Aadhar Housing, backed by Blackstone, begins an IPO process worth Rs 5,000 crore with Sebi.
Aadhar Housing Finance files Rs 5,000-Crore IPO papers with Sebi. IPO includes fresh equity shares worth Rs 1,000 crore & Rs 4,000 crore offer-for-sale. Blackstone-backed BCP Topco holds 98.72% stake. Proceeds to address future lending needs & general corporate purposes. Offers mortgage products for residential and commercial properties. Extensive network of 471 branches and 91 … Read more