
Financial Services · NSE / BSE
Incorporated in 2009, Aptus Value Housing is a retail-focused housing finance company that mainly serves self-employed customers from low and middle-income groups in rural and semi-urban areas of India, especially in South India. The company offers home loans for buying or constructing houses, home improvement and extension, loans against property, and small business loans, and handles the complete lending process from sourcing and credit assessment to collateral evaluation and collections. As of December 31, 2020, home loans formed the majority of its portfolio, and almost all of its assets came from customers earning less than ₹50,000 per month, making it one of the largest housing finance companies in South India by assets under management.
Price Band
₹346 – ₹353
Issue Size
₹2780 Cr
Lot Size
42 shares
GMP
-3.4%
Est. Listing
₹341
at current GMP
Subscribed
—
Open
10 Aug 2021
Close
12 Aug 2021
Allotment
18 Aug 2021
Refund
19 Aug 2021
Demat Credit
20 Aug 2021
Listing
24 Aug 2021
Designated Registrar: Kfin Technologies Limited
Allotment Date
18 Aug 2021
Basis finalization
Refunds Initiate
19 Aug 2021
Mandate release
Demat Credit
20 Aug 2021
Shares in demat
Listing Debut
24 Aug 2021
Trading begins
Aptus Value Housing Finance India Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹2,780 Crores. The shares are offered at a price band of ₹346 to ₹353 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 42 shares (approx. ₹14,826 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-08-20, while un-allotted funds or UPI block mandates will be released on 2021-08-19.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.