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Track all the latest updates and news of Aavas Financiers IPO.
April 24, 2024 12:29:00 PM
Travel and expense software company Navan is targeting an April 2025 IPO as it projects to end next year with around $1 billion in annual revenue.
Published by : Business InsiderApril 25, 2024 10:10:00 PM
Viking�s enterprise value would be 13.5 times last year�s EBITDA, higher than the roughly 12 times that Carnival and Royal Caribbean command. Click to read.
Published by : Seeking AlphaApril 26, 2024 2:12:00 PM
Shares in CVC, the European private equity group, surged 23% in trading on Friday after the successful completion of its enlarged �2.3bn IPO. The stock opened at �17.34, and was at �17.30 at 12.30pm ...
Published by : GlobalCapitalApril 25, 2024 2:23:00 PM
CVC Capital Partners increased the size of its initial public offering by �500 million ($536 million), and is likely to price the share sale in Amsterdam at the middle of an initially proposed range, ...
Published by : Bloomberg L.P.April 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 : KiplingerApril 23, 2024 5:48:00 PM
Banks have mostly given up hope this year will bring a long-awaited recovery in UK IPOs, as stock exchanges within the European Union and Switzerland have so far proved more tempting, senior bankers ...
Published by : ReutersFebruary 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 : NerdWalletApril 3, 2024 3:29:00 AM
The IPO market is finally beginning to warm up after a two-year freeze. Reddit, Astera Labs, and Arm Holdings are recent IPOs that have seen successful trading debuts. LPL Financial says thriving ...
Published by : Yahoo FinanceMarch 21, 2024 10:23:00 PM
Reddit shares soared in their stock-market debut Thursday, an endorsement for the social-media company whose users fueled the meme-stocks craze and a boost for other companies eyeing 2024 IPOs ...
Published by : Wall Street JournalApril 9, 2024 3:11:00 PM
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 FinanceApril 10, 2024 9:40:00 AM
10.04.2024 / 12:10 CET/CEST 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 ...
Published by : Business InsiderThe 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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