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Aptus Value Housing Finance IPO Subscribed 17.2 Times On Day 3
Get the latest subscription updates from day 3 of Aptus Value Housing Finance IPO.
12 Aug 2021, 05:30 PM IST 
A picture depicting housing loans. (Source: Aptus Value Housing Finance website)
Investor interest in Aptus Value Housing Finance India Ltd.'s initial public offering picked up pace on the final day of subscription.
The IPO by the South India-focused home financier was subscribed 17.2 times on the third day. The company was looking to raise up to Rs 2,780 crore from the primary market, by selling shares at a price band of Rs 346 to Rs 353 per share.
The IPO included a fresh issue worth up to Rs 500 crore and an offer-for-sale of 6.46 crore shares, according to its IPO prospectus. The company intends to use the proceeds to strengthen its capital base.
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Subscription Details: Day 3
The IPO was subscribed 17.16 times as of 4 p.m. on Aug. 12.
Institutional investors: 32.41 times
Non-institutional investors: 33.90 times
Retail investors: 1.27 times