114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5,174.44 Crs.  Total funds raised in 2025

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

114  Total SME IPOs listed in 2025

5174.44 Crs.  Total funds raised in 2,025.00

79  SME IPOs listed with Gain in 2025

35  SME IPOs listed with loss in 2025

Aavas Financiers IPO (Aavas Financiers Limited IPO) Detail

Aavas Financiers IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1734.07 Cr. The company is based in Jaipur and caters to Banking And Finance sector. Citigroup Global Markets India , Edelweiss Financial Services , Hdfc Bank , ICICI Securities are the merchant bankers of Aavas Financiers IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 20th June 2018.

Aavas Financiers IPO open date is 25th September 2018 and close date is 27th September 2018. IPO Allotment Date is 3rd October 2018 and Listing date is 8th October 2018.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

Aavas Financiers IPO Date

Date of DRHP:
20th June 2018
IPO Open Date:
25th September 2018
IPO Close Date:
27th September 2018
IPO Allotment Date:
3rd October 2018
Initiation of Refund:
4th October 2018
IPO Listing Date:
8th October 2018

Aavas Financiers IPO Info, Size, Subscription

Aavas Financiers IPO size is ₹ 1734.07 Cr. with IPO price of ₹ 821.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 1,734.07 Cr.

Issue Price:
₹ 821.00

Market Capitalisation :
₹ 0.00 Cr.

PE multiple :
56.00

Subscription :
0.97 times

Pre Issue Promoter Holding :
71.06 %

Post Issue Promoter Holding :
50.24 %

Aavas Financiers IPO Information

Sub Sector : Housing Finance
Aavas Financiers Limited is a retail affordable housing finance provider, primarily catering to low and middle-income self-employed customers in semi-urban and rural areas of India, where access to formal banking credit is often limited. According to an ICRA report, the company had the lowest Gross Non-Performing Assets (GNPAs) as of March 31, 2018, and achieved the second-highest growth rate in assets under management (AUM) over the last three financial years among affordable housing finance companies with AUM between '25 billion and '200 billion.
The company offers a range of home loan products, including loans for purchasing or constructing residential properties, as well as loans for the extension and repair of existing homes. The majority of the home loans disbursed were for single-unit properties to be
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Object of Issue (Aavas Financiers IPO Objectives)

  • The proceeds of the Offer for Sale will go to selling shareholders after deducting their portion of the Offer related expenses and relevant taxes thereonThe company will not receive anything from the proceeds of the offer for sale
  • The Net Proceeds of the Fresh Issue will be utilized towards augmenting the company's capital base to meet the future capital requirements arising out of growth in the business

Citigroup Global Markets India Private Limited is the book-running lead manager of the Aavas Financiers IPO. Link Intime India Private Limited is the Registrar for Aavas Financiers IPO.

Aavas Financiers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Aavas Financiers IPO?

Aavas Financiers IPO, based in Jaipur, operates in the   Banking And Finance sector with a focus on Housing Finance. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Aavas Financiers IPO size is ₹ 1734.07 Cr. with fresh issue size of ₹ 1,734 and Offer for sale being ₹ Nil

When is Aavas Financiers IPO allotment?

The IPO allotment date for Aavas Financiers IPO is expected to be 3rd October 2018, after the finalization of basis of allotment. Investors can check Aavas Financiers IPO allotment status on the registrars website, Link Intime India Private Limited . Aavas Financiers IPO refund dates are 4th October 2018.

When is Aavas Financiers IPO listing date?

Aavas Financiers IPO is expected to be listed on 8th October 2018.

What is the price band for Aavas Financiers IPO?

The upper price band for the Aavas Financiers IPO is set at ₹ 821.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Aavas Financiers IPO Review?

For IPO analysis on Aavas Financiers IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Aavas Financiers IPO?

To apply for the Aavas Financiers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 27th September 2018. After submission, funds are blocked until the basis of allotment of Aavas Financiers IPO is finalised.

Who is the merchant banker of Aavas Financiers IPO?

The merchant banker for Aavas Financiers IPO is Citigroup Global Markets India Private Limited , Edelweiss Financial Services Limited , Hdfc Bank Limited , ICICI Securities Limited . Citigroup Global Markets India Private Limited , Edelweiss Financial Services Limited , Hdfc Bank Limited , ICICI Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Aavas Financiers IPO RHP for further details.

Who is the Registrar of Aavas Financiers IPO?

The registrar for Aavas Financiers IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Aavas Financiers IPO through their official website or helpline.

What is the Aavas Financiers IPO subscription?

Aavas Financiers IPO was subscribed 0.97 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Aavas Financiers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Aavas Financiers Financial Review Page

Aavas Financiers IPO subscription was 0.97 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Aavas Financiers IPO listed at a listing price of 773.15 against the offer price of 821.00.

The current market price of Aavas Financiers is 1903.70.

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