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Aptus Value Housing Finance makes weak debut, lists 7% below issue price

The stock got listed at Rs 329.95, a 7 per cent discount to the issue price of Rs 353 on the BSE

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Illustration: Binay Sinha

SI Reporter Mumbai
Housing finance company Aptus Value Housing Finance India has made a disappointing debut on the bourses as its shares got listed at Rs 329.95, a 7 per cent discount to its issue price of Rs 353 on the BSE on Tuesday. On the National Stock Exchange (NSE), the stock opened at Rs 333, 6 per cent below its issue price.

At 10:02 am, the stock was trading at a discount of 2 per cent to the issue price at Rs 343.25 after hitting a high of Rs 344 in intra-day trade post listing on the BSE. In comparison, the S&P BSE