IPO

Aptus Value Housing Finance India Ltd IPO

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Finance - Housing

Listed On: Aug 24, 2021 at ₹ ₹333 (NSE)

₹ 14826 /42 Shares

Check Allotment

10 Aug, 2021

Open Date

12 Aug, 2021

Close Date

18 Aug, 2021

Allotment Date

24 Aug, 2021

Listing Date
Price Summary

Last Closing

283.95 (-19.56%)

52 Week High

364.00

52 Week Low

267.95

Last Update

17-Dec-2025 3:30 PM
IPO Issue Details
  • Issue Price ₹346-353 per equity share
  • Face Value ₹2 Per Equity Share 
  • Issue Price Total Equity Shares 70,821,529 aggregating up to ₹2780/- Cr
    # Fresh Issue: 14,164,306 Equity Shares aggregating up to ₹500/- Cr
    # Offer for Sale: 64,590,695 Equity Shares aggregating up to ₹2280/- Cr
  • Listing at BSE, NSE
  • List Price ₹333 (NSE)
  • Listing Date 2021-08-24
  • Lead Manager Citigroup Global Markets India Private Limited, Edelweiss Financial Services Ltd, ICICI Securities Limited, Kotak Mahindra Capital Company Limited
  • Registrar KFintech Private Limited
IPO Details
  • Retail Portion 35%
IPO Documents
IPO Details


The IPO of is priced at ₹346-353 per equity share, which has a face value of ₹2 Per Equity Share  each, IPO bidding starts from Aug 10, 2021 and ends on Aug 12, 2021. The allotment for IPO will be finalized on Aug 18, 2021. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Aug 24, 2021. The company shall list its equity shares on the BSE, NSE. KFintech Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are Citigroup Global Markets India Private Limited, Edelweiss Financial Services Ltd, ICICI Securities Limited, Kotak Mahindra Capital Company Limited.


The IPO sets its price band at 346-353 for each share. A single application for Aptus Value Housing Finance India Ltd IPO must contain at least 42 shares.

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IPO Subscription Analysis And Details
Retail
1.35x
QIB
32.41x
NII
33.91x
Total
17.20x
As on QIB NII Retail Total
Shares Offered / Reserved 157,51,000 118,13,250 275,64,250 551,28,500
Day 1 10-08-21 05:00 PM
0.25 x 0.00 0.33 x 0.24 x
Day 2 11-08-21 05:00 PM
0.33 x 0.06 0.53 x 0.36 x
Day 3 12-08-21 05:00 PM
32.41 x 33.91 1.35 x 17.20 x

Total No of Applications
781409
Subscription on the basis of Applications
1.19
Valuations
Earnings Per Share (EPS) ₹5.39/-
P/E Ratio 65.53
RoNW 13.52%
Net Asset Value (NAV) - As on 31.03.21 ₹41.12
Company Financials
In Crs.
In Cr.
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Assets 4,097.59 3,746.72 2,327.57 1,445.33
Revenue 473.39 523.72 337.11 202.14
Profit After Tax 191.39 211.01 111.55 66.57
About Company

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.

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- Promoter(s)

M. Anadan

Padma Anandan

Westbridge Crossover Fund, LLC

Pre Issue Share Holding : 74.87%

Post Issue Share Holding : 72.23%

IPO - Issue Objectives
1

To augment company's capital base to meet future capital requirements.

2

To meet issue related expenditures.

3

To achieve share listing benefits on the stock exchanges.

IPO - Anchor Investors

Aptus Value Housing Finance garners Rs 834 cr from anchor investors ahead of IPO

Nomura, Copthall Mauritius Investment, Steadview Capital Mauritius, Elara India Opportunities Fund,Edelweiss Mutual Fund (MF) Axis MF and DSP MF, among others, have participated in the anchor book.

IPO - Peers Comparison
P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Aptus Value Housing Finance India Limited 8.58 65.53 13.49% 655.24
Aavas Financiers Limited 8.00 64.20 12.46% 1105.52
HDFC Limited 3.89 24.63 15.80% 38933.63
Repco Home Finance Ltd 1.06 7.59 13.97% 1392.23
Can Fin Homes Limited 2.82 15.28 18.08% 2018.43