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IPO alert: Sequoia Capital-backed Aptus Value Housing files for Rs 3,000 crore IPO


Bongkarn Thanyakij
Housing finance company Aptus Value Housing Finance Limited (AVHFIL) filed its papers with the market regulator SEBI to raise around Rs 2,600 - 3,000 crore. The fund raised through the initial public offering (IPO) will be used to increase the company’s capital base and to meet future growth requirements.
The fund raise comprises a fresh issue of equity shares aggregating to 500 crore and an offer for sale of upto 6.45 crore equity shares by promoter and other selling shareholders.
The company had marquee investors like West Bridge Crossover Fund, Malabar Investments, Sequoia Capital, Steadview Capital and Madison India.
As of December 31, 2020, the company’s AUM stood at Rs 3,790.93 crore of which 72.50 per cent were loans to self-employed customers while the balance 27.50 per cent accounted for salaried individuals. ....

Tamil Nadu , Union Territory Of Puducherry , Andhra Pradesh , Kotak Mahindra Capital Company , Citigroup Global Markets India Pvt Ltd , Crossover Fund , Aptus Value Housing Finance Limited , Edelweiss Financial Services Ltd , Securities Ltd , Sequoia Capital , West Bridge Crossover Fund , Malabar Investments , Steadview Capital , Union Territory , Wipo Alert , Aptus Value Housing , தமிழ் நாடு , தொழிற்சங்கம் பிரதேசம் ஆஃப் புதுச்சேரி , ஆந்திரா பிரதேஷ் , கோட்டக் மஹிந்திரா மூலதனம் நிறுவனம் , சிட்டி குழுமம் உலகளாவிய சந்தைகள் இந்தியா பிரைவேட் லிமிடெட் , குறுக்குவழி நிதி , ஏதெல்வேஸ்ஸ் நிதி சேவைகள் லிமிடெட் , பத்திரங்கள் லிமிடெட் , சீக்வோயா மூலதனம் , மலபார் முதலீடுகள் ,