AAVAS Financiers Ltd
NSE: AAVAS BSE: 541988
₹1285.60
(-0.44%)
Sat, 07 Mar 2026, 07:12 am
Market Cap101.76B
PE Ratio16.36
Dividend0
Finance
Finance/Rental/Leasing
24.5KCompany History
2011
- Incorporation of the Company as Au Housing Finance Private Limited
- The Company was registered with NHB as a housing finance institution without accepting public deposits
2012
- The Company received its first rating BBB+/Stable from CRISIL for long term bank facilities of ? 1,000 million
2013
- The Company was converted into a public limited company and the name was changed to AU Housing Finance Limited
- Consequent to the conversion of the Company into a public limited company, the NHB issued a fresh certificate of registration
- The Company received its first refinancing assistance from NHB
2014
- The Company issued its first tranche of non-convertible debentures
2015
- The Company entered into its first pool buyout transaction in housing loan priority sector
- Pursuant to a notification dated December 18, 2015 issued by the Central Government, the Company was identified as a financial institution under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
2016
- Received investment from Lake District, Kedaara AIF-1, Master Fund and ESCL
- We were assigned [ICRA] A with a stable outlook by ICRA for long term facilities of ? 5,000 million
- The Company received its first subsidy from NHB under CLSS-PMAY
- Aavas Financiers Ltd was awarded ASSOCHAM Excellence Award for being the best housing finance company in affordable housing
2017
- The name of the Company was changed to Aavas Financiers Limited
- We were assigned Care A+; Stable from CARE for long term bank facilities of ? 3,850 million and for long term subordinated debt of ? 500 million
- Consequent to the change in the name of the Company, a fresh certificate of registration was issued by the NHB
- The Company entered into first pass through certificate transaction with IDBI Trusteeship Services Limited
- The NHB issued a certificate of registration dated April 19, 2017 to the Company
- Pursuant to a certificate of registration dated December 8, 2017, issued to the Company by the IRDAI, we have been authorised to act as a corporate agent
2018
- Upgradation of our CARE rating to Care A+; Positive for long term facilities of ? 10,120 million and for long term subordinated debt of ? 1,000 million
- Upgradation of our CRISIL rating to CRISIL A+/ Stable for long term facilities of ? 5,570 million
- Assignment of our ICRA rating to [ICRA]A+/ Positive for bank limits of ? 12,400 million and for NCDs of ? 3,500 million; and [ICRA] A1+ for commercial paper of ? 500 million.
- The management system for customer complaint handling of the Company has been certified to be in compliance with ISO 10002:2014 standard
- The management system of the Company has been certified to be in compliance with ISO 9001:2015 standard
2022
- Aavas Financiers Ltd. has been conferred the BEST NBFC for the year 2020-21 in FE India's Best Banks Awards.
- Aavas Financiers Ltd is now Certified Great Place to Work.
2023
- Aavas Financiers Limited received ICAI Sustainability Reporting Awards 2022-23 under Silver Category for Excellence in BRSR-Mid Cap.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800