Indegene will launch its IPO on May 6, Aadhar Housing Finance and TBO Tek on May 8. All three companies will cumulatively raise just over Rs 6,000 crore through their issues.
Blackstone-backed Aadhar Housing Finance s IPO, priced at Rs 300-315/share, aims to raise Rs 3,000 crore. Subscription ends May 10. Valued at Rs 13,000 crore, the company serves low-income customers with average loan size of Rs 9 lakh.
Aadhar Housing Finance is looking to raise a total of Rs 3,000 crore via IPO route, which includes a fresh share sale of Rs 1,000 crore and an OFS of up to Rs 2,000 crore.
Aadhar Housing Finance IPO is a mix of fresh issue of shares worth Rs 1,000 crore and an offer-for-sale (OFS) of Rs 2,000 crore worth of shares by promoter BCP Topco.