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Track all the latest updates and news of Aavas Financiers IPO.
May 8, 2024 8:43:12 AM
The Blackstone Group-backed Aadhar Housing Finance raised Rs 897.9 crore from anchor investors as it finalised allocation of 2,85,04,761 equity shares at Rs 315 per share.
Published by : Business Today on MSNMay 8, 2024 7:10:41 AM
Aadhar Housing Finance IPO opens on May 8 and closes on May 10 with a price band of ?300 to ?315 per share. The company raised ?898 crore from anchor investors. Retail investors get a 35% allocation ...
Published by : Mint on MSNMay 8, 2024 5:45:00 AM
Aadhar Housing Finance IPO price band is set at Rs 300 to Rs 315 per share. Offer type: Aadhar Housing Finance IPO is a book built issue of Rs 3,000.00 crore. It consi ...
Published by : Business StandardMay 8, 2024 6:11:00 PM
The IPO comprises a fresh issue of shares worth Rs 1,000 crore ... ratio at 19.45 times is comparatively cheaper than Aptus Value Housing Finance (31.3x), Aavas Financiers (28.1x), Home First Finance ...
Published by : moneycontrol.comMay 1, 2024 2:35:06 PM
Aadhar Housing Finance IPO is a mix of fresh issue of shares worth Rs 1,000 crore and an offer-for-sale (OFS) of Rs 2,000 crore worth of shares by promoter BCP Topco.
Published by : moneycontrol.com on MSNMay 6, 2024 3:30:00 AM
Aadhar Housing Finance is looking to raise a total of Rs 3,000 crore via IPO route, which includes a fresh share sale of Rs 1,000 crore and an OFS of up to Rs 2,000 crore.
Published by : Business TodayApril 10, 2024 5:52:00 PM
The issuer is solely responsible for the content of this announcement. Legal Finance SE, which has been aiming for an IPO for some time, has been acquired by the listed company Nakiki SE.
Published by : Mena FNAugust 11, 2023 7:46:00 PM
"Typically, the pricing of an IPO is determined by various factors, including the company's financial performance, current economic conditions, investor demand for the stock, industry-wide market ...
Published by : KiplingerMarch 6, 2024 10:37:00 PM
The Reddit IPO will arguably go down as one of the most ... retirement, personal finance and more - straight to your e-mail. Profit and prosper with the best of expert advice - straight to your ...
Published by : KiplingerApril 9, 2024 3:30:00 AM
The IPO market has started to see increased activity in 2024, with 33 IPOs so far. Renaissance Capital Assistant Portfolio Manager Avery Marquez joins Yahoo Finance Live to discuss why she ...
Published by : Yahoo FinanceFebruary 6, 2024 2:31:00 AM
Now that Reddit's IPO is complete, you can buy Reddit stock ... because the company will be required to provide regular financial updates to the SEC.
Published by : NerdWalletThe 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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