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News Details

05/08/2021 10:50

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Aptus Value Housing announces launch of initial public offering

Aptus Value Housing Finance India Ltd. has announced public offering of 78755000 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 351.00 per share. The gross proceeds of the issue are expected to be Rs 2,78,005.15 lakhs.

The company's initial public offer (IPO) will open on 10 August 2021 and is expected to close on 12 August 2021, subject to customary closing conditions. The price band of the issue has been fixed at Rs 346.00-353.00 per share.

The IPO includes a fresh Issue of 78755000 Equity Shares of the Company at an price of Rs 353.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 42 shares with bids in multiples of 42.

Aptus Value Housing Finance India Ltd. anticipates using the proceeds of the issue for .

Citigroup Global Markets India Pvt.Ltd.,Edelweiss Financial Services Ltd.,Kotak Mahindra Capital Company Ltd.,ICICI Securities Limited as lead manager(s) & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.