Read Aptus Value Housing Finance IPO Date Price GMP DRHP Listing Allotment Details Review & How To Buy and company data and Grey market price in Comments, Article Published in Initial public offering section on e akhabaar
Aptus Value Housing Finance plans to offer Rs 500 crore Public issue. The housing finance sector is all set to launch its first-ever IPO this year. The Company filed a draft red paper (DRHP) with stock exchange regulatory authority SEBI. The details have been revealed by the senior officials of the company. Aptus was founded by M Ananda, former CEO, and director of the Financial Services Businesses in Murugappa Group.
According to details, the IPO will issue an offer sale of 64.59 million by its current shareholders and promoters. An offer for sale comprises the sale of 2.5 million shares by Padma Anandan, 5 lakh shares by Westbridge Crossover Fund LLC, 19.76 million shares by Aravali Investment Holdings, 27.88 million shares by JIH II LLC, 9.99 million shares by Ghiof Mauritius, and 3.72 million shares by Madison India Opportunities IV.
Till now it was observed that Aptus Value Housing Finance having a brilliant growth rate and the revenue has surged than previous Financial Year. With the exponential growth, the company made 181 branches with total assets under management of Rs 37.91 billion.
In the year 2023 FY they had an income of Rs 523.72 crore while a year ago they had Rs 337.11 crore revenue. Recently it was found that the company disbursed the huge loan of Rs 8,788.48 million.
Aptus Value Housing Finance IPO Date
There are many investors who eagerly waiting for this IPO and waiting for the launch. On the basis of current news, it will be launch in June 2023. But the exact date is yet to be announced officially.
Aptus Value Housing Finance Share Price
Probably the share price will be set between Rs 500 to Rs 800 as we expecting. Once the details will be announced and IPO will be an issue then you can buy it through your sharebroker.
Aptus Value Housing Finance Issue
Currently, as details come officially so this Issue will bring Rs 500 crore issue size. Possibly there will be a huge number of shares available for retail as well as corporate investors.
How to Buy Aptus Value Housing Finance IPO Shares
You can buy this Initial Public Offer (IPO) via your Demat account. But if you don’t have a Demat account then you need to open your account first with any SEBI registered Sharebroker which will help you to buy and sell shares in Open Market.
Post your comments and queries about GMP of Aptus Value Housing Finance IPO Date Price GMP DRHP Listing Allotment Details Review & How To Buy below.