Aptus Value Housing Finance has raised Rs.834 crore from anchor investors, just one day ahead of its IPO opening. The IPO opens on 10 August and closes on 12 August. Under the anchor placement program, Aptus will allocate 2.363 crore shares to anchor investors at Rs.353 per share. This pegs the transaction value at Rs.834 crore.
The anchor list includes some marquee names like WF Asian Fund, Neuberger Berman, Aberdeen, Steadview, Copthall Mauritius, SmallCap World Fund, Nomura, Axis Mutual Fund etc. Aptus operates in the niche of funding homes in rural and semi-urban areas and caters to people in the lower and middle income groups.
Aptus Value Housing Finance has raised Rs.834 crore from anchor investors, just one day ahead of its IPO opening. The IPO opens on 10 August and closes on 12 August. Under the anchor placement program, Aptus will allocate 2.363 crore shares to anchor investors at Rs.353 per share. This pegs the transaction value at Rs.834 crore.
The anchor list includes some marquee names like WF Asian Fund, Neuberger Berman, Aberdeen, Steadview, Copthall Mauritius, SmallCap World Fund, Nomura, Axis Mutual Fund etc. Aptus operates in the niche of funding homes in rural and semi-urban areas and caters to people in the lower and middle income groups.