AUBANK Ltd.

654.00INR + 6.15 (+ 0.95%) VOLUME : 701000
    Average Volume
  • 5-Day 333,400.00
  • 20-Day 604,649.95
  • 3-Months 485,961.50

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
18-Oct-19 650.00 666.50 641.45 654.00 654.40 701,198 84% 651.75 663.69 673.06 639.06
17-Oct-19 650.00 656.00 637.70 650.00 647.85 93,629 49% 651.72 663.74 673.39 638.82
16-Oct-19 647.55 675.00 643.00 647.90 647.45 335,890 59% 651.21 664.35 673.89 638.77
15-Oct-19 646.00 653.00 641.00 644.00 643.55 332,462 88% 652.18 664.49 674.33 638.72
14-Oct-19 657.95 663.80 640.55 644.95 643.70 203,615 72% 653.47 664.76 674.49 638.71
11-Oct-19 642.00 661.00 638.00 657.10 653.85 105,242 63% 654.73 665.08 674.46 638.70
10-Oct-19 644.70 649.00 636.30 640.00 638.70 54,896 44% 655.17 664.68 674.43 638.62

Performance

Key Data

Day High Low Range

Time Lowest Highest
10 AM 647.00 654.00
11 AM 646.50 654.00
12 PM 642.50 654.00
1 PM 641.45 654.00
2 PM 641.45 665.50

Company Profile - AUBANK Ltd.

AUBANK

It was initially incorporated as ‘L.N. Finco Gems Private Limited’ as on January 10, 1996, as a private limited company under the Companies Act, 1956 with the RoC. According to the name change of the Company to Au Financiers (India) Private Limited to reflect the RoC issued the diversified finance business of the Company, a fresh certificate of incorporation on May 24, 2005. It was also converted into a public limited company by way of a special resolution passed by the Shareholders during the EGM held on January 10, 2013, and the company name was changed to ‘Au Financiers (India) Limited.’ The RoC issued a fresh certificate of incorporation consequent upon conversion to a public limited company as on January 11, 2013. It was also granted the in-principle approval to establish an SFB by the RBI, according to its letter dated October 7, 2015. Also, the RBI granted it the final approval to establish an SFB by its letter dated December 20, 2016. A ... ccording to the Company being established as an SFB, the company name was changed to ‘AU the RoC issued small Finance Bank Limited' and a fresh certificate of incorporation as on April 13, 2017.

Some of the Milestones:

  • 1996: It was incorporated as a private limited company in Rajasthan with an authorized share capital of INR 0.1 million.
  • 2000: It received a certificate of registration under section 45 I A of RBI Act from the RBI to carry on the business of non-banking financial institution without accepting public deposits.
  • 2005: It also became a commercial associate of HDFC Bank for carrying on the business of financing commercial vehicles.
  • 2006: It expanded its operations into Maharashtra.
  • 2008: It also obtained investment of INR 200 million from India Business Excellence Fund and India Business Excellence Fund-1.
  • 2009: It forayed into Gujarat, which is the third state where the Company commenced its operations.
  • 2010:
  • It received a fresh certificate of registration under section 45 IA of RBI Act from the RBI according to which RBI also classified the Company as an NBFC-ND-AFC.
  • It obtained an investment of INR 350 million, INR 60 million and INR 140 million, from IFC, IBE Fund and IBE Fund -I, respectively.
  • It attained the status of “Systemically Important Non-Deposit Taking Asset Finance Company.”
  • 2011: It set-up a subsidiary named, AuHFL, to provide housing finance services.
  • 2012:
  • It obtained investment of INR 1,500 million and INR 330.44 million from Redwood and IFC, respectively.
  • It received an upgrade of credit rating from CRISIL BBB+/Stable to CRISIL A/Stable for long term bank facilities by CRISIL Ratings.
  • It also set-up a subsidiary named, Au Insurance Broking Services Private Limited, for providing insurance and broking services.
  • 2015:
  • It received an upgrade of credit rating to CARE A+ for long-term banking facilities by CARE Ratings.
  • It assigned a credit rating of Ind A+/Stable for the long term banking facilities and NCDs by India Ratings.
  • It received “in-principle” approval for forming an SFB from the RBI.
  • 2016:
  • It received final approval for carrying on the business of SFB from the RBI.
  • It received a long term credit rating of BWRAA, along with Stable Outlook from Brickwork Ratings.
  • It received an upgrade in the long-term rating of CRISIL A/ Watch Positive by CRISIL Ratings.
  • Also, according to RBI approval dated April 6, 2016, divested its shareholding in AuHFL that was the erstwhile subsidiary company.
  • According to RBI approval dated May 18, 2016, divested its entire shareholding in IML(2).
  • According to RBI approval dated September 6, 2016, divested 29.53% of the total shareholding of M Power Micro Finance Private Limited.
  • It also divested its entire shareholding in Au Insurance Broking Services Private Limited (or “AuIBSPL”), the recent associate company. In this regard, it has received an in-principle approval dated December 6, 2016, from the IRDAI for change in the shareholding pattern of AuIBSPL.
  • 2017:
  • It commenced operations as an SFB, and the same was notified via the RBI press release dated April 19, 2017.
  • It also received an upgrade of credit rating outlook from Ind A+/Stable to IND A+/POSITIVE for long term banking facilities and NCDs by India Ratings.

Some of the Achievements:

  • 2011:
  • It was shortlisted for the Financial Times International Finance Corporation.
  • It received the sustainable Finance Awards in the “Achievement in the Financing at the Base of the Pyramid” category.
  • 2012: It was awarded the “Best PE-backed Financial Service Company” by VCCircle.
  • 2017: It was also adjudged runner-up in the “Best Retail NBFC” category by Outlook Money Awards, in 2016.