Friday, September 14, 2018

Aavas Financiers IPO Dates, Review, Price Band & Market Lot Details

Aavas Financiers Limited ipo dates fixed on 25-September and ends on 27-September. The company is incorporated in 2011 based in Jaipur. Aavas Financiers provides retail and affordable housing loans in semi urban and rural areas in India. They provide loans to purchase homes, residential properties and for the repair or extension of existing housing units. Aavas Financiers has the lowest GNPAs as per ICRA and their growth is good in last few years. The loan against property accounted for 22.44% of company's total gross loan assets. They have more than 160 branches in 92 districts within 8 states. They have presence in Gujarat, Rajasthan, Maharastra and Madhya Pradesh. Aavas Financiers has over 1800 employees in operations. Stay tuned for Aavas Financiers ipo dates, price band and more details.

Aavas Financiers IPO Review:
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Aavas Financiers IPO Dates & Price Band:
  • IPO Open: 25-September-2018
  • IPO Close: 27-September-2018
  • Issue Size: Approx Rs. 1734 Crore (Approx)
  • Offer for Sale: 16,249,359 Equity Shares
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs. 818 to 821  Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
Aavas Financiers IPO Market Lot:
  • Shares: Apply for 18 Shares (Minimum Lot Size)
  • Amount: Rs.14,778
Aavas Financiers IPO Allotment & Listing:
  • Basis of Allotment: 03-October-2018
  • Refunds: 04-October-2018
  • Credit to demat accounts: 05-October-2018
  • Listing: 06-October-2018
Read Also
IPO Grey Market Premium
IPO Subscription Numbers
IPO Listing Date

Aavas Financiers Financial:
  Rs. in Crore
Revenue Expense PAT
2014 54.3 44.9 6.3
2015 103.6 74.8 19.1
2016 190.8 140.9 32.8
2017 305.5 217.9 57.1
2018 457.2 315.5 92.9
Company Promoters:
  • Lake District Holdings Limited
  • Partners Group ESCL Limited
Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

Aavas Financiers IPO Registrar:
Link Intime India Private Limited
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Note: Check Aavas Financiers ipo allotment status on Linkintime website allotment url. Click Here

Aavas Financiers IPO Lead Managers:
  • Edelweiss Capital Limited
  • HDFC Bank Limited
  • ICICI Securities Limited
  • Spark Capital Advisors (India) Private Limited
  • Citigroup Global Markets India Private Limited
Company Address:
Aavas Financiers Limited
201-202, 2nd Floor, South End Square
Mansarover Industrial Area
Jaipur 302 020
Phone: +91 141 6618 800
Fax: +91 141 6618 861

Note: The ipo price band and dates will be added as it will be officially announced. The ipo grey market premium (ipo gmp) will be added on the grey market page as it will start)