Tuesday, 24 August 2021

Aptus Value Housing Finance India Limited debut on bourses, Scrip recovers



 Aptus Value Housing Finance India Limited debut on bourses,

Scrip recovers 

 

Mumbai, August 24, 2021: Aptus Value Housing Finance India Limited, one of the largest housing finance companies in South India in terms of asset under management and having the largest branch network in South India among the peer set, as of March 31, 2021 (Source: CRISIL Report)listed on BSE at Rs. 329.95 at 6.53% discount over its issue price. The scrip got listed at NSE at Rs. 333 per share, a 5.66 % per cent discount over its issue price of Rs 353The shares of the company at day end closed at Rs. 346.50 per share on BSE and Rs. 352 per share on NSE.

 

The initial public offering was offered at a lower price band of Rs 346 per share and higher price band of Rs 353.

 

As per BSE, the total quantity traded stood at 16.21 lac shares with a delivery quantity percentage of 62.32%. Quantity traded and delivery percentage at NSE was approx. 3.25 crore shares and 66.47 % respectively. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1176.29 crore.

 

The Market Capitalization of the Company post today’s closing price stood at Rs. 17,171.87 crores as per BSE and Rs. 17,444.44 crores as per NSE. 

 

The Offer was comprising of a fresh issuance of Equity Shares, aggregating up to Rs.500 crores and an offer for sale of Equity Shares aggregating up to 64,590,695 Equity Shares by the Selling Shareholders. The portion reserved for retail investors was subscribed 1.35 times. While the Qualified Institutional Buyer category was subscribed 32.41 times, the Non-Institutional Investor category was subscribed 33.91 times.


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