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Au Financiers IPO Prospectus
What Are Analysts Saying?
AU Small Finance Bank IPO - Transformation Required, Valuations Stretched
Punit Jain, 29 Jun 2017
According to JainMatrix Investments, AUB is addressing high potential sectors of the economy such as microfinance and MSME. This IPO offering is rated AVOID. Investors can pass up this opportunity and instead look to pick up the shares at more reasonable levels in future.
IPO Note: Au Financiers IPO - HDFC Securities
HDFC Sec, 28 Jun 2017
AU Small Finance Bank has recently transitioned from a prominent, retail focused non-banking finance company (NBFC), which primarily served low and middle-income individuals and businesses that have limited or no access to formal banking and finance channels.
AU Small Finance Bank IPO: Long Term Subscribe - Hem Securities
Hem Securities, 28 Jun 2017
At price band of Rs 355-358 bank is bringing the issue at p/b multiple of 5.09x on FY17 book value of Rs 70.34. The fundamentals of this bank sounds good. Hence, Hem Securities recommend \'Long Term Subscribe\' on issue.
Au Financiers IPO: Subscribe to the issue - Jainam Research
Jainam Research, 27 Jun 2017
Jainam Research are particularly highlighting a diversified product portfolio, small finance bank license, presence in rural and semi-urban markets, experienced management, and strong risk management as some of the strengths.
Au Financiers IPO: Rudra Shares recommend to subscribe to the issue
Rudra Shares and Stock Brokers, 27 Jun 2017
Rudra Shares are highlighting diversified product portfolio and revenue streams, and customer centric organizational commitment amongst the strengths. But they also believe that inability to successfully transition from an NBFC to an SFB may have an adverse effect on business.
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Issue Details
Open Date: 28 Jun 17
Close Date: 30 Jun 17
Offer Price: Rs. 355
Issue Size: -
Min Application Amount:
Rs. 14555
Min bid (No. of shares): 41
Listing Exchanges: BSE, NSE
About the Company
"Incorporated in 1996, Au Financiers (India) Ltd is Jaipur Rajasthan based non-banking finance company focused on retail segment serving low and middle income individuals and businesses that have limited or no access to formal banking and finance channels.

Au Financiers operate in 3 business lines:
1. Vehicle finance
2. Micro, small and medium enterprises (MSMEs) loans
3. Small and medium enterprises (SMEs) loans

On December 20, 2016, Au Financiers received RBI license for Small Finance Bank (SFB). With this company is planning to offer a diverse suite of banking products in near future."
Objective of the Issue
Subscription Details
Investor Category No of times
Qualified Institutional Investor -
Non Institutional Investor -
Retail Investor -
Total -