Aavas Financiers Limited IPO

Aavas Financiers Limited IPO is priced at ₹818–₹821 per share with an issue size of Total 2,11,21,437  Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 1734.07 Cr# Fresh Issue of 18,72,078 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 400 Cr # Offer for Sale of 1,62,49,359 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 1334.07 Cr. The IPO opens on Sep 25, 2018 and closes on Sep 27, 2018, with a lot size of 18 shares and a minimum investment of ₹14,778.

Aavas Financiers Limited IPO

Mainboard Listed
₹14,778 (18 Shares)
Minimum Investment
IPO Dates
Sep 25, 2018 – Sep 27, 2018
Price band
₹818 - 821 per equity share
Minimum Investment
₹14,778
Issue size
Total 2,11,21,437 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 1734.07 Cr# Fresh Issue of 18,72,078 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 400 Cr # Offer for Sale of 1,62,49,359 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 1334.07 Cr
Lot size
18
Allotment Date
Oct 4, 2018
Listing
Oct 8, 2018
Listing At
NSE, BSE ( B - Group )

IPO timeline

  1. Sep 25, 2018

    Open Date

    Completed

  2. Sep 27, 2018

    Close Date

    Completed

  3. Oct 4, 2018

    Allotment Date

    Completed

  4. Oct 8, 2018

    Listing Date

    Completed

Aavas Financiers Limited IPO Essentials

Aavas Financiers Limited IPO Details

Aavas Financiers Limited IPO is priced at ₹818 - 821 per share with a total issue size of Total 2,11,21,437  Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 1734.07 Cr# Fresh Issue of 18,72,078 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 400 Cr # Offer for Sale of 1,62,49,359 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 1334.07 Cr. The IPO has a lot size of 18 shares and will be listed on BSE and NSE.

Issue price
Rs 818/- to Rs 821/- Rs per Equity Share
Lot size
18 shares
Face value
Rs 10 Per Equity Share 
Issue size
Total 2,11,21,437  Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 1734.07 Cr# Fresh Issue of 18,72,078 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 400 Cr # Offer for Sale of 1,62,49,359 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 1334.07 Cr
Listing at
NSE, BSE ( B - Group )
List price
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
ICICI Securities Limited, Citigroup Global Markets India Private Limited, Edelweiss Financial Services Limited, Spark Capital Advisors (India) Private Limited, HDFC Bank Limited

Aavas Financiers Limited IPO Details

  • Retail Portion N/A

Aavas Financiers Limited IPO Analytics

Aavas Financiers Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Aavas Financiers Limited IPO Subscription Status

Aavas Financiers Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
Retail Total
Shares Offered / Reserved 42,24,293
31,68,220
73,92,514 1,47,85,027
Day 1 25-09-18
0.12 x
0.00x
0.03 x 0.05 x
Day 2 26-09-18
0.81 x
0.12x
0.07 x 0.29 x
Day 3 27-09-18
2.78 x
0.26x
0.25 x 0.98 x
Day 4 21-03-18

Aavas Financiers Limited Valuations

Earnings

EPS (Post IPO)
Rs 12.80/-
P/E Ratio
64.16

Returns

RoNW
8.46%

Data sourced from DRHP / RHP • For educational purposes only

Aavas Financiers Limited Company & Offer Insights

Aavas Financiers Limited IPO Issue Objectives

Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
Fresh Issue(a) Augmenting company's capital base to meet future capital requirements.(b) Issue related expenses

Aavas Financiers Limited IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Aavas Financiers Limited 5.23 64.16 8.46% 457.24
HDFC Limited 3.77 24.54 15.37% 64,606.86
Gruh Finance Limited 17.81 60.63 29.37% 1687.19
Aditya Birla Capital Ltd 3.41 35.59 9.58% 13,427.76
Can Fin Homes Limited 3.06 13.37 22.86% 1543.90
PNB Housing Finance Limited 3.43 24.54 13.97% 5516.40
Repco Home Finance Ltd 2.52 15.11 16.70% 1105.43

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Aavas Financiers Limited IPO is a book-built IPO worth ₹Total 2,11,21,437  Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 1734.07 Cr# Fresh Issue of 18,72,078 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 400 Cr # Offer for Sale of 1,62,49,359 Equity Shares of Rs 10/- at price of Rs 818/- to Rs 821/- with aggregating up to Rs 1334.07 Cr. The price band is ₹818–₹821 per share. The IPO opens on Sep 25, 2018 and closes on Sep 27, 2018. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Aavas Financiers Limited IPO is ₹818 to ₹821 per share.

The lot size of Aavas Financiers Limited IPO is 18 shares.

The minimum investment for Aavas Financiers Limited IPO is approximately ₹14,778 based on the upper price band .

Aavas Financiers Limited IPO opens on Sep 25, 2018 and closes on Sep 27, 2018.

The allotment date of Aavas Financiers Limited IPO is Oct 4, 2018.

Aavas Financiers Limited IPO is expected to be listed on Oct 8, 2018, on BSE and NSE .

Aavas Financiers Limited IPO valuation snapshot: P/E 64.16, EPS Rs 12.80/-, P/B N/A, RoNW 8.46%, and market cap N/A.

To apply for Aavas Financiers Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Aavas Financiers Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Aavas Financiers Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Aavas Financiers Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Aavas Financiers Limited IPO allotment status on IPO Ji for quick and easy access.