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Aptus Value Housing Finance India Ltd is a Home Loan Company. Aptus has been formed to primarily address the housing finance needs of self-employed, low and middle income families primarily from semi-urban and rural areas. Company targets first-time home buyers where collateral is self- occupied residential property.
Aptus clarified its NHB funding rate. The previously stated 8.20-8.30% was before concessions. The effective rate, factoring in concessions for specific borrowers and company rating, is lower at around 7.90%. This implies improved cost of funds for the company.
Westbridge Crossover Fund and its group, formerly Aptus promoters, have fully divested their 8.23 Cr equity shares (~16.46%). They now seek reclassification to the 'Public' category, significantly altering Aptus's shareholder structure.
Aptus Value Housing Finance India Ltd. has announced a board meeting to declare an interim dividend of Rs. 2.50 per equity share (face value Rs. 2). The company advised shareholders to update their tax and contact details to ensure accurate TDS deduction and highlighted exemption criteria for residents and DTAA...
Aptus Value Housing Finance India Limited reported strong consolidated financial performance for the quarter and nine months ended December 31, 2024. Total revenue from operations reached ₹45,004.51 crore, up from ₹35,142.02 crore a year ago, reflecting a robust year-on-year growth of 27.97%, driven by increased demand in housing finance and...
Aptus Value Housing Finance India Ltd. has been granted a certificate of registration by the Insurance Regulatory and Development Authority of India (IRDAI), enabling the company to operate as a Corporate Agent (Composite). This approval allows Aptus to solicit life, general, and health insurance products to its customers, enhancing its...