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The Rs.2,780 crore IPO of Aptus Value Housing, consisting of Rs.500 crore fresh issue and Rs.2,280 crore OFS, got a good response on Day-3. As per the combined bid details put out by BSE at the close of Day-3 of the issue, Aptus Value Housing IPO was subscribed 17.20X overall, with bulk of the demand coming from the HNI and QIB segments. The issue has closed 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 9,482.42 lakh shares. This implies an overall subscription of 17.20X. The granular break-up of subscriptions were in favour of HNI and QIB investors.
Aptus Value Housing Finance IPO Subscription Status Day 3
| Category | Subscription Status |
| Qualified Institutional (QIB) | 32.41 Times |
| Non-Institutional (NII) | 33.91 Times |
| Retail Individual | 1.35 Times |
| Total | 17.20 Times |
QIB Portion
The QIB portion got solid response on Day-3. On 09 Aug, Aptus Value Housing did an anchor placement worth Rs.834 crore. QIB portion, net of anchor allocation, was subscribed 32.41X (getting applications for 5,104.87 lakh shares against the available quota of 157.51 lakh shares) at the close of Day-3. QIB applications were largely bunched on the last day.
HNI Portion
The HNI portion got subscribed 33.91X (getting applications for 4,005.43 lakh shares against the quota of 118.13 lakh shares). The funded applications and corporate applications came in heavily on the last day.The HNI portion got subscribed 33.91X (getting applications for 4,005.43 lakh shares against the quota of 118.13 lakh shares). The funded applications and corporate applications came in heavily on the last day.
Retail Individuals
The retail portion got subscribed 1.35X at the close of Day-3, showing fair retail appetite. Out of the 275.64 lakh shares on offer, valid bids were received for 372.12 lakh shares, of which bids for 292.87 lakh shares were at the cut-off price. The IPO is priced in the band of (Rs.346-Rs.353) and has closed for subscription on 12th August.
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