A housing finance company, Aavas Financiers IPO launched its initial public offering (IPO) worth its 1,734 crores for the subscription on Tuesday. The public issue consists a fresh issue of around INR 400 crore and also an offer for sale around 1,62,49,359 equity shares by Partners Group ESCL, Lake District Holdings, Kedaara Capital Alternative Investment Fund, Partners Group Private Equity Master Fund LLC, Vivek Vig, and Sushil Kumar Agarwal.<\/p>\n
Let\u2019s have a look at the IPO details:<\/strong><\/p>\n Issue Open:<\/strong>\u00a0September 25 \u2013 27, 2018<\/p>\n Issue Size:<\/strong>\u00a021,121,437 equity shares<\/p>\n Issue Price:<\/strong>\u00a0INR 818 \u2013 INR 821 per Equity Share<\/p>\n Minimum Order Quantity:<\/strong>\u00a018 Equity Shares<\/p>\n Listing At:<\/strong>\u00a0NSE, BSE<\/p>\n Promoters of the company:<\/strong>\u00a0Lake District & ESCL<\/p>\n About Aavas Financiers:<\/strong><\/p>\n Started in 2011, Aavas Financiers\u00a0Limited is a Jaipur based company engaged in the business of offering affordable housing finance to low & middle-income self-employed clients in rural and semi-urban areas in India. The company provides house loans to its clients for the purchase or development of residential properties and for the repair and extension of existing homes as well.<\/p>\n","protected":false},"excerpt":{"rendered":" A housing finance company, Aavas Financiers IPO launched its initial public offering (IPO) worth its 1,734 crores for the subscription…<\/p>\n","protected":false},"author":1,"featured_media":1089,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"yoast_head":"\n