348.45 3.40(0.99%)
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This tools helps you project your potential return on investments for the given stock, for a specified amount over a per-defined period of time.
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in 12 36 60 Months Ago
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Aptus Value Housing Finance India Limited was incorporated on December 11, 2009 with the main objective of carrying on the business of providing long term housing finance to meet the housing needs of the low and middle-income segment in the country. The Company received the Certificate of Registration from the National Housing Bank (NHB) on 31 May 2010 to commence the business of Housing Finance without accepting public deposits. The Certificate of Commencement of Business was received from Registrar of Companies on June 25, 2010. Aptus is a Housing Finance Company registered with the National Housing Bank (NHB) and regulated by the Reserve Bank of India (RBI). Aptus 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. During the year 2016-17, the Company had allotted 15,911,765 equity shares of Rs. 10 each at a premium of Rs. 160 per share on preferential basis to Westbridge Cross Over Fund LLC (14,441,176 shares) and India Financial Inclusion Fund (1,470,589 shares) vide Share Subscription Agreement dated 31 August 2016. As at 31 March 2018, the total assets under management(AUM) increased to Rs. 1,411 crores as against Rs. 846 crores previous year thereby...