Equity Analyst, LightStream Research

Oshadhi Kumarasiri

An equity research analyst with over 7 years of experience in multiple sectors. Previously worked for one of the world's largest asset managers with about USD2.5trn in AUM, covering small and micro-cap companies in the consumer sphere across Europe and developed Asia. Also experienced in covering multiple industries including banking, insurance and asset management, retail, tech, telco and REIT.

Equity Analyst

Aadhar Housing Finance IPO | Takeaways from Branch Visits

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Capital Markets

Aadhar Housing Finance / Equity Capital Markets

<a href="https://www.smartkarma.com/entities/aadhar-housing-finance-ltd" target="_blank" data-smartkarma-citation="entities:32152:1" rel="noopener">Aadhar Housing Finance Ltd (1218027D IN)</a>, India’s largest affordable housing finance company with a loan book of INR 121.6bn (including off-balance sheet loans) has filled a prospectus with the SEBI for an initial public offering of up to INR 73.0bn ($1.0bn).The offer comprises of new shares worth up to INR 15.0bn. The promoter, BCP Topco (currently owns 98.72% of Aadhar Housing’s share capital) which is an entity controlled by the private equity firm Blackstone Group, will sell shares worth up to INR 58.0bn.Citigroup, Nomura, ICICI Securities, SBI Capital Markets, and KFin Technologies Private Limited act as lead underwriters to this IPO.

Aadhar Housing Finance Ltd (1218027D IN), India’s largest affordable housing finance company with a loan book of INR 121.6bn (including off-balance sheet loans) has filled a prospectus with the SEBI for an initial public offering of up to INR 73.0bn ($1.0bn).The offer comprises of new shares worth up to INR 15.0bn. The promoter, BCP Topco (currently owns 98.72% of Aadhar Housing’s share capital) which is an entity controlled by the private equity firm Blackstone Group, will sell shares worth up to INR 58.0bn.Citigroup, Nomura, ICICI Securities, SBI Capital Markets, and KFin Technologies Private Limited act as lead underwriters to this IPO.

Aadhar Housing Finance IPO: Robust Growth + High Yield at an Acceptable Risk