Aptus Value Housing Finance India Ltd IPO

Last Updated: 03 January 2022 8:09 AM by 5Paisa

Aptus Value Housing Finance India Limited is an entirely retail-focused housing finance company primarily serving low and middle-income self-employed customers in the rural and semi-urban markets of India. The company is one of the largest housing finance companies in south India in terms of AUM, as of March 31, 2021 (Source: CRISIL Report). The company offers customers home loans for the purchase and self-construction of residential property, home improvement and extension loans; loans against property; and business loans. Aptus Value Housing Finance target first time home buyers where the collateral is a self-occupied residential property and does not provide any loans with a ticket size above ₹2.50 million. The company has implemented a robust risk management architecture which is reflected in their asset quality. The company has repeatedly pointed out that this self-employed entry level segment is normally very cautious about credit records since they cannot afford to be blacklisted in the credit market in any form. Hence, they ensure to make their EMI payments on time, even in the midst of tough financial conditions. This is evident from the fact that Aptus Value Housing enjoys collection efficiency of 99.20%.

Aptus Value Housing Finance - Financials

_{Source: RHP}