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Aavas Financiers Limited logo

Aavas Financiers Limited IPO

Mainboard IPOListedAAVASNSE
Current Market Price (CMP)
₹1,114.10(+35.70%)
Current Price (CMP)
₹1,114.10(+35.70%)

Live Market Quote

Listing Price & Gain
₹750(-8.65%)

Day 1 Exchange Open

IPO Issue Price
₹821

Band: ₹818 - ₹821

Total Subscription
0.97x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
25 Sept 2018
IPO Bidding Closes
27 Sept 2018
Allotment & Refunds
Completed
Exchange Listing Day
08 Oct 2018

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 0.97x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)2.77x
Non-Institutional Investors (NII / HNI)0.26x
Retail Individual Investors (RII)0.25x
Total Subscription0.97x
Updated as on 27th September 2018 at 1800 hrs

Listing Day & Return Performance

Listing Day Gain-8.65%
₹821 (Issue) → ₹750 (List)
Per share profit: ₹-71.00
Holding Return (Till Date)+35.70%
₹821 (Issue) → ₹1,114.10 (CMP)
Net gain per share: +₹293.10
Post-Listing Performance (Listing Day → Today):+48.55%

About Aavas Financiers Limited IPO

Aavas Financiers Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 25 Sept 2018 and concluded on 27 Sept 2018, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹818 - ₹821.

During the bidding window, Aavas Financiers Limited closed with a subscription of 0.97 times. Institutional investors (QIB) subscribed 2.77x, non-institutional high-net-worth investors (NII) subscribed 0.26x, and retail individual investors (RII) bid 0.25x their reserved quota.

The equity shares of Aavas Financiers Limited officially debuted on the stock exchanges on 08 Oct 2018 at an opening listing price of ₹750, delivering a listing day return of -8.65% (discount) over the final issue price. As per the latest market data, the stock trades at ₹1,114.10, representing an overall gain of +35.70% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Aavas Financiers Limited IPO?
The issue price of Aavas Financiers Limited IPO was fixed at ₹821 per equity share. The indicative bidding price band was ₹818 - ₹821.
What were the open, close, and listing dates for Aavas Financiers Limited IPO?
Aavas Financiers Limited IPO opened on 25 Sept 2018, closed on 27 Sept 2018, listed on 08 Oct 2018.
How much was Aavas Financiers Limited IPO subscribed?
The IPO received an overall subscription of 0.97 times. Category-wise, QIBs subscribed 2.77x, NIIs subscribed 0.26x, and Retail investors subscribed 0.25x.
What was the listing price and listing gain of Aavas Financiers Limited IPO?
Aavas Financiers Limited IPO listed on the stock exchange at ₹750, delivering a listing discount of 8.65% compared to the IPO issue price of ₹821.
Is Aavas Financiers Limited IPO a Mainboard or SME IPO?
Aavas Financiers Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Aavas Financiers Limited IPO since its IPO?
At the latest market quote of ₹1,114.10, Aavas Financiers Limited IPO has generated an all-time return of +35.70% since its initial public offering.

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