Aavas Financiers debuts today

The IPO of Aavas Financiers received bids for 1.44cr shares, as against 1.47cr shares on offer, as per the BSE data.

Oct 08, 2018 03:10 IST India Infoline News Service

Dalal Street
Aavas Financiers will list its shares on the exchanges today. The IPO of Aavas Financiers received bids for 1.44cr shares, as against 1.47cr shares on offer, as per the BSE data. The issue was subscribed 0.97 times.

The global co-ordinators and Book Running Lead Managers (GCBRLMs) to the offer were ICICI Securities, Citigroup Global Markets India, Edelweiss Financial Services, and Spark Capital Advisors (India). The Book Running Lead Manager (BRLM) to the offer is HDFC Bank Ltd.

The equity shares are proposed to be listed on the BSE and the NSE.

Trading Members of the Exchange are hereby informed that effective from October 08, 2018, the equity shares of AAVAS Financiers Ltd (Scrip Code: 541988) are listed and admitted to dealings on the Exchange in the list of 'B' Group Securities, as per BSE filing. 

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