Aptus Value Housing Finance IPO subscribed 4% on day 1

Aptus Value

The initial public offering (IPO) of Aptus Value Housing Finance India had been subscribed 4 percent in the first few hours of the offer opening on August 9, receiving bids for 22.03 lakh shares against an offer size of 5.51 crore shares, the data available on exchanges showed.

Retail investors put in bids for 8 percent of their reserved portion and non-institutional investors had bought 13,818 equity shares against the reserved portion of 1.18 crore equity shares. Qualified institutional buyers are yet to put in bids for the IPO.

News Source:- Moneycontrol

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