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

Vijay Prajapati
September 14, 2018

Vijay Prajapati

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
Email: [email protected]
Website: http://www.linkintime.co.in
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
Email: [email protected]
Website: www.aavas.in

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)

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