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Aadhar Housing Finance IPO Day 2: GMP, subscription status, review. Should you subscribe to the issue?

The Aadhar Housing Finance IPO had a slow and steady start on the first day, with only the employee portion being fully booked. Aadhar Housing Finance IPO subscription status was 44% on day 1. The category for retail investors got booked at 41%, while the portion for non-institutional investors received a 60% subscription. The quota for qualified institutional buyers (QIBs) was booked at 33%.

The subscription period for the Aadhar Housing Finance IPO began on Wednesday, May 8, and will finish on Friday, May 10. The Blackstone-backed company’s initial public offering price bandis set at ₹300 to ₹315 per share. Tuesday, May 7, saw the Aadhar Housing Finance IPO raise Rs. 898 crore from anchor…

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