FRANCHISE TRADE NOW OPEN AN ACCOUNT GLOBE E-KYC
IPO News
Prev Next
As on Oct 08, 2018 12:00 AM Your results on : IPO News    
AAVAS Financiers lists at discount
08-Oct-2018 (10:34)
Dinesh Engineers withdraws IPO
04-Oct-2018 (09:34)
Dinesh Engineers IPO subscribed 17%
03-Oct-2018 (17:49)
Garden Reach Shipbuilders & Engineers IPO subscribed 1.02 times
02-Oct-2018 (09:16)
Dinesh Engineers IPO subscribed 5%
28-Sep-2018 (18:09)
Aavas Financiers IPO subscribed 97%
28-Sep-2018 (11:04)
Aavas Financiers IPO subscribed 49%
27-Sep-2018 (18:10)
Garden Reach Shipbuilders & Engineers IPO subscribed 68%
27-Sep-2018 (18:06)
Aavas Financiers IPO subscribed 29%
26-Sep-2018 (17:35)

The initial public offer (IPO) of Aavas Financiers received bids for 43.17 lakh shares today, 26 September 2018, as against 1.47 crore shares on offer, as per the National Stock Exchange of India (NSE) website data at 17:00 IST. The issue was subscribed 0.29 times. The issue opened for subscription on 25 September 2018 and closes on 27 September 2018. The price band for the issue has been fixed at Rs 818 to Rs 821 per share.

Ahead of the opening of the IPO, the board of directors of the company at its meeting held on 24 September 2018, finalised allocation of 63,36,439 equity shares to anchor investors at Rs 821 per share.

Aavas Financiers was incorporated in Jaipur, Rajasthan, on 23 February 2011. The retail and affordable housing finance company primarily serves low- and middle-income self-employed customers in semi-urban and rural areas with limited access to formal banking credit. Gross non-performing assets (NPAs) were the lowest end March 2018 and assets under management (AUMs) were second-fastest growing in the last three financial years among affordable housing finance companies with AUMs between Rs 2500 crore and Rs 20000 crore.

The IPO is to collect between Rs 1729.20 crore by issuing 2.114 crore shares at the lower band of Rs 818 per share (face value Rs 10 per share) and Rs 1734.07 crore by issuing 2.112 crore shares at the upper band of Rs 821 per share.

The issue consists of a fresh issue of equity shares (0.487 - 0.489 crore shares) aggregating up to Rs 400 crore and offer for sale (OFS) of 1.62 crore equity shares aggregating up to Rs 1329.20 - 1334.10 crore.

The net proceeds of the fresh issue are proposed to be utilized for increasing the Tier I capital base to meet future capital requirement that are expected to arise out of growth of business and assets, primarily housing loans and other mortgage loans, and to ensure compliance with the National Housing Board guidelines. Further, there will be the benefits of listing of the equity shares on the stock exchanges, enhancement of the brand name and creation of a public market for equity shares in India. The net proceeds will be sufficient to satisfy the Tier- I capital requirements for FY2019.

Aavas Financiers reported profit after tax of Rs 92.93 crore on total income of Rs 457.25 crore in the year ended March 2018.

Garden Reach Shipbuilders & Engineers IPO subscribed 67%
26-Sep-2018 (17:23)
Aavas Financiers IPO subscribed 4%
25-Sep-2018 (17:39)
Garden Reach Shipbuilders & Engineers IPO subscribed 3%
25-Sep-2018 (17:19)
Garden Reach Shipbuilders & Engineers IPO subscribed 1%
24-Sep-2018 (18:03)
Ircon International IPO subscribed 9.90 times
20-Sep-2018 (11:08)
Connect with us :   
Globe
About us
Our Services
Milestones
Memberships
Core Values
Investor Relations
Product & Services
Broking
Institutional Broking
PMS
Clearing Services
Distribution
Research
Depository
Trade & Products
Globe Connect Pro
Globe Trade Smart
Globe Connect Mobile/Tablet
Globe News Connect
Globe e-KYC Application
Back Office
Back Office
CMS
CMS-TM
KYC/KDC Status
Mutual Fund
CAMS
RMS Policy
Helpdesk
Download Forms
Useful Links
BSE
NSE
SEBI
RBI
MCX
NCDEX
Exchange Holidays
Anti-Money Laundering Policy
Policies, Procedures, Rights, Obligations and RDD

Funds Payout Policy
Guidance Note on FATCA and CRS May 2016
Right and Obligation, RDD, Guidance Note in Vernacular Language - Equity | Commodity
Additional Risk Disclosure for Trading into Commodity options
In case of any grievances pleae write to
Investor_trading@globecapital.com /  igr@globecapital.com (For Trading)     globedp@globecapital.com (For DP)    Investor_pms@globecapital.com (For PMS)     
commigr@globecapital.com (For Commodities)
Equity SEBI Registration No INZ000177137. Exchange Registration Nos NSE : TM No. - 06637, Clearing No.- M50302 | BSE : Clearing No.- 3179 | MSEI : TM Code-1004, Clearing Member Code- 4 | SEBI Registration for DP : IN-DP-NSDL-97-99, NSDL- DP ID: IN300966, CDSL DP ID: 12020600 | SEBI Research Analysts Registration No. INH100001187 | SEBI PMS Registration No. INP00000236
* Through subsidiary Globe Commodities Ltd. --> Commodity SEBI Regn. No. - INZ000024939, Exchange Regn. Nos. - MCX CM ID: 8550 TM ID: 10735, NCDEX CM ID: M50011 TM ID: 00012, NMCE ID: CL0111, ICEX ID: 1009, NCDXSPOT-CR-07-10011,
** Through step in subsidiary Globe Comex International DMCC --> DGCX **TM Id.1064, CM Id.3064*
"We also do Pro-Account trading in Commodity Segment.."
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."
Attention Investors:
"Prevent Unauthorised transactions in your account --> Update your mobile numbers/email IDs with your Stock Brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors"
"Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors."
"No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
© 2013 Globe Capital Market Limited. All rights reserved
Designed, Developed and Content powered by C-MOTS Infotech (ISO 9001:2015 Certified) Privacy Policy Disclaimer Terms and Conditions