Aptus Value Housing Finance India Ltd. IPO
Aptus Value Housing Finance India Ltd.
IPO Listing Details
Listed On
BSE & NSE
Listed On
Issue Price
₹353
Issue Price
Listing Price
₹330
Listing Price
Listing Gains
-₹23.05 (-6.53%)
Listing Gains
IPO Details
Bidding Dates
10 Aug - 12 Aug '21
Bidding Dates
Min. Investment
₹14,532
Min. Investment
Lot Size
42.00
Lot Size
Price Range
₹346 - ₹353
Price Range
Issue Size
2,725 Cr
Issue Size
Subscription Rate
- Retail Individual Investor1.35x
- Non-Institutional Investor33.91x
- Qualified Institutional Buyers32.41x
- Employees0.00x
About Company
Having been operational since 2009, Aptus Value Housing is a retail-oriented housing finance company. A large chunk of its clients fall under low and middle-income categories and may be self employed. The customer base targeted by Aptus Value Housing is primarily found within rural and semi-urban markets in the country. As of December 31, 2020, a CRISIL report indicates that Aptus Value housing is one of the biggest housing finance companies in Southern India. This qualification has been made keeping in mind its assets under management which amount to INR 37,909.31 million. Customers can avail of home loans such that homes can be bought, residential property can be constructed, improved or extended upon. Loans against property and business loans can also be availed via Aptus Value Housing.
Aptus Value Housing Finance India Ltd. IPO Latest News and Subscription Status Today (Live)
Aptus Value Housing IPO details are as follows.
Aptus Value Housing IPO date opened on August 10, 2021 and closed on August 12, 2021.
The Aptus Value Housing IPO share price fell in the range of INR 346 to INR 353 per equity share.
The market lot for this IPO amounted to 42 shares. Retail individual investors were allowed to apply for up to 13 lots. This means that at most a retail individual investor could hold 546 shares valued at INR 192,738.
Why should you invest in Aptus Value Housing Finance India Ltd. IPO?
Aptus Value Housing IPO makes for a viable investment as it has a vast network amounting to 181 branches spread across 75 districts within the union territory of Puducherry. It has a significant presence in market which has been under penetrated so far.
Its profit after tax as of March 31, 2021, amounted to INR 2,669.44 million which is more than what it was on March 31, 2020 (INR 2,110.12 million) or on March 31, 2019 (INR 1114.83 million) indicating its vast potential for success.
Aptus Value Housing Finance India Ltd. IPO - SWOT Analysis
Strengths:
The company’s assets under management make it one of the largest housing finance companies in Southern India.
Its service offerings are well received and prominent within a vast, underpenetrated market which has the potential for tons of growth.
Aptus Value Housing has established its financial performance.
Its management team is experienced, stable and the corporate governance in place is strong.
The social impact of its business operations are good.
Weaknesses:
The company has been unable to meet its obligations that pertain to finances along with other covenants featured under its debt financing.
Mismatches under asset liability impact the company’s liquidity.
Opportunities:
The IPO will allow Aptus Value Housing to augment its capital base such that it can meet each of its future capital requirements. Listing benefits on the NSE and BSE will be a possibility with the IPO.
Threats:
The lending and treasury operations of Aptus Value Housing are impacted by the volatility.
Downgrades to its credit ratings can consequently impact its borrowing costs. This in turn can impact its ability to access financing.
How to apply for Aptus Value Housing Finance India Ltd. IPO?
You can apply for the Aptus Value Housing Finance India Ltd. IPO in these ways:
UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.
Demat Account
1. If you are an Existing TradeSmart demat account holder and wish to apply for an Aptus Value Housing Finance India Ltd. click here.
2. If you don't have a TradeSmart Account? Sign up.
