Aptus Value Apartment Finance: The shares are acceptable to be listed on August 24
Aptus Value Apartment Accounts will finalise the allocation of shares today i.e. August 18. The Rs 2,780 crore antecedent accessible alms (IPO) of the apartment accounts company, which concluded on August 12, was subscribed 17.2 per cent. The aggregation accustomed bids for 94.82 crore shares as adjoin 5.51 crore on offer, as per abstracts accessible on the NSE website. The shares are acceptable to be listed on the BSE and NSE on August 24.
The able institutional buyers (QIBs) articulation was subscribed 32.41 times, non institutional investors articulation was subscribed 33.91 times and retail alone investors, 1.35 times.
The IPO had consisted of a beginning affair of Rs 500 crore and an action for auction of up to 6,45,90,695 shares by absolute shareholders.
Incorporated in 2009, Aptus Value Apartment Accounts is one of the arch apartment accounts companies in South India. It offers home loans for acquirement of residential properties, and mainly targets first-time homebuyers in low and middle-income groups as able-bodied as self-employed customers.
ICICI Securities, Citigroup Global Markets India, Edelweiss Financial Services and Kotak Mahindra Capital Aggregation are the book active advance managers to the IPO, admitting KFin is the agent to the issue.
Here's how to analysis the allocation allocation cachet of Aptus Value Apartment Finance
Enter the appliance cardinal / appliance number/ DPID/Client ID/PAN
Enter the appliance cardinal and Permanent Account Cardinal (PAN).
Aptus Value Apartment Accounts IPO Subscribed 24% On First Day Of Issue
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