GMP Aptus Value IPO Today’s share price, allotment status, and dates may all be found on this page. Here you may find the Aptus Value IPO GMP, Allotment, and Gray Market price details. Aptus Value IPO GMP will be available to the public on August 10, 2024. The company would offer equity shares at a price range of Rs 346-353 per share. And in this article, we will go over everything, including the Aptus Value IPO, share price, allotment dates, and so on.
Aptus Value IPO GMP
The company’s business is to provide loans to individuals purchasing residential homes as well as to provide loans against property. The IPO will make approximately 6,45,90,695 equity shares available for purchase. Through this approach, a total of Rs 2,780.crore rupees will be raised. The company will be able to meet its tier-I capital requirement as a result of the IPO.
Before investors can bid, a minimum of 42 equity shares must be offered, followed by 42 equity shares in Multiples. Retail investors will need to deposit a minimum of Rs 14,826 to invest in the 13 lots. They can only go up to Rs 1,92,738. Qualified investors will receive at least 50% of the offer. The retail investor proportion is 35%, while the non-institutional investor share is 15%.
Aptus Value Inc. Subscription
It serves predominantly low- and above-average-income customers who are self-employed. During the fiscal year 2024, the company’s ROA was 5.7 percent, the highest among peers. Aptus was one of the largest finance organizations in terms of assets under management as of March 31, 2024.
Aptus’ credit expenses as a proportion of total assets were 0.14 percent, 0.11 percent, and 0.06 percent in fiscal years 2024, 2020, and 2019. It offers home loan packages for home purchases and self-construction, as well as loans for home remodeling and extension, property loans, and business loans. It only serves retail clients, while builders and commercial property owners are not eligible for financing.
