Abans Holdings IPO:GMP, Issue Size, Issue Price & Important dates

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Abans Holdings IPO is all set to debut in the stock market on December 12 2022 with issue size of 345.6 crores, and is also known as the financial arm of aban group. 

Abans Holdings IPO Details 

Abans Holdings LTD IPO Dates 12 – 15 December 2022 
Abans Holdings LTD IPO Price INR 256 – 270 per share 
Fresh issue 38,00,000 shares (INR 97.28 – 102.60 crore) 
Offer For Sale 90,00,000 shares (INR 230.40 – 243.00 crore) 
Total IPO size 128,00,000 shares (INR 327.68 – 345.6 crore) 
Minimum bid (lot size) 55 shares (INR 14,850) 
Face Value  INR 2 per share 
Retail Allocation 35% 
Listing On NSE, BSE 

Abans Holdings IPO Tentative Timetable 

Event Tentative Date 
Opening Date Dec 12, 2022 
Closing Date Dec 15, 2022 
Basis of Allotment Dec 20, 2022 
Initiation of Refunds Dec 21, 2022 
Credit of Shares to Demat Dec 22, 2022 
Listing Date Dec 23, 2022 
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Abans Holdings Industry Overview 

AUM managed by the mutual fund sector totaled 37.75 trillion (US$474.87 billion) as of July 2022, and there were 135.6 million total accounts. Systematic Investment Plan (SIP) inflows into Indian mutual fund schemes totaled 48,565 crore (US$ 6.10 billion). By the end of December 2021, equity mutual funds had had a net inflow of 22.16 trillion (US$ 294.15 billion). 

The insurance sector is a significant part of India’s financial sector. The insurance sector has been rapidly growing. In FY22, life insurance company first-year premiums totaled $40.1 billion USD. Non-life insurance premiums totaled 36,680.69 crore (US$ 4.68 billion) in FY23 (through May 2022). 

Abans Holdings Company Overview 

Financial services, gold refining, jewellery manufacturing, commodities trading, agricultural trading and warehousing, software development, and real estate are all businesses that Abans Holdings Limited engages in. The business stands for the Abans Group’s financial services division. 

Abans Holdings Limited offers corporate, institutional, and high net worth clients NBFC services, global institutional trading in stocks, commodities, and foreign exchange, private client stock broking, depositary services, asset management services, investment advisory services, and wealth management services. 

Abans Holdings IPO Objectives 

The main objectives of the issue are as follows: 

a) Further Investment in the NBFC Subsidiary (Abans Finance Pvt. Ltd.) for financing the augmentation of its capital base to meet its future capital requirements. 

b) General Corporate Purpose. 

Abans Holdings Financial  

  FY 2019 FY 2020 FY 2021 FY 2022 5M FY 2023 
Revenue 4,371.37 2,765.21 1,325.51 638.63 284.90 
Expenses 4,339.34 2,729.50 1,282.26 580.44 258.47 
Net income 42.03 34.83 41.90 56.88 27.28 
Margin (%) 0.96 1.26 3.16 8.91 9.58 

Abans Holdings Offer News 

Abans Holdings IPO Strengths 

  • An integrated financial services platform 
  • Strong human capital and organizational culture 

Abans Holdings IPO Weaknesses 

  • Continuing impacts of COVID-19. 
  • Company is primarily a holding Company and operates its all business through 17 subsidiaries. 

Company Contact Information

Abans Holdings Limited
36, 37, 38A
Floor 3, Nariman Bhavan, Backbay Reclamation,
Nariman Point, Mumbai – 400021
Phone: +91 – 22 – 6179 0000
Email: compliance@abansholdings.com
Website: https://abansholdings.com/

Abans Holdings IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

Abans Holdings IPO Lead Manager(s)

  1. Aryaman Financial Services limited (Past IPO Performance)


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