Aadhar Housing Finance refiles draft papers for Rs 5,000 crore IPO
Fri, Feb 2, 2024 3:15 PM

Aadhar Housing Finance refiles draft papers for Rs 5,000 crore IPO

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Aadhar Housing Finance, backed by Blackstone, has refiled its IPO documents to raise up to Rs 5,000 crore. The proposed IPO will have a mix of fresh shares and stake sale by Blackstone. The funds raised will be used for future lending and general corporate purposes. The company had previously filed for an IPO in 2021 but the approval lapsed after a year, requiring them to file afresh.

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