Aptus Value allots 10-year NCDs worth Rs 200 cr
Aptus Value Housing Finance India said that its board has approved the allotment of 20,000 non-convertible debentures (NCDs) aggregating to Rs 200 crore on a private placement basis.
The company allotted 20,000 secured, redeemable, rated, listed, NCDs having a face value of Rs 1 lakh each, aggregating up to an amount of Rs 200 crore on a private placement basis.These debentures have a coupon rate of 8.75% p.a., payable monthly, and the date of maturity is 11 March 2030.
Aptus Value Housing Finance India is amongst the fastest growing & profitable affordable housing finance company. The company offers home loans for purchase and self-construction of residential property, home improvement, extension loans, loan against property and business loans to the low and middle-income groups.
The companys consolidated net profit jumped 20.9% to Rs 190.50 crore in Q3 FY25 as compared with Rs 157.59 crore in Q3 FY24. Net sales increased 27.4% YoY to Rs 464.68 core during the quarter.
The counter declined 1.73% to end at Rs 300.35 on the BSE.
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