Friday, June 09, 2017

Au Financiers IPO Dates, Price Band, Market Lot Details

With the list of the IPOs one more name in the list if Au Financiers. Just think about RBL Bank what it did with the listing it might repeated with Au Financiers as well. They are Jaipur based small bank coming with initial public offer with fresh sale. As per DRHP  existing shareholders will sell 5.34 crore shares through offer for sale. Au Financiers (India) Ltd. reduced their foreign holding to 49%. There are few names like Kedaara Capital, ChyrsCapital Investment Advisors India Pvt Ltd, International Finance Corporation and Warburg Pincus exited the company.

We are expecting good gmp in Au Financiers and will surely list in good premium. The price band will be key for the bank to have catch investors.
Au Financiers IPO Review:
  • Apply for Listing Gain & Long Term View
Au Financiers IPO Dates & Price Band:
  • IPO Open: 28-June-17
  • IPO Close: 30-June-17
  • IPO Size: Approx Rs. 1912 Crores (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 355 to 358 Per Share
  • Listing on: BSE & NSE
Au Financiers IPO Market Lot:
  • Shares: Apply for 41 Shares (Minimum Lot Size)
  • Amount: Rs.14,678
Au Financiers IPO Allotment & Listing:
  • Basis of Allotment: 05-July-17
  • Refunds: 06-July-17
  • Credit to demat accounts: 07-July-17
  • Listing: 10-July-17
Au Financiers Financial:

Financial Performance (INR in crore)

20122013201420152016FY2017 (6M)
Profit After Tax37.369.472.5139.4247.2685.3*

Company Promoters:
Mr. Sanjay Agarwal
Ms. Jyoti Agarwal
Ms. Shakuntala Agarwal
Mr. Chiranji Lal Agarwal

Quick Links:
DRHP Draft Prospectus

Au Financiers IPO Registrar:
Link Intime India Private Limited
Tel: +91 22 6171 5400
Fax: +91 22 2596 0329
Investor grievance e-mail:
Website :
Contact person: Ms. Shanti Gopalkrishnan

Au Financiers IPO Lead Managers:
ICICI Securities Limited
HDFC Bank Limited
Motilal Oswal Investment Advisors Private Limited
Citigroup Global Markets India Private Limited

Company Address:
Registered Office:
19-A Dhuleshwar Garden, Ajmer Road,
Jaipur 302001, Rajasthan, India
Corporate Office:
D-313, 3rd Floor, Kanakia Zillion,
Junction of CST Road and L.B.S. Marg,
Kurla (West), Mumbai – 400 070, Maharashtra,
Contact Person : Mr. Manmohan Parnami
Company Secretary and Compliance Office
Tel:+91 141 4110060
Fax:+91 141 4110090

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