Aadhar Housing Finance Raises Rs. 9 Bn from Anchor Investors

10 May 2024 CW Team

Aadhar Housing Finance Limited has successfully raised nearly Rs. 9 billion from anchor investors ahead of its initial public offering (IPO). This significant investment underscores investor confidence in the company's growth prospects and reinforces its position in the housing finance sector.

The funds raised from anchor investors will provide Aadhar Housing Finance with the necessary capital to support its expansion plans and further strengthen its presence in the affordable housing segment. The company aims to leverage these funds to enhance its loan portfolio and offer innovative financial solutions to homebuyers across India.

The strong response from anchor investors reflects the market's recognition of Aadhar Housing Finance's robust business model and strategic initiatives. With a focus on serving the underserved segments of the housing market, the company has carved a niche for itself and emerged as a key player in the affordable housing finance space.

Moreover, Aadhar Housing Finance's successful fundraising demonstrates the growing demand for affordable housing finance solutions in India. As the government continues to promote affordable housing initiatives and improve access to housing finance, companies like Aadhar Housing Finance are well-positioned to capitalise on this favourable market environment.

The funds raised from anchor investors will also enable Aadhar Housing Finance to expand its reach and serve a larger customer base, contributing to the government's vision of 'Housing for All' by 2022. Overall, the successful fundraising underscores Aadhar Housing Finance's commitment to driving inclusive growth and making homeownership accessible to all segments of society.

Infrastructure Transport

19 Dec 2025

Tripura Rail Survey Approved For Jirania–Bodhjung Link

The Ministry of Railways has approved a Final Location Survey (FLS) for a proposed new railway line between Jirania and Bodhjung Nagar in Tripura. The planned section will span 14 km and is estimated to cost around Rs 4.2 million, with the entire alignment located within West Tripura district. The approval marks a key step towards strengthening railway infrastructure and supporting industrial growth in the state. Bodhjung Nagar is Tripura’s principal industrial and commercial hub, developed mainly for resource-based industries such as rubber, bamboo and food processing. The proposed Jirania..

MCF Raebareli Rolls Out Its 15,000th Passenger Coach

The Modern Coach Factory (MCF) in Raebareli, Uttar Pradesh, has reached a major production milestone with the manufacture of its 15,000th passenger coach on December 15, the Ministry of Railways said. During the current financial year 2025–26, the unit has produced a total of 1,310 coaches so far. Established in 2007 at Lalganj in Raebareli, MCF is among India’s most advanced passenger coach manufacturing facilities. Built at a cost of around Rs 31.92 billion, the factory has an installed annual capacity of 1,000 coaches and is located about 3 km from Lalganj on the Kanpur–Raebareli Roa..

RVNL Wins Gandak River Rail Bridge Contract

Rail Vikas Nigam Limited (RVNL) has received a Letter of Award from North Eastern Railway for a major railway infrastructure project valued at Rs 1.65 billion. The contract relates to the construction of the substructure for a key railway bridge over the Gandak River. The bridge will be constructed between Paniyahwa and Valmikinagar stations as part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section. Designed to enhance capacity and operational efficiency, the structure will comprise 14 spans of 61 metres each and will be supported by double D-type well foundations. The des..