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Au Financiers (India) Limited IPO (Au Financiers IPO) Detail

Jun 28, 2017 - Jun 30, 2017

Incorporated in 1996, Au Financiers (India) Ltd is Jaipur Rajasthan based non-banking finance company focused on retail segment serving low and middle income individuals and businesses that have limited or no access to formal banking and finance channels.

Au Financiers operate in 3 business lines:
1. Vehicle finance
2. Micro, small and medium enterprises (MSMEs) loans
3. Small and medium enterprises (SMEs) loans

On December 20, 2016, Au Financiers received RBI license for Small Finance Bank (SFB). With this company is planning to offer a diverse suite of banking products in near future.

Key Timelines of Au Financiers:
• 1996 - Incorporated in Jaipur, Raj
• 2000 - Registered as an NBFC with the RBI
• 2005 - Became a commercial associate of HDFC Bank for originating and servicing vehicle loans
• 2007 - Started MSME loans
• 2011 - Started housing finance
• 2012 - Started SME loans
• 2016 - Received a license from the RBI to set up a 'small finance bank' (SFB).

As of December 31, 2016, company had 300 branches spread across 10 states and one union territory in India, with significant presence in the states of Rajasthan, Gujarat, Maharashtra and Madhya Pradesh and employed 6,092 personnel serving 270,692 active loan accounts.

Competitive Strengths
• Diversified Product Portfolio and Revenue Streams
• Customer Centric Organizational Commitment
• Significant Presence in Rural and Semi-Urban Markets with Focus on Low and Middle Income Customers
• Robust and Comprehensive Credit Assessment and Risk Management Framework
• Access to Diversified Sources of Funding over the Years

Company Promoters:

The promoters of the company are:

1. Mr Sanjay Agarwal
2. Ms Jyoti Agarwal
3. Ms Shakuntala Agarwal
4. Mr Chiranji Lal Agarwal

Company Financials:

Summary of financial Information (Consolidated)
Particulars For the year/period ended (in Rs. Million)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 98,176.41 62,730.09 39,799.04 29,585.91 31,128.10
Total Revenue 14,305.21 10,519.50 6,894.08 5,713.20 4,130.84
Profit After Tax 8,427.13 2,471.54 1,394.50 725.40 693.58

Issue Detail:

  »»  Issue Open: Jun 28, 2017 - Jun 30, 2017
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: [.] Equity Shares of Rs 10 aggregating up to Rs 1,912.51 Cr
    ›  Offer for Sale of 53,422,169 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 355 - Rs 358 Per Equity Share
  »»  Market Lot: 41 Shares
  »»  Minimum Order Quantity: 41 Shares
  »»  Listing At: BSE, NSE

Au Financiers IPO Reviews:

  1. Au Financiers (India) Limited IPO review by Dilip Davda

Au Financiers IPO Recommendations:

Capital Market Review

Issue Subscription Detail / Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & TimeQIBNIIRIIEmployeeTotal
Shares Offered / Reserved10,484,4347,863,32618,347,7601,000,00037,695,520
Day 1 - Jun 28, 2017 17:00 IST0.00000.08000.32000.16000.1800
Day 2 - Jun 29, 2017 17:00 IST2.47000.70001.07000.44001.3600
Day 3 - Jun 30, 2017 17:00 IST78.7700143.51003.52001.450053.6000

Au Financiers IPO Prospectus

Au Financiers IPO Rating

1130
4.1
Rating:Rated 4.1 stars

Vote Here ...

Au Financiers IPO Listing Date

  •   ›  Listing Date: Monday, July 10, 2017
  •   ›  BSE Script Code: 540611
  •   ›  NSE Symbol: AUBANK
  •   ›  Listing In: ‘B’ Group of Securities
  •   ›  ISIN: INE949L01017
  •   ›  Issue Price: Rs 358 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price:
Open:
Low:
High:
Last Trade:
Volume:
BSE
Rs 358.00
Rs 525.00
Rs 506.80
Rs 545.00
Rs 541.20
39,257,795
NSE
Rs 358.00
Rs 530.00
Rs 523.70
Rs 547.00
Rs 541.65
10,585,689

Au Financiers IPO News Alerts

  1. Monday, July 10, 2017 12:00:00 AM
    Au Financiers (India) Limited IPO - Listing
  2. Thursday, July 6, 2017 12:00:00 AM
    Au Financiers (India) Limited IPO - Allotment
  3. Friday, June 30, 2017 12:00:00 AM
    Au Financiers (India) Limited IPO - Close
  4. Wednesday, June 28, 2017 12:00:00 AM
    Au Financiers (India) Limited IPO - Open
  5. Thursday, June 15, 2017 8:19:36 PM
    AU Small Finance Bank opens branch in Mumbai

Company Contact Information

Au Financiers (India) Limited
19 - A Dhuleshwar Garden,
Ajmer Road,
Jaipur - 302001
Phone: +91 141 4110060
Fax: +91 141 4110090
Email: ipo@aufin.in
Website: http://www.aufin.in

Au Financiers IPO Registrar

Link Intime India Private Ltd   »  Report
   Link Intime India Private Ltd,
   C-13 Pannalal Silk Mills Compound,
   LBS Marg, Bhandup West, Mumbai 400078

Phone: +91-22-25963838
Fax: +91-22-25946969
Email: aufin.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

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Au Financiers IPO Review / Comments

avatar
1338. KING VINOD  Aug 16, 2017 10:05:36 PM IST I Like It. | Report Abuse Reply
Hold it for medium to Long Term
avatar
1337. Bishy  Aug 10, 2017 9:48:37 AM IST I Like It. | Report Abuse Reply
Septa sir should we hold AU Fin or sell ? I have long term goal for 1 to 2 years. Do you recommend to buy at low level I.e, below 500?
avatar
1337.1. DSR  Aug 12, 2017 11:17:32 PM IST I Like It. | Report Abuse
I have predicted for 450 after market correction but it will give further dips to below 400. Take your call wisely.
avatar
1336. vishmodi  Aug 10, 2017 8:32:21 PM IST I Like It. | Report Abuse Reply
Hi @septa, @gamble
i Hold 5 lot of AU Bank so what would be strategy for next 3 month.
avatar
1336.1. DSR  Aug 12, 2017 11:16:19 PM IST I Like It. | Report Abuse
Sell at the maximum price you can on Monday. Further market correction is bound to happen. Share price will go down in next 2-3 months.
You can re enter at low levels.
avatar
1335. ashuKumarSharma  Aug 10, 2017 4:11:06 PM IST I Like It. | Report Abuse Reply
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1334. rvr  Aug 10, 2017 7:13:23 AM IST I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
results are declared and seems very poor. stock will be butchered
avatar
1333. Chem cho  Aug 7, 2017 4:45:16 PM IST I Like It. | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 400+ Likes)
AU FINANCIER TOUCHED RS 500 TODAY , CLOSING RS 551
avatar
1332. KING VINOD  Aug 6, 2017 12:15:36 PM IST I Like It. | Report Abuse Reply
Everybody waiting for correction in AU Fin bank to make investment. Wait for correction don''t invest now.
avatar
1331. DSR  Aug 4, 2017 4:56:50 PM IST I Like It. | Report Abuse Reply
This is still inflated. wait for market correction.. This stock will go down to 450
avatar
1330. BePositive  Aug 4, 2017 9:22:53 AM IST I Like It. | Report Abuse Reply
Its 545 AU on 4August . Buy or Sell?
avatar
1329. ARATII  Jul 25, 2017 12:44:22 PM IST I Like It. | Report Abuse Reply
AU FINANCE NOW RS 606
DID NOT go below rs 580 on closing basis from the day it listed
avatar
1329.1. AKH  Aug 3, 2017 6:46:54 PM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Went below 550 today
avatar
1328. BePositive  Jul 24, 2017 4:33:02 PM IST I Like It. 1 | Report Abuse Reply
Today(24July2017) AUBANK closed on 590.95 INR
I have still Hold 358*41 . Does it chance to grow or down?
Why its updown 20 points ?
avatar
1328.1. BePositive  Jul 25, 2017 9:50:32 AM IST I Like It. | Report Abuse
Today 611 . Whats happening?
avatar
1327. Chem cho  Jul 17, 2017 4:56:45 PM IST I Like It. 1 | Report Abuse Reply
IPO Guru IPO Guru (1300+ Posts, 400+ Likes)
close below rs 599 again today and yesterday by few margin ,
avatar
1327.1. Newcomer  Jul 22, 2017 12:22:57 AM IST I Like It. | Report Abuse
Sir,
Can I buy omkar chemical?
What will be the target for 1 month?
avatar
1326. ARATII  Jul 17, 2017 10:02:06 AM IST I Like It. 2 | Report Abuse Reply
todays low at rs 562.36 before 10am fridays low rs 561.10

why not going down pl answer experts
why holding rs 580 now
can any one answer
avatar
1326.3. Mojika  Jul 17, 2017 11:52:07 AM IST I Like It. 2 | Report Abuse
i think now AU is on correct prices where we can buy the same for long term...it will definitely another Bajaj Fin.
avatar
1326.4. ARATII  Jul 21, 2017 10:06:51 AM IST I Like It. 1 | Report Abuse
READ Gamble post again rs 500

now trading at 591
did not touch rs 580 on closing basic from rs 724 down
avatar
1325. DSR  Jul 19, 2017 4:13:45 PM IST I Like It. | Report Abuse Reply
At what price should this stock be accumulated again. I intend to buy this again but not sure what should be the right price. 540-550...??
avatar
1325.1. Mojika  Jul 21, 2017 8:46:20 AM IST I Like It. | Report Abuse
you can accumulate @ 550 as i told earlier AU has a strong support @ 600/-
avatar
1325.2. Mojika  Jul 21, 2017 8:46:22 AM IST I Like It. | Report Abuse
you can accumulate @ 550 as i told earlier AU has a strong support @ 600/-
avatar
1324. mkslko  Jul 20, 2017 8:52:17 PM IST I Like It. | Report Abuse Reply
Friends I hold till date whether it is beneficial for long term or not kindly suggest me
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1324.1. Mojika  Jul 21, 2017 8:45:03 AM IST I Like It. | Report Abuse
definitely it will be very much beneficial for long term......another bajaj fin.
avatar
1323. Eagleye  Jul 7, 2017 1:59:19 PM IST I Like It. 181 | Report Abuse Reply
IPO Guru IPO Guru (4400+ Posts, 11800+ Likes)
AU SFB IPO

Market pundits are of the view that:

Listing will be 475 +/- 20
&
Target 800+ within 2017
avatar
1323.33. AKH  Jul 13, 2017 6:43:32 PM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
@ARATII
You haven''t saw revised targets of ee please check that before commenting
avatar
1323.34. maharshee  Jul 20, 2017 7:31:11 PM IST I Like It. | Report Abuse
dear di still you intact about your target of 800
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1322. Jain vivek  Jul 6, 2017 11:18:52 AM IST I Like It. 1 | Report Abuse Reply
Salasar Techno Engineering IPO details
Subscription Dates      12 - 17 July 2017
Price Band      INR108 per share
Fresh issue      3,321,000 shares (INR35.86 crore)
Offer For Sale      Nil
Total IPO size      3,321,000 shares (INR35.86 crore)
Minimum bid (lot size)      125 shares
Face Value       INR10 per share
Retail Allocation      50%
Listing On      NSE, BSE
avatar
1322.1. Neelu Jain  Jul 19, 2017 1:36:07 PM IST I Like It. | Report Abuse
u know allotment date and plz give me ur what''s up number for updates...

Thanks
Neelu Jain
avatar
1321. Kick  Jul 18, 2017 10:55:46 AM IST I Like It. | Report Abuse Reply
@ Speta /Chem Cho... Pls advise.. i have sold 2 lot @ 689.. holding 1 lot and purchase 100 shares @ 650... Hold or sell?
avatar
1321.4. Kick  Jul 19, 2017 10:15:41 AM IST I Like It. | Report Abuse
@ Aratii..Thanks for valuable input with all calculations.. Make more sense now
avatar
1321.5. Kick  Jul 19, 2017 10:17:50 AM IST I Like It. | Report Abuse
@ Aratii... if you dont mind, what is expected trend for AU with your experience?
avatar
1320. ARATII  Jul 19, 2017 9:56:56 AM IST I Like It. | Report Abuse Reply
Those sold AU FINANCIER
WAIT for advice of members TO BUY WHEN
OUR panic buying rate was rs 570
avatar
1319. ROYKOLKATA  Jul 18, 2017 12:03:56 AM IST I Like It. 1 | Report Abuse Reply
The book value of AU is Rs. 135 right now which is likely to touch 210 on FY 2019 estimated basis. It is a high growth company solid management and no npa issues. This stock is likely to surprise us on the upside.
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1319.5. Maniac  Jul 18, 2017 9:53:55 AM IST I Like It. | Report Abuse
@ gamble
@ BV is only 70.33 for AUSFB
^^^. Pshhh!!!! ....135 is the real, secret book value only a few know of...No earthly math can help one value this diamond the promoters sold for a price of a trinket...
I thank Royalkolkata for revealing the secret ...The secret why the informed traded rumors to try and make the price drop...Now they would buy a bucket full of stock for their next big target . ...80 K? ..Yes ..Yes..:)
avatar
1319.6. gamble  Jul 18, 2017 10:23:19 AM IST I Like It. 3 | Report Abuse
IPO Guru IPO Guru (1300+ Posts, 1400+ Likes)
Why only 80k it should be not below a single RS than 1cr...!!
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