCDs indicate the highest degree of safety regarding timely servicing of financial obligations.

Offerings

The company offers coupon rates ranging from 9.25% - 9.75% depending on the tenures and the mode of interest payments is monthly or annual as per investors choice.

DRHP

Aadhar Housing Finance NCD Prospectus

Aadhar Housing Finance NCD Rating

3.4

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Company Contact Information

Aadhar Housing Finance Ltd
201, Raheja Point -1
Near Shamrao Vithal Bank, Nehru Road
Vakola, Santacruz (E), Mumbai - 400 055

Phone: +91 80 2221 7637
Email: complianceofficer@aadharhousing.com
Website: http://www.aadharhousing.com/

Aadhar Housing Finance NCD Registrar

Kfin Technologies Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

Aadhar Housing Finance NCD Lead Manager(s)

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3 Comments

3. Lakshminarayanan Ramalingam Link|September 26, 2018 6:10:28 AM

Where can we see the subscription and allotment of this NCD issue?

3.1. Navkant Link|September 28, 2018 7:27:25 PM

BSE "Public Issues" gives you live demand. Baki, wait for the Registrar's mail on allotment but most times they cut the issue short once it receives 2X subscription and FCFS on allotment.

2. Navkant Link|September 24, 2018 9:20:06 PM

Anyone knows why this was cut short with only half subscription?

1. ASHISH PATEL Link|September 21, 2018 6:48:04 PM

anybody has idea how to stop allotment of ncds if our cheques are cleared from bank but allotment is not finalised

1.1. Navkant Link|September 24, 2018 7:50:29 PM

Write to the Registrar. Worst case, you can sell them in a couple of days once they show up in your Demat.