Aptus Value Housing files DHRP with SEBI for Rs 3,000 cr IPO

18 May 2021 CW Team

The fundraising comprises a fresh issue of equity shares totalling Rs 500 crore and an offer for sale of up to 64,590,695 equity shares by the promoter and other shareholders.

As of December 31, 2020, Aptus' assets under management (AUM) stood at Rs 3,790.93 crore, out of which 72.50% were loans to self-employed customers while the remaining 27.50% accounted for salaried individuals.

On the same date, the company had 1,844 personnel, a network of 181 branches catering to 56,430 active loan accounts across Tamil Nadu, Andhra Pradesh, Puducherry, Karnataka, and Telangana and a strong capital sponsorship by marquee investors including Sequoia Capital, Malabar Investments, Steadview Capital, Westbridge, and Madison India.

Aptus Value Housing Finance, whose 60% customers are located in rural and semi-urban regions, offers home loans for purchase and self-construction of residential property, home improvement, extension loans, loan against property, and business loans, primarily to first time home buyers belonging to the low and middle-income groups.

The ticket sizes of its loans range between Rs 5-15 lakh, with tenures ranging between 8.5 to 12.5 years.

After growing its presence outside Tamil Nadu, to other major markets in southern India, it now intends to expand its branch network in large housing markets in Maharashtra, Odisha and Chhattisgarh.

As of December 31, 2020, the company’s net non-performing asset (NPA) stood at 0.57%, capital adequacy at 75.03% and collection efficiency at 99.20%.

The net proceeds from the issue will be utilised to increase the company's capital base and meet future growth requirements. Investment bankers appointed for the Issue are Kotak Mahindra Capital Company Ltd, Citigroup Global Markets India Pvt Ltd, ICICI Securities Ltd, and Edelweiss Financial Services Ltd.

Image Source

Also read: Penna Cement files DRHP with SEBI for Rs 1,550 cr IPO

Also read: Nirma Group-backed Nuvoco files DRHP for Rs 5,000 cr IPO

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Home loan company Aptus Value Housing Finance Ltd has filed a draft red herring prospectus (DHRP) with the Securities and Exchange Board of India (SEBI) to raise around Rs 2,600-3,000 crore via an initial public offering (IPO). The fundraising comprises a fresh issue of equity shares totalling Rs 500 crore and an offer for sale of up to 64,590,695 equity shares by the promoter and other shareholders. As of December 31, 2020, Aptus' assets under management (AUM) stood at Rs 3,790.93 crore, out of which 72.50% were loans to self-employed customers while the remaining 27.50% accounted for salaried individuals. On the same date, the company had 1,844 personnel, a network of 181 branches catering to 56,430 active loan accounts across Tamil Nadu, Andhra Pradesh, Puducherry, Karnataka, and Telangana and a strong capital sponsorship by marquee investors including Sequoia Capital, Malabar Investments, Steadview Capital, Westbridge, and Madison India. Aptus Value Housing Finance, whose 60% customers are located in rural and semi-urban regions, offers home loans for purchase and self-construction of residential property, home improvement, extension loans, loan against property, and business loans, primarily to first time home buyers belonging to the low and middle-income groups. The ticket sizes of its loans range between Rs 5-15 lakh, with tenures ranging between 8.5 to 12.5 years. After growing its presence outside Tamil Nadu, to other major markets in southern India, it now intends to expand its branch network in large housing markets in Maharashtra, Odisha and Chhattisgarh. As of December 31, 2020, the company’s net non-performing asset (NPA) stood at 0.57%, capital adequacy at 75.03% and collection efficiency at 99.20%. The net proceeds from the issue will be utilised to increase the company's capital base and meet future growth requirements. Investment bankers appointed for the Issue are Kotak Mahindra Capital Company Ltd, Citigroup Global Markets India Pvt Ltd, ICICI Securities Ltd, and Edelweiss Financial Services Ltd. Image SourceAlso read: Penna Cement files DRHP with SEBI for Rs 1,550 cr IPO Also read: Nirma Group-backed Nuvoco files DRHP for Rs 5,000 cr IPO

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..