Blackstone-backed Aadhar Housing files Rs 5,000 cr IPO papers with Sebi
Fri, Feb 2, 2024 4:23 PM

Blackstone-backed Aadhar Housing files Rs 5,000 cr IPO papers with Sebi

A Flip by Avya Verma
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Aadhar Housing Finance, backed by Blackstone, filed papers with Sebi for a Rs 5,000 crore IPO. The IPO will consist of a fresh issue of equity shares and an offer-for-sale by Blackstone. The company plans to use the proceeds for lending and general corporate purposes. Aadhar offers a range of mortgage loans for residential and commercial properties, with a focus on low-income customers.

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