Jaipur Sep 20 (IANS) Housing finance company Aavas Financiers Limited will open the Initial Public Offer on September 25 and will close it on September 27 to raise Rs 1 734 crore said Sushil Kumar Agarwal founder and CEO addressing a press conference on Thursday.
The price band for the offer starts from Rs 818 to Rs. 821 per equity share. Bids can be made for a minimum lot of 18 equity shares and in multiples of 18 equity shares thereafter.
The equity shares are proposed to be listed on BSE and NSE he said.
Based in Jaipur the company has been expanded its operations in Rajasthan Gujarat Maharashtra Haryana Madhya Pradesh Uttarakhand and NCR.
With 186 branches in 92 districts across eight states the company is aiming to expand branches to 300 in next three years he added.
IANS
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