Aptus Value Housing Finance India Limited IPO Details

Aptus Value Housing Finance India IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

GMP

Allotment Status

About Aptus Value Housing Finance India

Aptus is an entirely retail focussed housing finance company primarily serving low and middle income self-employed customers in the rural and semi-urban markets of India. The company had the highest RoA of 5.7% among the Peer Set during the financial year 2021. Aptus is one of the largest housing finance companies in south India in terms of AUM, as of March 31, 2021.

Aptus offer customers home loans for the purchase and self-construction of residential property, home improvement and extension loans; loans against property; and business loans, which accounted for ₹21,032.10 million, or 51.70%, ₹8903.39 million, or
21.89% and ₹10,742.13 million, or 26.41% of our AUM, as of March 31, 2021, respectively.

Aptus offers loans to retail customers and do not provide any loans to builders or for commercial real estate. Aptus targets first-time home buyers where the collateral is a self-occupied residential property.

Important Details – Aptus Value Housing Finance India

  • December 11, 2009 – The company was incorporated as Aptus Value Housing Finance India Limited at Chennai, Tamil Nadu as a public limited company

Objects of the Issue

  • To augment the Company’s capital base to meet the Company’s future capital requirements.
  • Offer related expenses

Aptus Value Housing Finance India Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in million)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 45,201.65 37,467.24 23,276.87
Total income 6,552.42 5,237.20 3,371.15
Profit After Tax 2,669.44 2,110.12 1,114.83

Aptus Value Housing Finance India IPO Price – Details

Description Aptus IPO Details
Public IssueInitial Public offer of [.] Equity Shares aggregating upto Rs.[.] million comprising a Fresh Issue of up to Rs. 500 crore and an Offer for Sale of up to 64,590,695 equity shares
Issue Open  Date10-Aug-21
Issue Close Date12-Aug-21
Issue TypeBook Building
IPO Price Band₹ 346 – ₹ 353
Face Value ₹ 2
Market Lot 42 Equity Shares and in multiples thereof
Minimum Order Quantity 42 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolAPTUS
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Aptus Value Housing Finance India IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum142            14,826
Maximum13546        1,92,738

Aptus Value Housing Finance India IPO Lead Managers

  • ICICI Securities Limited
  • Citigroup Global Markets India Private Limited
  • Edelweiss Financial Services Limited
  • Kotak Mahindra Capital Company Limited

Aptus Value Housing Finance India Registrar

  • KFin Technologies Private Limited

Aptus Value Housing Finance India IPO Allotment Date, Listing Date, and other Important Dates

Bid / Offer Opens on10-Aug-21
Bid / Offer Closes on12-Aug-21
Finalisation of Basis of Allotment18-Aug-21
Initiation of refunds 20-Aug-21
Credit of the Equity Shares23-Aug-21
Commencement of trading – Listing24-Aug-21

Company Peers – Comparison of Accounting Ratios

Name of CompanyFace Value Total income, for
Financial Year 2021
(in ₹ million)
NAV, as on
March 31, 2021
(₹ per share)
Aptus Value Housing
Finance India Limited
26,552.4241.12
Aavas Financiers Limited1011,053.35305.86

Company Corporate & Registered Office

No. 8B, Doshi Towers,
8th Floor,
No: 205, Poonamallee High Road,
Kilpauk, Chennai 600 010,
Tamil Nadu, India

Company Promoters

  • M. Anadan
  • Padma Anandan
  • Westbridge Crossover Fund, LLC

Aptus Value Housing Finance India IPO – FAQS

When Aptus Value Housing Finance India IPO will open?

The Aptus Value Housing Finance India IPO opens on Aug 10, 2021 and closes on Aug 12, 2021

What is the lot size of Aptus Value Housing Finance India IPO?

The Aptus Value Housing Finance India IPO lot size is 42 Shares and the minimum order quantity is 42 Shares.

What is the price band for Aptus Value Housing Finance India IPO?

The Aptus Value Housing Finance India IPO price band at ₹ 346 – ₹ 353 per share

Who is the Registrar for Aptus Value Housing Finance India IPO?

The Registrar is KFin Technologies Private Limited

How to apply in Aptus Value Housing Finance India IPO through UPI?

Check the step by step process here – Click here

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