Aadhar Housing raises Rs 898 crore from 61 anchors

Mumbai: Aadhar Housing Finance raised ₹898 crore from 61 investors ahead of its IPO on Tuesday. The company offered 2.85 crore shares at ₹315 each. HDFC Mutual Fund, SBI Life Insurance, ICICI Prudential Banking and Financial Funds and Invesco India Contra Fund were among the anchor investors.

The IPO comprises a fresh issue of ₹1,000 crore and an offer for sale of ₹2,000 crore. The issue will open for subscription on May 8 and close on May 10.