Aavas Financiers has debuted at Rs 758.00 on the BSE, down by 63.00 point or 7.67% from its issue price of Rs 821.
The scrip is currently trading at Rs 773.40, down by 47.60 points or 5.80% from its issue price. It has touched a high and low of Rs 786.35 and Rs 710.00 respectively. So far 2,43,000 shares were traded on the counter.
The offering, which was open for subscription between September 25, 2018 and September 27, 2018, was subscribed 97 per cent. The issue price was fixed at Rs 821 per share i.e. at upper end of price band of Rs 818-821 apiece.
Aavas Financiers is a retail, affordable housing finance company, primarily serving low and middle income self-employed customers in semi-urban and rural areas in India.
| Company Name | CMP |
|---|---|
| LIC Housing Finance | 540.05 |
| Housing & Urban Dev. | 197.00 |
| Bajaj Housing Financ | 91.83 |
| Piramal Finance | 1673.65 |
| PNB Housing Finance | 924.40 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: