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Aadhar Housing IPO price brand at Rs 300-315

MUMBAI: Aadhar Housing Finance on Thursday fixed the price band for its Rs 3,000 crore initial public offer (share) at Rs 300-315 per share, valuing the global private equity major Blackstone-owned affordable housing loan player at around Rs 13,400 crore. The issue consists of Rs 1,000 crore in fresh issue and Rs 2,000 crore or 20,000 million shares in offer for sale by the promoter group (BCP Topco VII), and opens on May 8, and closes on May 10, the company told reporters. Blackstone bought out Aadhar, originally promoted by the now bankrupt housing loan major HDFL, which went bankrupt and was since then picked by the Piramal group through an NCLT resolution) bought the a controlling 97.7% stake in June 2019 for about Rs 2,200 crore and since then infused Rs 1,300 crore. Pre-sale, it was fully owned by Wadhawan Global Capital and Dewan Housing Finance. Aadhar, which has business interests across 20 states and Union territories, proposes to utilize the proceeds from the fresh issue to meet future capital requirements towards onward lending and for general corporate purposes. The equity infusion will increase its capital adequacy by nearly 10%, Rishi Anand, the managing director and chief executive said here. Amit Dixit, the head of private equity for Blackstone Asia, said, the listing is a significant milestone for Aadhar as this comes after scaling its network, bringing in the best global practice. Though present in all states barring northeast and J&K, the company nets about all its business from Maharashtra, UP, Andhra, Telangana, Rajasthan and Gujarat, to the tune of 13-14% each Anand told The New Indian Express here and that expansion this fiscal will also be in these states. In the first nine months of the last fiscal, the companys AUM grew 21%, while disbursement clipped at a higher 24% and profit jumped 35%, Rajesh Vishwanathan, the chief financial officer told this news paper. SK Finance gets Sebi nod for Rs 2,200 crore IPO MUMBAI: Vehicle financier SK Finance on Thursday said it has received the Sebi approval for its Rs 2,200-crore initial public offer. The Jaipur-headquartered non-deposit taking non-banking finance company was established in 1994 and is also into funding small businesses. According to the draft red herring prospectus filed with the markets regulator Sebi, through the initial public offering it plans to raise up to Rs 2,200 crore. The issue comprises fresh issue of equity worth Rs 500 crore and an offer for sale by the promoters for up to Rs 1,700 crore.

The New Indian Express 3 May 2024 9:19 am

Joint action panel under natl plan to curb rabies deaths

The Times of India 3 May 2024 5:31 am

JDA removes 125 shops at Sodala road

The Times of India 3 May 2024 5:23 am

Bizongo expands biz in Rajasthan

The Times of India 3 May 2024 5:21 am

Three held with opium, cash in Jaisalmer dist

The Times of India 3 May 2024 5:16 am

City resembles garbage bin as waste lies in open

The Times of India 3 May 2024 5:00 am

Jodhpur IG reaches Balotra to probe murder bid on man

The Times of India 3 May 2024 4:57 am

Goa weddings to be promoted at Jaipur event

The Times of India 3 May 2024 4:54 am

Ayurveda institute holds pulse diagnosis workshop

The Times of India 3 May 2024 4:50 am

Gold seized from flyer at city airport

The Times of India 3 May 2024 4:49 am

Probe begins into mustard sale by crop mafia in Tonk

The Times of India 3 May 2024 4:39 am

Kota mans death: Murder case lodged

The Times of India 3 May 2024 4:36 am

Over 1 lakh RCs, 93k DLs issued online in a month

The Times of India 3 May 2024 4:28 am

GITB in Rajasthan from May 5-7 to highlight Wed in India theme

The Great Indian Travel Bazaar (GITB) 2024, scheduled to be held in Jaipur from May 5 to 7 will feature the Wed in India theme. It is noteworthy that Rajasthan is the most popular destination for destination weddings in the country and around the world. During the GITB, panel discussions will be organised with international...

travelbizmonitor 2 May 2024 5:00 pm

Repolling underway in Rajasthan's Ajmer after misplaced voters' register

JAIPUR: Repolling necessitated by a misplaced voters' register at a booth in Ajmer Lok Sabha constituency began at 7 am on Thursday. The Election Commission of India had declared polling held at this booth in the second phase on April 26 void after 17-A register (of voters) got misplaced by the presiding officer and announced repolling. Elaborate security and other arrangements have been made for the repolling. Voting at the polling booth in Nandsi in Ajmer parliamentary constituency began at 7 am which will continue till 5 pm, spokesperson of the election department said here. A total of 753 voters will exercise their franchise in the repolling. Webcasting of this polling booth is also being done. Rajasthan has a total of 25 Lok Sabha seats, out of which 12 went to polls in the first phase on April 19 and 13 in the second phase on April 26.

The New Indian Express 2 May 2024 9:59 am

Sriganganagar launches online irrigation system

The Times of India 2 May 2024 5:02 am

City airport gets ACIs Level 2 accreditation

The Times of India 2 May 2024 4:59 am

JMC-G removes encroachments

The Times of India 2 May 2024 4:57 am

Mystery shrouds attack on man in Balotra, probe on

The Times of India 2 May 2024 4:51 am

Govt forms 27 teams to combat illegal sand mining

The Times of India 2 May 2024 4:50 am

HC summons lower courts records in SI paper leak case

The Times of India 2 May 2024 4:50 am

To rob gold chain, goons slit throat of hotelier in Tonk

The Times of India 2 May 2024 4:47 am

Bairwa: Student suicides a serious matter

The Times of India 2 May 2024 4:42 am

City court judge elected working chief of natl body

The Times of India 2 May 2024 4:41 am

Nearly 50% of posts in Raj govt colleges vacant

The Times of India 2 May 2024 4:36 am

Union rural devpt secy to visit Raj for two days

The Times of India 2 May 2024 4:36 am

75-year-old burnt alive at marriage garden in Bundi

The Times of India 2 May 2024 4:32 am

Travel tips: If you are going to visit Odisha, definitely explore these 8 offbeat destinations.

People who are fond of traveling like to visit a new destination every time. It is being seen that at this time people prefer to visit the religious place Jagannath Puri, which is located in Odisha. Whenever people plan to visit Jagannath, they also like to explore the famous places around there. On the other hand, if we talk about exploring offbeat places, then the excitement of traveling becomes double, because these offbeat destinations are quiet and beautiful, away from the hustle and bustle of cities. In such a situation, today we have brought for you information about some offbeat destinations of Odisha, where visiting will make your journey exciting. Let us know about these places... Jaipur If you like natural beauty then you should visit Jaipur. Here you get to see big rocks, beautiful waterfalls, and lush green valleys from far and wide and their memories remain in your mind for a long time. In Jaipur, you can visit Gupteshwar Caves, Sunabeda, Duduma Falls, Jagannath Sagar, Hatipathar, and Kolab Falls. Nearby is Devamali Peak, which is the highest peak of Odisha. Raghurajpur This small village of Odisha is an open museum of arts and handicrafts. Where every person in the village is associated with this artistic craft and handicraft. The artists here create magic on artisanal cloth, paper, and palm leaves with their skilled hands. Besides, the people here are also experts in various varieties of handicrafts like leaf carving, and stone carving. Every person in the village has inherited this art from his ancestors. Coming here you can see the murals painted on the outer walls of every house. Barbil Barbil is a small beautiful destination on the banks of Karo River in Kendujhar. Although not many people know about it, the dense forests here and the natural beauty away from the noise of the city fascinate you. Here you can visit Hawa Mahal, Gonasika, Thakurani Hills, Murga Mahadev Waterfalls, Uliburu Reserve Forest, Hanuman Temple Shiva Temple, etc. Rourkela Rourkela City is located in the Sundergarh district of Odisha. Rourkela city is famous all over India as the steel city. SAIL has its steel plant in this city, hence this city is called Steel City. A special thing about this city is that it is called Mini India because if seen in the whole of Odisha, Rourkela is a city where people from all over India live. Rourkela City is the second smart city in Odisha after Bhubaneswar. Rourkela City industrial area Despite this, the environment here is very good and it is a very beautiful place to visit. Savor local Oriya delicacies like Chungri Malai, Dahi Matka, and Bhindi Bhun during your visit to Rourkela. In these, you will get a combination of South-Indian and Bengali flavors. Paradeep Paradeep of Odisha is famous for its seaports. You can see big ships in Paradip, situated at the confluence of the Bay of Bengal and the Mahanadi. Here you can visit places like Gahirmatha Sanctuary, Beach, Lighthouse, and Jhankar along with Paradip Port. Berhampur Brahmapur or Berhampur as it is called, is the largest city and gateway to southern Odisha. Brahmapur is a city located on the east coast of the eastern Indian state of Odisha. It is the third largest city in Odisha with a population of 350,000. It is a business center. Brahmapur is also known as Silk City because of its famous silk band sarees. The city is known for its love of theater and cinema. Truly Ganjam Arts Council and Prakasam Hall is one of the oldest theater halls in the country. Shri Sitaram Shishiyan Talkies is the oldest cinema hall in Odisha which was established in 1927. Sambalpur This area is also not very famous. Here you get to see natural beauty and many historical places and visiting them is a unique experience for you. Here you can enjoy visiting places like Hirakud Dam, Cattle Island, Pichalima, Huma, Samleshwari Temple, Vikramkhol, Hatibadi, and Ushakothi Wildlife Sanctuary. Gopalpur Gopalpur is a coastal town situated on the southern borderline of Orissa. This place is situated near the Bay of Bengal. Earlier Gopalpur was known as a small fishing village but after the British came to power the fortunes of this village changed. This port was used as an important trading center by the Easton India Company. The city is located close to Andhra Pradesh and that is why it offers many important benefits. Several religious places are also located here, including Mata Tara Tarini Hill Tirtha, Bala Kumari Temple, and Sri Sri Siddhi Vinayak Peeth. You can visit Sonpur Beach, Aryapali Beach, and Gopalpur Beach here. (PC: LIifeberrys)

Kalam Times 1 May 2024 7:56 pm

Travel tips If you want to spend some time with your spouse before marriage, then you can go to these places.

If your marriage is fixed then get to know your life partner before tying the knot with them. You can spend the days between engagement or marriage in understanding your partner. After the marriage is fixed, you can talk to your partner on a phone call, and know their likes and dislikes. Spend time with them to understand their lifestyle and behavior. If there is some time left for marriage, then you can plan to travel somewhere with your partner. You will be able to understand your fianc on this trip. Plan a trip with both of your friends, family, or siblings. If you want to go on a trip with your partner, then you are being given many options to travel here. Visit these places with your fiance before marriage. If you are traveling with your fianc before marriage, then plan a road trip. This type of trip is more enthusiastic and romantic. Before marriage, you can go to these places on a road trip with your partner. Mumbai to Pune journey If you are a resident of Mumbai then plan a road trip to Pune with your fiance. You can enjoy beautiful views through the mountains and greenery. The view here looks very attractive during monsoon. The journey from Mumbai to Pune is approximately 200 kilometers. You can spend very special time with your partner during the journey. Delhi to Rishikesh There are a few months left for the wedding, so take a weekend trip to Rishikesh with your partner. You can travel from Delhi to Rishikesh by bus, train, or your car. Before marriage, make your partner feel comfortable with yourself, and to make him/her a good friend, you can enjoy river rafting, and trekking in Rishikesh. You can also spend relaxing time on the banks of the Ganga in the evening. Jaipur You can visit the beautiful city of Rajasthan, Jaipur with your fiance. You can also do your wedding shopping from here. Along with traveling, you will also be able to prepare for your wedding. You can buy a beautiful wedding lehenga and dupatta for the wedding. Delhi Before marriage, you can go to Delhi with your fiance for sightseeing and wedding shopping. You will find many beautiful places to visit in Delhi. One can visit India Gate, Red Fort, Akshardham Temple, Hauz Khas Villa, and many beautiful parks. If you want, you can get a pre-wedding photoshoot done in these parks of Delhi. Here, by getting a photoshoot done with your partner before marriage, you will be able to make each other's company memorable. (PC: Pixabay, social media)

Kalam Times 1 May 2024 7:51 pm

Vice President Jagdeep Dhankhar Advocates Education as Society's Greatest Gift

Vice President Jagdeep Dhankhar recently underscored the pivotal role of education in societal progress during an address in Jaipur. He emphasized the need for children to have the freedom to pursue their interests and talents, rather than conforming to predefined career paths. Dhankhar highlighted education as the paramount wealth, aligning with its significance in the Constitution. Reflecting on his formative years at Sainik School, Chittorgarh, he credited education as his true birthplace. Dhankhar also touched upon India's economic evolution, noting its ascent to the world's fifth-largest economy since 1991. His remarks were made at the inauguration of The Kulish School, dedicated to the memory of Karpoor Chand Kulish, the esteemed founder of Rajasthan Patrika.

The Times of India 1 May 2024 4:37 pm

IMD Rainfall Alert: Meteorological Department issued rain alert for 3 consecutive days, know the weather condition

IMD Rainfall Alert: The weather will take a turn again in Rajasthan from May 4. The Meteorological Department has issued an alert for rain for 3 consecutive days. According to Meteorological Center Jaipur, there is a possibility of a new weather system becoming active. IMD Rainfall Alert: The weather will take a turn again in [] The post IMD Rainfall Alert: Meteorological Department issued rain alert for 3 consecutive days, know the weather condition first appeared on informalnewz .

informalnewz 1 May 2024 2:12 pm

NEET aspirant from Haryana hangs self in Kota, kin suspect murder

A 20-year-old NEET aspirant from Rohatak was found dead in his Kota hostel room. The police suspect suicide due to study stress. His parents suspect murder due to a deep neck wound.

The Times of India 1 May 2024 12:18 pm

Miscreants snatch chain from woman

The Times of India 1 May 2024 5:39 am

Doctor at pvt hospital found dead in Jawahar Nagar house

The Times of India 1 May 2024 5:34 am

Jaipur emerges as hub for kidney transplant

The Times of India 1 May 2024 5:34 am

Uncle kills nephew in Jhalawar, detained

The Times of India 1 May 2024 5:15 am

JJM scam: ED files chargesheet against prime accuseds son

The Times of India 1 May 2024 5:11 am

14-yr-old house help raped by 58-yr-old employer in city

The Times of India 1 May 2024 5:10 am

Education is greatest gift to society: Vice President Jagdeep Dhankhar

JAIPUR, Apr 30 : Vice President Jagdeep Dhankhar on Tuesday said that education is the greatest gift for the society and the most effective medium to bring about a change. He emphasised that all children should get opportunities to explore their talents as per their interests. I have been saying this for a long time. As soon as a child is born, people decide that he will become a doctor, an engineer, and so on. No one pays attention to [] The post Education is greatest gift to society: Vice President Jagdeep Dhankhar appeared first on Daily Excelsior .

Daily Excelsior 1 May 2024 5:05 am

ABVP wants more students for PhD interview, protests

The Times of India 1 May 2024 4:56 am

Schools wait for renovation while fearing monsoon rain

The Times of India 1 May 2024 4:56 am

JDAs notice to 250 more encroachers

The Times of India 1 May 2024 4:46 am

Students in dark over Vivekanand scholarship

The Times of India 1 May 2024 4:42 am

Burglars steal 2,700kg iron

The Times of India 1 May 2024 4:39 am

Dalit woman raped by neighbour in Kota

The Times of India 1 May 2024 4:39 am

TRAVEL TIPS: There is a gathering of foreign tourists throughout the year at these 8 famous tourist places of India.

India is known for its unique culture, history, lifestyle, food, and many other things due to which foreign tourists are attracted to the country and enjoy traveling here. There are some places in the country where there is a gathering of foreign tourists throughout the year. Today in this episode we are going to give you information about some such places. Some of these places are also included in UNESCO's World Heritage Sites. The views and historical stories of these places attract foreigners a lot. So let's know about these places... Mysore Palace, Karnataka The three-storey palace of Mysore Palace was completely rebuilt after a devastating fire in 1897. There are square towers and domes inside the palace. There is also a marriage hall in the court. Mehrangarh Fort, Jodhpur Mehrangarh Fort, built in the 15th century, is the largest fortification in India. This building was designed keeping in mind the safety of the people of Jodhpur. The fort also houses a museum that houses a collection of artifacts belonging to the Maharajas. Gateway of India, Mumbai A beautiful view of the Arabian Sea is visible from the 26-meter-high Gateway of India built in Mayanagari Mumbai. It is counted among the most special tourist places in Mumbai. Yellow basalt and concrete have been used to build the Gateway of India, famous for its Indo-Saracenic design. Ellora Caves, Aurangabad This UNESCO World Heritage Site was built by sages and saints of Buddhism, Jainism, and Hinduism in the fifth and sixth centuries. It consists of carved monasteries, shrines, and temples, of which 12 are of Buddhism, 17 are of Hinduism and 5 are of Jainism. Taj Mahal The Taj Mahal located in Agra is included among the seven wonders of the world. It is a beautiful example of Islamic design which includes many elements including arches, minarets, and domes. The Taj Mahal built on the banks of river Yamuna is made of white marble. Red Fort Shahjah built the Red Fort in 1648. Red sandstone has been used to build the Red Fort. This historical monument is spread over an area of approximately two kilometers. Its two main gates are 'Lahore Gate' and 'Delhi Gate'. Qutub Minar, New Delhi Qutub Minar built in the capital Delhi is also a UNESCO World Heritage Site. This 73-meter-high tower was built by Qutb-ud-din-Aibak after the defeat of the last Hindu kingdom of Delhi in 1193. Qutub Minar has five different floors. Amer Fort, Jaipur Amer Fort was built in 1592. Jaleb Chowk, The Shila Devi Temple tells the specialty of this fort. Along with this, there is also a hall for the people, which is called Diwan-e-Aam. (PC: Lifeberrys)

Kalam Times 30 Apr 2024 8:05 pm

Travel tips: IRCTC has brought tour packages to travel to South India, you are getting a chance to visit these places

If you are planning to visit some good place during summer season. In such a situation, IRCTC has brought a very wonderful tour package for you. Under this package, you are getting a chance to visit the famous places of South India. South India has a special importance in Indian cultural history. There are many world famous temples in South India, where every year a large number of devotees come to visit. Apart from this, the dance, art, music and food here are also discussed a lot all over the world. In such a situation, you should not miss this tour package to visit South India. You are also getting many great facilities in this tour package of IRCTC. Let us know about it in detail in this episode - The name of this tour package of IRCTC is DAKSHIN BHARAT YATRA. Under this tour package, you will be made to travel for a total of 11 nights and 12 days. This tour package is starting on May 3, 2024. Under this package you can start your journey from Ajmer / Bhilwara / Chittorgarh / Jaipur / Udaipur. Under this tour package you will be taken to Kanyakumari / Madurai / Mallikarjun / Rameshwaram / Tirupati / Trivandrum. This is a train tour package of IRCTC. Under this tour package, hotel arrangements will be made for your food and stay. Under this tour package of IRCTC, if you travel in comfort class with two or three people. In this case, the fare per person is Rs 35,860. Whereas if you are traveling in standard class with two or three people. In such a situation, the fare per person is Rs 30,550. (PC: Istock)

Kalam Times 30 Apr 2024 7:57 pm

'Sorry papa': Another NEET aspirant commits suicide in Kota

The Times of India 30 Apr 2024 6:19 pm

Temple Priests Under Attack in DMK's Tamil Nadu?! - The Jaipur Dialogues

Temple Priests Under Attack in DMK's Tamil Nadu?! The Jaipur Dialogues

Google News 30 Apr 2024 5:33 pm

After Mumbai, Bhopal, Goa, Nagpur, Kolkata and Jaipur airports, Delhi's Chacha Nehru Hospital receives bomb threat via email

Delhi's Chacha Nehru Hospital in Shahdara faced a bomb threat via email, following incidents in Bhopal, Goa, Nagpur, Kolkata, and Jaipur. Prompt action was taken, involving security teams and law enforcement. Despite evacuations and searches, no suspicious items were found. Similar threats occurred across the country, including at airports. Heightened security measures were implemented.

The Economic Times 30 Apr 2024 2:23 pm

NEET aspirant from Rohtak dies by suicide in Kota; murder suspected

Sumit Panchal's suspicious death in Kota hostel prompts family to seek SIT probe. No suicide note found. Medical board conducts autopsy. Investigation ongoing into the unnatural death.

The Times of India 30 Apr 2024 8:57 am

Student beaten up outside city school

The Times of India 30 Apr 2024 5:21 am

Jaipur airport receives second bomb threat in three days

The Times of India 30 Apr 2024 5:09 am

Cong fields its Raj in-charge as candidate of Gurdaspur

The Times of India 30 Apr 2024 5:09 am

Candidates teams maintain vigil on EVM strongrooms

The Times of India 30 Apr 2024 4:53 am

Students to play role in Swachh Bharat

The Times of India 30 Apr 2024 4:51 am

Sanitation worker in Kota arrested for bribe

The Times of India 30 Apr 2024 4:49 am

Shekhawat wins as Jaipur Open Super League golf ends

The Times of India 30 Apr 2024 4:42 am

Govt to extend IG Canal project deadline

The Times of India 30 Apr 2024 4:42 am

Consumer court fines NWR for theft on train

The Times of India 30 Apr 2024 4:41 am

Union govts guidelines for coaching institutes flouted

The Times of India 30 Apr 2024 4:32 am

Organ transplant: Big fish not in net

The Times of India 30 Apr 2024 4:31 am

App ready, but govt not interested

The Times of India 30 Apr 2024 4:19 am

Rajasthan: Transgender thrashed, raped in Neem ka Thana district

Jaipur: A 35-year-old transgender person has been allegedly thrashed and raped in Rajasthans Neem ka Thana district, police said on Monday. The victim was found along a road in an area under the Srimadhopur police station, they said. Police said that a search has been launched to find the two people accused in connection with Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .

The Siasat Daily 29 Apr 2024 11:44 pm