Aavas Financiers to issue NCDs worth up to Rs 100 Cr via private placement

Fund Raising View source PDF Explain this filing

AAVAS · price

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Price reactionminutes from the announcement price · days from the prior close

+3.2%Reaction day

₹1260.00

prior close

₹1264.90

announcement price

After-mkt

timing

Nifty Smallcap 250market+1.0%+2.1% vs market

Housing Finance Company peers, median of 17sector+1.2%+2.0% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty Smallcap 250 and 2.0 pts more than its Housing Finance Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

+1.2

15m

+0.9

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.2+1.0+2.1+1.2+2.0

Next day

+3.6+1.2+2.3+2.1+1.5

+3.7+1.2+2.5+1.7+2.0

+2.7+1.5+1.2+1.4+1.2

+2.1+1.0+1.2+0.7+1.4

+2.0+1.0+1.0+0.5+1.5

+1.4-2.0+3.4-3.1+4.5

15d

+0.1-0.5+0.6-3.9+4.0

-3.7-3.3-0.4-8.3+4.5

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UpDownMarket · Nifty Smallcap 250Sector · Housing Finance Company peers, median of 17Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Aavas Financiers Executive Committee approved issuing up to 10,000 senior secured NCDs on private placement basis. Total size up to Rs 100 Crores with face value of Rs 1 lakh each. Tenor is 60 months with quarterly interest payments and principal repaid in 20 equal quarterly instalments. NCDs to be listed on BSE WDM segment. Coupon rate to be decided in KID.

Likely market impact

Raises up to Rs 100 Cr via NCD private placement; non-convertible debt so no dilution. Coupon rate pending in KID.