Compiled in 2009, Aptus Value Housing is a real estate financing company that specializes in low- and middle-income self-employed clients in both rural and urban markets. According to a CRISIL report, it is one of the largest real estate finance companies in South India according to AUM of 37,909.31 million as of December 31, 2020.
The company offers home loans to clients who sell real estate, residential building, housing development and expansion, property lending, and business loans. Perform all types of lending activities such as soliciting, writing, balancing, and legal collateral testing, credit testing, and collection. As of December 31, 2020, the total housing loan amounted to 51.76% of AUM. As of December 31, 2020, 99.42% of AUM was from low-income and middle-income customers with a monthly income of less than Rs. 50,000.
Competitive Strengths
- One of the largest housing finance companies in South India in terms of AUM.
- A strong network of 181 branches across 75 districts and union territory of Puducherry.
- Presence in large, underpenetrated market with strong growth potential.
- Robust credit risk management from origination to collections leading to assure strong asset quality.
- Established financial performance track record.
Company Promoters
M. Anadan, Padma Anandan, and Westbridge Crossover Fund, LLC are the company promoters.
Company Financials
| Particulars | For the year/period ended (₹ in million) | |||
|---|---|---|---|---|
| 31-Dec-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 40,975.98 | 37,467.24 | 23,275.77 | 14,453.37 |
| Total Revenue | 4,733.96 | 5,237.20 | 3,371.15 | 2,021.47 |
| Profit After Tax | 1,913.95 | 2,110.12 | 1,115.57 | 665.71 |
Objects Of The Issue
- To augment company’s capital base to meet future capital requirements.
- To meet issue related expenditures.
- To achieve share listing benefits on the stock exchanges.
Aptus Value Housing Finance IPO Details
| IPO Opening Date | 10 Aug 2021 |
| IPO Closing Date | 12 Aug 2021 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 2780 Crore |
| Face Value | ₹2 per equity share |
| IPO Price | [346] To [353] Per Equity Share |
| Market Lot | 42 Shares |
| Min Order Quantity | 42 Shares |
| Listing At | BSE NSE |
| Total Share Issue | – |
| Register | KFintech Private Limited |
Aptus Value Housing Finance IPO – Tentative Timetable
| IPO Open Date | 10 Aug 2021 |
| IPO Close Date | 12 Aug 2021 |
| Basis of Allotment Date | 18 Aug 2021 |
| Initiation of Refunds | 19 Aug 2021 |
| Credit of Shares to Demat Account | 20 Aug 2021 |
| IPO Listing Date | 24 Aug 2021 |
Aptus Value Housing Finance IPO Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 42 | 14,826 |
| Maximum | 13 | 546 | 1,92,738 |
Company Contact Information
| Aptus Value Housing Finance India Ltd No. 8B, Doshi Towers, 8th Floor, No: 205 Poonamallee High Road, Kilpauk, Chennai 600 010, Phone: +91 44 4565 0000 Email: cs@aptusindia.com Website: http://www.aptusindia.com/ |
Aptus Value Housing Finance IPO Registrar
| KFintech Private Limited KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana India – 500 032. Phone: 04067162222, 04079611000 Email: aptus.ipo@kfintech.com Website: https://karisma.kfintech.com/ |
Aptus Value Housing Finance IPO FAQs
| What is Aptus Value Housing Finance IPO? Aptus Value Housing Finance IPO is a main-board IPO of [.] equity shares of the face value of ₹2 aggregating up to ₹[]Crores. The issue is priced at [.] to [.] per equity share. The minimum order quantity is. The IPO opens on Aug 10, 2021, and closes on Aug 12, 2021. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE. |
| When Aptus Value Housing Finance IPO will open? The Aptus Value Housing Finance IPO opens on Aug 10, 2021 and closes on Aug 12, 2021. |
| What is the lot size of Aptus Value Housing Finance IPO? Aptus Value Housing Finance IPO lot size and the minimum order quantity is 42 Equity Shares. |
| How to apply for Aptus Value Housing Finance IPO? You can apply in Aptus Value Housing Finance 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. |
| When is Aptus Value Housing Finance IPO listing date? The Aptus Value Housing Finance IPO listing date is not yet announced. The tentative date of Aptus Value Housing Finance IPO listing is [24 August 2021]. |
