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.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.
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.
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
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.
Aavas Financiers IPO is expected to be listed on 8th October 2018.
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.
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.
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.
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.
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.
Aavas Financiers IPO was subscribed 0.97 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
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
Merchant Banker(s) of Aavas Financiers IPO: Citigroup Global Markets India Private Limited , Edelweiss Financial Services Limited , Hdfc Bank Limited , ICICI Securities Limited
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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