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Aavas Financiers Limited IPO
MainboardRs 14,778/- ) / 18 Shares
Aavas Financiers Limited IPO Details
The Aavas Financiers Limited IPO price band is set between Rs 818/- to Rs 821/- Rs per Equity Share, with a face value of Rs 10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 25 Sep, 2018 and closes on 27 Sep, 2018. Investors can check the allotment status on 4 Oct, 2018, while the listing date is tentatively scheduled for 8 Oct, 2018.
The total issue size is Total 2,11,21,437 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 1734.07 Cr# Fresh Issue of 18,72,078 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 400 Cr # Offer for Sale of 1,62, aggregating up to . Stay tuned for the latest Aavas Financiers Limited IPO review and GMP updates.
Aavas Financiers Limited IPO Review, Rating & Analysis
Aavas Financiers Limited IPO Review
NO REVIEWAavas Financiers Limited IPO Rating
Aavas Financiers Limited IPO Highlights
IPO Date
Sep 25, 2018 - Sep 27, 2018
Listing Date
8 Oct, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 818/- to Rs 821/- Rs per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE, BSE ( B - Group )
Aavas Financiers Limited IPO Lot Size
The minimum market lot for Aavas Financiers Limited IPO is 18 shares with an application amount of ₹14,778. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 18 | ₹14,778 |
| Retail (Max) | 13 | 234 | ₹1,92,114 |
| S-HNI (Min) | 14 | 252 | ₹2,06,892 |
| S-HNI (Max) | 67 | 1206 | ₹9,90,126 |
| B-HNI (Min) | 68 | 1224 | ₹10,04,904 |
Aavas Financiers Limited IPO Timeline
Issue Price
Rs 818/- to Rs 821/- Rs per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE, BSE ( B - Group )Registrar
Link Intime India Private LtdLead Manager
ICICI Securities Limited, Citigroup Global Markets India Private Limited, Edelweiss Financial Services Limited, Spark Capital Advisors (India) Private Limited, HDFC Bank LimitedIssue Size
Total 2,11,21,437 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 1734.07 Cr# Fresh Issue of 18,72,078 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 400 Cr # Offer for Sale of 1,62Promoters & Share Holding
Promoter(s) Name
- Lake District Holdings Limited
- Partners Group ESCL Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Aavas Financiers Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 42,24,293 | 31,68,220 | 73,92,514 | 1,47,85,027 |
Day 1 -25-09-18 | 4,87,188 0.12 x | 3042 0.00 | 1,68,138 0.03 x | 6,58,368 0.05 x |
Day 2 -26-09-18 | 34,31,448 0.81 x | 3,77,406 0.12 | 5,08,320 0.07 x | 43,17,174 0.29 x |
Day 3 -27-09-18 | 1,17,20,412 2.78 x | 8,24,868 0.26 | 18,36,288 0.25 x | 1,43,81,568 0.98 x |
Day 4 -21-03-18 | N/A x | N/A x |
Frequently Asked Questions about Aavas Financiers Limited IPO IPO
When will Aavas Financiers Limited IPO open for subscription?
The Aavas Financiers Limited IPO opens on 25 Sep, 2018 and closes on 27 Sep, 2018.
What is the investors portion for Aavas Financiers Limited IPO?
The investors' portion for QIB is 11720412 2.78 x, NII is 824868 0.26, and Retail is 1836288 0.25 x.
How to apply for Aavas Financiers Limited IPO?
You can apply for Aavas Financiers Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Aavas Financiers Limited IPO?
The issue size of Aavas Financiers Limited IPO is approx ₹Total 2,11,21,437 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 1734.07 Cr# Fresh Issue of 18,72,078 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 400 Cr # Offer for Sale of 1,62 crores.
What is the price band of Aavas Financiers Limited IPO?
The price band for Aavas Financiers Limited IPO is Rs 818/ to ₹ to Rs 821/.
What is the lot size of Aavas Financiers Limited IPO?
The minimum bid (lot size) for Aavas Financiers Limited IPO is 18 shares with an investment of approx Rs 14,778/- ) .
What is the allotment date of Aavas Financiers Limited IPO?
The allotment date for Aavas Financiers Limited IPO is 4 Oct, 2018.
What is the listing date of Aavas Financiers Limited IPO?
The listing date for Aavas Financiers Limited IPO is expected to be 8 Oct, 2018.
What is the GMP of Aavas Financiers Limited IPO?
The latest Grey Market Premium (GMP) for Aavas Financiers Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.