Aavas Financiers Limited IPO
Aavas Financiers Limited was a mainboard IPO in the Housing Finance Company sector, offered at ₹818–₹821 per share to raise ₹1,734 crore. The issue was subscribed 0.97× overall (QIBs 2.77×, NIIs 0.26×, retail 0.25×). It listed on 8 Oct 2018 at ₹750 and closed its first day at ₹774, a listing loss of -5.7% versus the ₹821 issue price. It now trades around ₹1,063 (+29.5% versus the issue price).
Frequently asked questions
- How many times was the Aavas Financiers Limited IPO subscribed?
- The Aavas Financiers Limited IPO was subscribed 0.97× overall — 2.77× in the QIB category, 0.26× among non-institutional investors, 0.25× in retail.
- What were the Aavas Financiers Limited IPO listing gains?
- Aavas Financiers Limited listed on 8 Oct 2018 at ₹750, closing its first day at ₹774 — a listing loss of -5.7% versus the ₹821 issue price.
- What were the retail allotment odds for the Aavas Financiers Limited IPO?
- Retail was subscribed 0.25×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 2 Oct 2018.
- What was the price band and lot size of the Aavas Financiers Limited IPO?
- The price band was ₹818–₹821 per share, with a minimum lot of 18 shares (₹14,778 at the upper band).
- Who were the registrar and lead manager for the Aavas Financiers Limited IPO?
- Link Intime India Private Limited was the registrar, and ICICI Securities was the book-running lead manager.