Aptus Value Housing Finance IPO Details
Aptus Value Housing Finance IPO description – The company offers housing loans, serving low and middle income self-employed customers in the rural and semi-urban areas. AVHF is entirely foused on retail customers and does not offer any loans to builders or for commercial real estate. It is one of the largest housing finance companies in South India in terms of asset under management and has the largest network of 181 branches. As of 31 December 2020, AVHF’s AUM stood at INR3,790.9 crore, representing a split of 72.5% and 27.5% between self-employed and salaried individuals, respectively. It had 56,430 active loan accounts across 75 districts in Tamil Nadu, Andhra Pradesh, Karnataka, Telangana and the Union Territory of Puducherry.
Promoters of Aptus Value Housing Finance – M Anandan, Padma Anandan and Westbridge Crossover Fund LLC
| Aptus IPO details | |
| Subscription Dates | 10 – 12 August 2021 |
| Price Band | INR346 – 353 per share |
| Fresh issue | INR500 crore |
| Offer For Sale | 64,590,695 shares (INR2,234.84 – 2,280.05 crore) |
| Total IPO size | INR2,734.84 – 2,780.05 crore |
| Minimum bid (lot size) | 42 shares |
| Face Value | INR2 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Aptus Value Housing Finance's Financial Performance (in INR crore)
| Â | FY2018 | FY2019 | FY2020 | FY2021 |
| Revenue | 199.2 | 323.9 | 500.3 | 636.6 |
| Expenses | 101.1 | 184.3 | 276.4 | 184.4 |
| Comprehensive income | 66.5 | 111.5 | 210.9 | 266.8 |
| Margin (%) | 33.4 | 34.4 | 42.2 | 41.9 |
More about Aptus Value Housing Finance IPO
Registrar of Aptus Value Housing Finance IPO
KFin Technologies Private Limited
Selenium Tower B, Plot 31-32, Gachibowli,
Nanakramguda, Hyderabad – 500 032,
Telangana
Phone:Â +91 40 6716 2222Â
Fax:Â +91 40 2343 1551
Email:Â [email protected]
Website:Â www.kfintech.com
Aptus Value Housing Finance Contact Details
Aptus Value Housing Finance India Limited
No. 8B, Doshi Towers, 8th Floor, No: 205, Poonamallee High Road, Kilpauk, Chennai 600 010
Phone: +91 44 4565 0000
Email: [email protected]
Website:Â www.aptusindia.com
Valuation of Aptus Value Housing (as of FY2021)
Earnings Per Share (EPS): INR5.55
Price/Earnings (PE ratio): 62.34 – 63.60
Return on Net Worth (RONW): 13.49%
Net Asset Value (NAV): INR41.12 per share
Aptus Value Housing IPO GMP Daily Trend
| Date | Aptus IPO GMP | Kostak | Subject to Sauda |
| 23 August 2021 | – | – | – |
| 20 August 2021 | INR10 | – | – |
| 19 August 2021 | INR10 | – | – |
| 18 August 2021 | INR15 | – | – |
| 17 August 2021 | INR25 | – | – |
| 16 August 2021 | INR30 | – | – |
| 14 August 2021 | INR30 | – | – |
| 13 August 2021 | INR30 | – | – |
| 12 August 2021 | INR25 | – | – |
| 11 August 2021 | INR10 | – | – |
| 10 August 2021 | INR20 | – | – |
| 9 August 2021 | INR10 | – | – |
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Aptus Value Housing IPO Subscription Details
| Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
| Day 1 | Day 2 | Day 3 | ||
| QIB | 1,57,51,000 | 0.25 | 0.33 | 32.41 |
| NII | 1,18,13,250 | 0.01 | 0.06 | 33.91 |
| Retail | 2,75,64,250 | 0.32 | 0.53 | 1.35 |
| Â | Â | Â | Â | Â |
| Total | 5,51,28,500 | 0.24 | 0.37 | 17.20 |
Aptus IPO Reviews
Angel Broking – Subscribe
Anand Rathi –
Antique Stock Broking – Subscribe
Arihant Capital – Neutral
Ashika Research – Subscribe
BP Wealth –
Canara Bank Securities –
Choice Broking – Subscribe with caution
Elite Wealth – Subscribe
Hem Securities – Subscribe
ICICIdirect – Unrated
Marwadi Financial Services – Subscribe
Motilal Oswal –
Nirmal Bang – Subscribe
Prabhudas Lilladher –
Reliance Securities – Subscribe
Religare Broking – Positive view
Samco Securities – Avoid
Ventura Securities – Not rated
Aptus Value Housing IPO Allotment Status
Aptus IPO allotment is now available on KFin Technologies’ website. Click on this link to get allotment status.
Listing Performance of Aptus IPO
IPO Opening Date: 10 August 2021
IPO Closing Date: 12 August 2021
Finalisation of Basis of Allotment: 18 August 2021
Initiation of refunds: 20 August 2021
Transfer of shares to demat accounts: 23 August 2021
Listing Date: 24 August 2021
Opening Price on NSE: INR333 per share (down 5.67% from IPO price)
Closing Price on NSE: INR352 per share (down 0.28% from IPO price)
