Aavas Financiers Limited
25 Sep 2018 – 27 Sep 2018
LISTED
Offer Price
₹818–821
Bid lot
18
Min Application
₹14,778
Issue Size
₹1,734 Cr
Key dates
Open date
25 Sep 2018
Done
Close date
27 Sep 2018
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
08 Oct 2018
Today
Issue reservation
₹1,734 CrQIB 50%Retail 35%
QIB
1.06 Cr sh · ₹867.00 Cr
Retail
73.9 L sh · ₹606.90 Cr
BRLM: ICICI Securities Limited · Citigroup Global Markets India Private Limited · Edelweiss Financial Services Limited · Spark Capital Advisors (India) Private Limited · HDFC Bank Limited.
Lot ladder — how much to bid
1 lot = 18 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
18 sh · ₹14,778
Max · 13 lots
234 sh · ₹1,92,114
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
252 sh · ₹2,06,892
Max · 67 lots
1,206 sh · ₹9,90,126
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
1,224 sh · ₹10,04,904
Entry point
₹10,04,904 onward
Issue details
Lead managersICICI Securities Limited, Citigroup Global Markets India Private Limited, Edelweiss Financial Services Limited, Spark Capital Advisors (India) Private Limited, HDFC Bank Limited.
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
1.73×
0×1×2×3×+
Fully subscribed
Book₹1,474 Cr
Subscribed₹2,553 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,05,60,293₹867.00 Cr | 2,92,52,010₹2,402 Cr | 2.77× |
| HNI | 31,68,088₹260.10 Cr | 8,23,703₹67.63 Cr | 0.26× |
| Retail | 73,92,205₹606.90 Cr | 18,48,051₹151.72 Cr | 0.25× |
| Total | 1,79,52,498₹1,474 Cr | 3,11,00,061₹2,553 Cr | 1.73× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 2,401.59 |
| HNI | 67.63 |
| Retail | 151.72 |
| Total | 2,553.32 |
Amounts at the upper band (₹821). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Aavas Financiers Limited IPO?
One lot of 18 shares — ₹14,778 at the upper price band of ₹821.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2018-10-08 on NSE.