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Track all the latest updates and news of Aavas Financiers IPO.
September 25, 2018 3:30:00 AM
LG Electronics Inc. explored an IPO for its Indian unit, aiming to meet a $75 billion revenue target by 2030. CEO William Cho mentioned it as a strategic option, noting a surge in investor interest.
Published by : IndiatimesSeptember 6, 2024 8:54:00 PM
Strong demand visibility, substantial government support and high return on assets have provided significant tailwinds to these companies.
Published by : MintMarch 21, 2023 8:15:00 AM
AAVAS Financiers Ltd share price was up by ... second lowest in the last five years Bajaj Housing Finance IPO allotment: What are the odds for HNIs, retailers and shareholders?
Published by : Business TodaySeptember 16, 2024 1:09:00 PM
After a blockbuster listing, Bajaj Housing Finance emerged as the most valuable housing finance company with an m-cap of Rs 1.37 lakh crore ...
Published by : Business Today on MSNSeptember 18, 2024 6:35:00 AM
Brokerages have initiated 'buy' calls on Bajaj Housing Finance, citing management's strong pedigree to position it as the next 'HDFC' and its superior asset quality ...
Published by : moneycontrol.comSeptember 18, 2024 12:15:59 PM
The total market capitalization of Bajaj Housing Finance Ltd has topped Rs 1.57 lakh crore mark, which is more than total market capitalization of next nine peers.
Published by : Business Today on MSNSeptember 17, 2024 3:57:00 PM
Bajaj Housing Finance shares jumped by 10% on Tuesday, closing at Rs 181.48 on BSE and Rs 181.50 on NSE. The stock has increased by 159.28% from its i ...
Published by : IndiatimesSeptember 18, 2024 9:37:00 AM
BHFL, whose shares got listed on Monday, fell 9.17 per cent to hit a low of Rs 171.16 from day's high of Rs 188.45.
Published by : MSNSeptember 16, 2024 4:32:00 PM
Bajaj Housing Finance Ltd. made a stellar market debut, doubling in value and becoming the most valued housing finance company in India. The IPO saw overwhelming subscription, with shares ending at ...
Published by : money.rediffSeptember 3, 2024 5:05:00 PM
Bajaj Housing Finance IPO price band: The Bajaj Housing Finance ... Homes (P/E of 12.9), Aadhar Housing Finance (P/E of 18.7), Aavas Financiers (P/E of 3.3), Aptus Value Housing Finance (P/E ...
Published by : MintSeptember 13, 2024 10:30:00 AM
GIC Housing Finance, Home First Finance Company India, PNB Housing Finance and Can Fin Homes rallied between 5 per cent and 15 per cent today ...
Published by : Business StandardSeptember 16, 2024 10:14:00 AM
LIC Housing Finance, PNB Housing Finance, Can Fin Homes and Bajaj Finance dropped in the range of 4 per cent to 6 per cent ...
Published by : Business StandardThe IPO Shares of Aavas Financiers Limited IPO are proposed to list on Monday, October 8, 2018 at BSE, NSE. The public issue of Aavas Financiers IPO was opened on Sep 25, 2018 and closed for subscription on Sep 27, 2018. Aavas Financiers IPO Listing Date and Information:
The allotment status of Aavas Financiers Limited IPO is now available online. The public issue of Aavas Financiers IPO was open on Sep 25, 2018 and closed for subscription on Sep 27, 2018. The equity shares of the company to be list at BSE, NSE.
Aavas Financiers’ initial public offering, which opened on Tuesday Sep 24th, has attracted strong demand from institutional investors, despite the challenging stock market conditions for housing finance companies.
Leading brokerages such as Kotak Securities, Motilal Oswal, Antique, ICICI Direct, Investec, Nirmal Bang, Aditya Birla Capital and Anand Rathi remain highly positive on the business, citing a strong management team, best-in-class operational metrics, and AU Small Finance Bank’s DNA. Unlike many other housing finance companies, Aavas has no exposure to risky assets such as developer funding or under-construction loans, and also has a positive asset-liability match.
This means that unlike HFCs funded only by short-term debt, Aavas has been prudent enough to secure long-term funding for its business (the company has zero reliance on commercial paper), and hence has no cause for concern on liquidity.
The Rs 1734cr issue is already 50% subscribed on Day 2, including 34 blue-chip anchor investors such as Abu Dhabi Investment Authority, Kuwait Investment Authority, Nomura, Wasatch, HSBC Halbis, Amundi SBI MF, Reliance MF, ICICI Prudential MF, Birla Sun Life MF, DSP MF, Kotak MF, etc.
Market commentators believe that this is one of the highest quality anchor books of all recent IPOs, matched only by that of HDFC AMC’s blockbuster IPO. Sources add that the current subscription levels of this issue are quite remarkable in the context of the current stock market environment for the industry, and are a testament to the long-term attractiveness of the business. As a result, the IPO is expected to sail through on its final day – the only one that will that looks like it will do so in these market conditions.
Aavas Financiers Limited is entering in the capital market with an IPO of [.] Equity Shares of Rs 10 aggregating up to Rs [.] Crore. The price for the issue has been set at Rs - Rs Per Equity Share.
Incorporated in 2011, Jaipur based Aavas Financiers Limited is a company engaged in the business of providing retail, affordable housing finance to low and middle income self employed customers in semi-urban and rural areas in India. The Company is registered with the NHB as an HFC.
The issue opens on Sep 25, 2018 and closes for subscription on Sep 27, 2018. The equity shares of the company to be list at BSE, NSE.
The issue of Aavas Financiers Limited opens on Sep 25, 2018 and closes for subscription on Sep 27, 2018. The equity shares of the company to be list at BSE, NSE. The price for the issue has been set at Rs - Rs Per Equity Share.
The Aavas Financiers IPO is proposed to open on September 25, 2018. The IPO application ends on September 27, 2018.
Retail investors can apply in the retail or non-institutional investor category from September 25, 2018 to September 27, 2018. The Aavas Financiers IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The Aavas Financiers IPO will open for subscription on September 25, 2018. The public issue will close on September 27, 2018.
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