Exchanges
BSE, NSE
Issue
Book building

Aavas Financiers IPO

₹774.35

−5.68% on listing

Listing-day close · NSE · 8 Oct 2018 · issue price ₹821

Aavas Financiers’ ₹1,640 crore IPO was priced at ₹821 a share. It listed on the NSE on 8 Oct 2018 and closed its first day at ₹774.35, down 5.68% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹1,640 Cr
Fresh issue
₹360 Cr
Offer for sale
₹1,280 Cr
Lot size
18 shares
Minimum investment
₹14,778
Face value
₹10
Registrar
MUFG Intime India

Subscription

Aavas Financiers IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—0.97×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹6,420 Cr
Promoter holding
81.26% → 57.45%

From the offer documents.

Listing

Listing date
8 Oct 2018
Issue price
₹821
Open
₹750.00
High
₹787.00
Low
₹710.05
Close
₹774.35

Listing day on the NSE. The close was −5.68% on the issue price.

AAVAS share price today

FAQs

When did the Aavas Financiers IPO open and close?

It opened on 25 Sep 2018 and closed on 27 Sep 2018.

What was the Aavas Financiers IPO price?

The price band was ₹818–821 a share. The final issue price was ₹821.

What is the lot size and minimum investment?

One lot is 18 shares, ₹14,778 at ₹821 a share. Retail investors apply in whole lots.

How much did Aavas Financiers raise?

₹1,640 crore: ₹360 crore of new shares and ₹1,280 crore offered by existing shareholders.

How many times was the Aavas Financiers IPO subscribed?

0.97 times overall.

How did Aavas Financiers list?

It listed on the NSE on 8 Oct 2018 at ₹750.00 and closed the day at ₹774.35, down 5.68% on the ₹821 issue price.

Who is the registrar of the Aavas Financiers IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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