Aptus Value Housing Finance India IPO. Check Aptus Value Housing Finance India Ltd IPO Details, GMP Today, Gray Market Price, Listing Date, Allotment Status and Price Band, Lot Size From Here.
Aptus Value Housing Finance India Limited IPO will open from August 10 to August 12. It is a retail focused housing finance company. The size of the issue will be Rs 2780 crore.
The price band for the IPO is fixed at Rs 346-353. 500 crore fresh equity shares will be issued in this IPO. Whereas promoters will sell 6,45,90,695 equity shares through OFS.
Aptus Value Housing has filed documents with capital markets regulator SEBI to raise up to Rs 3,000 crore through Initial Public Offer (IPO).
In the IPO, new equity shares worth Rs 500 crore will be issued. With this, the promoters and existing shareholders will sell more than 6.40 crore shares.
Aptus Value Housing Finance India IPO Details
| Opening Date Of IPO | 10 August 2021 |
| IPO Closing Date | 12 August 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | 2 per equity share |
| IPO Price | Rs. 346 to Rs. 353 per equity share |
| Market Lot | 42 Shares |
| Minimum Order Quantity | 42 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of 2 (aggregating up to 2,780.05 Cr) |
| Fresh Issue | [.] Eq Shares of Rs. 2 (aggregating up to 500.00 Cr) |
| Offer for Sale | 64,590,695 Eq Shares of Rs. 2 (aggregating up To 2,280.05 Cr) |
Aptus Value Housing Finance IPO Listing Date
| IPO Open Date | Aug 10, 2021 |
| IPO Close Date | Aug 12, 2021 |
| Basis of Allotment Date | Aug 18, 2021 |
| Initiation of Refunds | Aug 20, 2021 |
| Credit of Shares to Demat Account | Aug 23, 2021 |
| IPO Listing Date | Aug 24, 2021 |
Aptus Value Housing Finance IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 42 | 14,826 |
| Maximum | 13 | 546 | 192,738 |
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Aptus Value Housing Finance IPO Promoter Holding
| Pre Issue Share Holding | 74.87% |
| Post Issue Share Holding | 72.23% |
Funds from the IPO will be used to strengthen the company’s capital base and meet its growth requirements in the times to come.
Aptus Value Housing has investments from companies such as Westbridge, Malabar Investments, Sequoia Capital and Steadview Capital.
The company was incorporated in 2010 and its non-performing assets (NPAs) have been very low since inception, indicating good asset quality of the company.
The company’s total assets under management stood at Rs 3,791 crore at the end of December last year. Of these, more than 72 per cent were loans to self-employed customers.
Aptus Value Housing has 181 branches in Tamil Nadu, Puducherry, Andhra Pradesh, Karnataka and Telangana. It has 56,430 active loan accounts.
After expanding its business to major cities in Tamil Nadu and South India, the company now plans to expand its network to Maharashtra, Odisha and Chhattisgarh.
The company has appointed ICICI Securities, Citigroup Global Markets, Edelweiss Financial Services and Kotak Mahindra Capital as investment bankers for the IPO.
How to Apply For Aptus Value Housing Finance India IPO
Select the IPO you want to apply for from the list of open issues. Enter your correct UPI ID and select the investor type. The quantity should be a multiple of the lot size.
If you wish to apply at the cut-off price, simply click on the checkbox next to ‘Cut-off price’. You will receive an SMS from the NPCI confirming your bid and requesting you to accept the mandate on your UPI app.
How to check Aptus Value Housing Finance India Ltd IPO Allotment status
Nuvoco Vista Corporation allotment status will be available on or around 17 August 2021. The allotted shares will be credited to the demat account by 20 August 2021.
We will provide you with the link to check the allocation’s status as soon as the registrar makes it live. This may happen after the IPO is closed (after 11 August 2021).