Aptus Value Housing Finance IPO Subscription Day 1

Aptus Value

The Rs.2,780 crore IPO of Aptus Value Housing, consisting of Rs.500 crore fresh issue and Rs.2,280 crore OFS, was partially subscribed on Day-1. As per the combined bid details put out by BSE at the close of Day-1 of the issue, Aptus Value Housing IPO was subscribed 0.24X overall, with bulk of the demand coming from the retail segment followed by QIBs. The issue closes on 12th August.

In terms of numbers, out of the 551.29 lakh shares on offer in the IPO, Aptus Value Housing saw applications for 130.83 lakh shares. This implies an overall subscription of 0.24X. The granular break-up of subscriptions were in favour of retail investors.

Aptus Value Housing Finance IPO Subscription Status Day 1

Category Subscription Status
Qualified Institutional (QIB) 0.25 Times
Non-Institutional (NII) 0.01 Times
Retail Individual 0.33 Times
Total 0.24 Times


QIB Portion

The QIB portion got tepid response on Day-1. On 09 Aug, Aptus Value Housing did an anchor placement worth Rs.834 crore. QIB portion, net of anchor allocation, was subscribed 0.25X (getting applications for 39.99 shares against the available quota of 157.51 lakh shares) at the close of Day-1.

HNI Portion

The HNI portion got subscribed 0.01X (getting applications for 0.89 lakh shares against the quota of 118.13 lakh shares). However, funded applications and corporate applications typically come in on the last day only.

Retail Individuals

The retail portion got subscribed 0.33X at the close of Day-1, showing limited retail appetite. Out of the 275.64 lakh shares on offer, valid bids were received for 89.96 lakh shares, of which bids for 73.02 lakh shares were at the cut-off price. The IPO is priced in the band of (Rs.346-Rs.353) and will close for subscription on 12th August.


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