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

Au Financiers IPO Details

IPO Opening DateJun 28, 2017
IPO Closing DateJun 30, 2017
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹355 to ₹358 per equity share
Market Lot41 Shares
Min Order Quantity41 Shares
Listing AtBSE, NSE
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹1,912.51 Cr)
Offer for Sale53,422,169 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)

Au Financiers IPO Tentative Timetable

The Au Financiers IPO open date is Jun 28, 2017, and the close date is Jun 30, 2017. The issue may list on Jul 10, 2017.

IPO Open DateJun 28, 2017
IPO Close DateJun 30, 2017
Basis of Allotment DateJul 5, 2017
Initiation of RefundsJul 6, 2017
Credit of Shares to Demat AccountJul 7, 2017
IPO Listing DateJul 10, 2017

Au Financiers IPO Lot Size

The Au Financiers IPO market lot size is 41 shares. A retail-individual investor can apply for up to 13 lots (533 shares or ₹190,814).

ApplicationLotsSharesAmount (Cut-off)
Minimum141₹14,678
Maximum13533₹190,814

Au Financiers IPO Subscription Status (Bidding Detail)

The Au Financiers IPO is subscribed 53.60x times on Jun 30, 2017 17:00. The public issue subscribed 3.52x in the retail category, 78.77x in the QIB category, and 143.51x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

78.77x

NII

143.51x

RII

3.52x

Employee

1.45x

Total

53.60x

Au Financiers IPO Prospectus

Au Financiers IPO Rating

1130
4.1
Rating:Rated 4.1 stars

Vote Here ...

Au Financiers IPO Listing Date

Listing DateMonday, July 10, 2017
BSE Script Code540611
NSE SymbolAUBANK
Listing InB Group of Securities
ISININE949L01017
IPO Price₹358 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

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

Au Financiers IPO Reviews / Ratings

Company Contact Information

Au Financiers (India) Limited
19 - A Dhuleshwar Garden,
Ajmer Road,
Jaipur - 302001

Phone: +91 141 4110060
Email: ipo@aufin.in
Website: http://www.aufin.in

Au Financiers IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: aufin.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Au Financiers IPO FAQs

  1. What is Au Financiers IPO?

    Au Financiers IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹1,912.51 Crores. The issue is priced at ₹355 to ₹358 per equity share. The minimum order quantity is 41 Shares.

    The IPO opens on Jun 28, 2017, and closes on Jun 30, 2017.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When Au Financiers IPO will open?

    The Au Financiers IPO opens on Jun 28, 2017 and closes on Jun 30, 2017.

  3. What is the lot size of Au Financiers IPO?

    Au Financiers IPO lot size is 41 Shares and the minimum order quantity is 41 Shares.

  4. How to apply for Au Financiers IPO?

    You can apply in Au Financiers IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Au Financiers IPO allotment?

    The finalization of Basis of Allotment for Au Financiers IPO will be done on Jul 5, 2017, and the allotted shares will be credited to your demat account by Jul 7, 2017. Check the Au Financiers IPO allotment status.

  6. When is Au Financiers IPO listing date?

    The Au Financiers IPO listing date is on Monday, July 10, 2017.

Au Financiers IPO Message Board

Ranked Members  Ranked Members

Loading...
1345. KING VINOD |Aug 16, 2017 22:05
IPO Guru IPO Guru (1400+ Posts, 3000+ Likes)
Hold it for medium to Long Term
1344. Bishy |Aug 10, 2017 09:48
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?
1344.1. DSR |Aug 12, 2017 23:17
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
I have predicted for 450 after market correction but it will give further dips to below 400. Take your call wisely.
1343. vishmodi |Aug 10, 2017 20:32
Hi @septa, @gamble
i Hold 5 lot of AU Bank so what would be strategy for next 3 month.
1343.1. DSR |Aug 12, 2017 23:16
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
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.
1342. ashuKumarSharma |Aug 10, 2017 16:11
http://www.moneycontrol.com/stocks/reports/au-small-finance-bank-limited-8341221.html

refer detailed results over this post..
1341. rvr |Aug 10, 2017 07:13
results are declared and seems very poor. stock will be butchered
1340. Chem cho |Aug 7, 2017 16:45
IPO Guru IPO Guru (2100+ Posts, 2100+ Likes)
AU FINANCIER TOUCHED RS 500 TODAY , CLOSING RS 551
1339. KING VINOD |Aug 6, 2017 12:15
IPO Guru IPO Guru (1400+ Posts, 3000+ Likes)
Everybody waiting for correction in AU Fin bank to make investment. Wait for correction don''t invest now.
1338. DSR |Aug 4, 2017 16:56
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
This is still inflated. wait for market correction.. This stock will go down to 450
1337. BePositive |Aug 4, 2017 09:22
Its 545 AU on 4August . Buy or Sell?
1336. ARATII |Jul 25, 2017 12:44
AU FINANCE NOW RS 606
DID NOT go below rs 580 on closing basis from the day it listed
1336.1. AKH |Aug 3, 2017 18:46
IPO Mentor IPO Mentor (900+ Posts, 700+ Likes)
Went below 550 today
1335. BePositive |Jul 24, 2017 16:33
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 ?
1335.1. BePositive |Jul 25, 2017 09:50
Today 611 . Whats happening?
1334. Chem cho |Jul 17, 2017 16:56
IPO Guru IPO Guru (2100+ Posts, 2100+ Likes)
close below rs 599 again today and yesterday by few margin ,
1334.1. Newcomer |Jul 22, 2017 00:22
Sir,
Can I buy omkar chemical?
What will be the target for 1 month?
1333. ARATII |Jul 17, 2017 10:02
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
1333.3. Mojika |Jul 17, 2017 11:52
i think now AU is on correct prices where we can buy the same for long term...it will definitely another Bajaj Fin.
1333.4. ARATII |Jul 21, 2017 10:06
READ Gamble post again rs 500

now trading at 591
did not touch rs 580 on closing basic from rs 724 down
1332. DSR |Jul 19, 2017 16:13
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
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...??
1332.1. Mojika |Jul 21, 2017 08:46
you can accumulate @ 550 as i told earlier AU has a strong support @ 600/-
1332.2. Mojika |Jul 21, 2017 08:46
you can accumulate @ 550 as i told earlier AU has a strong support @ 600/-
1331. mkslko |Jul 20, 2017 20:52
Friends I hold till date whether it is beneficial for long term or not kindly suggest me
1331.1. Mojika |Jul 21, 2017 08:45
definitely it will be very much beneficial for long term......another bajaj fin.
1330. Kick |Jul 18, 2017 10:55
@ Speta /Chem Cho... Pls advise.. i have sold 2 lot @ 689.. holding 1 lot and purchase 100 shares @ 650... Hold or sell?
1330.4. Kick |Jul 19, 2017 10:15
@ Aratii..Thanks for valuable input with all calculations.. Make more sense now
1330.5. Kick |Jul 19, 2017 10:17
@ Aratii... if you dont mind, what is expected trend for AU with your experience?
1329. ARATII |Jul 19, 2017 09:56
Those sold AU FINANCIER
WAIT for advice of members TO BUY WHEN
OUR panic buying rate was rs 570
1328. ROYKOLKATA |Jul 18, 2017 00:03
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.
1328.5. Maniac |Jul 18, 2017 09:53
@ 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..:)
1328.6. gamble |Jul 18, 2017 10:23
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Why only 80k it should be not below a single RS than 1cr...!!
1327. Mojika |Jul 17, 2017 13:49
as i told strong support @ 600 and a very good stock for long term
1327.3. GuptaIPO |Jul 17, 2017 14:23
And what about HUDCO stock? what is price support for this stock for long term prospective?
1327.4. Mojika |Jul 18, 2017 08:41
HUDCO is best stock you can enter anytime less than 100
1326. ARATII |Jul 17, 2017 12:36
O H NO it is reaching rs 600
money control pl revise your estimate of rs 500 not below rs 560
1326.1. ARATII |Jul 17, 2017 12:51
kissed his old high at rs 610 to rs 613.7
seems now 560 is gone lets proceed further low of rs 580 low , in coming days
forget money control .com low rs 500 till china say bahi bhai to india







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