Abans Holdings
CMP
255.35
+2.00 (0.79%)
₹270
Offer Price
₹ 345.60 Cr
Issue Size
₹ 14,850
Min Investment
1.10x
Times Subscribed
55
Lot size
Time Line
-
12Dec 2022Open
-
15Dec 2022Close
-
20Dec 2022Finalisation of Basis of Allotment
-
21Dec 2022Initiation of Refunds
-
22Dec 2022Transfer of Shares to Demat Account
-
23Dec 2022Listing Date
Shares Offered
Number of Times Subscribed
Day 4
12 Dec 2022
0.11x
QIB
0.00
NIB
0.12
Retail
0.13
Employee
0.00
Day 3
14 Dec 2022
0.46x
QIB
2.19
NIB
0.17
Retail
0.32
Employee
0.00
Day 2
13 Dec 2022
0.28x
QIB
1.01
NIB
0.13
Retail
0.23
Employee
0.00
Day 1
15 Dec 2022
1.10x
QIB
4.10
NIB
1.48
Retail
0.40
Employee
0.00
Objects of the Offer
-
Using technology to create greater scalability
-
Continue to expand its lines of business into complementary businesses
-
Augment its fund based capacities in order to scale up business operations
Products & Services
-
The company represents the financial services arm of the Abans Group. We operate a diversified global financial services business, headquartered in India, providing NBFC services, multi-asset global institutional trading in equities, commodities and
-
foreign exchange, private client broking, asset management & investment advisory services and wealth management services to corporate, institutional and high net worth individual clients.
Strengths
-
An integrated financial services platform
-
Strong human capital and organizational culture
-
Global exposure providing innovative financial products
-
Strong relationships with clients and market participants
-
Standardized operating procedures and efficient use of technology
Company Promoters
Promoters Holding
Issue For IPO
25.26%
Pre Holding
96.45%
Post Holding
71.19%
Top Promoters Holding
Financials
All values in Cr
| Mar-2021 | Mar-2022 | Mar-2023 | 3-Yr trend | |
|---|---|---|---|---|
| Revenue | 1,330.97 (-52.00%) | 644.98 (-51.50%) | 1,163.44 (80.40%) | |
| Gross Profit | 50.22 (14.80%) | 66.97 (33.40%) | 76.61 (14.40%) | |
| Net Income | 41.90 (20.10%) | 56.88 (35.80%) | 64.78 (13.90%) | |
| Assets | 930.30 (2.10%) | 823.53 (-11.50%) | 1,347.18 (63.60%) | |
| Liabilities | 476.15 (5.40%) | 301.52 (-36.70%) | 626.97 (107.90%) |
Peers
| Company Name | Revenue (Cr) | Net Profit (Cr) | Assets (Cr) | Liabilities (Cr) | ROE | EPS | BVPS | Current Ratio | Debt to Assets |
|---|---|---|---|---|---|---|---|---|---|
| Edelweiss Financial Services Ltd | 6,911.40 | 188.78 | 43,187.78 | 43,187.78 | 2.88 | 2.11 | 84.53 | 0.43 | 3.47 |
| Geojit Financial Services Ltd | 500.29 | 150.61 | 1,415.50 | 1,415.50 | 21.61 | 6.31 | 32.12 | 10.64 | 0.07 |
| Choice International Ltd | 271.82 | 53.58 | 977.61 | 977.61 | 16.50 | 13.84 | 65.40 | 5.48 | 0.67 |
| Abans Holdings Ltd | 644.98 | 56.88 | 823.53 | 301.52 | 9.01 | 12.27 | 112.63 | 3.03 | 0.10 |
Book Running Managers
- Aryaman Financial Services Ltd
Registrar & Transfer Agent
Bigshare Services Pvt Ltd
Office No 56-2,Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093 Phone : 91-22-62638200 Fax: 91-22-63638299
Company Contact Information
36 37 38A Flr 3 Nariman Bhavan,Backbay Reclama. Nariman Point,
Mumbai - 400021 Phone : 91-22-6179000 Email : compliance@abansholdings.com www.abansholdings.com
Offer Related Information
Initial public offer of 1,28,00,000 equity shares of face value of Rs. 2 each ("Equity Shares") of Abans Holdings Limited (the "Company" or the "Issuer") for cash at a price of Rs. 270 per equity (including the securities premium of Rs. 268 per equity share), aggregating to Rs. 345.60.* crores ("The Offer") comprising of a fresh issue of 38,00,000 equity shares aggregating to Rs. 102.60.* croress (the "Fresh Issue") and an offer for sale of 90,00,000 equity shares by Abhishek Bansal ("The... More
News
-
16 Dec 2022, 10:18 AM
Abans Holdings IPO ends with 1.10x subscription
-
15 Dec 2022, 17:43 PM
Abans Holdings IPO subscribed 1.10 times
-
14 Dec 2022, 17:24 PM
Abans Holdings IPO subscribed 46%
-
13 Dec 2022, 17:16 PM
Abans Holdings IPO subscribed 28%
-
12 Dec 2022, 17:23 PM
Abans Holdings IPO subscribed 11%
Abans Holdings FAQ's
The shares of Abans Holdings were first listed on the stock exchanges on June 26, 2024.
The total issue size of the Abans Holdings IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they
The minimum lot size for Abans Holdings public issue was 125 shares.
The price band of the IPO of Abans Holdings was Rs. 114 to Rs. 120 per equity share.
Abans Holdings IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.
Bigshare Services Private Limited is the registrar and share transfer agent of Abans Holdings IPO.
Download Our App On:
