The public issue from Aavas Financiers Limited just about managed to scrape through and was subscribed on technical grounds as they received subscription which was greater than 90% of the issue size. The company had tapped the capital markets with its fresh issue of Rs 400 crs and an offer for sale of 1,62,49,359 equity […]

Aavas Financiers Limited which is tapping the capital markets with its simultaneous offer for sale and fresh issue, completed allocation to anchor investors. The company allotted 63,36,439 equity shares to 34 anchor investors comprising of 60 entities at Rs 1,821. The top allocation has been made to the erstwhile parent of the company A U […]

The week gone by shook the very floor on which traders and investors were standing on. Friday saw a tsunami hit the markets with multiple-shocks and after effects. It consisted of Yes Bank, Dewan Housing, Housing Finance Companies and ILFS. Markets fell over 1100 points on the BSESENSEX and 350 points on NIFTY before recovering […]