Proven track record of financial performance.

sourcing, valuation, credit assessment, collection, and others. Let us tell you that Aptus Value Housing Finance IPO got a good subscription from investors Aptus Value Housing Finance IPO Subscription to all Got good subscription in the.

Comprehensive range of lending services i.e. Aptus Value Housing Finance IPO allotment status will be done on 18 August 2021, and investors whose bids are not completed, their money will be refunded on 20 August 2021.

Strong market presence in the underpenetrated markets with strong growth ptential.

One of the largest housing companies in South India with AUM of Rs.

Aptus Value Housing Finance IPO Strengths It generates the majority of AUM from the home loan category where for the period ending on Dec 31, 2020, 51.76% AUM was driven from the particular segment. It further serves customers with loans against property and business loans. As you can see the average score it has is very high, indeed, it achieves the best score it can earn. At present this business has a rating of 5.0 over 5 and that score has been calculated on 1 review. The company has a very strong market presence in the rural and semi-urban markets where it provides home loans to retail customers for varied purposes such as buy homes, construct residential property, home extension, and improvement, etc. We have all the reviews of people like you who consume the services of Aptus Financial (Financial Consultant) near Arkansas. The company is a retail-focused housing finance firm that majorly provides housing loans to retail means low and middle-income level customers. 37,909.31 million as of Dec 31, 2020, as per the CRISIL report. 'We assign a “Subscribe” rating to this IPO as the company has a presence in large underpenetrated markets with strong growth potential,' it said.About Company - Aptus Value Housing FinanceĪptus Value Housing Finance is among one of the largest housing finance companies in South India in terms of a total AUM of Rs. Marwadi Shares and Brokers said at FY-21 adjusted book value per share of of Rs 50.03, the HFC would list at a P/BV of 7.06 on a post-issue basis, with a market cap of Rs 17,494 crore while peer Aavas Financiers is trading at a P/B of 8.47. Salaried individuals accounted for the remaining 27.5 per cent loans. As of December 31, 2020, its assets under management (AUM) consisted of 72.5 per cent loans given to self-employed individuals. The retail focussed HFC is primarily serving low and middle-income self-employed customers in the rural and semi-urban markets of India. This brokerage has advised 'subscribe with caution'. However, demanded market cap at Rs 17,494 cr at P/BV of 7.1 times for a company having AUM of Rs 4,068 cr seems overpriced,' Choice Broking said. With contained credit cost, strong disbursements management and focus on underpenetrated low- and mid-income segment, business growth, and profitability is expected to remain robust going forward. Yet it this it comes with a fresh issue of Rs 500 crore. 'The company is well capitalised for future growth (CAR stood at 73.6 per cent in FY21). While Aavas financier trades at P/BV of 8.1 times, its asset under management (AUM) is more than double of Aptus'. Peer Home First finance trades at a trailing P/BV of 3.6 times.

Find Reviews, Ratings, Directions, Business Hours, Contact Information and book online appointment. On a post-issue basis, the IPO is valued at 7.1 times the book value of Rs 50.10, Choice Broking said while suggesting the issue is aggressively priced. One of the best Financial Services, Finance business at 2 Van Cir, Little Rock AR, 72207. The brokerage has a 'subscribe for long term' rating to the issue. However, valuations at 5.4 times on post-money book and 45 times on FY23 earnings do not leave much upside in the near term,' said Antique Stock Broking. Aptus Value Housing Finance India IPO will open for subscription next week on August 10, as the company looks to raise Rs 2,780 crore from the primary market. 'While the progress in affordable housing in India has been rather slow, with total outstanding loans at mere Rs 88,000 crore (3 per cent of mainstream housing), Aptus has crafted its own success story through a combination of identifying the right customer profile, the right collateral and heavy usage of analytics, systems and process. Aptus serviced 58,069 active loan accounts as of FY21 with a gross loan book of Rs 4,068 crore.

The HFC has 190 branches across 75 districts in four different states, with a presence in Tamil Nadu, Andhra Pradesh, Telangana, and Karnataka. It does not offer any loans to builders or for commercial real estate. Aptus targets first-time home buyers in low and middle-income groups and self-employed customers. On the block is a fresh issue of Rs 500 crore and an offer for sale (OFS) of up to 6,45,90,695 equity shares. The IPO is being sold in Rs 346-353 price band.

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