AAVAS Financiers is registered as a housing finance company with National Housing Bank (NHB) vide Registration No. 04.0151.17 and is engaged in the long term financing activity in the domestic markets to provide housing finance.
| Bidding Dates |
|---|
| 25 Sep 2018 - 27 Sep 2018 |
| Subscription |
|---|
| 0.97x Undersubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 0 | - | - | ₹17292.0 M | - |
Aavas Financiers IPO SUBSCRIPTION STATUS
27 Sep '18Aavas Financiers IPO overall subscription rate was 0.97 times the total available shares
Aavas Financiers IPO retail subscription rate was 0.25 times in the retail segment
Aavas Financiers IPO non-institutional investor subscription rate was 0.26 times in the non-institutional investor category
Aavas Financiers IPO Qualified Institutional Bidder subscription rate was 2.77 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | - | - | - |
27 Sep 2018 | 0.25x | 0.26x | 2.77x |
Aavas Financiers IPO SUBSCRIPTION STATUS DETAILS
Aavas Financiers IPO offer price was ₹821
Aavas Financiers IPO issue size was ₹ 17292.0 M
Aavas Financiers NUMBER OF SHARES ON OFFER
Aavas Financiers IPO IMPORTANT DATES
| Issue Open Date | 25 Sep 2018 |
| Issue close Date | 27 Sep 2018 |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | 08 Oct 2018 |
| Listing on Exchange(s) | NSE and BSE |
| Aavas Financiers Allotment Status | Exchange |
Aavas Financiers IPO subscription opened on 25 Sep 2018, and closed on 27 Sep 2018
IPO listing for Aavas Financiers was on NSE and BSE on Monday, 08 Oct 2018
Aavas Financiers IPO LISTING GAINS
| Issue Price (adjusted) | 821.0 |
| Listing Open Price | 758.0 |
| Listing Close Price | 773.1 |
| Listing Gain% | -7.7% |
| Current Gain% | 67.0% |
Aavas Financiers Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aavas Financiers Ltd. | 1371.5 | 15.8 | 0.9 | 3.9 | 13 | 3.1 | 2684.8 | 13.8 | 654.9 | 14.1 | 86.6 | 17 | |
| Bajaj Housing Finance Ltd. | 85.8 | 71483.1 | 26.6 | 1.4 | 6.2 | 11.4 | 2 | 11150.3 | 16.4 | 2560.3 | 18.4 | 3.2 | 18.9 |
| PNB Housing Finance Ltd. | 1143 | 29785.4 | 12.9 | 0.9 | 3.4 | 11.9 | 2.4 | 8505 | 10.6 | 2291.2 | 18.3 | 88.8 | 13.7 |
| LIC Housing Finance Ltd. | 504.2 | 27736.9 | 4.8 | 1.1 | 1 | 13.5 | 1.7 | 28843.5 | 2.6 | 5603.7 | 3 | 104.3 | 4.3 |
| Aadhar Housing Finance Ltd. | 506.4 | 22146.8 | 19.4 | 1 | 5.8 | 14.5 | 4 | 3686.9 | 18.6 | 1095.9 | 20.2 | 26.1 | 20.2 |
| Sammaan Capital Ltd. | 163.2 | 18969.4 | -2.7 | 0 | 2.3 | -37.6 | -9.6 | 8190.2 | -5.7 | -7144.6 | -295.3 | -61.5 | -295.3 |
Aavas Financiers INFORMATION ON IPO ISSUE
About Aavas Financiers
AAVAS Financiers is registered as a housing finance company with National Housing Bank (NHB) vide Registration No. 04.0151.17 and is engaged in the long term financing activity in the domestic markets to provide housing finance.
IPO FAQs
The IPO application opens on Sep 25, 2018 and closes on Sep 27, 2018.
Aavas Financiers Ltd.’s shares listed on the stock exchanges on Oct 08, 2018.