Aptus Value Housing Finance IPO Details

Aptus Value Housing Finance IPO 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)

  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: +91 40 6716 2222 
Fax:
 +91 40 2343 1551
Email: [email protected]
Website: 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: 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

 

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
         
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)

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