Aptus Value Housing Finance India Limited

About the company

Incorporated in 2009, Aptus Value Housing Finance focuses predominantly on giving loans to low-and-middle-income self-employed individuals in rural and semi-urban areas. It offers loans for purchasing and self-construction of residences, home improvement and extension, loans against property and business loans. Aptus has the largest network of branches in south India among its peers. As of March 2021, the company had 190 branches in 75 districts in Tamil Nadu, Andhra Pradesh, Telangana and Karnataka. It is one of the largest housing finance companies in south India in terms of asset under management (AUM). Its AUM has grown at a CAGR of 34.5% between FY19 and FY21. The lender has a strong return on asset ratio of 5.7%, which is the highest among its peers. Further, the company has not restructured or written off any loans since its inception. Between FY19 and FY21, its gross non-performing assets (NPAs) have marginally gone up from 0.40% to 0.68% of the overall loans book. In the same period, its net interest income and net profit have grown at a CAGR of 46.6% and 55.3%, respectively.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   10 Aug 2021

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   12 Aug 2021

   Last day to place your bid

3. Basis of Allotment

   Completed
   12 Aug 2021

   Share allotment finalised

4. Refund Initiation

   Completed
   20 Aug 2021

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   18 Aug 2021

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   24 Aug 2021

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.