![aptus investments aptus investments](http://csa-advisor.com/wp-content/uploads/2021/08/WhatsApp-Image-2021-08-09-at-5.21.01-PM-523x740.jpeg)
2007-2011: Research Associate, Stephens Inc. Certified Financial Planner and Certified Retirement Planning Specialist Investment Advisor Representative. In December 2017, Aptus raised Rs 200 crore through debentures from a mutual fund. And now we live the life of an Aptus client-on our own terms. In a follow-up round in 2016, WestBridge and Caspian invested a total of Rs 270 crore more in Aptus. The fund raise comprises of a fresh issue of equity shares aggregating to 500 cr and an offer for sale of up to 64,590,695 equity shares by the promoter and other shareholders. This score is on a 10 point scale (1 is lowest and 10 being.
APTUS INVESTMENTS PLUS
Score is the Average Score from Stock Reports Plus by Refinitiv which combines quantitative analysis of widely used investment decision making tools. Check out why Aptus Value Housing share price is falling today. Two years later, homegrown private equity firm WestBridge put in around Rs 100 crore in Aptus in 2014. NEW DELHI: Aptus Value Housing Finance has filed a draft red herring prospectus with the SEBI to raise around Rs 2,600-3,000 crore. Aptus Value Housing share price live updates on The Economic Times. Spark Capital acted as the exclusive financial adviser to Aptus for the latest fundraising transaction.Īptus had raised Rs 30 crore from Impact investor Caspian's India Financial Inclusion Fund in 2012. It has disbursed more than Rs 3,500 crore worth of loans since inception. The mortgage lender has about 40,000 customers in Tamil Nadu, Telangana, Andhra Pradesh, Karnataka and Pondicherry. It also provides business loans through unit Aptus India Finance Pvt. IFC, the World Bank’s private-sector investment arm, also offered $50 million to Aavas and $150 million to Piramal Capital.Īptus offers loans in the range of Rs 5-25 lakh to self-employed people for buying affordable housing units. Aptus currently is financing customers in affordable housing (financing between 5-25 lakhs) with a focus on the self employed business. This precisely is the area Aptus would be focused. Aptus Wealth Management manages 36.6 million and provides investment advisory services for 202 clients (1:202 advisor/client ratio). This is where the housing needs remain unmet. Aptus Wealth Management, registered in 2016, serves 2 state(s) with a licensed staff of 1 advisors. Carlyle-backed PNB Housing raised $100 million (Rs 690 crore) from International Finance Corporation in July. Self employed, Low/Middle Income Families, from rural/semi urban areas. The fundraising comes at a time when several housing finance and non-banking finance companies are facing a liquidity crunch that was triggered by the collapse of Infrastructure Leasing & Financial Services Ltd last year and worsened after Dewan Housing Finance Corporation defaulted on its debts.Īptus joins PNB Housing Finance Ltd, Piramal Capital & Housing Finance Ltd and Aavas Financiers Ltd in raising capital this year.
![aptus investments aptus investments](https://aptuscapitaladvisors.com/wp-content/uploads/2021/02/logo@2x.png)
![aptus investments aptus investments](https://aptuscapitaladvisors.com/wp-content/uploads/2020/10/cnbc-1080x390.png)
The loan book has grown at an annualised pace of 60% for the past five years and the company aims to maintain this rate, he said. Anandan said Aptus is now well-capitalised and aims to grow its loan book to Rs 9,000 crore by 2021-22 from the current Rs 2,650 crore.