AAVAS Ltd.

1760INR + 1.80 (+ 0.10%) VOLUME : 40000
    Average Volume
  • 5-Day 77,200.00
  • 20-Day 108,449.95
  • 3-Months 61,595.72

MARKET CLOSED

Price Table

Date Open High GREEN: if High is higher than last 2 days high
RED: if high is lower than last 2 days high
Low GREEN:if Low is higher than last 2 days low
RED: if low is lower than last 2 days low
LTP Close GREEN:if Day's Closing is near the Day's High
RED: if low is lower than last 2 days low
Volume Delivery % 20 Day SMA GREEN: if Day's Closing is above 20-Day SMA
RED: if Day's Closing is below 20-Day SMA
50 Day SMA GREEN: if Day's Closing is above 50-Day SMA
RED: if Day's Closing is below 50-Day SMA
100 Day SMA GREEN: if Day's Closing is above 100-Day SMA
RED: if Day's Closing is below 100-Day SMA
200 Day SMA GREEN: if Day's Closing is above 200-Day SMA
RED: if Day's Closing is below 200-Day SMA
06-Dec-19 1772.00 1795.10 1740.00 1760.00 1757.90 40,000 41% 1,702.40 1,647.04 1,576.73 1,418.91
05-Dec-19 1848.80 1850.00 1745.00 1757.80 1758.20 76,020 48% 1,691.77 1,643.91 1,574.11 1,414.43
04-Dec-19 1778.00 1840.00 1754.35 1840.00 1837.55 98,976 55% 1,678.38 1,638.72 1,571.51 1,409.89
03-Dec-19 1759.90 1789.15 1735.00 1778.00 1764.60 110,830 87% 1,660.19 1,631.28 1,567.86 1,404.90
02-Dec-19 1755.00 1788.75 1717.25 1745.00 1751.90 60,263 64% 1,648.58 1,625.42 1,565.27 1,400.28
29-Nov-19 1799.95 1840.00 1752.00 1760.00 1773.25 415,805 94% 1,640.13 1,620.01 1,562.88 1,395.64
28-Nov-19 1780.60 1801.00 1764.05 1801.00 1794.30 19,437 30% 1,631.04 1,615.14 1,560.14 1,390.97

Performance

Key Data

Day High Low Range

Time Lowest Highest
10 AM 1740.00 1772.00
11 AM 1740.00 1772.00
12 PM 1740.00 1772.00
1 PM 1740.00 1795.10
2 PM 1740.00 1795.10

Company Profile - AAVAS Ltd.

AAVAS

It was being incorporated as ‘Au Housing Finance Private Limited’ as on February 23, 2011, as a private limited company under the 1956 Companies Act, with a certificate of incorporation granted by the RoC. According to a special resolution passed by the shareholders on January 10, 2013, it was also converted into a public limited company, and then its name was changed to ‘AU Housing Finance Limited.’ Moreover, the RoC certified the change of name upon conversion to a public limited company as of January 11, 2013. After that, according to a special resolution passed by the shareholders on February 23, 2017, the company name was changed to ‘Aavas Financiers Limited’ and, also a fresh certificate of incorporation as of March 29, 2017, was issued by the RoC. Also, in terms of a certificate of registration as of August 4, 2011, issued by the NHB, bearing serial number 08.0095.11, it was being registered as a ‘housing finance institution w ... ithout accepting public deposits.’ Moreover, upon the name change to ‘Aavas Financiers Limited,’ the NHB also issued a certificate of registration as of April 19, 2017, to the Company, with the serial number 04.0151.17. According to a certificate of registration dated December 8, 2017, issued to the Company by the IRDAI, we have been authorized to act as a corporate agent (composite) under the Insurance Act and the Corporate Agents Regulation, 2015.

Some of the Milestones:

  • 2011:
  • The incorporation of the company as Au Housing Finance Private Limited.
  • It was registered with NHB as a ‘housing finance institution without accepting public deposits.’
  • 2012: It also received its first rating “BBB+/Stable” from CRISIL for long term bank facilities of INR 1,000 million.
  • 2013:
  • Also, it was converted into a public limited company, and its name was changed to AU Housing Finance Limited.
  • It also received its first refinancing assistance from NHB.
  • 2014: It also issued its first tranche of non-convertible debentures (or “NCDs”).
  • 2015:
  • It entered into its first pool buyout transaction in the housing loan priority sector.
  • Also, according to a notification dated December 18, 2015, issued by the Central Government, it was identified as a ‘financial institution’ under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
  • 2016:
  • It received an investment from Lake District, Kedaara AIF-1, Master Fund and ESCL (defined starting now).
  • It was also assigned “[ICRA] A with a stable outlook’ from ICRA for long term facilities of INR 5,000 million.
  • It received its first subsidy from NHB under ‘CLSS-PMAY.’
  • 2017:
  • The company name was changed to Aavas Financiers Limited.
  • It was assigned “Care A+; Stable” from CARE for the long term bank facilities of INR 3,850 million and long term subordinated debt of INR 500 million.
  • Also, the NHB issued consequent to the name change of the Company, a fresh certificate of registration.
  • It entered into the first ‘pass-through certificate’ (or “PTC”) transaction, along with IDBI Trusteeship Services Limited.
  • 2018:
  • The up-gradation of its CARE rating to “Care A+; Positive” for the long term facilities of INR 10,120 million and long term subordinated debt of about INR 1,000 million.
  • Also, an assignment of its ICRA rating to “[ICRA]A+/ Positive” for the bank limits of INR 12,400 million and NCDs of INR 3,500 million; and also "[ICRA] A1+” for the commercial paper of INR 500 million.
Some of the Achievements:
  • 2016: It received the ASSOCHAM Excellence Award for being the “Best Housing Finance Company” in the affordable housing sector.
Some of the Certifications: Also, the management system for customer complaint handling of the company was being certified to comply with the ISO 10002:2014 standard for customer satisfaction and complaint handling process according to a certificate of registration (or CCH 04 00002) dated June 13, 2018. Also, the certificate is valid until June 12, 2021. The company management system has been certified to comply with ISO 9001:2015 standard for the provision of lending process; e disbursements as well as client servicing including redressal mechanism according to a certificate of registration (or QM 04 00469) dated June 13, 2018. Also, this certificate is valid until June 12, 2021.