Aptus Value Housing Finance India Ltd IPO
Mainboard₹14,826 / 42 Shares
IPO Details
Aptus Value Housing Finance India Ltd IPO IPO is priced between ₹346-353 per equity share, with a face value of ₹2 per share. The company's equity shares will be listed on the Mainboard, and KFintech Private Limited is managing the issue as the registrar.
The IPO bidding period opened on 10 Aug, 2021, and closed on 12 Aug, 2021. The allotment results will be announced on 18 Aug, 2021, with a tentative listing date set for 24 Aug, 2021.
The total issue comprises Total Equity Shares 70,821,529 aggregating up to ₹2780/- Cr# Fresh Issue: 14,164,306 Equity Shares aggregating up to ₹500/- Cr# Offer for Sale: 64,590,695 Equity Shares aggregating up to ₹2280/- Cr, amounting to .
Aptus Value Housing Finance India Ltd IPO IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| Aug 10, 2021 - Aug 12, 2021 | 24 Aug, 2021 | ₹2 Per Equity Share | ₹346-353 per equity share | - | Shares | - | BSE, NSE |
Aptus Value Housing Finance India Ltd IPO IPO Timeline
Issue Price
₹346-353 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedMarket Lot
42 Shares (₹14,826/-)Lead Manager
Citigroup Global Markets India Private Limited, Edelweiss Financial Services Ltd, ICICI Securities Limited, Kotak Mahindra Capital Company LimitedIssue Size
Total Equity Shares 70,821,529 aggregating up to ₹2780/- Cr# Fresh Issue: 14,164,306 Equity Shares aggregating up to ₹500/- Cr# Offer for Sale: 64,590,695 Equity Shares aggregating up to ₹2280/- CrRetail Portion
35%Subscription
17.20 timesAptus Value Housing Finance India Ltd IPO IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 20 | 4097.59 | 473.39 | 191.39 | - | - | - |
| 31 Mar 20 | 3746.72 | 523.72 | 211.01 | - | - | - |
| 31 Mar 19 | 2327.57 | 337.11 | 111.55 | - | - | - |
| 31 Mar 18 | 1445.33 | 202.14 | 66.57 | - | - | - |
All values are in ₹ Cr.
About Company
Aptus Value Housing is a retail-focused housing finance company that primarily serves low and middle-income self-employed customers in the rural and semi-urban markets of India. As per the CRISIL report, it is one of the largest housing finance companies in South India in terms of AUM of 37,909.31 million as of December 31, 2020.
The company offers home loans to retail customers to purchase homes, construct residential property, house improvement and extension, loans against property, and business loans. It undertakes all types of lending activities such as sourcing, underwriting, valuation, and legal assessment of collateral, the credit assessment, and collection. As of December 31, 2020, the total home loans accounted for 51.76% of AUM. As of December 31, 2020, 99.42% of the AUM was from customers belong to the low and middle-income group with a monthly income of less than Rs. 50,000.
Aptus Value Housing Finance India Ltd IPO IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 157,51,000 | 118,13,250 | 275,64,250 | 551,28,500 |
| Day 1 - 10-08-21 05:00 PM | 0.25 x | 0.00 | 0.33 x | 0.24 x |
| Day 2 - 11-08-21 05:00 PM | 0.33 x | 0.06 | 0.53 x | 0.36 x |
| Day 3 - 12-08-21 05:00 PM | 32.41 x | 33.91 | 1.35 x | 17.20 x |
1.19 times
Aptus Value Housing Finance India Ltd IPO IPO - Issue Objectives
- To augment company's capital base to meet future capital requirements.
- To meet issue related expenditures.
- To achieve share listing benefits on the stock exchanges.