Aptus Value Housing Finance India Limited

Aptus Value Housing Finance India Limited IPO Review

Aptus Value Home is a retail-focused housing finance company based in India’s rural and semi-urban regions that primarily targets low and middle-income self-employed customers. According to the CRISIL report, it is one of the biggest lodging finance organizations in South India as far as AUM of 37,909.31 million as of December 31, 2020.

Home loans are available to retail clients for the purchase of homes, the construction of residential property, housing improvement and extension, loans against property, and business loans. It engages in all loan activities, including sourcing, underwriting, collateral value and legal evaluation, credit assessment, and collection.

Total home loans represented 51.76 percent of AUM as of December 31, 2020. Customers in the low and middle-income category with a monthly income of less than Rs. 50,000 accounted for 99.42 percent of the AUM as of December 31, 2020.

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

 

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

 

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

DateAptus IPO GMPKostakSubject to Sauda
23 August 2021
20 August 2021INR10
19 August 2021INR10
18 August 2021INR15
17 August 2021INR25
16 August 2021INR30
14 August 2021INR30
13 August 2021INR30
12 August 2021INR25
11 August 2021INR10
10 August 2021INR20
9 August 2021INR10

Listing Performance of Aptus Value Housing Finance India Ltd

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Aptus Value Housing Finance India Limited

Aug 24, 2021

353

346.5

-1.84

NSE : APTUS

BSE : 543335

ISIN CODE : INE852O01025

Angel Broking – Subscribe

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Arihant Capital – Neutral

Ashika Research – Subscribe

Choice Broking – Subscribe with caution

Elite Wealth – Subscribe

Hem Securities – Subscribe

ICICIdirect – Unrated

Marwadi Financial Services – Subscribe

Nirmal Bang – Subscribe

Reliance Securities – Subscribe

Religare Broking – Positive view

Samco Securities – Avoid

Ventura Securities – Not rated

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)

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: cs@aptusindia.com

Website: www.aptusindia.com

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: einward.ris@kfintech.com

Website: www.kfintech.com

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 Value Housing Finance IPO FAQ's

Aptus Value Housing Finance IPO is a main-board IPO of [.] equity shares with f ₹2 aggregating up to ₹2,780.05 Crores. The issue is priced at ₹346 to ₹353 per equity share. The minimum order quantity is 42 Shares.The initial public offering (IPO) begins on Aug 10, 2021,and ends on Aug 12, 2021..The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.

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

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

You can apply in Aptus Value Housing Finance IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The  Basis of Allotment for Aptus Value Housing Finance IPO will be done on Aug 18, 2021, and the allotted shares will be credited to your demat account by Aug 23, 2021. Check the Aptus Value Housing Finance IPO allotment status.

The Aptus Value Housing Finance IPO listing date is on Tuesday, August 24, 2021.

Aptus Value Housing Finance IPO Comments