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Open
10 Aug 2021
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Close
12 Aug 2021
3
Allotment
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Listing
Tue, Aug 24, 2021
Price Band
₹346 to ₹353
Issue Size
7,87,55,000 shares (agg. up to ₹2,780 Cr)
Lot Size
42 Shares
Listing Date
Tue, Aug 24, 2021
Latest GMP
₹-12
Est. Gain
-3.4%
✦ AI Insight
GMP Trend
24-08-2021₹-12Est. ₹341-3.4%
23-08-2021₹-5Est. ₹348-1.42%
20-08-2021₹12Est. ₹365+3.4%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 12.06x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 4,520.17 | 3,746.72 | 2,327.69 |
| Total Income | 655.24 | 523.72 | 337.12 |
| Profit After Tax | 266.94 | 211.01 | 111.48 |
| EBITDA | 557.31 | 437.65 | 274.47 |
| NET Worth | 1,979.45 | 1,709.01 | 698.38 |
| Reserves and Surplus | 1,884.52 | 1,614.50 | 619.59 |
| Total Borrowing | 2,515.07 | 2,021.65 | 1,606.06 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Home First Finance Co.India Ltd. | Mainboard | ₹1,153.72 Cr | ₹518 | null | ₹527.55 | +1.84% | ₹1,241.80 (+1.37%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To augment the tier I capital requirements of the Company | 482.87 |
| 2 | Offer related expenses | 17.13 |
| Total | 500.00 |
About Aptus Value Housing Finance IPO
Incorporated in 2009, Aptus Value Housing is a retail-focused housing finance company that primarily serves low and middle-income self-employed customers in the rural and semi-urban markets of India. As per the CRISIL report, it is one of the largest housing finance companies in South India in terms of AUM of 37,909.31 million as of December 31, 2020. The company offers home loans to retail customers to purchase homes, construct residential property, house improvement and extension, loans against property, and business loans. It undertakes all types of lending activities such as sourcing, underwriting, valuation, and legal assessment of collateral, the credit assessment, and collection. As of December 31, 2020, the total home loans accounted for 51.76% of AUM. As of December 31, 2020, 99.42% of the AUM was from customers belong to the low and middle-income group with a monthly income of less than Rs. 50,000. Competitive Strengths One of the largest housing finance companies in South India in terms of AUM. A strong network of 181 branches across 75 districts and union territory of Puducherry. Presence in large, underpenetrated market with strong growth potential. Robust credit risk
Contact Details
Aptus Value Housing Finance India Ltd. AddressNo.8B, Doshi Towers, 8th Floor, No: 205Poonamallee High Road, KilpaukChennai, Tamil Nadu, 600010+91 44 4565 0000cs@aptusindia.comVisit Website