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Aavas Financiers IPO Latest News Today

Aavas Financiers IPO Details

IPO Open Sep 25, 2018
IPO Close Sep 27, 2018
IPO Price ₹821
Face Value ₹10
IPO Size ₹1,734.07 Cr
Listing At BSE, NSE
Lot Size 18
Open an Instant Account with Zerodha
  1. Five Star Business Finance IPO – Details and Review

    Nov 5, 2022 3:32:00 AM

    and Aavas Financiers trading at P/E 46x (Highest) and industry average P/E is 41x. Hence Five Star Business Finance IPO share price is underpriced. If you do not have Zerodha account, sign-up here and ...

    Publish by : Best Investment Plans
  2. Five Star Business Finance IPO: 10 things to know about before you subscribe to it

    Nov 9, 2022 10:47:00 AM

    IPO proceeds The company will not receive ... Some of Five Star Business Finance’s peers include AU Small Finance Bank, Aavas Financiers, and Aptus Value Housing Finance India.

    Publish by : MSN
  3. Five Star Business Finance IPO: What GMP reflects as issue to open soon

    Nov 8, 2022 2:17:00 AM

    Five Star Business Finance IPO: The initial public offering (IPO ... Digikredit Finance Pvt Ltd and AU Small Finance Bank, Aavas Financiers Limited, Home First Finance Company India and Aptus ...

    Publish by : Mint
  4. Five Star Business Finance sets IPO price band at Rs 450-474

    Nov 4, 2022 1:39:00 PM

    The IPO is entirely an offer for sale (OFS ... AU Small Finance Bank, Aavas Financiers, and Home First Finance Company India, among others. Like us on Facebook to see similar stories Please ...

    Publish by : MSN
  5. Five Star Business Finance IPO set to open on Nov 9; price band at ?450 to ?474 a share

    Nov 4, 2022 10:34:00 PM

    The initial public offering (IPO) of non-banking financial corporation ... of Five Star Business Finance are AU Small Finance Bank, Aavas Financiers, and Aptus Value Housing Finance India.

    Publish by : Business Insider India
  6. Five Star Business Finance IPO: Should you subscribe or give it a miss?

    Nov 11, 2022 3:30:00 AM

    we recommend our investors to subscribe to the IPO," it said. Five Star Business has listed peers such as AU Small Finance, AAVAS Financiers and Aptus Value Housing. ICICIdirect said the NBFC has ...

    Publish by : Business Today
  7. IPO Calendar

    Nov 23, 2022 2:10:00 PM

    A poorly timed IPO can eat up a significant chunk of change that could have otherwise been put toward projects aimed at growth. Increased financial reporting standards: Even after a company ...

    Publish by : Benzinga.com
  8. Table of Contents

    Oct 25, 2022 9:54:00 AM

    After the recession following the 2008 financial crisis, IPOs ground to a halt, and for some years after, new listings were rare. More recently, much of the IPO buzz has moved to a focus on so ...

    Publish by : Investopedia
  9. Five Star Business Finance IPO receives poor subscription of 2% on day 1

    Nov 10, 2022 9:20:00 AM

    The initial public offering of non-banking financial corporation Five Star Business Finance has been subscribed by just 0.02 times on the first of the IPO subscription process. At the same time ...

    Publish by : Business Insider India
  10. Five Star Business Finance sets IPO price band at Rs 450-474

    Nov 4, 2022 1:37:00 PM

    The IPO is entirely an offer for sale (OFS ... AU Small Finance Bank, Aavas Financiers, and Home First Finance Company India, among others.

    Publish by : The Financial Express
  11. Public issue. Five Star Business Finance sets IPO price band at ?450-474

    Nov 4, 2022 2:11:00 PM

    The IPO is entirely an offer for sale (OFS ... AU Small Finance Bank, Aavas Financiers, and Home First Finance Company India, among others.

    Publish by : Business Line

Aavas Financiers IPO Alerts

1. Aavas Financiers IPO Listing Date & Info  Friday, October 5, 2018 1:02:59 AM

The 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:

  • Listing Date: Monday, October 8, 2018
  • BSE Script Code:
  • NSE Symbol: AAVAS
  • Listing In:
  • ISIN: INE216P01012
  • Issue Price:
  • Face Value: 10

2. Aavas Financiers IPO Allotment Status  Thursday, October 4, 2018 4:39:22 AM

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.

3. Aavas IPO subscribed 50% on Day 2  Wednesday, September 26, 2018 11:34:37 AM

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.

4. Aavas Financiers IPO Opens on Sep 25, 2018  Friday, September 14, 2018 5:44:04 AM

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.

5. Aavas Financiers IPO Closes on Sep 27, 2018  Friday, September 14, 2018 5:44:04 AM

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.

Aavas Financiers IPO News & Events FAQs

The Aavas Financiers IPO is proposed to open on Sep 25, 2018. The IPO application ends on Sep 27, 2018.

Retail investors can apply in the retail or non-institutional investor category from Sep 25, 2018 to Sep 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 Sep 25, 2018. The public issue will close on Sep 27, 2018.