APTUS

Aptus Value Housing Finance India Limited specializes in providing home loan solutions designed for self-employed individuals and low to middle-income families, particularly in semi-urban and rural areas of India. Aptus Value Housing Finance India Limited, founded in 2009, is headquartered in Chennai, India. The company focuses on offering housing finance products tailored to the needs of self-employed individuals. In August 2021, Aptus raised INR 27.

8 billion through a IPO, demonstrating substantial investor interest, led by WestBridge Capital Partners, among others. The company has successfully completed 6 deals to date, with a total amount raised of INR 27. 8 billion, leading to a current valuation of INR 50. 8 billion.

Aptus Value Housing Finance India Ltd primarily focuses on providing home loan solutions tailored for self-employed individuals and low to middle-income families, particularly in semi-urban and rural markets across India. The company’s core product offerings include home loans for various purposes such as home construction, purchase, renovation, and extension, as well as loans against property (LAP) for construction and purchasing purposes. Aptus also provides insurance products relevant to housing finance, including credit shield insurance, which ensures the repayment of outstanding loans in the event of a customer's death, and property insurance. These products are designed to address the substantial housing finance gap in India, where a significant portion of the self-employed demographic has limited access to traditional financing options.

The company operates through a network of approximately 300 branches spread across six states in India, serving a diverse clientele that includes over 152,000 customers. Aptus Value Housing Finance generates revenue primarily through interest income from its home loan and loan against property products. For the year 2023, the company reported a revenue amount of INR 135,172,950. 80 and an EBITDA of INR 116,729,745.

90. The transaction structure typically involves direct lending to consumers, where customers apply for loans based on their financial needs, including home purchase, construction, or renovation. The company assesses these applications through a thorough evaluation process, which includes credit assessments and verification of income, particularly for self-employed individuals. The interest rates and terms of these loans are set based on the company's pricing plans, reflecting the risk profile and creditworthiness of the borrowers.

In addition to interest income, Aptus may earn revenue through its insurance offerings, particularly from premiums associated with credit shield and property insurance products, thereby creating a comprehensive financial solution for its clients. Aptus Value Housing Finance plans to leverage the funds raised in August 2021 to support its growth initiatives. The company is working on introducing new housing finance products aimed at enhancing its service offerings to self-employed customers by the end of 2023. Additionally, Aptus is targeting expansion into new markets, specifically increasing its presence in underserved regions across India.

The strategic use of funds will facilitate the development of new products and potentially the opening of additional branches to better serve these markets.